Friday – August 14, 2026

Finance

(Image credit: Hyliion)

Hyliion Wins Navy Contract and Raises Revenue Guidance After Strong Q2

Hyliion Holdings Corp. (Hyliion), a developer of modular power plant technology, has reported financial results for the second quarter ended June 30, ...

bp Launches Sale Process for North Sea Business

bp has announced that it is launching a process to market its North Sea business for a potential sale. ...

(Image credit: Shell)

Shell Sells Cyprus Aphrodite Gas Stake to MOL Group

Shell has reached an agreement to sell its 100%-owned subsidiary BG Cyprus Ltd. to MOL Group for up to $720 million, subject to customary adjustments ...

EU Clears Baker Hughes Takeover of Chart Industries with LNG Remedies

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Baker Hughes Company (Baker Hughes) of Chart Industries, ...

(Image credit: KONGSBERG)

Partners Make Significant Investment in Marine Innovation Simulation Centre of Excellence

KONGSBERG, Kongsberg Maritime, and the British Columbia Institute of Technology (BCIT) have announced a significant investment that will establish the Marine Innovation Simulation Centre of ...

Muhammad Tayyab, Regional Manager at Fulkrum.

Fulkrum Announces Continued Investment for Its Middle East Operations

Fulkrum, a global leader in inspection, expediting, auditing, asset integrity management and technical staffing services, has announced significant growth and investment for its Middle East ...

Left to right: Andy Sutherland, Founder and Director of Prism Energy, and Gordon Farmer, Board Director at Global.

Global Acquires Majority Stake in Prism Energy

Energy and infrastructure solutions provider, Global, has acquired a controlling stake in industry-leading project management & controls solutions provider, Prism Energy. The Aberdeen-based company, founded ...

TotalEnergies Sells Marjoram Gas Field Stake to INPEX Offshore Malaysia

TotalEnergies has announced the divestment to INPEX of its 85% interest in Block 2E offshore Malaysia, representing a net interest of 8.5% in the Marjoram ...

Shell LNG Banner

Global Demand for LNG Expected to Grow by 65% by 2050

Global demand for liquefied natural gas (LNG) is expected to increase to nearly 700 million tonnes a year by 2050, an increase of around 65% ...

The Troll C platform in the North Sea.

Equinor and Vår Energi Agree to Asset Swap on the Norwegian Continental Shelf

Equinor and Vår Energi have agreed to a swap of assets on the Norwegian continental shelf (NCS). The transaction enables further maturation of the Peon ...

SBM Logo

SBM Offshore Completes US$465 Million Financing of FSO Chalchi

SBM Offshore announces it has signed the project financing of FSO Chalchi for a total amount of US$465 million. The project financing is provided by ...

Deepwater Angola AEC

How Angola’s Deepwater Oil System Became a Blueprint for Investment-Led Energy Growth

Angola’s offshore petroleum sector is regaining momentum after a period of structural adjustment marked by declining deepwater output and delayed investment cycles. The rebound is ...

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