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Clariant has completed the divestment of its North American Land Oil business to Dorf Ketal, a speciality chemicals manufacturer and service provider headquartered in India, for $14.5 million (€13.2 million) on 31 March.
Clariant’s North America business is a provider of chemical technologies and services to the oil and gas industry and generated sales of $115 million (€105 million) in…
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Ovo Energy is planning a takeover of Shell’s UK gas and electricity business - a move that would allow the British retail energy supplier to reclaim the number two spot in the British supply market.
Ovo is expected to propose an indicative offer for Shell Energy Retail (SERL) UK operation, the Sky News report added, citing sources. Shell Energy Retail has about 1.4 million customers.
In…
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Phillips 66 has received International Sustainability and Carbon Certification (ISCC) PLUS certification for its Sweeny Refinery in Texas to process oil made from waste plastics into feedstocks for new products.
“Phillips 66 is committed to keeping plastics out of the environment and driving toward a more circular economy where plastics packaging is reused, recycled or recovered,” said…
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Aramco has reported a record $161 billion (€150 billion) profit for last year, the largest annual profit recorded by an oil and gas company.
The largely Saudi state-owned company’s profits rose by 46% year on year and it made more than the recent bumper results reported by Shell, BP, Exxon and Chevron combined.
“Aramco delivered record financial performance in 2022, as oil prices…
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The European Investment Bank will strengthen support for green hydrogen investment in Kenya.
Thomas Östros, European investment bank vice-president and Professor Njuguna Ndung’u, Cabinet Secretary, National Treasury and Economic Planning signed the Joint Declaration on Renewable Clean Hydrogen followings discussions on green hydrogen investment with William Ruto, president of the Republic of…
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Evonik has started up a new hollow-fibre spinning plant for the production of gas separation membranes in Schörfling am Attersee in Austria.
The new production capacity enables the company to meet the ongoing strong demand for SEPURAN® membranes in biogas, nitrogen, hydrogen and natural gas applications.
Lauren Kjeldsen, head of the amart materials division, said: "The growth path of the…
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Shell Petroleum, a wholly owned subsidiary of Shell plc, has completed the acquisition of 100% of the shares of Nature Energy Biogas.
Shell has acquired the largest producer of renewable natural gas (RNG) in Europe, its portfolio of operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design, construction, and…
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WSG Industrial Services (WSG) has extended its reach into the European gas and petrochemicals sector with the acquisition of French company Nitrovia.
Nitrovia, based near Aix-en-Provence, provides a full range of services to the petrochemical, refineries and pipeline industries and has experienced strong growth since its inception by the Air Flow Group in October 2020.
WSG is the largest…
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Evides Industriewater will supply demiwater for Shell's green hydrogen plant over the next 15 years.
Ruben van Grinsven, general manager Integrated Hydrogen Projects of Shell and Annette Ottolini, managing director of Evides Waterbedrijf, signed the supply agreement.
Part of the agreement is the construction of a new demiwater pipeline to the hydrogen plant at the H2 Conversion Park in the…
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Oil and gas giant bp has recorded annual profits of $27.7 billion (€25 billion).
The company's profits more than doubled last year as energy prices soared after Russia invaded Ukraine.
Shell also recorded record-breaking profits last week.
BP boss Bernard Looney said the British company was “helping provide the energy the world needs” while investing the transition to green energy.
The…
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Shell has announced record annual profits after energy prices surged last year after Russia's invasion of Ukraine.
Profits hit $39.9 billion (€35 billion) in 2022, which is the highest in its 115-year history.
Energy firms have been making record profits after oil and gas prices jumped following the invasion of Ukraine.
Oil and gas prices had begun to rise after the end of lockdowns, but…
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KP Engineering (KPE), a leader in the design and execution of customised EPC solutions for the refining, syngas, hydrogen and renewable fuels industries, has announced the completed acquisition of its assets by The Shaw Group (Shaw), a leader in global pipe and module fabrication.
This strategic acquisition will further enable Shaw to deliver complete engineering, procurement, and fabrication…
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The United Nations Environment Programme (UNEP) will use data supplied by environmental intelligence company Kayrros for its International Methane Emissions Observatory initiative.
This is designed to dramatically reduce the concentration of methane in the atmosphere.
UNEP IMEO, which was launched at the G20 Summit in 2021, is set to transform the conventional approach to methane reduction…
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Howden, a leading global provider of mission critical air and gas handling products, technologies and services, has opened a new office in Singapore to expand its existing presence and support in APAC.
The new Howden office provides improved access to the company’s procurement, quality control, technical assistance and project execution in Singapore and other countries in south-east Asia.…
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TÜV Rheinland has signed an agreement to acquire ABB’s UK technical engineering consultancy - part of its energy industries division.
TÜV will integrate this part into its industrial services and cybersecurity business in the UK. The transaction is expected to close in the second quarter of this year.
ABB’s UK technical engineering consultancy including a network of subcontractors and…
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Parker Hannifin is set to present a wide range of solutions for covering all aspects of hydrogen production.
Parker is one of the firms at the forefront of hydrogen innovation and provides customers with solutions that address complex generation, transportation, storage, distribution, and utilisation needs, enabling wider adoption and faster access to greener and renewable energy sources.
In…
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Shell Petroleum has acquired 100% shareholding of Nature Energy Biogas for nearly $2 billion (€1.9 billion).
Nature Energy, based in Denmark, is a producer of renewable natural gas (RNG) from agricultural, industrial and household waste.
By purchasing the shares in Nature Energy, Shell will acquire the largest RNG producer in Europe, its portfolio of cash generative operating plants,…
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ABB has introduced its energy management system ABB Ability™ OPTIMAX® to the green hydrogen market to help reduce costs of production by enabling real-time visibility of energy consumption across operations.
Green hydrogen made via electrolysis – a process of using electricity from renewable sources to split water into hydrogen and oxygen – is widely considered an important energy…
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