Dohmeyer regains independence after split from Air Water
Cryogenic and refrigeration solutions firm Dohmeyer has separated from Air Water after six years as part of the global industrial gas and equipment company. Director Fabian Van Damme, through his…
CCUS hub study launched to cut steel sector emissions in Asia
A consortium of leading steelmakers and energy companies is studying the development of large-scale carbon capture, utilisation and storage hubs across Asia, which produces more than 70% of the world’s…
Quercus and Elionia close €76m financing for three Italy biomethane plants
Renewable energy specialists Quercus Real Assets and Elionia have closed the financing of three greenfield biomethane plants that will be built in northern Italy. The €76m transaction was completed through their…
Fluor to pay Santos A$692m to Santos in Gladstone LNG dispute resolution
The Queensland Supreme Court has ruled global EPC firm Fluor must pay approximately A$692m to Santos and its co-venturers over a dispute involving an engineering and construction contract. The proceedings…
Sanctioned Oil Trader Sues Intelligence Firm as Spy Saga Continues
A sanctioned Dutch oil trader at the center of a dispute involving allegations of CIA ties, Russian crude shipments, and multimillion-dollar fraud has sued a prominent U.S. corporate intelligence firm…
New Rival Bid Emerges in Fight for Citgo’s Parent Company
A surprise bidder has entered the high-stakes auction for PDV Holding—the U.S.-based parent of Citgo Petroleum—throwing a wrench into a $7.38 billion deal already recommended by a court-appointed officer. The…
NASA Wants To Put a Nuclear Reactor on the Moon
NASA is accelerating plans to set up a nuclear reactor to the Moon by the end of the decade, to power bases there and help America be the first nation…
Environmentalists Raise Alarm Over Argentina’s Massive Oil Export Ambitions
Argentina’s plans to become a major energy exporter are going through a unique area in Patagonia, home to an endangered whale species and many orcas and sea lions and a…
Petrobras Swings Into Profit in Q2
Brazil’s Petrobras reported a profit for the second quarter of the year, booking a net positive result of some $1.6 billion after posting a loss of $480 million for the…
Indian Oil Importers Contract Non-Russian Cargos
India’s two largest refiners have secured some 22 million barrels in non-Russian crude for delivery in September and October following President Trump’s decision to impose an additional 25% tariff on…
