Woodside Energy has reported a strong first half for 2025, achieving net profit after tax of USD 1,316 million and operating revenue of USD 6,590 million, up 10 percent year-on-year. Production rose 12 percent to 99.2 million barrels of oil equivalent, supported by strong performance from the Sangomar project in Senegal, which delivered 100,000 barrels per day and generated nearly USD 1 billion in revenue.

The Board declared a fully franked interim dividend of 53 US cents per share, representing an 80 percent payout ratio of underlying profit.

Key projects advanced during the period, with Scarborough 86 percent complete, Trion 35 percent, and Beaumont New Ammonia 95 percent. Woodside also took a final investment decision on the Louisiana LNG Project and sold a 40 percent stake in its LNG infrastructure to Stonepeak, securing major funding support.

With operating cash flow of USD 3,339 million, liquidity of USD 8,430 million and gearing at 19.5 percent, Woodside emphasised its financial strength and disciplined capital management.

CEO Meg O’Neill said the results demonstrate the company’s ability to deliver strong shareholder returns today while progressing world-class growth projects to meet future energy demand.

For more information visit www.woodside.com

KBR is preparing to demonstrate its evolving approach to energy infrastructure at Gastech 2025, emphasising the need to combine established expertise with innovative technologies and skills to navigate the accelerating energy transition.

The engineering and construction company will present its vision for future-proofing infrastructure, projects, and workforce capabilities at the event, scheduled for September 9-12 at Fiera Milano. KBR will occupy Stand D92 to showcase how digital tools, low-carbon fuels, and workforce transformation must integrate to secure energy systems for future decades.

The company brings substantial credentials to the energy sector, having contributed to more than 30 percent of the world’s installed LNG capacity over the past four decades. KBR is now adapting this project delivery expertise to address growing complexity in the energy landscape, including the integration of artificial intelligence into engineering operations, infrastructure adaptation for hydrogen and ammonia applications, and strategies to address the global energy skills gap.

Several KBR executives will participate in key panel discussions throughout the conference. Andy Webster, director of digital, will explore how AI is transforming asset performance and operational decision-making in energy systems. Ameet Kakoti, director of clean ammonia & hydrogen, will address ammonia’s expanding role as both a hydrogen carrier and low-carbon fuel option. Chief people officer Jenni Myles will tackle the global energy skills shortage, highlighting KBR’s initiatives in inclusive hiring, upskilling programmes, and career pathway development for the next-generation workforce.

Paul Baillie, senior vice president of KBR’s Integrated Solutions International business, articulated the company’s comprehensive approach to industry evolution. He emphasised that as global energy demand transforms, the company must build upon its industry expertise and delivery capabilities to revolutionise project execution and enable future delivery of more resilient and adaptable energy systems.

Baillie stressed that the company’s strategy extends beyond incremental innovation, focusing instead on the alignment of modular project design, digital delivery methods, and an adaptable workforce to enable meaningful progress. He indicated that Gastech provides an opportunity to demonstrate how KBR is implementing this integrated approach with clients, partners, and emerging talent.

KBR’s market position combines complex project delivery expertise with a portfolio of more than 80 proprietary licensed technologies and an expanding suite of digital and AI-powered engineering tools. The company delivers scalable, sustainable solutions from concept through completion using flexible commercial models, while maintaining extensive project and programme management capabilities.

The company is actively investing in addressing the global energy skills gap through innovative training programmes and inclusion initiatives, positioning itself to support the industry’s evolving workforce requirements as the energy transition continues to accelerate.

For more information visit www.kbr.com/en

Canada’s emerging liquefied natural gas (LNG) export industry has reached a major achievement with its first major overseas shipment, prompting strategic infrastructure investments to support the sector’s growth.

In mid-July, LNG Canada delivered the country’s first major LNG shipment overseas, transporting the cargo from Kitimat, British Columbia to Tongyeong, South Korea. Additional tankers have followed as the company transitions into routine service operations during the third quarter, marking the industry’s entry into commercial-scale export activities.

The West Coast LNG sector continues to expand with several facilities under construction or in development across British Columbia. These projects include the Cedar LNG facility in Kitimat, the Woodfibre LNG facility in Squamish, and the Ksi Lisims LNG facility in Gingolx. Notably, Enbridge holds a 30% ownership stake in the Woodfibre LNG project.

In response to the sector’s growth trajectory, Enbridge announced during its second-quarter financial earnings call on August 1 that the company is expanding its Aitken Creek gas storage facility located north of Fort St. John. The C$0.3-billion expansion will add 40 billion cubic feet (Bcf) of storage capacity to the facility, which currently provides the only underground gas storage infrastructure in the province.

The expansion will increase Aitken Creek’s total storage capacity to just under 120 Bcf, providing essential operational flexibility for Western Canada’s LNG export sector while enhancing energy reliability for British Columbia and U.S. Pacific Northwest residents, particularly during winter heating periods. The expanded facility is expected to commence operations in spring 2028.

Greg Ebel, Enbridge’s president and CEO, emphasised the strategic importance of the expansion during the company’s second-quarter earnings call. He noted that the expansion of the Aitken Creek storage facility will support the growing Canadian LNG market while optimising other expansions underway on the West Coast system. The project aims to provide customers with critical operational flexibility in a rapidly developing regional energy landscape, particularly in support of LNG operations.

The infrastructure investment reflects the broader transformation of Canada’s energy sector as the country establishes itself as a significant player in the global LNG market, leveraging its substantial natural gas resources and strategic Pacific Coast positioning to serve international customers.

For more information visit www.enbridge.com

The Association for Materials Protection and Performance (AMPP), the world’s largest nonprofit dedicated to materials protection and performance, is proud to recognise its Board Chair, Juan Caballero, on his appointment as coordinator of the corrosion commission for the Panamanian Society of Engineers and Architects (SPIA).

Caballero’s new role with SPIA reflects his distinguished career, proven leadership, and dedication to advancing corrosion prevention locally and globally. As corrosion commission coordinator, he will guide the commission’s work in alignment with SPIA’s strategic objectives, leading initiatives to promote the profession, strengthen technical expertise, and foster the exchange of best practices in corrosion control. He will also represent the commission in national and international forums, ensuring Panama’s voice is present in global infrastructure conversations.

As AMPP’s Board Chair, Caballero is pivotal in guiding the organisation’s mission to protect critical assets and infrastructure worldwide. He has been instrumental in advancing standards, training, and professional development programmes that help ensure safety, security, and sustainability through corrosion control. His leadership in both AMPP and SPIA uniquely positions him to bridge Panama’s engineering priorities with international best practices, strengthening collaboration between the national and global engineering communities.

“Juan’s appointment to lead SPIA’s Corrosion Commission is a well-deserved recognition of his expertise and vision,” said AMPP CEO Alan Thomas. “His ability to connect Panama’s infrastructure needs with global solutions will bring lasting value to both SPIA and AMPP’s shared mission of protecting the world’s critical assets.”

Caballero has extensive experience leading multidisciplinary teams, implementing corrosion prevention strategies, and contributing to industry-wide initiatives across Latin America. His dual leadership roles underscore the importance of collaboration between national engineering organisations and global associations in tackling infrastructure challenges.

To learn more about AMPP and its global initiatives, please explore www.ampp.org 

Baker Hughes has reached a significant milestone in its global manufacturing strategy with the successful export of its first Sub-Surface Safety Valve (SSSV) manufactured in Saudi Arabia to a customer in Italy. The company describes this achievement as historic for both Baker Hughes and the broader energy sector.

The export represents a major advancement in Baker Hughes’ commitment to developing local manufacturing capabilities while contributing to the global energy infrastructure supply chain. The milestone also signals Saudi Arabia’s growing prominence as a manufacturing hub for critical energy sector components, particularly in the specialised field of safety valve production.

According to the company, each valve produced undergoes comprehensive quality assurance protocols and functional testing procedures designed to meet or exceed stringent global industry standards. This rigorous testing framework ensures that the Saudi-manufactured products maintain the same performance and reliability standards as Baker Hughes’ established manufacturing facilities worldwide.

The achievement reflects Baker Hughes’ broader strategic initiative to localise advanced manufacturing operations while preserving high-performance standards and reliability across its product portfolio. This approach allows the company to expand its global manufacturing footprint while contributing to local economic development and technical expertise in key markets.

Baker Hughes emphasised that the milestone was made possible through the dedication and collaboration of its entire team involved in the Saudi Arabian manufacturing operations. The company positions this achievement as part of its broader mission to shape the future of energy both locally and globally.

The successful export marks a significant step in the evolution of Saudi Arabia’s industrial capabilities, demonstrating the kingdom’s capacity to produce highly specialised energy sector equipment that meets international quality standards and serves global markets.

For more information visit www.bakerhughes.com

ITM Power has announced a significant milestone in the UK’s green hydrogen sector with the signing of a supply agreement and binding heads of terms for a long-term services agreement with MorGen Energy. The partnership centres on the 20MW West Wales Hydrogen project located in Milford Haven, UK.

