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Touchstone exploration announces acquisition

Touchstone Exploration Inc. has announced an agreement with Trinity Exploration and Production Plc for an all-share acquisition, consolidating their operations in Trinidad and Tobago. Under the terms, Touchstone will acquire all issued and to be issued ordinary share capital of Trinity. Trinity shareholders will receive 1.5 common shares of Touchstone for each Trinity common share held. This represents an implied value of Trinity of approximately $30.1 million, with a premium of 71.9 percent to Trinity's closing price on April 30, 2024, on AIM, the London Stock Exchange's market...... > read more

Baker Hughes awarded

Baker Hughes, an energy technology company, has secured a significant order to supply gas technology equipment for the third phase of Saudi Arabia's Master Gas System project. The order, placed by Worley on behalf of Aramco, underscores Baker Hughes' continued partnership with Saudi Arabia in advancing its energy transition goals. Under the agreement, Baker Hughes will provide 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines for Aramco's project. This new 4,000-kilometre pipeline is a crucial component of the Kingdom's efforts to enhance domestic gas distribution and reduce carbon... > read more

ILTA promotes Leakhena Swett

The International Liquid Terminals Association (ILTA), a leading industry association representing the liquid terminals sector, is pleased to announce the promotion of Leakhena Swett from executive vice president to president. Ms. Swett has dedicated nearly five years of service to ILTA, consistently showcasing exceptional leadership and a profound understanding of the industry's dynamics. Her elevation to the role of president acknowledges her remarkable contributions and positions her as a pivotal figure in shaping ILTA's strategic direction. As president, Ms. Swett will assume broader responsibilities in shaping ILTA's vision, advocating for the industry, and spearheading initiatives to further propel the liquid terminals sector. Leveraging her extensive knowledge of the organization, industry stakeholders, and member requirements, she will play a key role in advancing ILTA's mission of promoting safe and efficient operations, fostering innovation, and addressing industry challenges..... > read more

Mountain V Oil & Gas completes acquisition

Mountain V Oil and Gas, a leading player in the energy sector, has announced the acquisition of AXP Energy, an Australian oil and gas company with significant assets in Tennessee, Kentucky, and Virginia. This strategic move, valued at $4 million, consolidates Mountain V's standing as a dependable and sustainable producer of oil and gas, further enhancing its diversified commodity mix. Building on a legacy of three decades of growth in the gas and well-drilling industry, Mountain V embarked on drilling unconventional horizontal wells in 2022, aligning with its commitment to discovering new reserves and optimizing resource extraction operations. The company's integrated approach to operations management ensures a reliable and sustainable supply chain across all its activities..... > read more

Natural gas is powering AI

Energy demand driven by large data centers, artificial intelligence, and electric vehicles is reaching unprecedented levels, accelerating the need for natural gas. Williams president and CEO Alan Armstrong recently addressed industry analysts, highlighting the critical role of natural gas in meeting the escalating baseload capacity and supporting renewable energy sources. According to Armstrong, electricity demand is experiencing three times faster growth per year this decade compared to previous decades, propelled by the rise of electric vehicles and the emergence of new, large-load data centers. He projected that data center loads could reach up to 30 gigawatts by 2030, marking a significant shift in the energy landscape... > read more

Prev Next

Sunoco completes acquisition of NuStar Energy

Sunoco LP has recently finalized the acquisition of NuStar Energy L.P. and simultaneously announced a 4 percent boost in...
> read more

MFE celebrates 30-year anniversary

Houston, Texas – Marking three decades of innovation and excellence, this month MFE celebrates its 30th anniversary as...
> read more

U.S. Gulf Coast refiners face challenges

The potential decrease in crude oil supplies from Mexico, the primary international supplier to the U.S. Gulf Coast, has...
> read more

Downstream

U.S. Gulf Coast refiners face challenges

The potential decrease in crude oil supplies from Mexico, the primary international supplier to the U.S. Gulf Coast, has ... > read more

Glenfarne’s Texas LNG sells

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, LLC, has announced a significant milestone in its ... > read more

Neste and NJNG target reducing greenhouse gas

Neste, the world's leading producer of renewable diesel and sustainable aviation fuel, has partnered with New Jersey Natural ... > read more

Roanoke Gas breaks ground

The Western Virginia Water Authority and Roanoke Gas Company, a subsidiary of RGC Resources, Inc., have forged a cooperative ... > read more

Vitol acquires

VBM, a Texas-based landfill-gas-to-energy company, boasts a leadership team with over 100 years of collective experience ... > read more

Baker Hughes to supply

Baker Hughes, an energy technology company, announced that it had been awarded an order from Black & Veatch, a global engineering, ... > read more

Fracking

Fervo Energy doubling down on geothermal

Fervo Energy, a Houston-based startup, is on a mission to significantly increase the share of geothermal energy in the United ... > read more

ExxonMobil leads

Recent consolidation activity in the energy sector has led to the emergence of larger companies with increased ownership ... > read more

Weyerhaeuser and Lapis Energy announce

Weyerhaeuser Company and Lapis Energy LP have recently announced the signing of an exclusive exploration agreement for subsurface ... > read more

Fervo Energy drilling results show

Exciting advancements in the geothermal industry have been unveiled at the Stanford Geothermal Workshop, where Fervo Energy ... > read more

Diamondback Energy and Endeavor Energy merge

In a major development, Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. have announced their merger in a definitive ... > read more

Archer awarded contracts worth USD 125 million

Archer, a global provider of drilling services, is pleased to announce that its subsidiary in Argentina has been awarded ... > read more

