Category: Industry News

Verde Clean Fuels has finalised a $50m equity investment from Cottonmouth Ventures, to expand natural gas-to-gasoline plants.

Cummins, in partnership with Liberty Energy, is set to deploy the industry’s first variable speed, large displacement natural gas engine.

Odfjell Technology is set to expand its services in the Asia Pacific through a cooperation agreement with R&D Solutions.

The UK’s Competition and Markets Authority (CMA) has initiated an investigation into the proposed $8bn acquisition of ChampionX by oilfield services giant SLB.

Elk Range Royalties has acquired Newton Financial, Concord Oil Company, and Mission Oil Company, which own substantial mineral and royalty interests in the Permian and Eagle Ford basins.

Ethanol blending by Indian OMCs has saved over ₹1.13tn ($13bn) in foreign exchange and substituted 19.3 million metric tonnes of crude oil in the past decade.

Petronas has opted to decommission the Sabah Sarawak gas pipeline (SSGP), a critical piece of Malaysia’s energy infrastructure, by the end of 2027.

Pipetech has introduced a groundbreaking downhole scale remediation (DSR) technology to transform wellbore cleaning solutions in the oil & gas sector.

Prospex Energy announced regional approval for Po Valley Operations to start a 3D seismic campaign at Selva Malvezzi.

El Hamra Oil Company aims to ramp up production to 8,500 barrels per day (bpd), a increase from its current output of over 5,500bpd.