Siemens Energy begins preparations for the launch of an independent brand
Siemens Energy announces new independent brand name following spin-off from Siemens AG in 2020.
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Glenfarne announces investment in Texas LNG by HPS Investment Partners
Glenfarne Group, LLC announced a US$500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of BlackRock.
Ferguson to acquire FloWorks
Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.
OMV receives funding for green hydrogen plant
OMV has received a €450 loan from the European Investment Bank (EIB) for the construction of its 140 MW green hydrogen production facility in Austria to significantly contribute to the decarbonisation of its Schwechat refinery.
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INERATEC and Zeopore announce collaboration
INERATEC and Zeopore have collaborated to increase the efficiency of CO2-neutral fuels and support the competitive scale-up of sustainable fuel and chemical production.
IEA: why oil price shocks hit consumers differently
After the war in the Middle East began, fuel prices at the pump surged in some countries and barely moved in others. The IEA offers commentary.
EC approves Baker Hughes' acquisition of Chart Industries
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Baker Hughes of Chart Industries, both headquartered in the US.
Yokogawa awarded main automation contractor role for Commonwealth LNG project
Technip Energies has awarded Yokogawa Corp. of America the role of main automation contractor for the Commonwealth LNG project.
OXEA confirms FID for major capacity expansion
OXEA has announced its Final Investment Decision (FID) for a major capacity expansion at its Bay City, Texas, US, production site.
Mantel and Aalborg CSP enter strategic supply agreement
Mantel has announced a strategic supply agreement with Aalborg CSP to develop standardised plant designs for Mantel’s molten salt tank systems for carbon capture systems.