Second Quarter Highlights: Reported revenues of $162.7 million, net loss of $3.3 million and Adjusted EBITDA of $25.0 million; Repurchased 883,000 common shares for $19.1 million at an average price of $21.64 per common share, or approximately 7% of...
The milestone marks the first deployment of a centrifuge-based carbon capture technology in shipping. Delivering the most efficient carbon capture solution for the shipping industry, Carbon Ridge also secures further funding.SANTA MONICA, Calif. & HOU...
London, July 29, 2025, (Oilandgaspress) –––Chevron Corporation (NYSE: CVX) announced that John B. Hess has been appointed to Chevron’s Board of Directors. Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013. He led the company...
London, July 29, 2025, (Oilandgaspress) –––Woodside has agreed to assume operatorship of the Bass Strait assets, unlocking potential development of additional gas resources, following an historic agreement with ExxonMobil Australia (ExxonMobil). Consolidating operatorship of the Bass Strait assets into Woodside’s operated portfolio strengthens Woodside’s footprint...
London, July 29, 2025, (Oilandgaspress) –––Baker Hughes and Chart Industries announced they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6...
London, July 29, 2025, (Oilandgaspress) –––KBR announced it will provide front-end engineering design (FEED) services to Kuwait Oil Company (KOC) for Phase 1 of its heavy oil program for the South Ratqa field. Under the terms of the contract, KBR will provide FEED and associated...
London, July 29, 2025, (Oilandgaspress) –––Versalis, Eni’s chemical company, and Acea Ambiente, a subsidiary of Acea operating in integrated waste management and energy recovery sectors, have entered into a Memorandum of Understanding (MoU) signed by Adriano Alfani, CEO of Versalis, and Gabriele Di Cintio, CEO...
Quinbrook Cements Leadership in Grid Stability with Irish ExpansionLONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transit...
BAKERSFIELD, Calif.--(BUSINESS WIRE)--Global Clean Energy Holdings, Inc. (“GCE” or the “Company”), a vertically integrated renewable fuels company, announced today that the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) has conf...
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today announced the pricing of its offering of $900 million aggregate principal amount of its 3.00% Convertible Senior Notes due 2028 (the “convertible notes”) in a private...
HOUSTON & CHARLOTTE, N.C.--(BUSINESS WIRE)--FIC, an investment firm with a focus on critical infrastructure assets across the energy and power use value chains, has closed on a GP-led secondary transaction for a portion of its existing equity interest ...
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending June 30, 2025, on Monday, August 4, 2025 after market close. An earnings conference c...