Baker Hughes Wins Shareholder Nod for $13.6 B Chart Industries Takeover
Chart Industries shareholders have approved the company’s $13.6-billion all-cash sale to Baker Hughes, positioning the Houston-based energy technology giant at the center of the expanding markets for both LNG and…
Forecast of Cold Snap Sends Europe’s Power Prices Soaring
Power prices in the top European economies, Germany and France, surged on Monday to the highest level since February amid expectations of an early-autumn cold snap and reduced renewable energy…
Iran Boosts Natural Gas Reserves with New Discovery
Iran claims a new natural gas discovery would add an estimated 10 trillion cubic feet to its gas reserves and could help offset an expected energy imbalance. Iran has discovered…
India Benefits as Russian Oil Floods Market
More crude oil from Russia has become available for Indian refiners as Ukrainian drone attacks have reduced the Russian refining capacity, an Indian government official Reuters on Monday. Since the…
Ukraine Claims Strike on Oil Terminal in Crimea
Ukraine has hit an oil terminal in Crimea, which has been occupied by Russia since 2014, the Ukrainian Army said on Monday. The Ukrainians also struck an explosives manufacturing plant…
Middle East Oil Producers Follow Saudi Pricing Lead
Saudi Arabia left the official selling price of its crude oil selling in Asia in November unchanged from the October prices as OPEC+ continues to lift production amid a market…
Helium users invest in recovery and recycling to cut supply risk
Helium users are responding to years of tight supply and high prices by investing in on-site recovery, purification and liquefaction systems. Suppliers including Evonik and Atlas Copco say efficiency, purity…
Ardian to Buy Irish Utility Energia as AI Power Demand Booms
French private investment firm Ardian will buy Irish energy utility Energia Group from infrastructure investor I Squared Capital, as power demand is set to surge with Ireland’s growing digital economy…
Denmark Targets Russia’s Shadow Fleet With Tighter Tanker Controls
Denmark is intensifying inspections on oil tankers passing through its waters, which are the gateway to and from the Baltic Sea, in a move to counter Russia’s shadow fleet movements.…
African Energy Conglomerate Eyes 350,000 Bpd in Oil Output
Sahara Group, the India-based energy and infrastructure conglomerate, plans to be producing 350,000 barrels of crude daily in Africa by 2030, local media reported, citing a senior company executive. “This…
