XRG, the international investment arm of Abu Dhabi National Oil Company (Adnoc), has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at the Port of Brownsville, Texas, US, thus marking a significant step in the execution of its global gas strategy.
Integrated Global Services (IGS), a provider of asset integrity and energy efficiency solutions for the energy, power and heavy industry sectors, has introduced Rovex, the latest evolution of its proven robotic cleaning technology for fired heater convection sections.
Axens, a provider of process technologies and energy solutions, has signed an agreement with Air Liquide to acquire its Methanol-to-Olefins technology portfolio, including the Lurgi Methanol-to-Propylene (MTP) technology.
Bilfinger has acquired a digital platform from Zentur.io to advance industrial efficiency and sustainability, featuring a customer portal and AI-powered digital twins for heating networks, enabling real-time data, forecasting, and performance optimisation.
Pennzoil Quaker State Company, a subsidiary of Shell USA, has completed the sale of Jiffy Lube International and its Premium Velocity Auto business to an affiliate of Monomoy Capital Partners for $1.3 billion.
The International Energy Agency (IEA) has unanimously approved Nigeria’s entry as an Association country, strengthening cooperation with Africa’s most populous nation and expanding the IEA Family to represent over 80 per cent of global energy demand.
Eni and Mercuria have agreed to form a 50-50 joint venture to manage global energy commodities trading. The venture will operate independently, covering oil, gas, LNG, biofuels, logistics and infrastructure rights.
TotalEnergies has announced the divestment of its 85 per cent interest in Block 2E offshore Malaysia to Inpex for $350 million, representing a net 8.5 per cent stake in the under-development Marjoram gas field.
Acwa has signed a Public-Private Partnership (PPP) and Power Purchase Agreement (PPA) for the development, financing, construction and operation of the N’diago 230 MW Combined Cycle Gas Turbine (CCGT) power plant in Mauritania.
Emarat Petroleum Company (Emarat) has opened its first branded service station in Yerevan, Armenia, marking its international expansion. The launch follows a partnership with MegaTrade and plans for a wider network of stations across the country.
