Finance

Meritus Gas Partners has entered into a partnership with Missouri-based Hohenschild Welders Supply Company, a distributor of packaged gases and welding supplies.

Meritus Gas Partners has entered into a partnership with Washington-based OXARC.

Carbon dioxide (CO2) emissions have resulted in global warming. Decarbonisation to the point of carbon neutrality will be essential to avoid a climatic catastrophe. Amongst other things, this will require a switch from hydrocarbon fossil...

Atlas Copco has completed the acquisition of Trillium US and Argentina-based Asven SRL.

British power generation specialist Drax has paused its planned multi-million-pound investment programme in bioenergy and carbon capture and storage (BECCS) until the UK government provides clarity over its commitment to the project.

International hydrocarbon company Energean recorded an after-tax profit of $17.3m last year, a major improvement on the $96.2m loss in 2021.    

Ohio-based Worthington Industries has reported net sales of $1.1bn and net earnings of $46.3m for its fiscal 2023 third quarter (Q3), which ended 28th February 2023.

The wave of industrial disruption sweeping the UK is set to impact the oil and gas sector after 1,400 offshore workers voted to strike, according to Unite.

Chart Industries has completed the $4.4bn acquisition of air and gas handling products and service provider Howden.

The Saudi Arabian Oil Company (ARAMCO) has committed to expanding oil and gas production alongside low-carbon technologies after posting record net income of $161.1bn in 2022, its highest annual profits as a listed company.