The project represents a major step forward under the UK Government’s HAR1 initiative. With permits already secured and commercial terms with project stakeholders nearing completion, the development is progressing steadily toward its Final Investment Decision. The project is expected to break ground before the end of the calendar year.

Central to the project is ITM Power’s POSEIDON platform, a 20MW modular electrolyser system that reinforces the company’s position as a leader in scalable, high-performance green hydrogen solutions. The technology deployment marks a significant application of advanced electrolyser capabilities in the UK market.

Werner Lieberherr, CEO of MorGen Energy, emphasised the project’s broader significance for Wales and the UK. He described the West Wales Hydrogen Project as “a cornerstone of our vision for a cleaner, more resilient energy future” and highlighted the partnership’s potential to serve as both a pioneering energy initiative and an economic catalyst. Lieberherr noted that the project aims to create high-value jobs, strengthen supply chains, and position Wales at the forefront of the green hydrogen economy while delivering environmental impact and lasting prosperity for local communities.

Dennis Schulz, CEO of ITM Power, characterised the contract as “a major milestone for ITM Power and the UK hydrogen sector.” He emphasised that the selection for the West Wales Hydrogen Project demonstrates confidence in the company’s technology and delivery capabilities, as well as recognition of green hydrogen’s critical role in the energy transition. Schulz expressed pride in partnering with MorGen Energy to implement POSEIDON technology in a project of national significance.

The announcement signals continued momentum in the UK’s green hydrogen sector, with the West Wales project serving as an example of how government initiatives, advanced technology, and strategic partnerships are converging to advance the nation’s clean energy objectives.

For more information visit www.itm-power.com

Coastal Bend LNG, the developer of a natural gas liquefaction and export facility along the Texas Gulf Coast, announced its partnership with ClassVI.AI to prepare its Federal Energy Regulatory Commission permit application using artificial intelligence solutions. The collaboration involves the American start-up’s specialised AI technology designed to expedite permitting processes for energy infrastructure projects.

The FERC permit application process requires multiple comprehensive exhibits that detail project features, environmental impact assessments, engineering designs, and community engagement plans. ClassVI.AI’s neuro-symbolic AI solution has been specifically developed to prepare content that addresses FERC’s complex permit requirements, streamlining what has traditionally been a labour-intensive administrative process.

Nick Flores, CEO of Coastal Bend LNG, emphasised the strategic value of integrating AI technology into the company’s permitting workflow. “Embedding ClassVI.AI’s secure, generative AI solutions into our permitting workflow is accelerating our preparation for the FERC pre-filing and application process,” he stated. Flores highlighted that the AI implementation allows the company to streamline internal processes while enabling teams to maintain focus on critical areas such as community engagement and operational excellence.

The partnership represents a significant application of artificial intelligence in energy infrastructure development, where regulatory compliance and permit preparation have historically required extensive manual documentation and review processes. By automating portions of the administrative work, the collaboration aims to reduce preparation time while maintaining the quality and accuracy required for regulatory submissions.

Eric Redmond, CEO of ClassVI.AI, explained the company’s mission to transform energy infrastructure permitting through AI solutions. “Our AI solutions are specifically designed to remove the administrative burden from energy infrastructure permitting so companies like Coastal Bend LNG can focus on delivering high quality results for all of their stakeholders,” he noted.

Coastal Bend LNG has scheduled the commencement of its FERC pre-filing process for 2025, representing a critical milestone in the facility’s development timeline. To ensure regulatory compliance and accuracy, all filings prepared using the AI system will undergo thorough review by the Energy Regulatory practice of Skadden, Arps, Slate, Meagher & Flom LLP prior to submission to FERC.

The partnership between Coastal Bend LNG and ClassVI.AI represents an innovative approach to addressing the traditionally complex and time-consuming aspects of energy infrastructure permitting, potentially setting a precedent for how AI technology can be effectively integrated into regulatory compliance processes within the energy sector.

For more information visit www.coastalbendlng.com

Cheniere Energy, Inc. published its 2024 Corporate Responsibility Report, titled “Together, We Deliver,” which showcased the company’s significant role in addressing global energy security needs through reliable LNG supply. The report emphasised how stakeholder support, including contributions from employees, communities, and shareholders, enabled the company’s mission to meet growing worldwide energy demand.

Jack Fusco, Cheniere’s president and chief executive officer, described the privilege of sharing the company’s 2024 accomplishments and reiterated the organisation’s commitment to safely and responsibly meeting global demand for reliable and affordable energy. He highlighted the company’s focus on enhancing energy security while delivering substantial benefits to the United States and customers worldwide.

“Looking ahead, we were focused on safely delivering supply to meet LNG demand, while advancing the environmental competitiveness and sustainability of our LNG,” Fusco stated in the report. He emphasised the company’s commitment to working collaboratively to responsibly deliver reliable, competitive, and integrated LNG sources within a safe and rewarding work environment.

The 2024 Corporate Responsibility Report revealed several key achievements that demonstrated Cheniere’s industry leadership. The company produced 11 percent of global liquefied natural gas in 2024, including a substantial 25 percent of the LNG imported by Europe, highlighting its critical role in European energy security.

In terms of environmental commitments, Cheniere established a voluntary Scope 1 methane emissions intensity target of 0.03 percent across its two liquefaction facilities by 2027. The company also updated its life cycle assessment methodology to include a novel gas-pathing algorithm, which improved the estimation of greenhouse gas emissions throughout its supply chain.

The report documented significant progress on growth initiatives, including the production of first LNG from Train 1 of the company’s Corpus Christi Liquefaction Stage 3 expansion. This milestone represented a major step forward in expanding the company’s production capacity to meet growing global demand.

Safety performance remained a cornerstone of Cheniere’s operations, with the company achieving a 0.15 Total Reportable Incident Rate, placing it in the top quintile for safety performance within the industry. This achievement underscored the company’s commitment to maintaining the highest safety standards across its operations.

Community engagement continued to be a priority, with Cheniere contributing $5.8 million in direct giving and approximately 11,000 volunteer hours in support of local communities. These efforts demonstrated the company’s dedication to being a responsible corporate citizen and supporting the areas where it operates.

The full 2024 Corporate Responsibility Report, along with previous reports and accompanying materials, became available in the Our Responsibility section on cheniere.com, providing stakeholders with comprehensive access to the company’s sustainability and responsibility initiatives.

For more information visit www.cheniere.com

OPW Retail Fueling, a global leader in fluid-handling solutions, today announced the launch of its 71SO Segmented Drop Tube, the latest innovation in overfill prevention technology. Designed to raise the bar in installation efficiency and logistical ease, the segmented version of the OPW Retail Fueling 71SO Overfill Prevention Valve offers all the performance benefits of the original – now in a more flexible, shippable and user-friendly format.

Building on the success of the CARB-certified 71SO Overfill Prevention Valve, which has become an industry standard for its automatic operation, vapour-tight integrity and ease of installation, the new 71SO Segmented Drop Tube enhances convenience by dividing the drop tube into four interlocking sections. This modular design allows for:

•  Easier Shipping and Storage: The compact, segmented format significantly reduces packaging size, simplifies logistics and minimises freight costs.
• Simplified Onsite Assembly: Installers can easily piece together the drop tube onsite without the need for special tools, heavy machinery, or additional manpower.
• No Compromise on Performance: The 71SO Segmented Drop Tube retains the original model’s breakthrough two-stage positive shut-off mechanism, ensuring the same reliable overfill prevention with no pre-checks, resets, or overrides.

“At OPW Retail Fueling, we are fuelled by excellence and guided by a commitment to making our customers’ operations safer, smarter and more sustainable,” said Ed Kammerer, vice president, global product marketing at OPW Retail Fueling. “The new 71SO Segmented Drop Tube is a direct result of that commitment. It reduces installation time, shipping challenges and labour costs, all while continuing to offer the best-in-class overfill prevention that customers have come to expect from OPW Retail Fuelling.”

The 71SO Segmented Drop Tube is ideal for both new and retrofit applications, compatible with 4-inch fill risers. The four 5-foot segments can be customised to fit tank diameters of 8-12 feet, with an overall length exceeding 223 inches. It is available in multiple configurations to meet site-specific needs: testable and non-testable, as well as vapour-tight and non-vapour-tight.

The 71SO Overfill Prevention Valve offers numerous advantages over antiquated overfill warning systems. Installation is streamlined and cost-effective, requiring no excavation or special manholes. Its automatic shut-off activates when the tank reaches 95% capacity, significantly reducing the risk of spills. A bypass valve enables topping off at a rate of 98% through a reduced flow rate of 5 gpm, after which the valve closes completely to halt delivery. The system operates without relying on internal tank pressure, allowing for faster and safer fueling. By keeping the top of the tank dry, the design also meets EPA compliance for leak prevention, eliminating the need for additional containment or vent lines.

