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Metso Reintroduces Its High Efficiency Scrubber, Efficient Off-gas Scrubbing in Gas Cleaning Plants
June 14, 2024
Metso is reintroducing the High Efficiency Scrubber for efficient scrubbing of off-gas impurities in non-ferrous and ferrous metallurgical processes and in oil, gas and chemical plants. The technology is suitable for both greenfield and brownfield installations. Thanks to its adjustable
U.S.-Saudi Petrodollar Pact Ends After 50 Years
June 13, 2024
The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia was just allowed to expire. The term “petrodollar” refers to the U.S. dollar’s role as the currency used for crude oil transactions on the world market. This arrangement has its
Advantage Energy to Acquire Montney Assets for $327 Million
June 13, 2024
Advantage Energy Ltd. has entered into a definitive asset purchase agreement to acquire high-quality, synergistic Charlie Lake and Montney assets from a private seller for cash consideration of $327 Million (CAD$450 million), subject to closing adjustments. The acquisition is expected
IEA Report: Global Spending on Clean Energy Technologies, Infrastructure to Hit $2 Trillion in 2024
June 13, 2024
Global spending on clean energy technologies and infrastructure on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies Despite pressures on financing, global investment in clean energy is
Devon Energy Appoints John Bethancourt as Chair of Board of Directors
June 13, 2024
Devon Energy’s board of directors has appointed John Bethancourt as independent chair of the board, effective July 1, 2024. Bethancourt joined Devon’s board in 2014 following his retirement from Chevron’s executive team. He currently chairs the board’s reserves committee while
Ground Control Introduces World’s Lightest and Most Power-efficient Iridium Certus 100 Devices
June 13, 2024
Satellite and cellular connectivity specialists, Ground Control, has launched two small form-factor devices that can be used across multiple industries which require tracking and remote monitoring, both with ultra-low energy consumption. British-owned Ground Control, which operates out of both the
FalconPoint-backed JENNMAR Acquires G&R Gas Services
June 12, 2024
JENNMAR has acquired the assets of G&R Gas Services. Based in Cedar Bluff, Virginia, G&R provides well tending, roustabout, and right-of-way maintenance services to the oil and gas industry across Virginia. As part of the acquisition, JENNMAR acquired G&R’s operating
Bill Gates’ TerraPower Begins Construction on Natrium Nuclear Project, Wyoming
June 12, 2024
TerraPower celebrated the start of construction on the Natrium reactor demonstration project. This marks the first advanced reactor project to move from design into construction. “This groundbreaking represents the beginning of the next era of nuclear energy. The Natrium reactor
Clean Energy Expands Boron LNG Plant Capacity with Third Production Train, California
June 12, 2024
Clean Energy Fuels said construction of a third production train at its liquefied natural gas (LNG) plant in Boron, California, has been completed, increasing the plant’s volume capacity by 50 percent. Already the largest plant of its kind in the
Petrobras and Curtiss-Wright Collaborate on New Subsea Pumping System
June 12, 2024
To improve the efficiency and safety of deep-water oil and gas activities, Petrobras and Curtiss-Wright have entered into a technological cooperation agreement to design a fully electric, highly reliable subsea pumping system with far less dependency on the production platform.
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