Gas, welding, and operational services nexAir has acquired WELSCO, an Arkansas-based supplier of industrial and welding supplies.
The UK Labour party will soon get to work launching GB Energy following its landslide General Election win.
Abu Dhabi National Oil Company (ADNOC) has signed a $3bn (AED11 bn) green financing facility with Japan Bank for International Cooperation (JBIC).
Czech engineering company Mont-Tech has been acquired by Atlas Copco Group.
Zurich Insurance Group (Zurich) and broker Aon have launched a clean energy insurance facility which covers blue and green hydrogen projects globally, as well as CCUS, with capital expenditures of up to $250m.
Shell Nederland Raffinaderij is to ‘temporarily pause’ construction of its 820,000 tonnes-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam.
Emcovele, an Ecuador-based compressor distributor, has become part of Atlas Copco Group.
Global investment firm KKR and Spanish-based renewables group IGNIS are to launch a Power-to-X (P2X) platform to develop green hydrogen and ammonia for industrial applications.
The current energy landscape is a ‘paradox of change’ with the strong push towards low-carbon solutions offset by ongoing high consumption of petroleum and fossil fuels, according to a DNV survey.
The European Commission has approved, under EU State aid rules, an estimated €3bn German scheme to support the construction of the Hydrogen Core Network (HCN).
