Current Headlines
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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.
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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.
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SLB Launches OnWave Autonomous Logging Platform
7/29/2025
Global energy technology company SLB today introduced the OnWave autonomous logging platform that enables more efficient and reliable acquisition of formation evaluation measurements in any well condition.
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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 (CO₂-EOR.)
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Petrobras' Oil And Natural Gas Production Increases 5% To 2.9 Million Barrels In The Second Quarter Of 2025
7/29/2025
Petrobras average production of oil, NGL and natural gas was 2.91 MMboed in 2Q25, 5.0% higher than 1Q25.
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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.
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John B. Hess Joins Chevron's Board Of Directors
7/29/2025
Chevron Corporation announced that John B. Hess has been appointed to Chevron’s Board of Directors. Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013.
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Christian Applauds President Trump And EPA Administrator Zeldin's Rollback Of Obama-Era Greenhouse Gas Ruling
7/29/2025
Today, the Trump Administration and Environmental Protection Agency (EPA) Administrator Lee Zeldin announced the agency will reverse the 2009 ill-named ‘endangerment finding’, which made greenhouse gases, including carbon dioxide (CO₂), pollutants subject to agency regulation.
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Cloudera And Aramco Plan To Collaborate On AI-Driven Digital Innovation In Saudi Arabia
7/28/2025
Cloudera, a leading hybrid platform for data, analytics, and AI, and Aramco, one of the world’s leading integrated energy and chemicals companies, have agreed on a Memorandum of Understanding (MoU).
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Pemex Announces Its Results For The Second Quarter Of 2025
7/28/2025
Petróleos Mexicanos (Pemex) announced its financial and operating results for the second quarter of 2025.