Leading tech firms form global alliance to scale carbon capture
Shell Catalysts & Technologies and Technip Energies have formed a global alliance to deliver a post-combustion amine-based carbon capture solution using Shell’s Cansolv carbon dioxide capture system. The alliance combines…
Chevron Prioritizes Cash Flow Over Growth in Permian
Chevron has effectively reached its long-term production goal of 1 million barrels of oil equivalent per day (boe/d) in the Permian Basin—and from here, it’s shifting gears. According to Bruce…
BlackRock’s €1 Billion Bet on Eni Fuels Carbon Capture Confidence
A long-anticipated deal just became a market signal: BlackRock’s Global Infrastructure Partners is preparing to buy 49.99% of Eni’s carbon capture arm at a valuation of around €1 billion ($1.2…
India’s ONGC Eyes Major New Refinery Project
Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country, is considering the construction of a new refinery with a…
B&J Welding Supply expands gases business with GM Welding Supply acquisition
Welding gases, equipment, and safety solutions supplier B&J Welding Supply has acquired GM Welding Supply, a Texas-based welding and gases supplier. The companies will combine and operate under the B&J…
Natural Gas Inventories Rise but Heat Wave Could Fuel Strong Demand
U.S. natural gas inventories climbed by 46 billion cubic feet (Bcf) last week, keeping total storage comfortably above seasonal norms. But while the headline number suggests plenty of supply, traders…
India Unfazed by Trump Threat of Secondary Sanctions on Russian Oil Buyers
India is not concerned about President Trump’s threat to crack down on Russia’s oil exports and slap secondary sanctions or tariffs on buyers of Russian crude if no peace deal…