To learn more visit www.opwglobal.com

Noord Natie Odfjell Antwerp Terminal has been awarded the prestigious Voka Sustainable Entrepreneurship Charter for 2025, marking another milestone in the terminal’s commitment to environmental and social responsibility. The recognition comes following the successful implementation of 10 new sustainability initiatives aligned with the 17 United Nations Sustainable Development Goals (SDGs).

The terminal operator earned the accolade after undergoing a comprehensive evaluation by an external committee, which assessed the company’s sustainability efforts and their measurable impact. This achievement represents the second consecutive year that Noord Natie Odfjell Antwerp Terminal has received this distinguished recognition from Voka – Kamer van Koophandel Antwerpen-Waasland.

The company’s sustainability programme encompasses a broad range of initiatives targeting key areas including energy efficiency, educational partnerships, employee well-being, and biodiversity conservation. These efforts demonstrate the terminal’s holistic approach to sustainable business practices that extend beyond operational efficiency to encompass broader environmental and social impact.

“The charter serves as both recognition and motivation for Noord Natie to continuously advance its sustainability policy,” the company stated. The award reflects the collective efforts of the terminal’s workforce, strategic partners, and the supporting framework provided by the Antwerp-Waasland Chamber of Commerce.

Looking ahead, Noord Natie Odfjell Antwerp Terminal has committed to implementing an additional 10 sustainability actions in the coming period, reinforcing its dedication to continuous improvement in environmental stewardship and sustainable business practices. This forward-looking approach positions the terminal as a leader in sustainable port operations within the region.

The Voka Sustainable Entrepreneurship Charter programme recognises companies that demonstrate exceptional commitment to integrating sustainability principles into their core business operations while contributing to the achievement of the UN’s Sustainable Development Goals.

For more information visit www.noordnatie.be

Blackmer, a brand of PSG, a Dover company, and a global leader in rotating pumps and reciprocating compressor technologies, has announced the global launch of its new Hydraulic Adapter Kit for upgrading Blackmer^® LB080 and LB160 Series Reciprocating Gas Compressors.

Designed to meet the evolving needs of mobile LPG applications, the Hydraulic Adapter Kit (patent pending) seamlessly transforms existing compressor setups into compact, chassis-mounted, hydraulically driven systems. This easy-to-install package eliminates the need for flywheels, reducing weight and footprint while improving performance in the field. In addition to being a retrofit solution, the Hydraulic Adapter Kit is also available as a factory-installed option.

“Operators in mobile LPG applications face constant pressure to reduce weight, save space and boost efficiency,” said Ron Crouch, product management director of Blackmer. “The Blackmer Hydraulic Adapter Kit directly addresses those pain points by making upgrades easier and more effective, without the cost and complexity of a full system overhaul.”

The Hydraulic Adapter Kit helps operators of small LPG applications:

• Save space by eliminating bulky flywheels
• Reduce weight to improve mobility and fuel economy
• Increase fuel efficiency to help lower operating costs
• Simplify installation, with no shaft alignment required
• Minimise downtime with quick and easy integration

“Whether you’re upgrading an older system or building out new applications, the Hydraulic Adapter Kit is crucial to a successful mobile LPG operation,” said Crouch. “It’s a straightforward, cost-effective solution for customers who want to upgrade their compressors.”

For more information on Blackmer, please visit www.blackmer.com

Greenergy, a leading European producer of biodiesel from waste materials, has announced a ten-year extension to its lease agreement with the Port of Amsterdam, signaling a strong long-term commitment to biofuel production operations in the Netherlands. The lease extension underscores the company’s confidence in the Dutch market and regulatory environment for renewable fuels.

The announcement comes following substantial investments Greenergy has made since acquiring the Amsterdam biodiesel plant in 2018. The company has undertaken significant facility upgrades to convert the plant for manufacturing biodiesel from waste oils, positioning it as a key contributor to the circular economy approach to fuel production.

Source:Greenergy

Most recently, Greenergy completed expansion works in 2024 that increased the plant’s production capacity by 25 percent. These enhancements have enabled the facility to process a broader range of waste oils, directly addressing the rising demand for waste-based biofuels across European markets. The expanded capabilities reflect the growing emphasis on sustainable fuel alternatives that utilise waste materials rather than virgin feedstocks.

The investments align strategically with supportive policy developments in the Netherlands, where the government has implemented measures to encourage increased biofuel adoption. Dutch authorities have established clear policy frameworks to progressively increase official biofuel mandates over the next five years, setting higher maximum blending rates for biofuels with conventional diesel and petrol. This regulatory certainty has created sustained market demand that supports long-term business planning and investment.

“Our extended lease agreement with the Port of Amsterdam demonstrates our commitment to the production of biodiesel in the Netherlands, where there is support for the industry and clear long-term policies for use of biofuels,” stated Adam Traeger, CEO of Greenergy. “In contrast to neighbouring countries, the Dutch Government has committed to significantly increase the maximum amount of biofuels that can be blended with diesel and petrol in the coming years. Our investment enables the continued production of biodiesel in Amsterdam and ensures we can play a key role in decarbonising European transport through the sustainable production of waste-based biodiesel. Where we see the necessary policy certainty, we are prepared to invest.”

The Port of Amsterdam has welcomed the extended partnership, viewing it as validation of the port’s strategy to position itself as a renewable energy hub. Koen Overtoom, CEO of Port of Amsterdam, emphasised the mutual benefits of the arrangement: “We are proud to extend our partnership with Greenergy, reinforcing our shared commitment to attracting and supporting renewable fuel production at the port of Amsterdam. This lease extension highlights our mutual ambition to reduce CO₂ emissions and supports our strategic vision to position the Port of Amsterdam as a key hub and destination for renewable fuels. We look forward to continuing our successful collaboration in the coming years, enabling Greenergy to make optimal use of its facilities and the available port infrastructure.”

The lease extension reflects broader trends in the European energy transition, where waste-based biofuels are increasingly recognised as crucial components in reducing transportation sector emissions. By processing waste oils that would otherwise require disposal, facilities like Greenergy’s Amsterdam plant contribute to both waste management solutions and renewable fuel supply chains.

The partnership between Greenergy and the Port of Amsterdam demonstrates how industrial infrastructure can be leveraged to support the energy transition, with established port facilities providing the logistics capabilities necessary for large-scale biofuel production and distribution across European markets.

For more information visit www.greenergy.com

Aster today announced the signing of a Memorandum of Understanding (MOU) to invest in and partner with Aether Fuels Pte. Ltd. (Aether), a Singapore- and U.S.-based startup pioneering breakthrough production technology for cost-competitive sustainable liquid fuels. This partnership marks the strategic launch of Aster Ventures, the company’s new investment arm dedicated to providing synergistic capital to support Aster’s core energy, chemicals and infrastructure business across Singapore and the broader Southeast Asia region.

The collaboration represents Aster’s inaugural investment through its newly established venture capital platform, positioning the company at the forefront of sustainable fuel innovation in the region. Aether’s cutting-edge technology focuses on converting waste carbon feedstock into liquid fuels, aligning with Aster’s sustainability objectives and operational capabilities.

“We are delighted to launch Aster Ventures and support Aether as our inaugural investment,” said Erwin Ciputra, Group CEO of Aster. “We find Aether to be an exciting high velocity startup that has the potential capability of converting waste carbon feedstock into liquid fuels within our Bukom and Jurong asset ecosystem. This is part of Aster’s ongoing commitment to seek to reduce the carbon intensity of our operations within our overall sustainability agenda.”

The partnership has garnered strong support from existing investors, with Phil Inagaki, chief investment officer and managing partner at Xora, expressing enthusiasm for the collaboration. “We look forward to welcoming Aster Ventures to Aether’s investment syndicate as we work together to accelerate the future of global clean fuels,” Inagaki stated. “We’re encouraged by Aster’s commitment to support breakthrough innovations like Aether’s Aurora™ technology, and its leadership in advancing the decarbonisation of Singapore’s industrial ecosystem. This partnership underscores Singapore’s unique ability to catalyse deep tech solutions for global impact.”

Conor Madigan, CEO of Aether Fuels, emphasised the strategic value of partnering with Aster’s established infrastructure and regional expertise. “Aether is proud to partner with Aster and leverage their extensive regional expertise and infrastructure,” Madigan commented. “This collaboration will accelerate our efforts to bring sustainable fuels to market globally and lay a solid foundation for future projects in the region. We appreciate their confidence in our technology, team, and business strategy.”

Under the terms of the MOU, Aster and Aether will collaborate to leverage Aster Group’s owned assets within its pioneering refinery on Bukom Island in Singapore to accelerate the scale-up of Aether’s business and technology development. The partnership is designed to utilise Aster’s existing infrastructure to support the commercialisation of Aether’s sustainable fuel production technology, creating synergies between established industrial capabilities and innovative clean technology solutions.

This initial cooperation agreement is intended to serve as a platform for expanded collaborations in the future, potentially extending the partnership’s scope as both companies advance their respective sustainability and growth objectives. The partnership reflects Singapore’s growing role as a hub for clean technology innovation and the transition toward more sustainable industrial processes in Southeast Asia.

