Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a definitive agreement to acquire an additional 22.5% stake in Rabigh Refining and Petrochemical Co. (“Petro Rabigh”) from Sumitomo Chemical for $702 million. Petro Rabigh, a refining…
NextDecade Corporation (NASDAQ: NEXT) announced the appointment of Tarik Skeik as Chief Operating Officer (COO). Reporting to Chairman and CEO Matt Schatzman, Skeik will enhance the management team’s expertise in major capital project delivery and operations. His focus will be…
Teams from four El Paso high schools are already setting their sights on returning to the VEX Robotics World Championship in 2025, following their qualification for this year’s event through their success in local, regional, and national tournaments. The Marathon…
Occidental (NYSE: OXY) announced today the initiation of a private exchange offer aimed at eligible holders (the “Exchange Offer”) for all outstanding 5.000% Senior Notes due 2029 (the “CrownRock Notes”) issued by CrownRock, L.P. (“CrownRock”) and CrownRock Finance, Inc. The…
Eni and the National Company KazMunayGas (KMG) have announced the start of construction for their collaborative 250 MW Hybrid Renewables-Gas Power Plant Project in Zhanaozen, Mangystau Region, Kazakhstan. This initiative follows a formal Agreement between the two companies, marking the…
Saltchuk Resources, Inc. (“Saltchuk”) today announced that it has successfully completed its previously announced tender offer to acquire all of the outstanding shares of common stock of Overseas Shipholding Group, Inc. (NYSE: OSG) not already owned by Saltchuk for a…
Seismos and Edison Partners Join Forces to Propel AI-Driven Innovation in Energy Panos Adamopoulos, founder and CEO of Seismos, expressed, “The new era of energy integrates all forms of generation with advanced technology.” He added, “Oil and gas markets are…
“Laser Photonics Corporation (LPC) (NASDAQ: LASE) Provides Strategic and Operational Update” Laser Photonics Corporation (LPC), a leading global developer of laser systems for cleaning and material processing applications, has released a comprehensive update for shareholders detailing recent developments and outlining…
AM Green and SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN, have signed a Memorandum of Understanding (MoU) for a long-term renewable energy supply agreement. On June 26, 2024, in New Delhi, SGEL agreed to supply approximately 4,500…
Following the previously announced CEO transition plan by Bentley Systems, Incorporated (Nasdaq: BSY), Nicholas Cumins officially takes the helm as CEO today. Cumins succeeds Greg Bentley, the eldest of the five founding brothers of Bentley Systems, who will now serve…
Endeavor Management and the University of Houston (UH) have signed a Memorandum of Understanding (MOU) to enhance their commitment to supporting energy transition. This strategic partnership aims to leverage the strengths of both organizations to accelerate advancements in sustainable energy…
SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, has announced the German launch of its high-power SolarEdge TerraMax™ Inverter paired with H1300 Power Optimizers. The new SE300K1 inverter has received certification and is now available for…