Trending News: Chevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured MaduroUS Natgas Output to Hit Record High in 2026, While Demand Declines, EIA SaysFujairah Bunker Hub Disrupted as Drone Debris Damages Oil StorageBrent to Trade Above $95 for Next Two Months on Iran War, EIA SaysHigher Gasoline Prices, Volatile Stocks, Could Hit Both Low- And High-Income US Consumers as War PersistsSaudi Aramco Sees 1.1 Million Bpd Oil Demand Growth in 2026India’s Top Bank Avoids Russian Oil Payments Despite U.S. Sanctions WaiverOil Shock Lifts EIA Price Outlook as Hormuz Crisis Reshapes ForecastGPS Jamming Chaos Grips Vital Oil ChokepointGulf Producers Slash Oil Output by 5 Million BpdAramco Warns of Catastrophic Consequences from Hormuz CrisisTrump’s Clean Energy ‘Assault’ Sinks Solar Installation NumbersEurope and Asia Battle for Critical Spot LNG SupplyUK researchers break down PFAS with sunlightEuropean CO2 Summit 2026 preview: supply, sourcing and standards in focusKorea chipmakers have helium stockpiles ‘for six months’Exxon Looks to Ditch New Jersey Incorporation for Texas HomecomingOil Sinks 7% as Trump Predicts Middle East De-EscalationMarket Spinning After ‘Most Epic Price Reversal in Oil History’Heidelberg Materials completes UK hydrogen-fuelled asphalt trialHeidelberg Materials completes UK hydrogen-fuelled asphalt trialVulnerable chemical supply chains could shape opportunities, says ICISIran Warns No Oil Will Leave the Middle East Until U.S. and Israeli Attacks StopSaudi Aramco Profits Fall 12% to $104.7 Billion as Oil Prices WeighChina Boosted Oil Imports Nearly 16% in Early 2026Top Stories Of The Day: India Strengthens Grid for 500 GW Clean Power; Solex 3.78 GW Module Plant Added to ALMM and More…Explained – Understanding Solar + Storage: How Solar Panels And Batteries Work TogetherFTC Solar Announces 1,000MW Expansion to Tracker Supply Agreement with Strata Clean EnergyNew tech and affordable electricity will decide industrial competitivenessSolar Tech Weekly: Hoymiles Launches Hybrid Solar Inverter; New Solar Material Produces Hydrogen On Demand and More…INJAZ Bahrain Headquarters Becomes First Youth Center In MENA To Achieve LEED Gold CertificationOil could rise to $200bbl and create ‘demand destruction’ warns Wood MackenzieOil could rise to $200bbl and create ‘demand destruction’ warns Wood MackenzieG7 Nations Delay Strategic Oil Reserve Release DecisionOil Prices Tumble After Trump Signals Iran War Could End SoonTrump Teases Early End to Iran WarThe Pacific winners from Gulf energy shutdownThe Pacific winners from Gulf energy shutdownOil Price Shock Could Worsen If U.S. Seizes Iran’s Strategic Oil IslandRecord Volumes of Sanctioned Oil Sit on Tankers Offshore ChinaBroad Agreement in G7 Not to Release Oil Reserves Just Yet, Says G7 OfficialHow Might Trump Combat the Spike in Oil Prices?Back to the 1970s? Investors Brace for a Return of StagflationUS Considering Selling Oil From Strategic Reserve, US Energy Chief SaysTrump Weighs Easing Russia Sanctions, Other Measures to Cool Oil PricesABS, HD Hyundai team up for nuclear-propelled container shipsChina and Brazil among new signatories to tripling nuclear goalFull restoration of Chernobyl shelter’s function targeted for 2030Equilibrion assesses nuclear-derived sustainable aviation fuelEurope’s Gas Prices Continue to Soar as War Resets Supply RoutesTrump Reviews Options to Curb Energy Prices as Iran Strikes Roil MarketsWar Flips LNG Surplus Narrative, Morgan Stanley SaysSaudi Aramco Cuts Oil Output as Hormuz Crisis Chokes ExportsAsia Outbids Other Regions for Fuel Cargoes as War Chokes SupplyCOMMENTARY: Tracking LNG Flows as Key Global Gas Prices Go HaywireQatar Said to Push LNG Expansion to 2027 After Iran Drone AttackAttention Shifting to Kharg IslandPodcast | Industrial gas earnings season: steady results, uncertain outlookWHIPLASH – Oil Prices Surge to Highest Since 2022 at Over $119 a Barrel on Middle East War, Then SettleCOMMENTARY: Compounding Errors and Narrow Self-Interest Threaten Global Fuel Crisis: RussellWall Street’s Immunity to Mideast Oil Shock Will Now Be TestedBetter Fill the Car Up, Like Right NowOil Prices Drop as the G7 Considers Releasing Up to 400 Million BarrelsSaudi Arabia Shoots Down Drones Targeting Major Shaybah OilfieldBahrain’s Bapco Energies Declares Force Majeure as War EscalatesAvenir LNG to supply bioLNG to Maersk in 2027Solar Energy Industries Association Applauds Massachusetts House Of Representatives For Passing Energy Affordability And Clean Power BillArevon Energy, Inc. 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Wed. Mar 11th, 2026