For more information visit www.aster.com.sg

The Americas LNG Summit & Exhibition will return to Lake Charles, Louisiana, from 19-21 October 2025, bringing together energy leaders to examine LNG’s role in economic growth, energy security and the global energy transition.

The three-day event marks the 21st edition of a summit that has connected the Americas LNG industry with the global energy sector for more than two decades. This year’s gathering takes place during a period of anticipated growth and investment in the sector, particularly following significant changes in US LNG policy.

Comprehensive programme addresses industry priorities

Under the theme “building global energy security, fueling domestic growth”, the summit will welcome over 2,000 attendees from more than 50 countries. The event features 150 speakers across 40 conference sessions, alongside an international exhibition hosting over 100 regional and international companies.

The programme encompasses the strategic conference, technical conference, and Americas LNG Awards evening, complemented by the Leaders of Tomorrow programme. New additions for 2025 include the Americas LNG Golf tournament and networking roundtable discussions, expanding opportunities for industry engagement.

Senior industry figures headline speaker roster

The strategic conference will feature prominent industry executives and former government officials. Dan Brouillette, the 15th secretary of energy of the United States, leads a speaker lineup that includes chief executives from major LNG companies and project developers.

Notable participants include Marco Alverà, chief executive of TES, and Akshay Kumar Singh, managing director and CEO of Petronet LNG Limited. Representatives from financial institutions, trading houses, and engineering companies will contribute perspectives across the LNG value chain.

Corporate leaders from Williams, Commonwealth LNG, Energos Infrastructure, and Cheniere will address strategic developments in the sector. Investment banking executives from Mizuho Greenhill, Macquarie Energy, and Moelis will examine financing trends and market dynamics.

Local partnerships strengthen regional connections

The event builds upon established relationships with key local partners, reinforcing Lake Charles’ position as a significant LNG hub. Collaborating organisations include the city of Lake Charles, visit Lake Charles, and the port of Lake Charles.

Regional partners encompass Cameron Parish Port, Harbor and Terminal District, SWLA Economic Development Alliance, and Calcasieu Parish Police Jury. The Louisiana Chamber of Commerce Foundation provides additional local support for the gathering.

Exhibition platform connects supply chain participants

The international exhibition will provide a platform for the supply chain to engage with existing and planned LNG projects alongside engineering, procurement and construction counterparts. More than 100 leading regional and international companies will participate in the commercial showcase.

Event sponsors include Commonwealth LNG, TC Energy, KBR, Bechtel, Chart, Cheniere, Energos, Poten & Partners, and Ebara Elliott Energy, demonstrating broad industry support for the milestone edition.

The summit’s return to Lake Charles reflects the region’s growing importance in global LNG markets, with the city serving as a strategic location for liquefaction facilities and related infrastructure development.

For more information visit https://bit.ly/3UnbWO7

EnQuest has successfully completed a significant decommissioning achievement following the safe removal of the Heather Alpha topsides on 11 August, marking the largest single lift operation planned in the North Sea this year.

The Allseas-owned Pioneering Spirit heavy lift vessel executed the operation, removing the 15,300-tonne topsides structure in a single lift. The milestone represents the culmination of extensive preparation work undertaken by EnQuest’s in-house decommissioning team in collaboration with Allseas and specialist contractors.

Click on the image to be directed to the video

established track record supports complex operation

The successful lift builds upon EnQuest’s established decommissioning performance record, which places the group in the top quartile of industry operators. Over the past three years, the company has completed the plugging and abandonment of more than 80 North Sea wells, demonstrating consistent execution capabilities across complex offshore projects.

The heavy lift operation required three years of meticulous planning, engineering and offshore preparation work. Despite the extensive preparatory phase, the Pioneering Spirit completed the actual lift operation in approximately 14 seconds, showcasing the precision required for such large-scale operations.

sustainable approach maximises material recovery

The removed Heather topsides are currently in transit to Frederikshavn in Denmark, where the structure will undergo dismantling operations with continued emphasis on safe procedures. The decommissioning strategy prioritises environmental responsibility, with expectations that more than 95% of the structure will be recycled and repurposed.

This approach ensures maximum material recovery whilst minimising the project’s carbon footprint, aligning with industry best practices for sustainable decommissioning operations.

industry milestone concludes decades of north sea service

John Allan, EnQuest’s decommissioning director, emphasised the significance of the achievement for the project team and broader industry. “The removal of the Heather Alpha topsides is a tremendous accomplishment for the EnQuest team, as well as our colleagues at Allseas and across the project support network,” Allan stated.

The operation marks the end of nearly 50 years of operational service for Heather Alpha in the North Sea. Allan positioned the project as setting new standards for decommissioning excellence, describing the platform’s legacy as “an exemplar of a best-in-class decommissioning project, from inception to the responsible recycling of its materials”.

The successful completion reinforces EnQuest’s position as a leading operator in North Sea decommissioning activities, whilst demonstrating the industry’s capacity to execute complex offshore operations safely and sustainably.

For more information visit www.enquest.com

Lutz Pumpen has developed a novel filling tool designed to address costly machine breakdowns caused by inadequate lubrication in construction, agricultural and industrial sectors. The Lutz Lube Drive system transforms a standard cordless screwdriver into a pump motor, significantly streamlining maintenance processes.

maintenance challenges create costly operational disruptions

Unplanned equipment failures due to poor lubrication practices continue to plague various industries, resulting in substantial financial losses. Andreas Rössler, sales manager at Lutz Pumpen, illustrated the problem with a scenario involving a Berlin construction site where an excavator breakdown threatened project timelines.

“Although operators generally know the benefits of regular maintenance, centralised lubrication systems are often filled improperly, which leads to unexpected and costly failures,” Rössler explained. The excavator’s bearing damage, attributed to insufficient lubrication, exemplifies how neglected maintenance can disrupt critical operations.

traditional filling methods present operational barriers

Current lubrication practices often rely on labour-intensive manual methods that discourage regular maintenance. Operators typically fill grease into centralised lubrication systems using spatulas, hand pumps, or pneumatic pumps, transferring material from containers into machinery systems.

Rössler identified these conventional approaches as problematic, noting that manual filling represents “a laborious undertaking” whilst pneumatic connections are typically unavailable and create logistical challenges due to their bulk.

cordless screwdriver integration revolutionises pump design

The Lutz Lube Drive addresses these operational challenges through innovative engineering that leverages readily available tools. The system functions as an eccentric screw pump tube specifically designed to be powered by commercial cordless screwdrivers.

“This is the world’s first eccentric screw pump tube that can be driven by a commercially available cordless screwdriver,” Rössler stated. The design eliminates the need for users to transport systems equipped with heavy and expensive pneumatic motors, making grease pumping significantly more manageable.

technical specifications enable efficient lubrication delivery

The steel-constructed pump tube operates with containers ranging from 10 to 60 kilograms of grease capacity. Users position the eccentric screw pump tube within the grease container, then attach a cordless screwdriver with bit holder to initiate pumping operations.

The cordless screwdriver drives a metal rotor that delivers grease consistently through connected hoses into centralised lubrication systems. The system achieves delivery volumes up to two kilograms per minute whilst maintaining compatibility with all commercially available greases up to NLGI-2 specifications.

The pumps are scheduled for market availability this spring, offering construction, agricultural and industrial operators an accessible solution for improving machinery maintenance practices.

For more information visit www.lutz.group

The global liquefied natural gas industry will gather in Istanbul this December as the World LNG Summit & Awards celebrates its 25th anniversary, bringing together over 1,000 attendees from across the energy value chain.

Hosted by BOTAŞ, Turkey’s state pipeline company, the four-day event from 2-5 December will welcome more than 120 senior speakers and representatives from over 500 companies spanning 50 countries. The summit will address critical industry themes including geopolitical disruptions, market evolution, energy security expansion, and decarbonisation efforts under the banner “expanding energy horizons”.

strategic location reinforces turkey’s energy ambitions

Istanbul’s position at the crossroads of Europe and Asia makes it an ideal venue for global LNG discussions, according to organisers. The city’s strategic location connects key energy markets whilst embodying the intersection of diverse energy landscapes.

Abdulvahit Fidan, chairman and managing director of BOTAŞ, emphasised Turkey’s growing role in the sector: “Turkey is at the forefront of this transformation. By securing long-term supply agreements and expanding critical infrastructure – including state-of-the-art terminals and interconnectors – we are diversifying energy sources and strengthening our position as a key regional gas hub.”

The Turkish executive highlighted the country’s contribution to European energy resilience through strategic partnerships and innovation, noting the importance of ensuring stability amid evolving geopolitical challenges.

comprehensive programme addresses industry priorities

The summit will feature an expanded programme including the strategic conference, leadership roundtables, and the World LNG Awards evening. A newly introduced traders’ forum reflects the industry’s growing focus on commercial dynamics and market mechanisms.

Industry leaders from across the global value chain are confirmed to participate, including executives from major players such as Cheniere, Shell, ExxonMobil, PetroChina International, and Nigeria LNG. Representatives from infrastructure developers, trading houses, and regulatory bodies will contribute to discussions on market development and policy frameworks.

