Business news

The investment is aimed at boosting Strohm's growth trajectory, which is focused on hydrogen and CCUS applications.

This latest acquisition accelerates commercial synergies for ONEOK.

Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation system in excess of US$10 billion, says Reuters.

Penspen and pipelinelogic partnership aims to enhance asset integrity to meet Mega Rule compliance.

Phillips 66 said it would sell its 25% stake in the Rockies Express Pipeline for about US$1.28 billion, including debt, to a subsidiary of Tallgrass Energy, according to Reuters.

Stephanie Calder has been appointed as the new CEO of Asset Guardian Solutions Limited.

The FERC has authorised the 303 mile long Mountain Valley Pipeline to begin operations, moving up to 2 billion cubic feet per day of natural gas.

The LNG plant is set to be one of the lowest-carbon-intensity LNG facilities in the world.

Rayong Service Center will increase Sulzer’s repair capacity in the area by 80%.

The report highlights company’s progress toward net-zero operations, continued investment in employees and communities.

Bloomberg reports on discussions to ensure the continuity of gas supply through a crucial Russia-Ukraine pipeline.

Following the transaction, Eni's holding in Saipem has been reduced to approximately 21.19%.

Increase in orders received, profitability and cash flow – Voith Group gets off to a good start in fiscal year 2023/24.

Gas storage could hit 100% by end of September according to Wood Mackenzie report.

High impact exploration has seen average discovery sizes decline year on year from nearly 500 million boe in 2019 to 220 million boe in 2023 whilst overall finding costs have gone up by a factor of six in the same period.