Westinghouse will be responsible for completing the vacuum vessel at the ITER nuclear fusion facility in France.
Oil prices are getting some support from the favorable refining environment, with refining margins widening and inventories of refined products declining.
U.S. energy company EQT agreed to pay $167.5 million to settle a class action lawsuit filed by investors who claimed EQT overstated the benefits of its $6.7 billion merger with Rice Energy in 2017
Haynes Boone’s annual spring survey of energy lender price decks shows some near-term movement, before settling at fall 2024 survey prices with oil in the mid-$50s through 2034.
Former U.S. Energy Secretary and Governor of Texas Rick Perry’s Fermi America announced a massive power and AI data campus integrating nuclear, natural gas, solar and energy storage capabilities.
Jack Williams, senior vice president at Exxon Mobil, said the energy major is in “fighting weight” to weather the downturn as it looks for more opportunities to add value.
SLB’s $7.76 billion all-stock deal to buy ChampionX previously won approval in the U.S., but the transaction remains under review by U.K. and Norwegian authorities.
A mega-merger between supermajors Shell and BP faces a major hurdle: the rigidity of U.K. takeover law. Despite a mandated denial, Shell still has levers to pull if it aims to acquire BP.
The hydrogen production 45V tax credit might be on its death bed, but industry hope remains as thoughts turn to next steps to grow the sector under the Trump administration.
Coastal Bend LNG is planning to build a 22.5-million tonnes per annum (mtpa) natural gas liquefaction and export facility along the Texas Gulf Coast.