LNG’s evolving role in global energy transition

The summit comes as LNG continues to play a significant role in meeting growing global energy demand whilst serving as a bridging fuel in the transition towards lower emissions. Industry participants will examine how LNG delivers enhanced market resilience and supports reduced reliance on coal-fired generation.

The event’s timing reflects the sector’s focus on balancing immediate energy security needs with longer-term decarbonisation goals. Discussions will explore how technological innovation and strategic partnerships can unlock opportunities for a more sustainable energy future.

Sponsors supporting the 25th anniversary summit include Cheniere, Venture Global, Commonwealth LNG, NLNG, Bechtel, MidOcean Energy, Mitsui O.S.K. Lines, Poten & Partners, and Sempra Infrastructure, demonstrating broad industry backing for the milestone event.

To find out more about the agenda, speakers and registration, please visit https://bit.ly/4mdg7bi

Metso has announced a new partnership with Millennium Machinery Parts and Service, Corp, strengthening the company’s market coverage and customer support capabilities across the Caribbean region and Latin America. The collaboration represents a significant expansion of Metso’s distribution network in these key markets.

The partnership combines the complementary strengths of both organisations, positioning customers throughout the region to benefit from enhanced support services and access to a broader range of specialised equipment and solutions tailored to local market needs.

Enhanced Regional Coverage

According to Federico Villalba, director of distributor management Organisation for Metso’s South America Region, the company is pleased to welcome Millennium to its distribution network. Villalba emphasised that Millennium brings extensive market knowledge and expertise to the partnership, with a demonstrated commitment to providing dedicated customer support and customised solutions.

“This partnership marks an exciting step in expanding our support to our customers,” Villalba noted, expressing confidence that Millennium will effectively deliver the added value of Metso’s products to customers across the region.

Comprehensive Service Offering

The partnership enables Millennium to represent Metso’s product line for construction, aggregate, and contractor business segments across an extensive territory that includes the Bahamas, Turks & Caicos, British Virgin Islands, US Virgin Islands, Dominica, Granada, St. Lucia, Bonaire, Aruba, Curacao, Trinidad and Tobago, Suriname, Guyana, French Guyana, Ecuador, and Panama.

Robert Valdes, President of Millennium Machinery Parts and Service, Corp, expressed pride in the addition of Metso’s product portfolio to the company’s offerings. The partnership will encompass comprehensive support for both new and used machinery sales, along with technical support services, spare parts, and wear items.

“This partnership enables us to offer our customers access to top-tier products and technologies, combined with our local expertise and commitment to service excellence,” Valdes stated.

Strategic Market Expansion

The collaboration reflects Metso’s broader strategy to strengthen its presence in key growth markets while ensuring customers receive superior local support. By leveraging Millennium’s established market presence and technical expertise, Metso aims to enhance its ability to serve customers across the diverse Caribbean and Latin American markets.

The partnership underscores both companies’ commitment to delivering exceptional customer value through the combination of advanced technology solutions and localised service capabilities.

For more information visit www.metso.com

Greenlyte Carbon Technologies GmbH and MB Energy Holding GmbH & Co. KG have executed a strategic landmark agreement encompassing the offtake of e-methanol from Greenlyte’s LiquidSolar™ facility in Marl, alongside advanced offtake intentions for future project developments.

Significant Commercial Milestone Following EU Funding

The partnership agreement materialised just days after Greenlyte officially secured multi-million euro funding from the European Union and the federal state of North Rhine-Westphalia for its LiquidSolar™ Methanol plant. The companies have signed a seven-figure e-methanol offtake term sheet, demonstrating substantial commercial market interest in Greenlyte’s LiquidSolar™ products.

The agreement serves dual purposes, reinforcing MB Energy’s commitment to the partnership with Greenlyte whilst demonstrating the company’s intention to secure e-fuel supplies from Greenlyte’s future commercial facilities. The collaboration targets the deployment of Greenlyte’s LiquidSolar™ technology at industrial and mobility hubs across Europe and international markets.

Strategic Partnership with Established Industry Player

MB Energy brings considerable industry expertise to the partnership, having operated in the fuel sector since its establishment in 1947. The company’s longstanding experience in global fuel logistics, market structuring, and trading positions it as a critical strategic partner for Greenlyte as the technology company advances toward commercial-scale deployment.

Leadership Perspectives on Market Transformation

Florian Hildebrand, CEO and co-founder of Greenlyte, characterised the partnership as evidence of growing market momentum for sustainable fuel technologies. “The strong interest signals that the LiquidSolar™ revolution is coming,” Hildebrand stated. “We are thrilled that MB Energy is supporting us as an early adopter, placing their trust in our technology.”

The executive outlined the collaborative vision for global deployment: “Together, we’re working to develop an energy supply model that reduces reliance on fossil fuels and that will be scaled globally to meet industrial demands.”

MB Energy’s Commitment to Energy Transition

Oleksandr Siromakha, head of sustainable fuels at MB Energy, expressed enthusiasm for the technological developments in the e-fuels sector. “We are excited to see new technologies evolving that aim to increase the availability and affordability of e-fuels, and we are proud to support and contribute to these important developments,” Siromakha commented.

The executive positioned the partnership within MB Energy’s broader strategic objectives: “This strategic partnership marks an important step in advancing our commitment to the energy transition. By securing access to e-methanol, we are strengthening our ability to offer lower-emission fuel solutions to our customers.”

Siromakha further elaborated on the company’s long-term vision: “It supports our vision of becoming the preferred independent liquid fuels supplier in our core markets, delivering long-term value through cleaner alternatives.”

Market Implications and Future Deployment

The agreement represents a significant validation of Greenlyte’s LiquidSolar™ technology and its commercial viability in the evolving sustainable fuels market. The partnership establishes a framework for broader deployment of e-methanol production capabilities, potentially accelerating the availability of alternative fuel solutions across multiple industrial sectors.

The collaboration between the innovative technology developer and the established fuel logistics company demonstrates the convergence of technological innovation and market infrastructure necessary for large-scale energy transition initiatives.

For more information visit www.greenlyte.tech

Coastal Bend LNG has announced the selection of EXP, a global engineering, architecture, design and consulting firm, to serve as lead environmental consultant for its proposed natural gas liquefaction and export facility on the Texas Gulf Coast. The appointment represents a significant milestone in the project’s development as the company advances through the regulatory approval process.

Comprehensive Environmental Services

EXP will provide extensive environmental consulting services covering the development of Coastal Bend’s planned infrastructure, which includes multiple liquefaction trains, cogeneration facilities, LNG storage tanks, and export terminals. The scope of work encompasses the environmental assessment requirements necessary for the complex facility’s permitting process.

Carlos R. Guzman, COO of Coastal Bend LNG, highlighted the strategic importance of the partnership in light of evolving regulatory requirements. “As DOE and FERC implement revisions to their NEPA requirements, EXP’s expertise in environmental surveys will be critical to advancing our permitting process most efficiently,” Guzman stated.

The executive emphasised the project’s commitment to responsible development, noting that “EXP shares our goal of responsibly developing the Coastal Bend LNG project with benefits to our local communities as well as our end customers.”

Strategic Partnership for Energy Infrastructure

Michael Aubele, vice president of environmental and regulatory services at EXP, characterised the engagement as reflective of the firm’s broader mission in the energy sector. “Our work with Coastal Bend LNG reflects EXP’s commitment to advancing responsible and resilient energy infrastructure in the United States,” Aubele commented.

Regulatory Timeline and Legal Framework

The company anticipates commencing the Federal Energy Regulatory Commission (FERC) pre-filing process during 2025, marking the formal beginning of the federal regulatory review procedures. To ensure comprehensive legal oversight, all regulatory filings will undergo thorough review prior to submission by the Energy Regulatory practice of Skadden, Arps, Slate, Meagher & Flom LLP.

The pre-filing process represents a crucial phase in the project’s development timeline, as it initiates the formal regulatory engagement with federal authorities responsible for approving large-scale energy infrastructure projects. This structured approach to regulatory compliance demonstrates Coastal Bend LNG’s commitment to meeting all applicable environmental and safety standards whilst advancing the project’s commercial objectives.

For more information visit www.coastalbendlng.com

Gpi Group has successfully completed the acquisition of Schwarte Processing assets, marking a significant milestone in the company’s expansion strategy. Operating under the new identity of Gpi Schwarte, the merged entity combines Schwarte’s established expertise in hygienic tank construction with Gpi Group’s international reach and strategic ambitions.

The transaction has received endorsement from industry leadership, with Olaf J. Müller, chief executive of HF FoodTech Group, expressing confidence in the arrangement. “This transaction places our team in capable hands. Gpi Group is the best owner and provides a strong foundation for future success,” Müller stated.

