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August 31, 2026
SLB will acquire thermal management provider Kelvion in a $4.1-billion deal, significantly expanding its data center infrastructure business as surging AI investment drives demand for cooling, power and integrated facility solutions. Source
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Conflict and Climate Are Driving Food Prices Higher | OilPrice.com Kurt Cobb Kurt Cobb is a freelance writer and communications consultant who writes frequently about energy and environment. His work has also appeared in The Christian Science… More Info Premium Content By Kurt Cobb – Aug 31, 2026, 12:00 PM CDT War-driven disruptions to fuel,...
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Peak hurricane season can leave offshore operators with little time to react. Predictive maintenance can identify equipment risks early, giving teams more time to protect production and avoid unplanned downtime. Source
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ONGC plans to invest $736 million in a 13-million-bbl underground strategic crude storage project in southern India as the country looks to strengthen its defenses against oil supply disruptions. Source
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Europe Gas Prices Jump 5% to Highest Level Since 2023 | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Aug 31, 2026, 11:30 AM CDT European benchmark...
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Iran Weakened but Defiant After 6 Months of War | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 31, 2026, 11:00 AM CDT Washington is intensifying...
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Ranger Energy Services will acquire STEP Energy Services’ U.S. coiled tubing assets for $27.5 million, adding 13 coiled tubing spreads and significantly expanding its Permian and Bakken operations. Source
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China Coking Coal Prices Set for Record 46% Monthly Surge | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Aug 31, 2026, 10:30 AM CDT Supply issues...
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Helix shareholders have approved the company’s all-stock combination with Hornbeck Offshore Services, clearing the way for the offshore services merger to close Sept. 1. Hornbeck securityholders will own approximately 55% of the combined company. Source
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SLB will acquire thermal management provider Kelvion for $3.4 billion in cash, significantly expanding its data center infrastructure business as surging AI investment drives demand for cooling, power and integrated facility solutions. Source
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