NEWS— Click on text to read news by category: General | Product | People | Worldwide
Heidelberg Materials Acquires Stake in AmeriTex Pipe & Products
June 3, 2026
Heidelberg Materials North America has agreed to acquire a minority stake in AmeriTex Pipe & Products, a leading provider of reinforced concrete pipe, box culverts and precast concrete products in Texas. The company operates one of the largest reinforced concrete
Sentinel Midstream Begins Construction on Texas GulfLink Deepwater Port
June 2, 2026
Sentinel Midstream LLC (Sentinel) commences construction on its Texas GulfLink deepwater port, marking a significant milestone enabled by funding received pursuant to the U.S. - Japan Trade Agreement. “Texas GulfLink is about more than infrastructure, it is about unlocking the
Caturus Makes FID for Its Commonwealth LNG Project, Louisiana
June 2, 2026
Caturus has made a positive final investment decision (FID) for its Commonwealth LNG project that includes successful closing of $9.75 billion in project financing for construction of the 9.5 million tonnes per annum (Mtpa) liquefied natural gas (LNG) export facility
Halliburton Acquires Sekal from Sumitomo to Accelerate Drilling Automation Services
June 2, 2026
Halliburton and Sumitomo Corporation said Halliburton has acquired Sekal. Sekal is a global leader in digital drilling autonomy and, prior to Halliburton’s acquisition, was a fully owned subsidiary of Sumitomo Corporation. The successful conclusion of the transaction marks a significant milestone for
Keyera, AltaGas, and CN Partner to Build Alberta Corridor Export Rail Terminal Project
June 2, 2026
Keyera, AltaGas, and CN plan to advance the Alberta Corridor Export (ACE) Rail Terminal Project, a strategic Canadian energy infrastructure investment designed to strengthen Canada’s energy supply chain, further increasing Canadian competitiveness on the global markets. The partnership combines Keyera’s
Flowserve to Aquire Trillium Flow Technologies’ Valves Division for $490 Million
June 2, 2026
Flowserve has signed a definitive agreement to acquire Trillium Flow Technologies’ Valves Division (TVD) for $490 million in cash. Trillium Flow Technologies is a market leading provider of highly engineered mission-critical valves used in nuclear and traditional power generation, industrial,
Siemens’ Gridscale X Redefines System Operations and Agentic Transmission Planning
June 2, 2026
Siemens continues to be at the forefront of technological innovation, today announcing the next evolution of its Gridscale X platform. Gridscale X provides the digital foundation for utilities to manage their grids at greater speed, and complexity at scale. Siemens also unveiled
Gunvor Group Appoints Gary Pedersen as CEO
June 2, 2026
Members of the management of Gunvor Group have successfully accepted a management-led buy-out offer of the company from existing ownership. Under the agreement, majority owner Torbjörn Törnqvist will sell the entirety of his holdings in favor of a group of
Diversified to Acquire Sheridan’s East Texas Gas Assets for $245 Million
June 1, 2026
Diversified Energy has executed a purchase and sale agreement for the acquisition of high-working interest, natural gas properties and related facilities located in east Texas from Sheridan Production for $245 million. “The target assets are a perfect fit with our
Post Oak Energy Capital Sells Southern Delaware Basin Assets, Texas
June 1, 2026
Post Oak Energy Capital has sold the assets of UpCurve Energy Partners. The transaction includes substantially developed oil and gas assets located in the Southern Delaware Basin in West Texas, consisting of mature oil-weighted production and associated leasehold acreage. The