Left to right: Fred Boere, Steven Sijperda, Arno Rodenburg, Olaf J. Müller, Roger Schmidt & Danuta Skrajny

Facility Revival and Investment Plans

Gpi Group has announced plans to reopen the production facility in Olsztyn, Poland, over the coming months. The site is currently undergoing comprehensive upgrades in preparation for full operational capacity. The revitalisation programme includes the reinstallation of original machinery and a complete refresh of the entire location to support the next phase of growth.

The facility’s renewal represents more than mere infrastructure investment; it symbolises the fresh beginning that Gpi Schwarte is embarking upon, characterised by renewed vigour and a clear strategic focus. Once fully operational, the facility will house engineering, production, and all supporting personnel under one roof, facilitating seamless collaboration and efficient project delivery.

Preserving Expertise and Heritage

The existing Schwarte team in Olsztyn will be retained as part of the acquisition, recognising the critical importance of their craftsmanship and technical knowledge to Gpi Schwarte’s future success. Steven Sijperda, Chief Executive of Gpi Group, emphasised the value of this expertise: “We hold respect for the craftsmanship and deep industry knowledge within the Schwarte team. This is a strategic step that adds invaluable expertise to our portfolio.”

Sijperda further outlined the strategic rationale behind the acquisition: “Schwarte’s capabilities are a perfect complement to our ambition to be a dominant player in the most demanding segments, including aseptic applications, high-end dairy, and pharmaceuticals. Together as Gpi Schwarte, we will build this future from Olsztyn.”

Market Position and Future Outlook

The integration promises to deliver enhanced value to customers, who can continue to depend upon the trusted Schwarte quality standards, now reinforced by Gpi Group’s broader capabilities and long-term financial stability. The combined entity, Gpi Schwarte, represents both the preservation of a distinguished tradition of craftsmanship and dedication, whilst simultaneously creating new opportunities for expansion across established and emerging markets.

This strategic integration marks the commencement of a forward-looking partnership, founded upon shared values, technical expertise, and a unified vision for future development. The acquisition positions Gpi Schwarte to capitalise on growth opportunities in high-value market segments whilst maintaining the quality standards and technical excellence that have defined the Schwarte legacy.

For more information visit www.gpi-group.com

Excelerate Energy, Inc has reported its financial results for the second quarter ended June 30, 2025, demonstrating strong performance following the strategic acquisition of Jamaica’s integrated LNG and power platform. The company reported net income of $20.8 million, adjusted net income of $46.8 million, and adjusted EBITDA of $107.1 million for the quarter.

The completion of the Jamaica integrated LNG and power platform acquisition in May has marked a strategic inflection point for Excelerate, according to President and CEO Steven Kobos. The transaction includes the Montego Bay and Old Harbour LNG terminals and the Clarendon combined heat and power plant, expanding the company’s role in the LNG value chain and creating a more diversified growth platform.

Kobos emphasised that the Jamaica operations are exceeding operational expectations and integration remains on track. The acquisition has enabled Excelerate to advance its long-term strategy of owning and operating downstream infrastructure assets, reflecting the company’s expanded business model ambitions.

Based on strong performance and confidence in the Jamaica acquisition’s contribution, Excelerate has raised its full-year 2025 Adjusted EBITDA guidance to a range between $420 million and $440 million. The revised outlook incorporates anticipated contributions from the Jamaica acquisition from May 14, 2025, through December 31, 2025.

Sequential quarterly results showed adjusted EBITDA increased from the previous quarter primarily due to Jamaica EBITDA contributions, though this was partially offset by lower Atlantic Basin margins and vessel operating cost timing. Year-over-year comparisons demonstrated growth in adjusted net income and adjusted EBITDA, primarily driven by the Jamaica operations.

Excelerate’s board of directors approved a quarterly cash dividend of $0.08 per share, representing approximately a 33 percent increase from the prior quarter and $0.32 per share on an annualised basis. The dividend is payable September 4, 2025, to stockholders of record as of August 20, 2025.

With increased confidence in forward cash flow outlook following the Jamaica acquisition, the company is targeting low double-digit annual dividend growth rates commencing in 2026 and continuing through 2028.

In July 2025, Excelerate finalised an agreement to purchase an LNG carrier, renamed the Excelerate Shenandoah, to service a previously announced mid-term Atlantic Basin supply deal. The vessel represents the company’s first owned asset selected as a floating storage and regasification unit conversion candidate.

The company also signed a definitive agreement with Petrobras to install a reliquefaction unit on the floating regasification terminal Experience in Brazil’s Guanabara Bay. The technology upgrade is expected to eliminate excess cargo losses due to boil-off, reduce Scope 1 emissions, and enhance terminal performance and life expectancy.

As of June 30, 2025, Excelerate maintained $426.0 million in unrestricted cash and cash equivalents, with no letters of credit outstanding under its revolving credit facility. The company had full access to $500 million of undrawn capacity under its revolving credit facility, providing substantial financial flexibility for continued growth initiatives.

For more information visit www.excelerateenergy.com

Minebea Intec, a leading global manufacturer of industrial weighing and inspection technologies, has announced a significant expansion of its MiNexx® product family, introducing new standards in precision, connectivity, and operational efficiency. Under the campaign slogan “Our Innoweightion. Your Progress,” the company has unveiled three high-performance weighing indicators alongside a state-of-the-art MiNexx® 3000 floor scale, all designed to address evolving industrial weighing requirements across manual, automated, and heavy-duty applications.

The new indicators and weighing platforms combine technological excellence with maximum adaptability to individual process requirements, with immediate availability across global markets. These solutions target critical applications in food production, chemical processing, and logistics sectors, where bench and floor scales serve as essential components in manual and semi-automatic processes.

The weighing systems ensure operational efficiency, enable consistent product quality maintenance, and facilitate compliance with regulatory requirements. The powerful weight indicators provide precise control of weighing processes, recording and visualising weighing data while enabling integration into control and ERP systems for comprehensive process management.

The new MiNexx® weight indicators incorporate cybersecurity measures in accordance with IEC 62443 standards, featuring a three-level user management system that regulates access rights and prevents unauthorised tampering. User roles and password configurations can be individually customised, representing a crucial component of comprehensive IT security infrastructure.

Nils Hubrich, product manager at Minebea Intec, emphasised the efficiency and security benefits of the new systems. The indicators feature an intuitive user interface with large colour displays and advanced functions for process optimisation, supported by initial start-up workflows for simplified setup and reduced operational downtime.

The MiNexx®C model has been specifically developed for control cabinet installation, featuring compact design and flexible integration capabilities for existing systems. The MiNexx® M and L weight indicators incorporate stainless steel housing with IP 69 protection class, suitable for placement near scales or wall and tripod mounting configurations based on operational requirements.

While the MiNexx® M targets compact applications with direct operation capabilities, the MiNexx® L model serves networked industrial environments through extended interface options, providing enhanced connectivity for complex operational frameworks.

The new MiNexx® 3000 floor scale delivers standard resolution of 60,000d with load capacity reaching up to 6 tonnes, featuring a non-slip tear plate surface designed for demanding industrial applications. The combination ensures maximum safety and operational efficiency in daily use scenarios.

The floor scale addresses heavy-duty applications including pallet, container, and big bag weighing in food, beverage, and building materials industries, chemical drum processing in chemical sectors, and machine component weighing in metalworking operations. The robust, easy-maintenance design ensures extended service life under demanding conditions, with hinged load plate design facilitating interior cleaning processes.

Eren Sagdas, product manager at Minebea Intec, highlighted the scale’s contribution to process reliability and error prevention for enhanced resource conservation. The high resolution and reliable measuring accuracy minimise faulty batch risks, facilitate seamless traceability, and reduce material losses, supporting sustainable production processes.

Minebea Intec provides comprehensive support services spanning consultation, installation assistance, and maintenance for seamless integration of the new MiNexx® scale series. The company positions the MiNexx® line as combining maximum safety, intuitive operation, and modern networking capabilities across all weighing applications.

The product family addresses bench, floor, container, and truck scale requirements, providing companies with customised solutions for individual operational needs. The expansion reflects the company’s commitment to enabling efficiency increases, maximum process reliability, and sustainable industrial progress through advanced weighing technology innovation.

For More information visit www.minebea-intec.com

ConocoPhillips has reported second-quarter 2025 earnings of $2.0 billion, or $1.56 per share, compared with second-quarter 2024 earnings of $2.3 billion, or $1.98 per share. Excluding special items, the company’s second-quarter 2025 adjusted earnings were $1.8 billion, or $1.42 per share, versus second-quarter 2024 adjusted earnings of $2.3 billion, or $1.98 per share. Special items for the quarter primarily related to gains on asset sales.

Ryan Lance, chairman and chief executive officer, highlighted the company’s strong performance across financial, operational, and strategic metrics during the second quarter. Lance emphasised the successful completion of Marathon Oil integration, with the company remaining on track to deliver greater than $1 billion in synergies and more than $1 billion in one-time benefits.

The executive outlined additional cost reduction initiatives, noting that ConocoPhillips is leveraging its scale and technologies to drive a further $1 billion-plus in company-wide cost reductions and margin enhancements by the end of 2026. These efforts are designed to strengthen free cash flow generation and enable continued delivery of strong returns on and of capital.

