Industry News
NGP Energy considers sale of Camino Natural Resources for $2bn
NGP Energy Capital Management is reportedly exploring the divestment of Camino Natural Resources, with a valuation that is expected to reach approximately $2bn.
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Analyst Comment
Middle East to add considerable liquids storage capacity additions by 2028
The United Arab Emirates will dominate within the region, accounting for more than half total capacity additions by 2028.
Industry News
GAIL reports $11.65bn revenue for nine months ending 31 December 2024
GAIL has reported a substantial rise in its revenue and profits for the nine months ending 31 December 2024.
Industry News
Halliburton wins drilling contract with Petrobras
Halliburton has secured a drilling contract from Petrobras to provide integrated services across various offshore fields in Brazil.
Industry News
Baker Hughes secures LNG technology orders for Venture Global’s US projects
Baker Hughes has secured a contract to supply a modularised LNG system and power island for Venture Global’s LNG projects in the US.
Industry News
Infinity Natural Resources IPO raises $265m, bringing company valuation to $1.18bn
Infinity Natural Resources has successfully raised $265m through its initial public offering (IPO) in the US.
Industry News
Rio Tinto and Hydro collaborate on carbon capture in aluminium electrolysis process
The partnership aims to speed up the creation of improved offerings of commercially viable carbon capture technologies
Industry News
Reelwell secures Vår Energi’s contract for DualLink drill pipe technology
Reelwell has been awarded a multi-year contract by Vår Energi to deploy its DualLink powered digital drill pipe technology offshore on the Norwegian Continental Shelf (NCS).
Industry News
Verde Clean Fuels completes $50m investment from Cottonmouth Ventures
Verde Clean Fuels has finalised a $50m equity investment from Cottonmouth Ventures, to expand natural gas-to-gasoline plants.
Industry News
Cummins, Liberty Energy to deploy natural gas engine for hydraulic operations
Cummins, in partnership with Liberty Energy, is set to deploy the industry’s first variable speed, large displacement natural gas engine.