NEWS — Click on text to read news by category: General | Product | People | Worldwide
Emerson Launches Scalable Industrial Reliability with AI-Driven Asset Performance Management
March 12, 2026
Emerson has launched the next evolution of its AspenTech Asset Performance Management (APM) portfolio. The latest release of Aspen Mtell® provides a pathway for companies to drive immediate value and seamlessly scale from foundational asset health monitoring to best-in-class, AI-enabled
Flow Control Management Acquires Kingston Valve Co.
March 11, 2026
Flow Control Management (FCM) has acquired Kingston Valve Co., a division of Storm Manufacturing Group. “We are thrilled to announce the addition of Kingston to our portfolio, as this further expands our current safety valve offerings,” said Phil Pejovich, CEO
Northeast Natural Energy, Evolution to Advance Electric Fracturing Technology in Appalachia
March 11, 2026
Northeast Natural Energy (NNE) and Evolution Well Services have entered into a strategic partnership to deploy advanced electric fracturing solutions with reduced emissions, lower noise, and community-conscious operations in Appalachia. Building on prior experience working together, NNE and Evolution are
Japex Closes $1.26 Billion Acquisition of Verdad Resources’ D-J Assets
March 9, 2026
Japan Petroleum Exploration Co. (JAPEX) has completed its acquisition of all interests in Verdad Resources securing tight oil and gas assets in Colorado and Wyoming in a deal valuing the enterprise at $1.26 billion. Through its overseas sub-subsidiary Peoria Resources,
ARM Energy and PIMCO Make $2.3 Billion FID on Mustang Express Pipeline, Texas
March 6, 2026
ARM Energy has made a final investment decision (FID) on its 236 mile, 42-inch Mustang Express Pipeline. The $2.3 billion project benefits from an anchor shipper commitment from Sempra Infrastructure to provide natural gas for its Port Arthur LNG phase
Flowserve to Aquire Trillium Flow Technologies’ Valves Division for $490 Million
March 6, 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,
Glenfarne Group Appoints Scott Meller as Head of Capital Formation
March 6, 2026
Glenfarne Group has hired Scott Meller, CFA, as head of Capital Formation. In this role, Meller will lead Glenfarne’s institutional fundraising and investor relations activities, supporting the firm’s capital formation strategy across its energy and infrastructure platforms. “Scott brings deep
Trump Offers Political Risk Insurance and U.S. Navy Escort for Ships Through the Strait of Hormuz
March 5, 2026
President Donald Trump on Tuesday offered political risk insurance and a U.S. Navy escort for shipments flowing through the Persian Gulf amid attacks on oil tankers near the Strait of Hormuz. “Effective immediately, I have ordered the United States Development
Warwick Capital and GRP Energy Capital Close $670 Million Acquisition of Viper Energy Assets
March 4, 2026
Warwick Capital Partners has closed on the acquisition of $670 million in assets to affiliates of Warwick and GRP Energy Capital. The assets were acquired from Viper Energy, a subsidiary of Diamondback Energy. The transaction represents one of the largest
Consortium Led by Global Infrastructure Partners and EQT Group to Acquire AES for $10.7 Billion
March 3, 2026
The AES Corporation, Global Infrastructure Partners (GIP), a part of BlackRock, and EQT have entered into a definitive agreement where the consortium will acquire AES for a total equity value of $10.7 billion and an enterprise value of approximately $33.4