Trending News: Chevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured MaduroUS Natgas Output to Hit Record High in 2026, While Demand Declines, EIA SaysFujairah Bunker Hub Disrupted as Drone Debris Damages Oil StorageBrent to Trade Above $95 for Next Two Months on Iran War, EIA SaysHigher Gasoline Prices, Volatile Stocks, Could Hit Both Low- And High-Income US Consumers as War PersistsSaudi Aramco Sees 1.1 Million Bpd Oil Demand Growth in 2026India’s Top Bank Avoids Russian Oil Payments Despite U.S. Sanctions WaiverOil Shock Lifts EIA Price Outlook as Hormuz Crisis Reshapes ForecastGPS Jamming Chaos Grips Vital Oil ChokepointGulf Producers Slash Oil Output by 5 Million BpdAramco Warns of Catastrophic Consequences from Hormuz CrisisTrump’s Clean Energy ‘Assault’ Sinks Solar Installation NumbersEurope and Asia Battle for Critical Spot LNG SupplyUK researchers break down PFAS with sunlightEuropean CO2 Summit 2026 preview: supply, sourcing and standards in focusKorea chipmakers have helium stockpiles ‘for six months’Exxon Looks to Ditch New Jersey Incorporation for Texas HomecomingOil Sinks 7% as Trump Predicts Middle East De-EscalationMarket Spinning After ‘Most Epic Price Reversal in Oil History’Heidelberg Materials completes UK hydrogen-fuelled asphalt trialHeidelberg Materials completes UK hydrogen-fuelled asphalt trialVulnerable chemical supply chains could shape opportunities, says ICISIran Warns No Oil Will Leave the Middle East Until U.S. and Israeli Attacks StopSaudi Aramco Profits Fall 12% to $104.7 Billion as Oil Prices WeighChina Boosted Oil Imports Nearly 16% in Early 2026Top Stories Of The Day: India Strengthens Grid for 500 GW Clean Power; Solex 3.78 GW Module Plant Added to ALMM and More…Explained – Understanding Solar + Storage: How Solar Panels And Batteries Work TogetherFTC Solar Announces 1,000MW Expansion to Tracker Supply Agreement with Strata Clean EnergyNew tech and affordable electricity will decide industrial competitivenessSolar Tech Weekly: Hoymiles Launches Hybrid Solar Inverter; New Solar Material Produces Hydrogen On Demand and More…INJAZ Bahrain Headquarters Becomes First Youth Center In MENA To Achieve LEED Gold CertificationOil could rise to $200bbl and create ‘demand destruction’ warns Wood MackenzieOil could rise to $200bbl and create ‘demand destruction’ warns Wood MackenzieG7 Nations Delay Strategic Oil Reserve Release DecisionOil Prices Tumble After Trump Signals Iran War Could End SoonTrump Teases Early End to Iran WarThe Pacific winners from Gulf energy shutdownThe Pacific winners from Gulf energy shutdownOil Price Shock Could Worsen If U.S. Seizes Iran’s Strategic Oil IslandRecord Volumes of Sanctioned Oil Sit on Tankers Offshore ChinaBroad Agreement in G7 Not to Release Oil Reserves Just Yet, Says G7 OfficialHow Might Trump Combat the Spike in Oil Prices?Back to the 1970s? Investors Brace for a Return of StagflationUS Considering Selling Oil From Strategic Reserve, US Energy Chief SaysTrump Weighs Easing Russia Sanctions, Other Measures to Cool Oil PricesABS, HD Hyundai team up for nuclear-propelled container shipsChina and Brazil among new signatories to tripling nuclear goalFull restoration of Chernobyl shelter’s function targeted for 2030Equilibrion assesses nuclear-derived sustainable aviation fuelEurope’s Gas Prices Continue to Soar as War Resets Supply RoutesTrump Reviews Options to Curb Energy Prices as Iran Strikes Roil MarketsWar Flips LNG Surplus Narrative, Morgan Stanley SaysSaudi Aramco Cuts Oil Output as Hormuz