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Breaking News

Chevron joins

Chevron Corporation’s subsidiary, Chevron Uruguay Exploration Limited, has struck a deal with Challenger Energy's Uruguayan subsidiary, CEG Uruguay SA, to acquire a 60 percent interest in the AREA OFF-1 block offshore Uruguay. This agreement signifies a major milestone for both companies, with Chevron leveraging its expertise and resources to enhance exploration efforts, while Challenger gains a significant partner to accelerate project development. Under the terms, Chevron will secure a substantial 60 percent participating interest in the AREA OFF-1 block and assume operational responsibility. CEG Uruguay will retain a significant 40 percent non-operating interest, ensuring ongoing collaboration. Chevron has committed to pay $12.5 million to CEG Uruguay upon completion of the transaction, earmarked for further business initiatives. Additionally, Chevron will cover 100 percent of CEG Uruguay's share of costs for a 3D seismic campaign on AREA OFF-1, demonstrating a strong financial commitment to exploration.... > read more

Fort McKay First Nation and Suncor partner

Fort McKay First Nation and Suncor have announced the signing of a Memorandum of Understanding to explore a potential oil sands lease development opportunity on Fort McKay reserve lands in the Regional Municipality of Wood Buffalo and Fort McKay First Nation Traditional Territory. This partnership builds on years of collaboration and signifies a significant step forward for FMFN and Suncor in their commitment to reconciliation and responsible resource development. Chief Raymond Powder of Fort McKay First Nation expressed his enthusiasm for the agreement, highlighting the opportunity to create sustainable prosperity and safeguard the environment for future generations. The MOU allows FMFN to govern oil sands activity... > read more

Matrix Service Company receives award

Matrix Service Company has recently announced that its subsidiary, Matrix North American Construction, has been selected to undertake a significant project. This project involves the engineering, procurement, and construction of three 522,000-barrel crude oil storage tanks for a valued client located on the West Coast. Additionally, Matrix Applied Technologies will contribute by providing geodesic domes, which play a crucial role in managing carbon emissions, as part of the project. Matrix Service Company is recognized as a leading expert in the engineering, construction, and maintenance of storage tanks and terminals. This new award adds to their growing portfolio of downstream project opportunities, demonstrating their commitment to supporting their client's efforts to meet... > read more

Odfjell Terminals Houston celebrates

Odfjell Terminals US announces the successful completion of the construction and commissioning of Bay 13 at the Houston Terminal. The expansion project features nine new tanks with a combined capacity of 204,000 barrels. Bay 13 showcases OTH's commitment to offering flexible assets to its customers by building a combination of stainless steel and carbon steel tanks. Each tank has been meticulously engineered with positive pressure systems and full automation, underscoring Odfjell Terminals’ dedication to minimising emissions and environmental impact... > read more

Ondas Holdings establishes

Ondas Holdings Inc., a prominent provider of private industrial wireless networks and commercial drone and automated data solutions, has announced the establishment of a new subsidiary, Ondas Autonomous Holdings Inc. (OAH). This wholly owned subsidiary will serve as an intermediate holding company for Ondas' subsidiaries, American Robotics Inc. (American Robotics) and Airobotics Ltd. (Airobotics), which together operate as the Ondas Autonomous Systems (OAS) business unit. The creation of OAH aims to provide enhanced organizational flexibility to support the management and financing of the OAS business unit and its growth plan. OAS has already demonstrated strong revenue momentum, with a preliminary unaudited figure of $9.0 million generated in revenue for the year ended December 31, 2023. Eric Brock, Chairman and CEO of Ondas Holdings, highlighted the company's leadership in delivering aerial security and data solutions to commercial and government end markets. This leadership is attributed to the exceptional performance and reliability of Ondas'... > read more

Prev Next

EPA honours MPC

Marathon Petroleum Corporation has once again demonstrated its commitment to energy efficiency, with five of its refineries...
> read more

Baker Hughes’ emissions abatement technology

Baker Hughes, an energy technology company, has achieved a breakthrough in flare emissions monitoring through a collaboration...
> read more

Texas LNG advances

Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, and a four million tonnes per annum liquefied natural gas export...
> read more

Downstream

NFE announces

New Fortress Energy Inc. is excited to announce two pivotal transactions that underscore its dedication to providing accessible ... > read more

Talos updates

Talos Energy Inc. has announced updated operational and financial guidance for 2024, reflecting the earlier-than-expected ... > read more

Amplify energy update

Amplify Energy Corp is closely monitoring the status of the oil sheen reported off the coast of Huntington Beach, California, ... > read more

Fort McKay First Nation and Suncor partner

Fort McKay First Nation and Suncor have announced the signing of a Memorandum of Understanding to explore a potential oil ... > read more

