ArcLight Capital Partners has announced the acquisition of a 25% equity interest in the Gulf Coast Express Pipeline (GCX) from a Phillips 66 affiliate for $865m.
Baker Hughes, an energy technology company, has signed an agreement with NNPC/FIRST Exploration & Petroleum Development Company Joint Venture (JV) to deploy the Leucipa automated field production solution.
Argent LNG has chosen Baker Hughes as the technology provider for its proposed LNG export facility in Port Fourchon, Louisiana, US.
A US geoscience research firm has discovered 14 additional offshore oil and gas prospects in South Korea’s East Sea, marking a significant development for the country’s energy sector.
US oil major Chevron has reported fourth-quarter earnings below expectations due to weak refining margins, marking the first loss in this segment in four years.
Baker Hughes has secured a significant order for gas compression technology for the third phase of Aramco’s Jafurah gas field expansion in the Kingdom of Saudi Arabia.
Japan is contemplating backing a $44bn gas pipeline project in Alaska to strengthen ties with US President Donald Trump and mitigate potential trade tensions.
TotalEnergies has chosen IFS Cloud as the single platform for the company’s global asset management transformation aimed at streamlining operations across its energy sectors.
TriMas completed the sale of its Arrow Engine business to IES Infrastructure Solutions, marking its exit from the oil and gas market.
The country has vast natural gas reserves which provide a cost-effective feedstock for methanol production.