Crisis Chokes ExportsAsia Outbids Other Regions for Fuel Cargoes as War Chokes SupplyCOMMENTARY: Tracking LNG Flows as Key Global Gas Prices Go HaywireQatar Said to Push LNG Expansion to 2027 After Iran Drone AttackAttention Shifting to Kharg IslandPodcast | Industrial gas earnings season: steady results, uncertain outlookWHIPLASH – Oil Prices Surge to Highest Since 2022 at Over $119 a Barrel on Middle East War, Then SettleCOMMENTARY: Compounding Errors and Narrow Self-Interest Threaten Global Fuel Crisis: RussellWall Street’s Immunity to Mideast Oil Shock Will Now Be TestedBetter Fill the Car Up, Like Right NowOil Prices Drop as the G7 Considers Releasing Up to 400 Million BarrelsSaudi Arabia Shoots Down Drones Targeting Major Shaybah OilfieldBahrain’s Bapco Energies Declares Force Majeure as War EscalatesAvenir LNG to supply bioLNG to Maersk in 2027Solar Energy Industries Association Applauds Massachusetts House Of Representatives For Passing Energy Affordability And Clean Power BillArevon Energy, Inc. Secures $183 Million Financing For 124 MW Big Muddy Solar Project In IllinoisPrice severity may force Strait reopening ‘by April’Price severity may force Strait reopening ‘by April’Top Stories Of The Day: IL&FS MF Invests in Hero Solar; Karnataka Budget Boosts Solar & Storage and More…US Energy Chief Chris Wright Defends Waiver on Russian Oil Sanctions, Blames Fear for Higher Gas PricesIraq’s Oil Output Plunges 70% as Gulf Shipping Crisis DeepensSaudi Arabia Offers Rare Spot Crude as Strait of Hormuz Traffic CollapsesIL&FS Mutual Fund Invests ₹125 Crore in Hero Solar Energy to Support Renewable ExpansionPPC and Metlen Launch 1.5 GW Battery Storage Venture in Southeast EuropeTT-Line reaps emission benefits from bioLNG enginesAnalyst Flags ‘Incredible’ Oil Price MovesSweden e-NG project enters conceptual design phaseHelix Exploration fast tracks logistics as fears of Middle East helium supply crunch growKuwait Shuts Production, Qatar Warns Oil Could Hit $150 in WeeksU.S. Gasoline Surges to Highest Under Trump as Iran War Roils Oil MarketOil Prices Surge Past $100 as Iran Names New Supreme LeaderHow Venezuelan crude could tighten US hydrogen supplyReliance Industries Pivots Back to Russian Oil with U.S. WaiverUS Oil Prices Soar in Early Trading on Supply Fears Amid Expanding U.S.-Israeli War With IranKorean partnership to consider use of HTGRsNuclear included in Japan-Canada strategic roadmapOklo, Centrus explore advanced nuclear fuel joint ventureStudsvik acquires Swedish SMR project development firmOil tops $100 as Iran war triggers Saudi output cutsAramco stock climbs as Middle East conflict lifts oil pricesHelium shortages becoming more likelyWhite House Seeks Bolder Action on Energy Prices Amid Iran ConflictGoldman Sachs Warns Oil May Surge Above $100/bbl if Hormuz Flows Don’t RecoverAmerican Clean Power Association Report Shows U.S. Added Over 50 GW of Clean Energy Capacity in 2025E.ON Connects Two-Millionth Renewable Energy Installation To Its Distribution Network In GermanyFTC Solar Reports Strong Q4 2025 Results With Revenue Up Nearly 150% Year-Over-YearIFC Backs Major Wind Power And Transmission Project In ArgentinaIGBC Green Telangana Summit 2026 Brings Global Leaders To Hyderabad To Discuss Net-Zero Cities
Wed. Mar 11th, 2026

Hexagon Composites acquires 49% stake in Worthington’s SES business

  • Gas
  • July 15, 2025

Cylinder technology specialist Hexagon Composites ASA has acquired a 49% stake in Sustainable Energy Solutions (SES), the alternative fuels subsidiary of Ohio-based industrial manufacturing company Worthington Enterprises.

The transaction was valued at around €11.7m for the whole company, with Hexagon paying about €6.1m for its 49% stake.

SES Composites manufactures composite cylinders in Słupsk, Poland, and operates a valve assembly facility in Burscheid, Germany.

The remaining part of the SES business – its industrial gas division, which produces steel cylinders in Kienberg, Austria – will continue under joint ownership.

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