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03 Feb Energy / Automotive News February 03, 2025

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Oil prices jumped in Asian trade on Monday...

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03 Feb Helix Traffic Solutions Announces Strategic Acquisition of Mels Electric

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MURFREESBORO, Tenn.--(BUSINESS WIRE)--Helix Traffic Solutions (“Helix”), a leading provider of traffic safety solutions throughout the United States, has announced its strategic acquisition of Mels Electric, based in Wilmer, Texas. The acquisition stre...

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03 Feb MHI Group Presents “Best Innovation 2024” Awards for Products that focuses on environmental conservation

Posted at 10:38h in Press Releases by oilandgaspress 0 Comments

London, Febuary 03, 2025, (Oilandgaspress) ––– Mitsubishi Heavy Industries, Ltd. (MHI) has presented its "Best Innovation 2024" awards to 21 products, technologies and services that recognize efforts related to the development and practical application of solutions to help resolve social issues. These awards have been...

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03 Feb Baker Hughes to Develop Small-Size Ammonia Turbines

Posted at 10:14h in Press Releases by oilandgaspress 0 Comments

London, Febuary 03, 2025, (Oilandgaspress) –––Baker Hughes , Hanwha Power Systems and Hanwha Ocean announced Monday a Joint Development and Collaboration Agreement (JDCA) for a new small-size turbine for ammonia applications that will leverage Baker Hughes’ small-size gas turbine technology and Hanwha’s ammonia combustion system....

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03 Feb Baker Hughes Selected as Technology Provider for Argent LNG Project

Posted at 10:08h in Press Releases by oilandgaspress 0 Comments

London, Febuary 03, 2025, (Oilandgaspress) –––Argent LNG LCC (Argent LNG) has selected Baker Hughes (NASDAQ: BKR), an energy technology company, as the liquefaction solution and related services provider for its proposed liquified natural gas (LNG) export facility in Port Fourchon, Louisiana. Baker Hughes will supply...

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03 Feb Baker Hughes Secures contract from ExxonMobil Guyana for FPSOs

Posted at 10:03h in Press Releases by oilandgaspress 0 Comments

London, Febuary 03, 2025, (Oilandgaspress) –––Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant award from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana’s prolific Stabroek Block. The announcement was made...

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03 Feb Quinbrook to Construct Second Nationally Significant Infrastructure Project in Solar Power in East Midlands

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The GBP 240 Million Mallard Pass project is expected to begin construction in 2026 and commence operations in 2028LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on t...

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02 Feb Repsol to produce renewable methanol in Tarragona, Spain

Posted at 21:58h in Renewables by oilandgaspress 0 Comments

London, February 01, 2025, (Oilandgaspress) –––Repsol's Board of Directors today gave the green light to invest in the Ecoplant, a pioneering project in Europe to transform urban waste into renewable fuels and circular products, adding a solution for reducing CO2 emissions in the transport sector,...

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02 Feb ADNOC Update on Potential Polyolefin Opportunities

Posted at 21:38h in Press Releases by oilandgaspress 0 Comments

London, February 01, 2025, (Oilandgaspress) –––Abu Dhabi National Oil Company (ADNOC) confirms that negotiations with OMV AG (“OMV”) about the potential creation of a new global polyolefins group, through the proposed combination of their existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”) are...

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01 Feb Aqua Pennsylvania Acquires Greenville Sanitary Authority Wastewater System in Mercer County

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Acquisition reflects company’s commitment to providing reliable wastewater treatment and environmental protectionBRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities, Inc. (NYSE: WTRG) announced today its Aqua Pennsylvania subsidiary has finalized its...

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01 Feb Crescent Energy Closes Accretive Central Eagle Ford Bolt-On

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HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”), today announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million, consisting of $830...

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01 Feb Waterous Energy Fund Announces Disposition of Shares of Strathcona Resources Ltd.

Posted at 00:16h in News analysis by WebSupport@BusinessWire.com 0 Comments

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships, including but not limited to, Waterous Energy Fund (Canadian) LP, Waterous Energy Fund (US) LP, Wa...

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