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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

NuStar Energy L.P. announces

NuStar Energy L.P. has announced robust results for the fourth quarter and full-year 2023, driven by strong revenues and volumes in its refined products pipelines and impressive performance in its Fuels Marketing Segment. In the fourth quarter of 2023, NuStar reported a net income of $70 million, or $0.37 per unit, compared to $92 million, or $0.18 per unit, in the fourth quarter of 2022. The results for the fourth quarter of 2022 included a gain from insurance proceeds for tank reconstruction at its Selby terminal. Adjusted net income for the fourth quarter of 2022, excluding these items, stood at $75 million, or $0.34 per unit. For the full year 2023, NuStar reported a net income of $274 million, or $0.72 per unit, compared to $223 million, or $0.36 per unit, in 2022... > 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 agreement valued at approximately $26 billion, including Endeavor's net debt. This merger will create a leading independent operator in the Permian region. Under the terms of the agreement, the transaction consideration will comprise approximately 117.3 million shares of Diamondback common stock and $8 billion in cash, subject to customary adjustments. The cash portion of the consideration is expected to be funded through a combination of cash on hand, borrowings, and proceeds from term loans and senior notes offerings. After the merger, Diamondback's existing stockholders are anticipated... > read more

AMPP welcomes new Board Member

The Association for Materials Protection and Performance (AMPP), the global authority in materials protection and performance, announces the addition of Todd Bennett to its Board of Directors. His appointment, effective immediately, marks a significant milestone in AMPP’s efforts to enhance its engagement with the transportation sector. The Association for Materials Protection and Performance (AMPP), the global authority in materials protection and performance, welcomes Todd Bennett to its Board of Directors. Effective immediately, this non-voting position runs through December 2024. Bennett's addition signifies a pivotal step in AMPP's strategy to deepen its engagement with the transportation sector... > read more

Colonial Oil Industries and TICO lead

Colonial Oil Industries, Inc. one of the largest independent oil and gas companies in the United States, is proud to announce a partnership with Neste, TICO, and Gateway Terminals in the offering of renewable diesel to customers and businesses in the region, marking a significant stride towards a more sustainable future in the Southeast. “As a trusted supplier of quality fuels and logistics solutions for more than 100 years, Colonial Oil is proud to expand our offering to meet the sustainable energy needs of our land and marine customers. We endeavor to be the energy partner of choice in the markets we serve and our strategic relationship with Neste accelerates this ambition,” says Bob Kenyon, President ofColonial Oil Industries, Inc... > read more
Top three featured articles of the week
New Fortress Energy completes sale

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
Baker Hughes secures

Baker Hughes secures

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

API statement

The American Petroleum Institute (API) issued a statement from president and CEO Mike Sommers criticizing the Biden administration's...
> read more
Downstream
New Fortress Energy completes sale

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

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
dmg events calls for award nominees

dmg events calls for award nominees

dmg events is accepting nominations for the 2024 Canadian Hydrogen Convention Awards. Sponsored by Air Products, the awards ... > read more
EPA honors five Marathon Petroleum refineries

EPA honors five Marathon Petroleum refineries

The U.S. Environmental Protection Agency has recognised five Marathon Petroleum Corporation refineries as some of the most ... > read more
Deer Creek Station maintains

Deer Creek Station maintains

The team at Deer Creek Station in Brookings, South Dakota recently reached a milestone when they went 4,000 days without ... > read more
Form Energy awarded $30M grant

Form Energy awarded $30M grant

The California Energy Commission voted to award Form Energy a $30 million grant to support the deployment of a 5 megawatt ... > read more
Fracking
Weyerhaeuser and Lapis Energy announce

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

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

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 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 announces

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

ExxonMobil announces merger

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

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 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

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 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 appoints

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

Enterprise Products Partners L.P. announce

Enterprise Products Partners L.P. has recently announced four new capital projects to support the increasing production growth ... > read more
Tank Storage
Ondas Holdings establishes

Ondas Holdings establishes

Ondas Holdings Inc., a prominent provider of private industrial wireless networks and commercial drone and automated data ... > read more
NuStar Energy L.P. announces

NuStar Energy L.P. announces

NuStar Energy L.P. has announced robust results for the fourth quarter and full-year 2023, driven by strong revenues and ... > read more
Corrosion and Coatings PAC hosts

Corrosion and Coatings PAC hosts

The Corrosion and Coatings Political Action Committee announced its upcoming breakfast event featuring esteemed guest speaker ... > read more
AMPP announces winners

AMPP announces winners

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

Vopak takes ownership

In a remarkable development from the US team, Vopak are thrilled to share the exciting news that Vopak is set to take ownership ... > read more
Excelerate Energy signs LNG purchase deal

Excelerate Energy signs LNG purchase deal

Excelerate Energy, Inc. and QatarEnergy have announced the signing of a 15-year liquefied natural gas Sale and Purchase agreement. ... > read more
Upstream
Baker Hughes secures

Baker Hughes secures

Baker Hughes, an energy technology company, has secured a significant contract award from Petrobras for integrated well construction ... > read more
McDermott and Baker Hughes safely complete

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 and Oil States Industries partner

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

OCI Global double capacity

OCI Global, the world’s largest producer of green methanol, has today announced plans to double its green methanol production ... > read more
Expro acquisition

Expro acquisition

Expro, a leading provider of energy services, have announced it had entered into a definitive agreement (subject to customary ... > read more
Fully automated upstream operations

Fully automated upstream operations

As leading upstream operators integrate automation, IIoT, data science, AI, ML, digital twins and more, many are questioning ... > read more
Midstream
API statement

API statement

The American Petroleum Institute (API) issued a statement from president and CEO Mike Sommers criticizing the Biden administration's ... > read more
U.S. Gain builds new RNG fueling station

U.S. Gain builds new RNG fueling station

U.S. Gain, a prominent player in the renewable natural gas industry, proudly announces the successful completion of a state-of-the-art ... > read more
Blue Water Industries to sell

Blue Water Industries to sell

Blue Water Industries LLC, a leading provider of aggregates and construction materials, has announced a definitive agreement ... > read more
GMA Garnet introduces GMA ToughBlast™️

GMA Garnet introduces GMA ToughBlast™️

The recent event focusing on 'Sustainable Practices for Surface Preparation in the Maritime, Shipbuilding, and Oil & Gas ... > read more
AMPP welcomes new Board Member

AMPP welcomes new Board Member

The Association for Materials Protection and Performance (AMPP), the global authority in materials protection and performance, ... > read more
UAB-Online welcomes Covestro Dormagen

UAB-Online welcomes Covestro Dormagen

Covestro Dormagen, a leading global supplier of high-performance polymers, has recently announced the successful integration ... > read more
Videos
Kelley Construction

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 LLC

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

DISCUS

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

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

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

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

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 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

NISTM Orlando

Join AST professionals at NISTM's 26th Annual International Aboveground Storage Tank Conference & Trade Show – the premier ... > view event
Hydrogen Americas 2024

Hydrogen Americas 2024

Having established itself as the premier gathering for the global hydrogen community in the Americas region, the Hydrogen ... > view event
4th AMERICAN HYDROGEN FORUM

4th AMERICAN HYDROGEN FORUM

ALJ Group is thrilled to extend a special invitation to all forward-thinkers, industry leaders, and innovators to mark your ... > view event
ILTA 2024

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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