MOGAS Industries has secured a multimillion-dollar contract for the South Korean S-Oil Shaheen Project, marking the first-ever commercialization of TC2C™ (Thermal Crude to Chemicals) technology. Licensed by Lummus Technology, TC2C™ converts whole crude and refinery orphan streams into high-value olefin…
Northern Oil and Gas, Inc. (NYSE: NOG) announced today that it has finalized a definitive agreement to acquire a 20% undivided interest in the XCL Assets in partnership with SM Energy Company. The cash purchase price net to NOG is…
LandBridge Company LLC (“LandBridge”) has priced its initial public offering of 14,500,000 Class A shares representing limited liability company interests (“Class A shares”) at $17.00 per share. Additionally, LandBridge has granted the underwriters a 30-day option to purchase up to…
Galvanize Real Estate (“GRE”), the sustainable real estate strategy of global investment firm Galvanize Climate Solutions (“Galvanize”), has announced the acquisition of a 245,000 sq. ft. industrial asset at One Gateway Boulevard along the I-95/I-295 corridor in Southern New Jersey.…
The “United States Biodiesel Market Report by Application, Feedstock, States, and Company Analysis 2024-2032” has been added to ResearchAndMarkets.com’s offerings. The U.S. biodiesel market is projected to reach $66.65 billion by 2032, up from $39.27 billion in 2023, with a…
The Gazprom Management Committee reviewed progress on gas supply and infrastructure expansion programs across Russian regions in 2024. Efforts continue to connect previously unserved localities, including completion of inter-settlement gas pipelines to villages in Kabardino-Balkaria, Rostov, and Volgograd regions, benefiting…
The partners were awarded the permit for the CO2 Storage Kalundborg project today. The reservoir is approximately 1400 meters below ground and has the potential to store up to 12 million tons of CO2 per year. If successfully developed and…
bp has agreed to acquire Bunge’s 50% interest in their joint venture, bp Bunge Bioenergia S.A., a leading biofuels producer in Brazil. With this acquisition, bp will become the sole owner of the sugarcane and ethanol business, enhancing value creation…
TotalEnergies, the operator of Nigeria’s OML 58 onshore license with a 40% stake, along with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), has made the Final Investment Decision (FID) to develop the Ubeta gas field. The OML 58 license,…
Aramco and NextDecade Corporation announced today that their subsidiaries have signed a preliminary Heads of Agreement (HoA) for a 20-year liquefied natural gas (LNG) sale and purchase deal. This agreement pertains to the offtake of 1.2 million tonnes per annum…
Phillips 66 (NYSE: PSX) announced today the sale of its 25% non-operated stake in Rockies Express Pipeline LLC (REX) to a Tallgrass Energy, LP (TGE) subsidiary for approximately $1.275 billion. TGE, already the operator of REX, will now own 100%…
Crescent Energy Company (NYSE: CRGY) announced today that its subsidiary, Crescent Energy Finance LLC (the “Issuer”), intends to offer $750 million aggregate principal amount of Senior Notes due 2033, subject to market conditions. The Notes will be offered under Rule…