1PointFive, a subsidiary of Occidental, has secured $36 million in funding from the U.S. Department of Energy (DOE) to develop two carbon sequestration hubs in Texas and Louisiana. SourceContinue Reading
OtterBusiness announced the newest product for use in hazardous environments: the OtterBox Wireless Power Bank with MagSafe, compatible with the Defender Series Division 2 iPhone case line. SourceContinue Reading
Viper Energy, Inc., a subsidiary of Diamondback Energy, Inc., today announced that it completed the previously announced acquisition of certain mineral and royalty interest-owning subsidiaries of Tumbleweed Royalty IV, LLC. SourceContinue Reading
Safetec Nordic AS has been sold to TÜV Rheinland. Safetec’s operations will complement the existing risk, safety and integrity management services provided by TÜV Rheinland and will be integrated into its Industrial Services & Cybersecurity business. SourceContinue Reading
Matterhorn Express Pipeline has begun transporting natural gas into Williams Cos.’s Transco pipeline, a long-awaited addition to midstream infrastructure serving the Permian basin. SourceContinue Reading
Pressure pumping operators across North America reduced diesel use by approximately 100 million gallons in 2023, thanks to Caterpillar Oil & Gas’ Cat Tier 4 Dynamic Gas Blending (DGB) system. SourceContinue Reading
The assets, located in Weld County, Colorado, add 5,592 net leasehold acres, 89 approved well permits, and 26 operated horizontal wells, enhancing Prairie’s cash flow in the DJ basin. SourceContinue Reading
AGR has been awarded a long-term frame agreement by Equinor to provide subsurface and field development support related to project developments of Equinor’s facilities, offshore installations and onshore plants. SourceContinue Reading
Abu Dhabi National Oil Co. offered nearly $13 billion to buy Germany’s Covestro AG in what’s set to be the largest Middle Eastern acquisition of a European firm. SourceContinue Reading
