Company News
Andium raises $21.7m for IIoT technology to cut greenhouse gas emissions
Andium, a leader in Industrial Internet of Things (IIoT) technologies, has announced the closure of its $21.7m Series B funding round.
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Deal News
Equinor expands natural gas portfolio with $1.25bn acquisition in US
Equinor has announced a expansion of its natural gas portfolio in the US by acquiring interests in the Northern Marcellus formation.
Company News
TotalEnergies discovers new gas condensate resources in Harald field
TotalEnergies has announced a significant find in the Danish North Sea, where the HEMJ-1X well uncovered additional gas condensate resources.
Features
Rio Tinto’s push for renewable diesel
The company is using renewable diesel as an interim strategy to cut diesel use ahead of fleet electrification.
Company News
Transition signs methanol supply LoI with Mitsubishi Gas Chemical
Transition Industries has signed a letter of Iintent (LoI) with the Mitsubishi Gas Chemical Company (MGC) to supply methanol.
Company News
Malaysia’s Petronas gears up for expansion in Indonesia
Malaysian oil and gas company Petronas has announced an “aggressive” expansion plan in Indonesia, operating blocks in the East Java region.
Company News
PetroChina plans to shut Dalian oil refinery by mid-2025
PetroChina plans to shut down its domestic oil refinery in Dalian by mid-2025, marking China’s first major closure.
Company News
CNOOC reports 19.5% net profit growth in ¾ results 2024
CNOOC reports a 19.5% rise in net profit for the first three quarters of 2024, to 116.66 billion yuan attributable to equity shareholders.
Deal News
Enterprise Products Partners acquires Piñon Midstream for $950m
Enterprise Products Partners has closed the acquisition of Piñon Midstream for a cash consideration of $950m.