Downstream

Coastal Bend LNG Selects KBR

Shell plc has signed a $22-billion deal to acquire ARC Resources Ltd., bringing together the lead partner in Canada’s first operating liquefied natural gas project with a major producer in one of the continent’s most profitable shale regions. The purchase price of $32.80 per share, payable 75 per cent in ordinary Shell shares and 25 per cent in cash, represents a 27 per cent premium to ARC’s closing price on the Toronto Stock Exchange on April 24, 2026. Under the terms of the deal, ARC shareholders will receive 0.40247 of a Shell share and CAD $8.20 in cash for each ARC share held... > read more

Buffalo Services and Gaubert Oil Sign

Gaubert Oil Company LLC has entered into a Letter of Intent to acquire the Wholesale and Transportation division of Buffalo Services, Inc., in a move that brings together two organisations with a shared focus on product quality, dependable service, and long-standing customer relationships. The proposed transaction encompasses Buffalo Services’ unbranded commercial fuels distribution business along with associated operations. Once completed, it is expected to significantly enhance Gaubert Oil’s footprint across the Gulf South, while broadening its capabilities in fuels, diesel exhaust fluid (DEF), lubricants, chemicals, and technical services... > read more

Glenfarne expands global commodities

Glenfarne Group, LLC announced the further expansion of its global LNG commodities platform, Glenfarne Global Commodities, LLC ("GGC"), to include 1.5 MTPA of LNG from Texas LNG, as well as Alaska LNG offtake volumes to be determined when customer allocations are finalized in the coming weeks. The expansion provides GGC and Glenfarne's LNG projects with commercial flexibility and optionality that benefit from an LNG portfolio serving both the Atlantic and Pacific basins. The addition of these volumes to GGC's marketing portfolio reflects Glenfarne's conviction that the global LNG market will continue to be supported by compelling long-term fundamentals, driven by the growth of LNG as a vital fuel for power generation, industries, and data centers, as well as ongoing geopolitical tensions... > read more

Glenfarne’s Texas LNG executes

Texas LNG Brownsville LLC, the liquefied natural gas export terminal being developed in the Port of Brownsville, Texas, by an affiliate of Glenfarne Group, LLC, and Kiewit, through its subsidiary Kiewit Energy Group Inc., have announced the execution of Texas LNG's engineering, procurement, and construction agreement under a lump-sum turnkey contract structure. The announcement represents one of the final steps required for Texas LNG before making a final investment decision. Under the terms of the agreement, Kiewit will perform the engineering, procurement of equipment, module fabrication, construction, and commissioning for the full Texas LNG facility, delivering a fully completed and operational facility to Glenfarne.... > read more

MET Group and Shell sign MOU

MET International AG, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and Shell Global LNG Limited have signed a non-binding Memorandum of Understanding (MOU) to expand their existing long-term cooperation in LNG and gas trading. The MOU provides a framework to explore the potential sale by Shell and purchase by MET of approximately 0.5 million tons per annum of LNG between 2027 and 2033, sourced primarily from Shell’s U.S. LNG portfolio, for delivery to various European regasification facilities. The companies also intend to explore cooperation in LNG and gas trading to facilitate access to European markets through the Vertical Gas Corridor, including sales into various European regasification facilities. The cooperation with Shell aims to enhance the security of gas supply in Europe... > read more

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Commonwealth LNG announces

Commonwealth LNG has announced the signing of a significant Sale and Purchase Agreement with EQT Corporation, one of the...
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Aptamus Picks Aker Solutions

Aptamus Carbon Solutions, a subsidiary of Overseas Shipholding Group, and Entr, the consultancy arm of Aker Solutions, have...
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Venture global statement

The U.S. Department of Energy has issued the final non-Free Trade Agreement export authorization for Venture Global's CP2...
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Commonwealth LNG signs

Commonwealth LNG has announced the signing of a long-term Sale and Purchase Agreement with a major Asian energy company. ... > read more

Hawk Measurement Systems launches Senator S60W

Hawk Measurement Systems, a global leader in industrial measurement solutions, is proud to announce the launch of the Senator ... > read more

Woodside approves Louisiana LNG development

Woodside has taken a final investment decision to proceed with the development of the Louisiana LNG project — a landmark ... > read more

Honeywell and Argent LNG collaborate

Honeywell and Argent LNG have entered into an agreement to evaluate the application of Honeywell’s advanced pretreatment ... > read more

Venture Global announces

Venture Global announced the commencement of commercial operations at its inaugural LNG export facility, Calcasieu Pass, ... > read more

JERA makes final investment decision

JERA Co., Inc. has announced its final investment decision for the Blue Point low-carbon ammonia production project in ... > read more

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Woodside announces Louisiana LNG partnership

Woodside has entered into a binding agreement with Stonepeak, a global investment firm specialising in infrastructure and ... > read more

Calumet announces closing of sale of assets

Calumet, Inc. has successfully completed the previously announced sale of assets related to the industrial segment of its ... > read more

Government of Canada announces

The Honourable Jonathan Wilkinson, minister of Energy and Natural Resources, on behalf of the Honourable Anita Anand, Minister ... > read more

Shell accelerates strategy

Shell has presented its next strategic steps at Capital Markets Day 2025, reinforcing its commitment to value creation while ... > read more

OCI global reports H2 2024 results

OCI Global reported a transformative 2024, highlighted by strategic divestments totaling over $11.6 billion in gross proceeds. ... > read more

Baker Hughes chosen

Baker Hughes, an energy technology company, and Woodside Energy, a prominent Australian energy firm, announced a joint initiative ... > read more

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Baker Hughes & Frontier partner

Baker Hughes and Frontier Infrastructure have announced a strategic partnership to advance carbon capture and storage (CCS) ... > read more

Cheniere reports 2024 results

Cheniere Energy, Inc. has announced its financial results for the fourth quarter and full year of 2024, reporting revenues ... > read more

Centrica signs Brazilian LNG supply

Centrica has announced a major sale and purchase agreement with Petrobras, Brazil’s leading integrated oil and gas company, ... > read more

Crystal Clean acquires

Crystal Clean, Inc., a leading provider of environmental and industrial services, has acquired the combined operations of ... > read more

Baker Hughes hosted

Earlier this month, Baker Hughes hosted its 25th Annual Meeting in Florence, Italy, welcoming a record 2,300 customers and ... > read more

Wood discusses the Impact of Trump's tariffs

Wood Mackenzie analysts and consultants have been fielding a surge of client inquiries regarding the impact of tariffs on ... > read more

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Bloom Energy and Chart Industries announce

Bloom Energy, a global leader in fuel cell electricity generation, and Chart Industries, Inc., a leading provider of energy ... > read more

AltaGas strengthens long-term growth

AltaGas Ltd. and Keyera Corp. have announced long-term commercial agreements aimed at leveraging each company's infrastructure ... > read more

Atlas Energy Solutions Inc. announces

Atlas Energy Solutions Inc. has announced a definitive agreement to acquire Moser Energy Systems, a leading provider of ... > read more

PSG acquires Cryogenic Machinery Corp

PSG®, a leading operating company of Dover Corporation, has announced the acquisition of Cryogenic Machinery Corp., a specialised ... > read more

Energy Transfer poised for growth

The rapid expansion of artificial intelligence and data centres is driving a surge in natural gas demand, creating significant ... > read more

CB&I awarded

CB&I has announced the award of a substantial lump-sum contract by TJN Ruwais JV for the engineering, procurement, and construction ... > read more