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NEWS Click on text to read news by category: General | Product | People | Worldwide

BlackRock, Citadel Securities-backed TXSE Group to Launch Texas Stock Exchange

June 11, 2024

TXSE Group Inc. said it plans to launch the Texas Stock Exchange (TXSE), headquartered in Dallas. TXSE will focus on enabling U.S. and global companies to access U.S. equity capital markets and will provide a venue to trade and list

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Element Fuels Completes Site Preparation, Pre-Construction on Hydrogen-powered Refinery, Power Plant

June 11, 2024

Element Fuels Holdings said it has completed site preparation and pre-construction on a new hydrogen-powered refinery and combined-cycle power plant within the Port of Brownsville, Texas. The Element complex is innovatively designed to produce and recycle hydrogen using advanced technologies

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DOE Issues Notice of Intent to Fund Carbon Management Projects

June 11, 2024

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced its intent to issue funding in support of research and development projects done in cooperation with industry and academia to solve climate change challenges. This

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Aker Solutions Secures Brownfield and Modification Frame Agreement with Azule Energy, Angola

June 11, 2024

Aker Solutions has secured a sizeable long term frame agreement with Azule Energy to provide engineering, procurement, and construction services (EPC) for brownfield projects and modifications for two FPSOs in Angola. This is a continuation of the current frame agreement

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Ipieca Appoints ExxonMobil’s Paul Krishna as New Chairman

June 11, 2024

Ipieca has appointed ExxonMobil’s Paul Krishna as its new chair. Paul has been an active member of Ipieca since 2009. Prior to his appointment as chair, Paul was Ipieca’s vice chair for two years and has previously served as chair

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Enbridge Completes Acquisition of Questar Gas Company

June 10, 2024

Enbridge has closed on its acquisition of the Questar Gas Company and its related Wexpro companies from Dominion Energy. The Questar Gas utility will be doing business in Utah as Enbridge Gas Utah, in Wyoming as Enbridge Gas Wyoming, and

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QatarEnergy-Exxon’s Golden Pass LNG Project Faces Six-Month Delay, Texas

June 10, 2024

The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11 billion joint venture liquefied natural gas project in Texas, has been delayed by at least six months due to construction turmoil, analysts said. The project at the Sabine Pass

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Colorado State University Lands $25 Million Grant to Boost Methane Detection Work

June 10, 2024

The largest and most active methane emissions detection test bed in the world is located in Colorado. It just landed a $25 million grant from the U.S. Department of Energy to expand its methane leak simulator site in Fort Collins.

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U.S. Oil and Gas Rig Count Falls to Lowest Since January 2022

June 10, 2024

U.S. energy firms last week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count,

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Lynred Launches Two Infrared Imaging Detectors for Optical Gas Imaging Applications

June 10, 2024

Lynred has unveiled two infrared imaging products offering oil and gas facility operators a range of solutions to effectively detect and inspect methane leaks, enhancing their capabilities in adhering to recently updated and stricter greenhouse gas emission rules. EOLE and

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