The EIA reports on 2021 natural gas prices
In 2021, the wholesale spot price for natural gas at the Henry Hub in Louisiana (the US benchmark for natural gas prices) averaged US$3.89/million Btu.
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Motion Industries Inc. has completed the purchase of Kaman Distribution Group for a purchase price of approximately US$1.3 billion in cash.
The EIA reports that crude oil prices increased in 2021 as global crude oil demand outpaced supply.
A recent study from Flow Research finds that flowmeters will be vital for oil and gas industry measurement as the industry rebounds.
Calumet has announced the close of financing for the construction of a hydrogen plant that will support its renewable diesel business in Montana, US.
XL Global Group recently worked with Fabri Consulting Engineers to build a containerised gas oil marker additive unit for its client.
Global petrochemical capacity is poised for considerable growth by 2030, and China is expected to account for 29% of the additions.
Chart Industries was awarded four hydrogen and small scale LNG liquefaction orders in late December 2021.
AD Ports Group has announced that its Industrial Cities & Free Zone cluster in Abu Dhabi, UAE, is now home to 95 companies in the polymer sector.
The international private equity consortium completed its transaction to purchase the Clean Technologies business of DuPont de Nemours Inc. on 31 December 2021.
