Category: Energy Industry News

Bitech Technologies acquires Emergen Energy to bolster green energy portfolio

businessnewstoday- April 25, 2024

Bitech Technologies Corporation , a key player in green energy solutions, announced the completion of its acquisition of Emergen Energy LLC from Texas-based Bridgelink Development, ... Read More

Baker Hughes secures key order from Aramco for Master Gas System expansion

businessnewstoday- April 24, 2024

Baker Hughes (NASDAQ: BKR), a global leader in energy technology, has announced a significant order from engineering firm Worley, acting on behalf of Saudi oil ... Read More

Ithaca Energy signs £754m all-stock deal to acquire Eni’s UK upstream assets

businessnewstoday- April 24, 2024

Ithaca Energy has finalized an agreement to acquire the majority of Eni's upstream assets in the United Kingdom in a substantial all-stock transaction valued at ... Read More

Vattenfall, BASF sign major offshore wind farm deal in German North Sea

businessnewstoday- April 24, 2024

Vattenfall and BASF have entered into a significant agreement whereby BASF will acquire 49% of Vattenfall’s Nordlicht 1 and 2 wind farms. These wind farms ... Read More

Tata Power Solar Systems partners with Indian Bank to enhance residential solar adoption

businessnewstoday- April 24, 2024

Tata Power Solar Systems Limited (TPSSL), a top solar company in India and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has joined ... Read More

Aramco eyes expansion in China with strategic stake in Hengli Petrochemical

businessnewstoday- April 24, 2024

Saudi Aramco, officially known as Saudi Arabian Oil Company, is exploring an expansion into China's chemical sector by acquiring a 10% stake in Hengli Petrochemical ... Read More

Marsa LNG project : TotalEnergies and OQ announce final investment decision

businessnewstoday- April 24, 2024

During a significant meeting in Muscat on April 21st, Patrick Pouyanné, Chairman and CEO of TotalEnergies, together with His Majesty Sultan Haitham bin Tariq Al ... Read More

TotalEnergies set to fully acquire SapuraOMV Upstream in $530.3m deal

businessnewstoday- April 23, 2024

TotalEnergies, a major player in the global energy sector, has announced plans to take complete ownership of SapuraOMV Upstream by purchasing the remaining 50% stake ... Read More

Aker BP commences production at Hanz oil and gas field in Norwegian North Sea

businessnewstoday- April 23, 2024

Aker BP has officially started production at the Hanz oil and gas field, located in license 028 B in the Norwegian North Sea. This development ... Read More

Mueller Industries to acquire Nehring Electrical Works Company for up to $600m

businessnewstoday- April 23, 2024

Mueller Industries, Inc. (NYSE: MLI), a prominent manufacturer in the metals sector, has announced a definitive agreement to acquire Nehring Electrical Works Company, along with ... Read More