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

Cormetech Appoints Patricia Martinez as President and CEO; Mike Mattes Promoted to Chairman

September 6, 2024

Cormetech has appointed Patricia Martinez as the new president and CEO. This strategic leadership transition comes as Mike Mattes is promoted to chairman of the Cormetech board of directors. Cormetech is a leading manufacturer of SCR catalyst and carbon capture

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Crescent Energy to Acquire Eagle Ford Assets for $168 Million

September 5, 2024

Crescent Energy Company has signed a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of $168 million, subject to customary purchase price adjustments. The acquisition is directly offset Crescent’s existing Central Eagle Ford

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Voyager Midstream Acquires East Texas Natural Gas Gathering and Processing Assets from Phillips 66

September 5, 2024

Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66. Located in Panola, Rusk, and Harrison counties in Texas and Caddo parish in Louisiana, this acquisition positions Voyager in

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Weatherford Acquires Technology Company Datagration Solutions

September 5, 2024

Weatherford International has acquired Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having one of the industry’s most capable and contemporary digital offerings for production and asset optimization and demonstrates

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Stanmore Resources to Build Gas to Electricity Power Station Its South Walker Creek Coal Mine

September 5, 2024

Stanmore Resources Limited has entered into an agreement with the Queensland Government for funding under the LEIP program toward a new 20MW gas to electricity power station at the South Walker Creek open cut coal mine. Supported by the Queensland

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Petronas and Carbon Clean to Collaborate to Explore Carbon Capture Technology

September 5, 2024

Carbon Clean has entered into a memorandum of understanding (MOU) with PETRONAS CCS Solutions, a subsidiary of Petroliam Nasional Berhad (PETRONAS) to jointly collaborate and evaluate Carbon Clean’s carbon capture and storage (CCS) technology. Under the MOU, Carbon Clean and

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XGS Energy Promotes Dr. Axel-Pierre Bois to CTO; Dr. Lucy Darago to CCO, Establishes Houston Office

September 5, 2024

XGS Energy has promoted Axel-Pierre Bois, Ph.D. to chief technology officer (CTO) and Lucy Darago, Ph.D. to chief commercial officer (CCO). The move comes as XGS continues to build its project pipeline and significantly expands its operational footprint in Houston,

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DNO Bulks Up in Norway with Acquisitions, Exploration Success

September 5, 2024

DNO has completed the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi. Following closing, DNO’s wholly-owned subsidiary DNO Norge holds interests in all producing and

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Rising Phoenix Expands Permian Basin Presence with Strategic Mineral Interest Purchase

September 4, 2024

Rising Phoenix Royalties (RPR) has closed on a notable deal for a mineral interest property in Dawson, Texas. The deal encompasses 230 net royalty acres (NRA) under acreage operated by SM Energy Company. This transaction builds on the momentum from

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DC Appeals Court Tosses Biden Administration Pipeline Safety Rules

September 4, 2024

A Washington appeals court recently ordered the Biden administration to rewrite sweeping new pipeline safety rules issued in 2022. In a unanimous decision, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled against

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