Energy Transition
News
July 29, 2025
The National Observatory of Brazil (Observatório Nacional) has purchased STRYDE’s Mini and Nimble seismic systems to support its geophysical research and exploration activities across Brazil, STRYDE announced on Tuesday.
News
July 29, 2025
Baker Hughes announced today a definitive agreement to acquire Chart Industries in a deal valued at a total of $13.6 billion. Notably, the acquisition will strengthen Baker Hughes' presence in the LNG and data center sectors.
News
July 29, 2025
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy.
News
July 28, 2025
Venture Global has reached final investment decision and successful closing of the $15.1 billion project financing for the first phase of the company’s third project, CP2. This milestone represents the largest standalone project financing ever.
News
July 25, 2025
House Republicans are moving forward with plans to pull U.S. funding for the International Energy Agency, saying the group has abandoned objectivity when it comes to projecting the growth of clean energy.
Article
July 2025
"It’s interesting how the 45Q program, which has been around since 2008, started to gain opposition from the environmental groups, not because they were against CCUS but because it was benefitting oil and gas."
News
July 24, 2025
The methane intensity of oil and gas production in the Permian basin declined by more than 50% during the 2022-2024 period according to a new analysis by S&P Global Commodity Insights.
Article
July 2025
The shipment reflects the start of Canada’s first exports of LNG to international destinations.
News
July 23, 2025
Global supply of liquefied natural gas is set to surge the most since 2019 next year, primarily driven by production additions in North America, the International Energy Agency said.
News
July 22, 2025
Shell, Aker BP and Enbridge have all left the SBTi, the leading global standard setter for corporate climate targets. The retreat started late last year after the companies were told that a net zero emissions strategy accredited by SBTi would require them to stop developing new oil and gas fields, the Financial Times reported.
News
July 22, 2025
SLB will deploy its Sequestri™ carbon storage solutions portfolio to construct six carbon storage wells in the North Sea for the Northern Endurance Partnership (NEP), an incorporated joint venture between bp, Equinor and TotalEnergies.
News
July 21, 2025
Mozambican President Daniel Chapo said he expects to soon conclude talks with TotalEnergies SE over the restart of a $20 billion natural-gas project that halted four years ago because of an Islamic State-linked insurgency.
News
July 18, 2025
bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of share underperformance.
News
July 17, 2025
Wind and solar projects being constructed on federal land will be required to undergo a new review process at the U.S. Interior Department, under a new Trump administration directive that could slow the approval of projects.
News
July 17, 2025
Eni SpA’s deal to sell half of its carbon capture and storage unit to BlackRock Inc.’s Global Infrastructure Partners will likely value the business at around $1.2 billion (€1 billion), according to people familiar with the matter.
News
July 15, 2025
Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission (FERC) pre-filing and permitting process for its 25 MMtpa LNG export project in Port Fourchon, Louisiana.
News
July 15, 2025
The U.S. may depart the International Energy Agency without changes to forecasting that Republicans have criticized as unrealistically green, President Donald Trump’s energy chief said.
News
July 15, 2025
Baker Hughes and Petronas have entered a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition.
News
July 14, 2025
MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, has emerged as the frontrunner to buy a minority stake in Petronas’ Canadian business, people familiar with the matter said.
News
July 10, 2025
Golar's FLNG Gimi vessel has reached its commercial operations date (COD) under the 20‑year agreement for the Greater Tortue Ahmeyim (GTA) gas project offshore Mauritania and Senegal. The Gimi FLNG unit will initially produce 2.4 MMtpa of LNG, with plans to ramp up to its full capacity of 2.7 MMtpa.
News
July 10, 2025
ASTM International is developing a standard (WK92298) that will provide a procedure to measure the rate of evaporation of oil over time and with temperature. The test method aims to measure the properties of oil for environmental modeling.
