Business news

Pigs Unlimited International, LLC, has acquired the assets of the manufacturing division of Pipeline Pigging Products.

Reuters has reported that Italgas will buy rival 2i Rete Gas in a €5.3 billion (US$5.8 billion) deal.

Martin Midstream Partners L.P. has announced a definitive agreement and plan of merger, pursuant to which Martin Resource Management Corporation would acquire all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries.

Latest acquisition enables leading TIC services provider to further expand its capabilities in the fast-growing aerospace, space, defence, and energy industries.

OPITO launches new energy industry council to address skills gap and competence challenges.

Tailwater Capital has announced that it has entered into definitive agreements with Summit Midstream Corporation, whereby Summit will acquire Tall Oak Midstream and its subsidiaries for a total consideration of approximately US$450 million.

Intensifying Middle East crisis pushes prices; high spare capacity keeps them in check for now – Rystad Energy's oil macro market update.

Department of Transportation substantially increases grant funds supporting state pipeline and underground gas storage safety programmes.

GlobalData: Gulf of Mexico's oil and gas operations recover as Hurricane Helene moves north.

South Bow will run TC Energy’s crude oil pipelines business, including the critical Keystone pipeline system.

NDT Global, known for ultrasonic crack inspection and advanced inline diagnostics, has announced a development partnership with Enbridge Inc. focused on crack detection to the natural gas pipeline sector.

ICGB has signed an interconnection agreement with the neighbouring natural gas Transmission System Operator DESFA at the interconnection point (IP) located at Komotini, Greece.

Reuters has reported that oil and gas firms Diamondback Energy and Kinetik Holdings said they acquired a 30% equity interest in the EPIC Crude pipeline system.

Penspen, an international energy consultancy, has announced a strategic collaboration with Senslytics, a venture-backed start-up that develops artificial intelligence (AI) corrosion mitigation technologies.

Andrew Gardner said the North Sea network may shut down in 2030, with Labour’s oil and gas tax policies suffocating the industry.