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NEWS Click on text to read news by category: General | Product | People | Worldwide

ExxonMobil Evaluates Lithium Extracted from Fracking Wastewater

September 25, 2023

ExxonMobil Corp. is experimenting with the extraction of lithium from wastewater produced in the fracking process as the largest U.S. oil company explores ways it can enter the market for the battery metal. While its lithium activities are at an

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DeSantis Proposes Plan He Says Will Achieve $2 Gas, Turn U.S. Into World’s Top Energy Producer

September 25, 2023

Republican presidential candidate Ron DeSantis unveiled his energy agenda during an event in Midland, Texas, on Wednesday, promising that his policies will bring back $2 gas and turn the United States into the world’s leading energy producer. DeSantis made the

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ONEOK and Magellan Midstream Stakeholders Approve $18.8 Billion Merger

September 22, 2023

ONEOK and Magellan Midstream Partners said that, at their respective special meetings, ONEOK shareholders and Magellan unitholders approved the merger which was announced in May 2023. “We are very pleased with the strong support from ONEOK shareholders and Magellan unitholders,

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Biden Slammed for Radical Plan to Ban Mining and Oil & Gas Drilling in New Mexico

September 22, 2023

President Joe Biden’s crusade against American energy earlier this week now includes plans to further restrict access to the rich natural resources that lie beneath the ground. His latest efforts to ban mining and oil drilling across a vast swath

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Shell to Keep Gulf of Mexico Operations in New Orleans, Move to New Building

September 22, 2023

Shell will move its New Orleans-based Gulf of Mexico operations headquarters from Poydras Street to a location in a planned development near the Mississippi River in late 2024 or early 2025 it was announced to the public Thursday. The move

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Crowley and Seacor to Form JV Fairwater Holdings for U.S. Jones Act Service Provider

September 22, 2023

Global maritime and logistics leaders Crowley and SEACOR Holdings, through SEACOR’s subsidiary Seabulk Tankers, have entered into an agreement to form a joint venture that will integrate their liquid energy and chemical transportation vessels, operations, and related services into a

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ExxonMobil Completes $2 Billion Expansion of Baytown Petrochemical Complex, Texas

September 22, 2023

ExxonMobil has commenced operations of two new chemical production units at its Baytown petrochemical complex in Texas to mark the completion of a $2 billion expansion project. The two new additions to the Baytown refinery are a performance polymers line

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NERC Assessment Identifies New Risk to Grid Reliability: Energy Policy

September 22, 2023

There are five “significant evolving and interdependent risks” to grid reliability, and energy policy tops the list, the North American Electric Reliability Corp. said in a report published Monday. Rounding out the five risks are grid transformation, extreme events, security,

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Norwegian Seismic Data Companies TGS and PGS to Merge in $864 Million Deal

September 22, 2023

Norway-based energy data and analytics company TGS has agreed to acquire the oilfield service company PGS in an all-share transaction valued at US$864 million (NOK$9.3 billion). Under the terms of the acquisition, PGS shareholders will receive 0.06829 ordinary shares of

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Global Maritime Appoints James Vavasour as Business Stream Director for Warranty Survey Services

September 22, 2023

Global Maritime has appointed James Vavasour as the global business stream director for Marine Warranty Survey (MWS) services. In this key role, James will lead and direct its marine warranty survey services on a global scale. “We are thrilled to

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