Business news

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.

DNV reveals that better collaboration and confidence in the energy sector is essential for digital twins to deliver significant benefits in the energy transition.

Express Engineering sees strong upturn in sales.

WINGAS GmbH has officially renamed to become SEFE Energy GmbH.

The Zero emission valve is suitable for natural gas, hydrogen, carbon dioxide and other future fluids.

Kazakhstan is actively seeking to diversify its energy export routes to lessen its dependence on Russian pipelines says GlobalData.

A Sinopec service unit has signed a US$1.10 billion deal to build natural gas pipelines for Saudi state oil company, Aramco, says Reuters.