Forum Energy Technologies, Inc. (NYSE: FET) today announced that it will redeem $60 million in aggregate principal amount of its 9.000% Convertible Senior Secured Notes due 2025 (“2025 Notes”) at par on August 16, 2024. For the second quarter 2024,…
TotalEnergies joins, with a 10% interest, the Ruwais LNG project alongside national company ADNOC (60%), Shell (10%), bp (10%) and Mitsui (10%). Launched by ADNOC in June 2024, Ruwais LNG is a liquefied natural gas (LNG) project located in Al…
Volkswagen Group’s battery subsidiary, PowerCo, and QuantumScape (NYSE: QS) have announced a landmark agreement aimed at industrializing QuantumScape’s advanced solid-state lithium-metal battery technology. This agreement, contingent upon achieving satisfactory technical milestones and making certain royalty payments, grants PowerCo a license…
BASF and ENGIE have signed a 7-year Biomethane Purchase Agreement (BPA), under which ENGIE will supply BASF with 2.7 to 3.0 terawatt hours of biomethane throughout the agreement’s duration. BASF will use certified biomethane at its Ludwigshafen, Germany, and Antwerp,…
EIG Pearl Holdings S.à r.l., a holding company managed by EIG, a prominent institutional investor in the global energy and infrastructure sectors, has announced the successful completion of an approximately $11.2 billion senior debt refinancing program. This program was undertaken…
The “Australia Gasoline Generator Market 2024-2030” report has been released by ResearchAndMarkets.com. It forecasts a 3.9% CAGR decline in the market size during 2024-2030. Australia’s population, with 72% residing in major cities and 26% in regional areas, experiences impacts from…
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, reported its trading volume and related revenue statistics for June 2024, which can be accessed on the company’s investor relations website. The report highlights record trading volumes,…
Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has initiated a research study to assess services and solutions providers aiding oil and gas companies in their digital transformation efforts to enhance operational efficiency and…
Pacific Coast Oil Trust (OTC–ROYTL) announced today that it will not distribute cash to unit holders of record as of June 28, 2024. This decision is based on the Trust’s assessment of net profits generated during April 2024, as outlined…
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…