The company delivered total production of 2,391 thousand barrels of oil equivalent per day (MBOED), with Lower 48 production reaching 1,508 MBOED. Lower 48 operations included 845 MBOED from the Permian, 408 MBOED from the Eagle Ford, and 205 MBOED from the Bakken.

ConocoPhillips signed an agreement to divest Anadarko Basin assets for $1.3 billion, subject to customary closing adjustments, with the transaction expected to close at the beginning of the fourth quarter. The company achieved an optimised level of steady-state activity in the Lower 48 following the Marathon Oil asset integration.

The company advanced its global LNG strategy by signing a regasification agreement at the Dunkerque terminal in France and a sales agreement in Asia, both expected to commence operations in 2028. ConocoPhillips also successfully completed planned turnarounds in Norway and Qatar during the quarter.

Production for the second quarter increased by 446 MBOED compared to the same period in 2024. After adjusting for closed acquisitions and dispositions, production increased 72 MBOED, or 3 percent, year-over-year. However, earnings and adjusted earnings decreased from the second quarter of 2024, with higher production volumes more than offset by lower commodity prices, increased depreciation costs, and higher operating expenses.

The company’s total average realised price was $45.77 per BOE, representing a 19 percent decrease from the $56.56 per BOE realised in the second quarter of 2024. Cash provided by operating activities totalled $3.5 billion, with an additional $0.7 billion received from disposition proceeds.

ConocoPhillips distributed $2.2 billion to shareholders during the quarter, including $1.2 billion through share repurchases and $1.0 billion through ordinary dividends. The company ended the quarter with cash and short-term investments of $5.7 billion and long-term investments of $1.1 billion.

The company declared a third-quarter ordinary dividend of $0.78 per share, payable September 2, 2025, to stockholders of record at the close of business on August 18, 2025.

For the first six months of 2025, ConocoPhillips reported earnings of $4.8 billion, or $3.79 per share, compared with $4.9 billion, or $4.14 per share, for the same period in 2024. Six-month production averaged 2,391 MBOED, an increase of 468 MBOED from the prior year, with adjusted production growth of 96 MBOED, or 4 percent, after accounting for acquisitions and dispositions.

For more information visit www.conocophillips.com

Aegis Vopak Terminals Limited (AVTL) has announced a positive final investment decision to construct a greenfield terminal facility at the Jawaharlal Nehru Port Authority (JNPA) in Mumbai, India. The comprehensive development will include storage capacity for 132,000 cubic meters of LPG and 318,000 cubic meters of liquid products, alongside an LPG bottling plant with 35,000 metric tonnes of capacity.

This facility represents AVTL’s second terminal at the JNPA port, positioning the company to expand its market share in serving the highly industrialised and rapidly growing hinterland of India’s western and central regions. The strategic location capitalises on the port’s connectivity to major industrial centres and consumer markets.

The terminal development is scheduled for phased commissioning beginning in mid-2026, allowing for systematic capacity deployment and operational optimisation as market demand evolves.

Vopak holds a 42.23 percent shareholding in AVTL, making this development a significant component of the company’s regional expansion strategy. The investment aligns with Vopak’s global growth strategy, which encompasses industrial and gas infrastructure development, as well as infrastructure projects supporting the energy transition.

The new facility addresses growing demand for LPG and liquid product storage in one of India’s most economically dynamic regions. The western and central Indian markets represent key consumption centres for both industrial applications and domestic LPG usage, making the JNPA location strategically advantageous for supply chain efficiency.

The development reflects broader infrastructure investment trends in India’s energy sector, where port-based storage facilities play a crucial role in supporting economic growth and energy security objectives.

For more information visit www.vopak.com

JERA Co., Inc. has finalised a significant long-term LNG Sale and Purchase Agreement with Cheniere Energy, Inc., establishing a supply commitment of approximately 1.0 million tonnes per annum of liquefied natural gas spanning from 2029 to 2050.

This agreement forms a crucial component of JERA’s comprehensive strategy to secure up to 5.5 million tonnes of US LNG annually over a 20-year period—representing the largest US LNG offtake commitment by a single buyer in history and Japan’s most substantial LNG procurement agreement with the United States to date.

JERA’s Global CEO, Yukio Kani, emphasised the significance of the expanded partnership, noting that JERA and Cheniere have cultivated a trusted relationship over many years. The executive expressed satisfaction in extending this relationship further through the new long-term commitment.

Kani highlighted that the agreement with Cheniere, recognised as a global leader in the LNG sector, directly supports JERA’s strategic objective to diversify and strengthen its LNG procurement portfolio. This initiative reinforces the company’s position as a long-term energy partner in the US market while deepening its commitment to securing reliable energy supplies.

The partnership is positioned to contribute significantly to energy security, stability, and sustainability for Japan and the broader regional market over the coming decades. The agreement reflects JERA’s strategic approach to long-term energy planning and its commitment to establishing robust supply chain relationships with leading international energy providers.

The deal underscores the growing importance of US LNG exports in meeting Asian energy demand and highlights the strengthening of trans-Pacific energy trade relationships. Through this expanded collaboration, both companies aim to support regional energy infrastructure development and contribute to long-term energy market stability.

For more information visit www.jera.co.jp

Cory has announced plans to apply CCS technology to the UK’s largest single-site energy from waste operation, with the potential to create the world’s largest single-site EfW decarbonisation project.

The ambitious project aims to capture approximately 1.4 million tonnes of CO2 per annum by 2030, providing a significant contribution to reducing carbon emissions for the several million people Cory services across London and the South East. The CCS project will involve installing technology designed to capture 90 percent of emissions from both Cory’s existing EfW facility and its new, adjacent EfW facility, which is expected to become operational by 2026.

The project’s scope encompasses the capture of both biogenic and fossil emissions from waste, positioning it to play an important role in decarbonising hard-to-abate sectors of the economy. This approach has been recognised by the Committee on Climate Change as essential for the UK to meet its net zero target.

The project proposes to utilise marine shipment for transporting liquefied CO2 to an offshore subsea storage site, building upon Cory’s extensive maritime expertise that extends back to the late 1700s. This approach highlights the strategic importance of the Thames as existing, natural infrastructure that could facilitate the establishment of a transportation hub for shipping CO2 from several other major industrial facilities in the region.

The river-based transportation system reduces the need for complex infrastructure to transport CO2 whilst providing operational flexibility and confidence. This approach enables Cory to access operational subsea storage locations, including the industrial clusters already selected by the UK government for carbon storage initiatives.

The project represents a significant advancement in the UK’s approach to industrial decarbonisation, particularly within the waste management sector. By targeting both existing and new EfW facilities at a single site, the project demonstrates the potential for large-scale carbon capture implementation at established industrial locations.

The initiative’s focus on utilising existing Thames infrastructure for CO2 transportation could serve as a model for broader regional decarbonisation efforts, potentially facilitating similar projects for other major industrial facilities located along the river system.

With the new EfW facility expected to commence operations by 2026 and full CCS implementation targeted for 2030, the project timeline aligns with broader UK decarbonisation objectives. The phased approach allows for the integration of CCS technology across both existing and new facilities, maximising the carbon capture potential of the site whilst maintaining operational continuity.

For more information visit www.corygroup.co.uk

bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 metres. The well was drilled to a total depth of 5,855 metres.

The well intersected the reservoir about 500 metres below the crest of the structure and penetrated an estimated 500 metre gross hydrocarbon column in high-quality pre-salt carbonate reservoir with an areal extent of greater than 300 square kilometres.

Results from the rig-site analysis indicate elevated levels of carbon dioxide. bp will now begin laboratory analysis to further characterise the reservoir and fluids discovered, which will provide additional insight into the potential of the Bumerangue block. Further appraisal activities are planned to be undertaken, subject to regulatory approval.

“We are excited to announce this significant discovery at Bumerangue, bp’s largest in 25 years”

Gordon Birrell, EVP, production & operations 

bp holds 100 percent participation in the block with Pré-Sal Petróleo S.A. as the Production Sharing Contract manager. bp secured the block in December 2022 during the 1st Cycle of the Open Acreage of Production Sharing of ANP, on very good commercial terms.

Gordon Birrell, bp’s executive vice president for Production & Operations said: “We are excited to announce this significant discovery at Bumerangue, bp’s largest in 25 years. This is another success in what has been an exceptional year so far for our exploration team, underscoring our commitment to growing our upstream. Brazil is an important country for bp, and our ambition is to explore the potential of establishing a material and advantaged production hub in the country.”

Bumerangue is bp’s tenth discovery in 2025 to date. bp has already announced oil and gas exploration discoveries at: Beryl and Frangipani in Trinidad, Fayoum 5 and El King in Egypt, Far South in the Gulf of America, Hasheem in Libya and Alto de Cabo Frio Central in Brazil, plus discoveries in Namibia and Angola through Azule Energy, its 50-50 joint venture with Eni.

bp plans to grow its global upstream production to 2.3-2.5 million barrels of oil equivalent a day in 2030, with the capacity to increase production out to 2035.

