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Explosions Reported on Two Foreign Vessels in the Persian Gulf
March 12, 2026
Two foreign fuel tankers in the Persian Gulf were hit by explosions on Wednesday, authorities say. One person was killed and another 38 people were rescued after the incident near the Iraqi port of Umm Qasr, which Reuters and CNN
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
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
March 3: Iran Claims Hormuz Strait is Closed, Threatens to Set Shipping there ‘Ablaze’
March 3, 2026
An Islamic Revolutionary Guard Corps senior official said on Monday that the Strait of Hormuz is closed, threatening that if any vessels pass through it, Iran “will set those ships ablaze,” state media reported. Choking off the Persian Gulf waterway,