New Fortress Energy completes sale

New Fortress Energy Inc. has finalised the sale of its 20 percent equity stake in Energos Infrastructure to funds managed ... > read more

Washington state wins award

The Anacortes refinery, owned by Marathon Petroleum Corporation, has recently applied for a U.S. utility patent for its innovative ... > read more

Fracking

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

Eavor announces

Eavor Technologies Inc.,a pioneer in the field of advanced geothermal energy solutions have announced the successful completion ... > read more

ExxonMobil announces merger

Exxon Mobil Corporation and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire ... > read more

Pipelines

Kinder Morgan Darkside Project

For over 14 years, Kinder Morgan has been a vital participant in the global effort to unravel the mysteries of the universe ... > read more

Trans Mountain provides update

Trans Mountain has achieved a significant milestone in their pipeline project by successfully removing the pipe from the ... > read more

CRC Evans leads in hydrogen pipeline delivery

CRC Evans has successfully completed work on a hydrogen pipeline in Europe, further enhancing the Group’s expertise in ... > read more

Trans Mountain receives decision

In a recent development, Trans Mountain has received a favorable ruling from the Canada Energy Regulator regarding their ... > read more

CMS begins 2024 with awards

CMS Corporation, a renowned global construction contractor specializing in projects for the Department of Defense (DoD), ... > read more

CRC Evans appoints

CRC Evans is pleased to announce the appointment of Leon Dashwood as Strategic Growth Director, further strengthening the ... > read more

Tank Storage

EPA honours MPC

Marathon Petroleum Corporation has once again demonstrated its commitment to energy efficiency, with five of its refineries ... > read more

Chevron joins

Chevron Corporation’s subsidiary, Chevron Uruguay Exploration Limited, has struck a deal with Challenger Energy's Uruguayan ... > read more

Englobe's partners

Englobe is thrilled to announce its partnership with Tanknology and Austin Gilchrist, ushering in a revolutionary service ... > read more

Enservco announces

Enservco Corporation, a leading provider of specialized well-site services to the domestic onshore oil and gas industries, ... > read more

BWC Terminals announces

BWC Terminals, a provider of bulk liquid storage and logistics services in North America, announced that Mike Suder, CEO ... > read more

CITGO reports

CITGO Petroleum Corporation, a leading petroleum company, has announced its financial and operational results for the fourth ... > read more

Upstream

Baker Hughes’ emissions abatement technology

Baker Hughes, an energy technology company, has achieved a breakthrough in flare emissions monitoring through a collaboration ... > read more

Texas LNG advances

Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, and a four million tonnes per annum liquefied natural gas export ... > read more

ABL to support

Energy and marine consultancy ABL has secured a contract from LLOG Exploration to deliver marine warranty survey services ... > read more

Baker Hughes secures

Baker Hughes an energy technology company, announced a significant contract award from Petrobras for integrated well construction ... > read more

McDermott and Baker Hughes safely complete

McDermott, a leading engineering and construction company, and Baker Hughes, an energy technology company, have announced ... > read more

Halliburton and Oil States Industries partner

Halliburton Company and Oil States Industries, Inc. have announced a strategic collaboration that combines two award-winning ... > read more

Midstream

EQT acquires

EQT Corporation and Equitrans Midstream Corporation announced their definitive merger agreement, marking a significant step ... > read more

Georgia allots $6M to Brunswick harbor

The Georgia General Assembly has allocated just over $6 million for special harbor improvements at the Port of Brunswick ... > read more

S&B appoints Jeff Sipes as CEO

S&B, a prominent engineering and construction firm specializing in the oil & gas and chemicals industries, has named Jeffrey ... > read more

EnLink receives positive news

EnLink, a leading midstream energy company, has received positive news regarding its credit rating. S&P Global Ratings recently ... > read more

Navigating the EPA's new methane rule

With the US Environmental Protection Agency (EPA)'s new regulations on greenhouse gas emissions, the landscape for the oil ... > read more

API statement

The American Petroleum Institute (API) issued a statement from president and CEO Mike Sommers criticizing the Biden administration's ... > 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

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

SUPER DUG Conference & Expo

SUPER DUG’s focus is energy production in the shale plays of the U.S. including the Permian, Eagle Ford, Midcontinent, ... > view event

NISTM Orlando

Join AST professionals at NISTM's 26th Annual International Aboveground Storage Tank Conference & Trade Show – the premier ... > view event

Hydrogen Americas 2024

Having established itself as the premier gathering for the global hydrogen community in the Americas region, the Hydrogen ... > view event

ILTA 2024

ILTA 2024 is strategically located in Houston, Texas — the energy capital of the world.More than 3,500 terminal industry ... > view event

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