Business news

President Trump has resumed LNG export approvals, which had been paused under former president Biden.

Beginning in Kingfisher County, Oklahoma and terminating near Bennington, Oklahoma, the 36 in. Midship Pipeline connects natural gas production from the SCOOP/STACK to growing Gulf Coast and Southeast demand markets via several strategic interconnects.

In a milestone for information security and operational excellence, for the company.

UK-based manufacturer secures second national accolade for groundbreaking hydrogen technology.

An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.

The agreement calls for Energy Transfer’s Oasis Pipeline, LP to provide up to 450 000 million Btu/d of firm natural gas supply to CloudBurst’s Next-Gen Data Center campus outside of San Marcos, Texas, subject to CloudBurst reaching a final investment decision (FID) with its customer.

Altrad has confirmed it has completed the purchase of Stork TS Holdings Limited which holds the Stork UK group of companies.

UK independent midstream operator, North Sea Midstream Partners has appointed Angela Fletcher as CEO.

Forecasted progress of the UK’s decarbonisation is impressive, with predicted reductions in greenhouse gas emissions by 58% by 2030, 68% by 2035 and 82% by 2050, against 1990 levels, but not reaching net zero.

The Open Season began at 5:00 p.m. CT on 3 February 2025 and is scheduled to end at 1:00 p.m. CT on 7 March 2025.

ArcLight Capital Partners, LLC and affiliates has announced that it has completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline LLC (GCX) for US$865 million from an affiliate of Phillips 66.

ONEOK, Inc. has announced that it has completed its acquisition of EnLink Midstream, LLC.

The Association for Materials Protection and Performance has announced its creation of a non-profit philanthropic organisation focused solely on workforce development and changes to AMPP’s governance system that allow greater focus on emerging and global opportunities.

Lunate, an Abu Dhabi based global alternative investment manager with US$105 billion in assets under management, announced it is to acquire a minority stake in ADNOC Gas Pipelines that is indirectly held by Snam, Europe’s leading gas infrastructure operator.

Penspen, an international energy consultancy, has announced a positive finish to the fiscal year with US$120 million awarded in new contracts during 2H24, a 14% increase on the same period in 2023, taking total 2024 sales to over US$225 million.