For more information visit www.bp.com

Energy Transfer LP has announced a positive financial investment decision for the expansion of its Transwestern Pipeline, aimed at increasing natural gas supply to markets throughout Arizona and New Mexico from the company’s asset base in the Permian Basin.

The Desert Southwest pipeline expansion project will comprise 516 miles of 42-inch pipeline and nine compressor stations across Arizona, New Mexico, and Texas. The system has been designed with a capacity of 1.5 billion cubic feet per day and is expected to enter service by the fourth quarter of 2029.

The strategic expansion extends Transwestern’s natural gas pipeline network, enhancing system reliability whilst providing additional supply options to serve rapidly growing demand in the Southwestern United States region. The project builds upon Transwestern Pipeline’s operational history in the region, which dates back to 1960.

The project carries an estimated cost of approximately $5.3 billion, including $0.6 billion of Allowance for Funds Used During Construction (AFUDC). The expansion is supported by significant long-term commitments from investment-grade customers, providing a stable foundation for the investment.

Energy Transfer plans to launch an open season later this quarter and anticipates that remaining capacity will be fully subscribed upon completion of the open season process. Depending on final open season results, the project could be efficiently expanded to accommodate additional demand.

The expansion is designed to promote American industry through prioritising US steel pipe manufacturers. The construction phase is expected to utilise up to 5,000 local workers and union labour for construction jobs, providing significant employment opportunities across the project’s geographic footprint.

The infrastructure development responds to growing energy demand driven by population growth, high-tech industry expansion, and data centre development throughout the region, positioning the pipeline to support long-term energy needs for utilities and energy providers.

Strategic Context

Energy Transfer operates assets across all major US supply basins and maintains an extensive natural gas pipeline network connecting to energy providers in most major markets, including nearly 200 natural gas-fired power plants nationwide. This broad supply reach and market access provide the partnership with capabilities to capitalise on opportunities for earnings growth and efficient network expansion.

Company Profile

Energy Transfer LP owns and operates one of the largest and most diversified portfolios of energy assets in the United States, encompassing approximately 140,000 miles of pipeline and associated energy infrastructure. The company’s strategic network spans 44 states with assets positioned across all major US production basins.

The publicly traded limited partnership’s core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets, crude oil, natural gas liquids and refined product transportation and terminalling assets, and NGL fractionation capabilities. Energy Transfer also owns Lake Charles LNG Company and maintains ownership interests in Sunoco LP and USA Compression Partners, LP.

For more information visit www.energytransfer.com

Presidio Investment Holdings, a specialised oil and gas operator focused on optimising mature producing assets across the United States, has entered into a definitive business combination agreement with EQV Ventures Acquisition Corp, a special purpose acquisition company.

The proposed business combination will result in Presidio becoming a publicly listed company on the New York Stock Exchange under the ticker “FTW”, reflecting the company’s Fort Worth, Texas headquarters. The combined entity, to be named Presidio Production Company, is expected to carry a post-transaction enterprise value of approximately $660 million, including acquired assets.

The company will maintain its existing management structure, with Will Ulrich and Chris Hammack continuing as co-chief executives. As part of the transaction, Presidio will acquire a complementary Texas Panhandle asset from EQV Resources LLC, an affiliate of EQV, whilst EQV’s sponsor will retain a significant ownership stake following completion.

Presidio’s differentiated approach centres on acquiring under-managed oil and gas wells, optimising them through technology deployment including automation, real-time data analytics, and artificial intelligence processes. The strategy represents a departure from capital-intensive shale operations towards a more disciplined, returns-focused model with zero reliance on future drilling and minimal capital investment requirements.

The management team emphasised their positioning as “the last, best steward of America’s oil and gas wells,” with Ulrich highlighting the transaction as providing “a permanent platform to scale our yield-focused model” and pursue accretive acquisitions. Hammack described Presidio as representing “the next evolution of the public oil and gas company — efficient, predictable, and yield-driven.”

The combined company will operate over 2,000 producing wells across Texas, Oklahoma, and Kansas, with expected net production of 26,000 barrels of oil equivalent per day in 2025. Key operational metrics include a low production decline rate of 8 percent, compared to a peer average of 24 percent, and minimal capital expenditure requirements representing only 3 percent, of expected cash flow reinvestment.

The company has secured substantial hedging coverage, with 78 percent, of estimated production hedged through 2027, supporting an expected annual common dividend of $1.35 per share, implying a 13.5 percent, dividend yield.

The transaction has attracted backing from Presidio management, funds advised by JPMorgan Investment Management, Citizens Bank, and several institutional investors, including a major oil and gas company.

EQV’s founder and chief executive Jerry Silvey expressed confidence that the structure would support Presidio’s position as “a sustainable yield leader” and “preferred consolidator of producing oil and gas assets.”

For more information visit www.eqvventures.com

MOL Group continues to expand its oil supply diversification efforts in the Central and Eastern European region, with the company importing 85,000 tonnes of CPC blend crude oil and signing a new oil trading agreement with Kazakhstan’s national oil company, KazMunayGas (KMG).

The partnership between MOL and KMG spans nearly two decades, dating back to 2004, and has continued to strengthen over time. At the end of 2024, the companies formalised their relationship by signing a cooperation agreement to leverage opportunities in Kazakhstan. The current oil trading agreement represents a further step in enhancing supply security for the Central and Eastern European region.

A shipment of CPC (Caspian Pipeline Consortium) crude oil recently arrived at Omišalj, Croatia, from the port of Novorossiysk. The 85,000-tonne delivery of CPC blend, primarily consisting of Kazakh crude oil, adds to the growing volume of seaborne crude oil entering the region. Kazakh crude oil has become an essential component of MOL Group’s oil diversification programme, representing one of 14 oil types already tested at the Bratislava refinery and regularly imported into the region.

Gabriel Szabó, executive vice president of Downstream at MOL Group, emphasised the significance of the partnership and the company’s long-term diversification strategy. He noted that MOL Group has spent over a decade enhancing the Adria pipeline and its associated infrastructure, improving refinery technology flexibility, and establishing new commercially reliable supply routes. Szabó highlighted that identifying reliable suppliers and high-quality alternative crude oil types forms an integral part of this process, expressing satisfaction with the strengthening cooperation with Kazakh partners built upon more than two decades of successful collaboration.

MOL and KMG elevated their relationship to strategic partner status at the end of 2024, with both companies exploring opportunities across multiple sectors including hydrocarbon exploration and production, technology transfer, crude oil supply, and petrochemicals. The 2024 agreement focused on expanding existing exploration and production cooperation, which includes joint operations with China’s Sinopec at the Rozhkovskoye field for gas and gas condensate production, as well as the application of MOL’s technology in Kazakhstan.

The Kazakhstan partnership forms part of MOL Group’s broader supply diversification strategy. The company recently signed a commercial agreement with MVM for the annual import of 160,000 tonnes of Azerbaijani crude oil, representing 1.5 percent of MOL’s crude oil processing capacity. This relationship with Azerbaijani crude oil extends back several years, with MOL Group acquiring a stake in the Azeri-Chirag-Gunashli (ACG) oilfield in 2020. The company delivered 5 million barrels of crude oil from this field to the region in the previous year.

The current oil trading agreement with KazMunayGas further reinforces supply security for Central and Eastern Europe, demonstrating MOL Group’s commitment to building reliable, long-term partnerships while addressing regional energy security challenges.

For more information visit www.mol.hu

Technip Energies has been awarded a major Engineering, Procurement, and Construction contract by Commonwealth LNG for a 9.5 million tonnes per annum liquefied natural gas facility located in Cameron Parish, Louisiana, USA.

The contract encompasses the delivery of six identical liquefaction trains utilising Technip Energies’ SnapLNG by T.EN™ modular and scalable solution. The company’s approach leverages a single design replicated across all six trains, enabling schedule acceleration and cost optimisation while offering greater predictability and certainty at scale.

The contract award follows the successful completion of the front-end engineering and design phase by Technip Energies, marking another milestone in the project’s development.

This project further strengthens Technip Energies’ position as a global leader in the LNG sector. The company has delivered over 20 percent of the world’s operating LNG capacity and continues to pioneer modular and innovative project delivery models across the industry.

Arnaud Pieton, CEO of Technip Energies, expressed the company’s commitment to the project, stating that the award represents “a testament to our world leading expertise in modularised LNG solutions.” He emphasised that the project plays a pivotal role in enhancing global energy security by ensuring a reliable and efficient supply of LNG. Pieton highlighted the company’s intention to leverage its world-class experience in LNG projects, combined with the innovative SnapLNG by T.EN™ modular and productised approach, to contribute to the success of this critical energy initiative.

The contract award remains subject to FID by Commonwealth LNG. Consequently, the project will not be included in Technip Energies’ backlog until FID or full notice to proceed is achieved, reflecting standard industry practice for projects pending final approval.

For more information visit www.ten.com