Pipelines

Baker Hughes awarded

Baker Hughes, an energy technology company, has secured a significant order to supply gas technology equipment for the third ... > read more

Momentick Raises $6.5M

Momentick, an emissions intelligence company, announces that it has raised $6.5M in seed funding. The round was led by Chartered ... > read more

Discovering geothermal ground truths

Innovative Test Well and Technology Consortium Pioneering Baseload Geothermal Energy Transition The Wells2Watts geothermal ... > read more

AMPP unveils new guide

The Association for Materials Protection and Performance, the global authority in materials protection and performance, recently ... > read more

Whistler Pipeline and Enbridge agree

WhiteWater, I Squared, MPLX LP, and Enbridge Inc. have jointly announced their entry into a definitive agreement to strategically ... > read more

Pembina approved for acquisition

Pembina Pipeline Corporation ("Pembina") has reached a significant milestone in its acquisition journey with the reception ... > read more

Tank Storage

Sunoco completes acquisition of NuStar Energy

Sunoco LP has recently finalized the acquisition of NuStar Energy L.P. and simultaneously announced a 4 percent boost in ... > read more

Eavor partners

Eavor, in collaboration with key stakeholders including the Government of Alberta, the Canadian Association of Energy Contractors, ... > read more

Eugene B. Caldona, Ph.D., Wins

The Association for Materials Protection and Performance (AMPP), the global authority in materials protection and performance, ... > read more

Tradebe Environmental partners

In a strategic move to address the burgeoning demand for hazardous waste treatment capacity, Tradebe Environmental Services ... > read more

AMPP reaffirms

On World Corrosion Awareness Day, the Association for Materials Protection and Performance (AMPP) reaffirms its commitment ... > read more

GMA joins Jebsen & Jessen Group

In an exciting development, Jebsen & Jessen Group has announced the acquisition of GMA Garnet Group, marking a significant ... > read more

Upstream

ExxonMobil completes acquisition of Pioneer

Exxon Mobil Corporation has officially concluded its acquisition of Pioneer Natural Resources Company, marking a transformative ... > read more

Touchstone exploration announces acquisition

Touchstone Exploration Inc. has announced an agreement with Trinity Exploration and Production Plc for an all-share acquisition, ... > read more

ExxonMobil Guyana moves forward

ExxonMobil has reached a significant milestone with the final investment decision for the Whiptail development offshore Guyana, ... > read more

Petrobras discovers oil

Petrobras has made a significant oil discovery in the ultra-deep waters of the Potiguar Basin at the Anhangá exploratory ... > read more

Mountain V Oil & Gas completes acquisition

Mountain V Oil and Gas, a leading player in the energy sector, has announced the acquisition of AXP Energy, an Australian ... > read more

APA Corporation completes acquisition

APA Corporation has announced the successful completion of its acquisition of Callon Petroleum Company. The transaction received ... > read more

Midstream

MFE celebrates 30-year anniversary

Houston, Texas – Marking three decades of innovation and excellence, this month MFE celebrates its 30th anniversary as ... > read more

The vital role of scope 3 emissions for ports

The maritime industry is facing increasing pressure to address its environmental impact and reduce carbon emissions. While ... > read more

EnLink Midstream reports

EnLink Midstream, LLC has released its financial results for the first quarter of 2024, showcasing a solid performance across ... > read more

AMPP Advocacy Day 2024

The Association for Materials Protection and Performance (AMPP), the global authority in materials protection and performance, ... > read more

Tivoli Midstream acquires

Tivoli Midstream LLC has announced the completion of its acquisition of strategic terminal and infrastructure assets located ... > read more

RegO introduces

RegO, part of OPW, have announced the launch of its RegO Presto-Link™ device and RegO app integration. The innovative Presto-Link ... > read more

Videos

Kelley Construction

Kelley Construction is a company that specializes in civil construction works. They recently completed the site civil works ... > watch video

Dearman Systems LLC

Dearman Systems launches LYNX, cutting-edge logistics software for the bulk liquids market: Dearman Systems has announced ... > watch video

DISCUS

Trust your inner roof. DISCUS Engineered Products builds the safest, strongest, lowest emissions aluminum internal floating ... > watch video

GTI Statia

GTI Statia (“GTIS”) is one of the largest independent crude and refined product storage terminals serving the US Gulf ... > watch video

Gen III

GEN III is the next evolution level of hydraulic foam proportioners for firefighting, now entering the market. Sturdier, ... > watch video

ERECTASTEP

There are many lists of The wonders of the World. ErectaStep, the world leader in modular stairs, catwalks & handrails, has ... > watch video

Events

New York Energy Capital Assembly

In Partnership with Nasdaq, the Energy Council will be returning to New York in 2024 to bring together 200+ decision makers ... > view event

North America Energy Capital Assembly

As the most senior & influential finance and investment meeting for the North American E&P sector, the North America Energy ... > view event

GPA Midstream Convention

The GPA Midstream Convention is an annual midstream-focused event bringing together more than 1,500 professionals from around ... > view event

Gastech 2024

Gastech 2024 is the largest energy exhibition and conference for natural gas, LNG, hydrogen, climate technologies, energy ... > view event

API Pipeline Conference and Expo

Global leaders continue to evolve in their formulas for a successful and just energy evolution. In doing so, the realization ... > view event

Canada Gas Exhibition & Conference

The Canada Gas Exhibition & Conference, due to take place in Vancouver on May 7-9, 2024, holds the potential to be one of ... > view event

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