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LibertyStream Produces Lithium Carbonate from Permian Oilfield Brine, Texas
April 15, 2026
LibertyStream has commenced lithium carbonate production from its automated continuous-flow refining unit at field operations in the Permian Basin, Texas. This milestone marks LibertyStream’s first field production of lithium carbonate from oilfield brine, demonstrating a fully integrated, end-to-end pathway from
ADNOC and SLB Launch Transformative AI-Powered Solution to Boost Upstream Productivity
April 15, 2026
ADNOC and SLB has launched its artificial intelligence (AI)-powered Production System Optimization (AiPSO) platform with initial deployment across eight fields. The launch positions ADNOC as an industry pioneer in implementing AI-driven production system optimization at scale across all fields, enabling
Hexagon to Acquire Baker Hughes’ Waygate Technologies Business for $1.45 Billion
April 14, 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
Ovintiv Closes $2.85 Billion Sale of Its Anadarko Assets, Oklahoma
April 14, 2026
Ovintiv has closed on the all cash sale of its Anadarko assets, located in Oklahoma, for $3 billion. After customary closing adjustments, proceeds from the sale are expected to total approximately $2.85 billion. “The Anadarko sale completes the transformation of
Chevron Consolidates Venezuela Heavy Oil Position in Asset Swap
April 14, 2026
Chevron has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela (PDVSA) and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties’ focus on strategic assets in the country.
ST LNG Selects Baker Hughes as Technology Provider for U.S. Offshore LNG Project, Texas
April 10, 2026
Baker Hughes and ST LNG entered into an agreement where Baker Hughes will supply critical gas compression, power generation equipment, and project development support for ST LNG’s proposed liquefied natural gas export terminal offshore of Matagorda, Texas. As part of
Citadel to Acquire Leading German Power Trader FlexPower
April 10, 2026
Citadel has entered into a definitive agreement to acquire 100 percent of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s
Prinoth Launches Its New Panther T23R Crawler Carrier
April 9, 2026
Prinoth has launced its new flagship Panther T23R the industry’s largest and most technologically advanced rotating crawler carrier. The new model is the first to feature Prinoth’s PowerForce™ undercarriage, a breakthrough design underpinning more than 20 patent applications, delivering unmatched
Transocean to Acquire Valaris in $5.8 Billion Deal
April 8, 2026
Transocean and Valaris Limited have signed a definitive agreement to combine the two companies where Transocean will acquire Valaris in an all-stock transaction valued at approximately $5.8 billion. The shareholding percentages of the combined company will be approximately 53 percent
Milestone Environmental Expands Network with Acquisition of Striker Slurry Injection Facility
April 8, 2026
Milestone Environmental has acquired the Striker slurry injection facility in Lea County, New Mexico, further expanding its industry-leading network of advanced waste management infrastructure. The Striker facility enhances Milestone’s strategic positioning across the Permian Basin, bringing the company’s total network
