NEWS— Click on text to read news by category: General | Product | People | Worldwide
Aramco Completes $2.65 Billion Acquisition of Valvoline’s Global Products Business
March 6, 2023
Aramco has completed the acquisition of the Valvoline global products business for $2.65 billion, through one of its wholly-owned subsidiaries. With this acquisition, Aramco accelerates its aim to become one of the world’s preeminent integrated, branded lubricants players. Aramco will
Biden Administration Pledges $1.2 Billion to Extend Life of Distressed Nuclear Power Plants
March 6, 2023
The Biden administration said on Thursday it is offering a fresh round of $1.2 billion in aid to extend the life of distressed nuclear power plants which, for the first time, could offer funding to a plant that has recently
Tidewater Publishes Its 2022 Sustainability Report
March 6, 2023
Tidewater Inc., a leading owner and operator of offshore support vessels providing offshore energy transportation services worldwide, has published the company’s 2022 Sustainability Report. This report is Tidewater’s third annual comprehensive and stand-alone sustainability report. The report presents the environmental,
Cheniere Initiates Permitting Process for Sabine Pass Expansion Project, Louisiana
March 3, 2023
Cheniere Energy Partners, a subsidiary of Cheniere Energy, have initiated the pre-filing review process under the National Environmental Policy Act with the Federal Energy Regulatory Commission (FERC) for the proposed Sabine Pass Stage 5 Expansion Project adjacent to the existing
Excelerate Energy and Venture Global Execute 20-year LNG Sales and Purchase Agreement
March 3, 2023
Excelerate Energy and Venture Global LNG have executed a 20-year LNG sales and purchase agreement (SPA). Under the SPA, Excelerate will purchase 0.7 million tonnes per annum (MTPA) of liquefied natural gas (LNG) on a free on board (FOB) basis
Equinor Agrees to Acquire Suncor Energy UK for $850 Million
March 3, 2023
Norway’s Equinor agreed to buy Suncor Energy UK Ltd. for $850 million, adding to its oil and gas production in the North Sea as Europe races to replace Russian supplies. Since Moscow’s invasion of Ukraine a year ago, Equinor’s importance
Enbridge Makes $3.3 Billion in New Accretive Investments
March 2, 2023
Enbridge released an update on its strategic priorities and financial outlook. Details were discussed during the company’s investor conference in Toronto. A detailed review of the investor day conference can be found HERE for download. HIGHLIGHTS • Four growing businesses
Venture Global LNG Reaches Milestone at Plaquemines LNG Export Facility, Louisiana
March 2, 2023
Venture Global LNG has completed the successful raising of the roof of the first LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana. This major project milestone was completed ahead of schedule and comes nine months
Canada Pension Plan Investments to Acquire 49% Stake in Aera Energy from IKAV
March 2, 2023
Canada Pension Plan Investment board (CPP Investments) has agreed to acquire a 49 percent stake in Aera Energy, an oil and gas producer in California, from German asset management group IKAV. The financial terms of the deal were not disclosed.
Barnett Shale Targeted as Permian Operators Move Into New Plays
March 1, 2023
About 20 years ago, the shale revolution was launched in the Fort Worth Basin where the Barnett Shale has yielded one of the nation’s largest onshore natural gas fields. As that revolution headed west toward the Permian Basin, producers tried
Page 226 of 753 pages ‹ First < 224 225 226 227 228 > Last ›
