LATEST HEADLINES

• Offshore Water Treatment Chemicals To Reach USD 3.7 Billion By 2033

  7/31/2025

  According to Research Intelo, the offshore water treatment chemicals market size reached USD 2.1 billion globally in 2024, driven by stringent environmental regulations and the increasing complexity of offshore oil and gas operations.

• Baker Hughes To Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy

  7/29/2025

  Baker Hughes (NASDAQ: BKR) and Chart Industries (NYSE: GTLS) (“Chart”) announced Tuesday they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion.

• API Statement On EPA Proposal To Repeal Vehicle Emissions Standards

  7/29/2025

  American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the Environmental Protection Agency announced a proposal to repeal the Biden administration's tailpipe emissions standards and restore consumer choice.

• Making Enhanced Oil Recovery Great Again: OBBA 45Q Tax Credit Shift Cuts E&P Costs By 40%

  7/29/2025

  Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages Generative AI across its solutions, has released a report accessing how the One Big Beautiful Bill Act (OBBA) impacts the the equalization of 45Q tax credits, especially as it enhances the economics of carbon dioxide enhanced oil recovery (CO_₂-EOR.)

• Global FLNG Capacity To More Than Triple By 2030

  7/29/2025

  Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy.