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Hexagon to Acquire Baker Hughes’ Waygate Technologies Business for $1.45 Billion
May 12, 2026
Hexagon has signed a definitive agreement to acquire Waygate Technologies, a leading provider of non-destructive testing solutions, from Baker Hughes for $1.45 billion. Waygate Technologies serves customers across aerospace, automotive, energy, and industrial manufacturing sectors globally, and brings with it
NextEra Energy Receives Approval to Develop Natural Gas‑powered Generation in Texas and Pennsylvania
May 12, 2026
NextEra Energy confirmed that President Donald J. Trump has approved the development of up to 10 gigawatts of natural gas‑powered generation in Texas and Pennsylvania. The approval, made in connection with Japan’s $550 billion investment commitment to the United States
U.S. Exempts Gulf of Mexico Drillers from Endangered Species Rules
May 12, 2026
The Endangered Species Committee in U.S. President Donald Trump’s administration has granted an exemption for oil and gas activities in the Gulf of America, following a determination by the Secretary of War that such an exemption is necessary for national
Woodside Secures Final Approval for North West Shelf Extension, Australia
May 12, 2026
Woodside and the North West Shelf joint venture said it welcomed the Australian government’s final decision to grant environmental approval for the North West Shelf Project Extension. Woodside Executive Vice President and Chief Operating Officer Australia Liz Westcott said the
Pertamina, Halliburton Sign MOU to Accelerate Deployment of Advanced Well Construction
May 12, 2026
Pertamina (Persero), Indonesia’s state-owned integrated energy company, and Halliburton (NYSE: HAL) signed a memorandum of understanding (MOU) to accelerate the deployment of advanced well construction and stimulation technologies in Indonesia. Under this MOU, Pertamina and Halliburton intend to evaluate opportunities
Enverus Appoints Matt Johnson as President and Chief Revenue Officer
May 12, 2026
Enverus has appointed Matt Johnson as its new president and chief revenue officer (CRO). Matt Johnson brings more than two decades of experience in enterprise software leadership, most recently serving as president of Mitratech, where he led the company through
Sentinel Midstream Begins Construction on Texas GulfLink Deepwater Port
May 8, 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
Phillips 66, Kinder Morgan Advance Western Gateway Pipeline Project Following Successful Open Season
May 8, 2026
Phillips 66 and Kinder Morgan announced the advancement of the Western Gateway Pipeline, a proposed refined products pipeline system, following a successful second open season that secured long-term shipper commitments sufficient to move the project forward, subject to the execution
Equinor to Divest Its Vaca Muerta Portfolio to Vista Energy for $1.1 Billion
May 8, 2026
Equinor has signed an agreement with Vista Energy to divest its full onshore position in Argentina’s Vaca Muerta basin. The transaction includes Equinor’s 30 percent non-operated interest in the Bandurria Sur asset and its 50 percent non-operated interest in the
Chevron Promotes Amit Ghai to Controller
May 8, 2026
Chevron Corporation has appointed Amit R. Ghai as controller of Chevron, effective March 1, 2026. Ghai will succeed Alana Knowles, in anticipation of her expected retirement from Chevron in April 2026, after 38 years of service. “Over the course of
