Gas processing

BASF and AltaGas have signed a long-term commercial agreement for the supply of butane via AltaGas and Royal Vopak's Ridley Island Energy Export Facility (REEF) commencing in 2027.

The average historical volatility of the daily Henry Hub front-month futures price trended downward through 1H25, with quarterly volatility falling from a recent high of 81% in the 4Q24 to 69% by mid-2025.

Valmet has received an order from Saica Group to supply a biomass boiler and flue gas cleaning system for Saica Group’s plant in El Burgo de Ebro, Zaragoza, Spain.

ABB has been awarded a large order by bp, as the operator of the Sangachal terminal in Azerbaijan, to support the electrification and power grid stability of one of the world’s largest oil and gas terminals.

GlobalData reports that the energy sector is driving CCUS growth, accounting for over 70% of projects by end-2024.

BASF and Equinor have confirmed a strategic partnership and signed a ten-year natural gas supply agreement.

The expansion underlines Sulzer's global strategy of establishing full-service, in-region capabilities to meet the needs of its industrial customers.

Hexagon Composites ASA has announced the acquisition of Worthington’s alternative fuels business, Sustainable Energy Solutions, (SES Composites).

Baker Hughes and PETRONAS have announced that they have entered into an MoU on a strategic partnership to explore business initiatives to support the delivery of Asia’s energy transition.

Horizon Petroleum Ltd has provided a further operations update on progress made towards first production from its cornerstone Lachowice gas development in Southern Poland.

Gföllner Group and INNIIO have launched a joint venture, INNIO Gfoellner Power Systems LLC (IGPS), to meet the rising demand for decentralised, flexible energy solutions.

Venture Global have announced the execution of a new 20 year sales and purchase agreement (SPA) with PETRONAS LNG Ltd.

In 2024, the US imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985, according to the EIA’s Monthly Energy Review.

Air Liquide will invest up to US$200 million in Louisiana, US, to modernise and connect an ASU to its existing network and the expansion of its pipeline infrastructure by an additional 30 miles along the US Gulf Coast.

Pampa Energía has submitted its application to build an oil and gas treatment plant at its Rincón de Aranda field, Argentina, with an investment of US$426 million.