Kuwait to Invest $50 Billion to Boost Oil Production Capacity
Kuwait, one of the top OPEC producers in the Middle East, plans to invest as much as $50 billion to raise its oil production capacity to above 3 million barrels…
Natural Gas Retreats Amid Repeated Substantial Injections, EBW Analyst Says
In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, outlined that natural gas “retreat[ed]…amid repeated substantial injections”. “Yesterday’s…
Podcast | What the 45V repeal means for hydrogen and clean energy
In this episode of The 1895 Podcast we are joined by Mona Dajani, Partner and Global Co-Chair of Energy Infrastructure & Hydrogen, and Co-Chair of the Energy Sector at Baker…
Texas Utility Vistra Energy Expands Gas Power Holdings in $2 Billion Deal
Texas-based utility Vistra Energy has struck a $1.9-billion deal for the acquisition of close to 2.6 GW worth of gas-powered generation capacity across several states from Lotus Infrastructure Partners. The…
National Grid Reports Significant Profit Increase
National Grid’s annual profits rose by a fifth as it lauded stable growth against a backdrop of “international economic uncertainty.” On an underlying basis, pre-tax profit increased 20 per cent…
Strathcona Makes Takeover Offer for MEG Energy
Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. The offer represents a 9.3%…
First Nations to Acquire Stake in Enbridge’s BC Pipeline
Enbridge Inc. and a partnership of 36 First Nations in British Columbia have inked a deal for the Indigenous groups to acquire a 12.5 percent ownership in a natural gas…
AWG acquires dry ice supplier in Indiana
North Carolina-based gas producer and distributor American Welding & Gas has acquired Grant Haberg, an Indiana-based dry ice business. The purchase strengthens AWG’s presence in the Midwest and complements its…
Air Water’s Eric Rottier to chair US CGA board
US gas safety and technical body the Compressed Gas Association (CGA) has appointed Eric Rottier, Chief Operating Officer of Air Water America and CEO of its cryogenics equipment division, as…
NASA agrees xenon support contract with EFC Gases
Massachusetts-based high-purity rare gas technologies company EFC Gases & Advanced Materials has secured a five-year contract to support NASA’s xenon gas reprocessing needs. Worth up to $5m over its term,…
