Oil & Gas

Rapidan Energy Group Names James McLennan SVP Business Development

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Rapidan Energy Group Names James McLennan SVP Business Development

Washington – September 12, 2026 -- Rapidan Energy Group has appointed James McLennan as Senior Vice President for Business Development, tasking him with leading growth across the firm's energy market, policy, and geopolitical research and data services.

McLennan brings two decades of energy research sales experience to Rapidan

McLennan spent 17 years at Wood Mackenzie leading global commercial teams serving the energy and financial services sectors. He also held senior leadership roles at IHS Markit and S&P Global before joining Rapidan.

Rapidan CEO cites McLennan's commercial track record as key hire rationale

"James will focus on building long-term, trusted relationships across our client base while leading our sales and customer-success functions to support the firm's continued growth," said Scott Modell, CEO of Rapidan Energy Group.

Utemuratov Foundation Pledges $1M for Almaty Gas Conversion

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Utemuratov Foundation Pledges $1M for Almaty Gas Conversion

Almaty – September 12, 2026 -- The Bulat Utemuratov Foundation has allocated 460 million tenge (approximately $1 million) to fund the gasification of private homes in Almaty, partnering with the city's Akimat to expand urban gas infrastructure.

Foundation and city sign memorandum to convert coal-heated homes to natural gas

Under a newly signed memorandum, the Almaty Akimat will inspect private residences, advise homeowners on connection procedures, and provide end-to-end support for the switch to natural gas heating. Qualified contractors will then carry out the required construction and installation work.

Mayor Darkhan Satybaldy said the city continues working specifically to connect private homes to the municipal gas network, noting that requirements vary case by case and that support from socially responsible businesses allows the initiative to scale.

Southwest Gas Cuts Emissions 33.7%, Tops J.D. Power for 6th Year

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Southwest Gas Cuts Emissions 33.7%, Tops J.D. Power for 6th Year

Las Vegas – September 12, 2026 -- Southwest Gas Holdings, Inc. (NYSE: SWX) has released its 2025 Sustainability Report, disclosing a 33.7% reduction in fleet and building-facility emissions against a 2015 baseline, exceeding its 20%-by-2025 target.

Emergency response and safety metrics improve across the network

The utility responded to 79.2% of emergencies within 30 minutes, a record for the Company. Its Total Recordable Incident Rate fell 17% year over year, while the Days Away, Restricted or Transferred rate dropped 37%. Excavation damages declined 7.7% since 2021, reducing the risk of natural gas releases.

Utemuratov Foundation Commits $1M to Almaty Gasification Drive

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Utemuratov Foundation Commits $1M to Almaty Gasification Drive

Almaty – September 12, 2026 -- The Bulat Utemuratov Foundation has allocated 460 million tenge (approximately $1 million) to fund natural gas connections for private homes in Almaty, Kazakhstan, under an agreement signed with the city's Akimat (mayor's office).

Foundation funding targets private homes still burning solid fuel for heat

The initiative supports the transition of private residences from coal to natural gas heating, addressing a major source of seasonal air pollution in Almaty during the winter heating period.

Akimat to handle site assessments while contractors execute connection works

Under the signed agreement, the Almaty Akimat will inspect eligible private homes, advise residents on connection procedures, and guide them through the transition process. Qualified contractors will then carry out the required construction and installation work to link properties to the municipal gas network.

McDermott Wins $500M-$750M Eni Subsea Deal for Cyprus Gas Field

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McDermott Wins $500M-$750M Eni Subsea Deal for Cyprus Gas Field

Houston – September 12, 2026 -- McDermott has secured a subsea contract worth between $500 million and $750 million from Eni Cyprus Limited to develop the Cronos gas field offshore Cyprus, marking the company's first subsea award from Eni and its expansion into the Eastern Mediterranean.

McDermott to handle full subsea scope for Cronos field

Under the contract, McDermott will deliver project management, engineering, procurement and installation support for the Cronos gas field development. The company classifies the deal as "substantial," placing its value in the $500 million to $750 million range.

Execution spans four global engineering hubs

The project will be run by McDermott's Subsea and Floating Facilities team, drawing on resources from Houston, Perth, London and Kuala Lumpur. Work will be backed by the company's marine construction fleet, including its deepwater asset the Amazon.

Enbridge Names Michele Harradence CEO, Succeeding Greg Ebel in 2027

Calgary – September 11, 2026 -- Enbridge Inc. (TSX: ENB) (NYSE: ENB) announced that Michele Harradence will become President and CEO effective January 1, 2027, succeeding Greg Ebel, who will retire December 31, 2026.

Board appoints Harradence to CEO role and Board of Directors

Harradence, currently Executive Vice-President and President of Gas Distribution and Storage, will also join Enbridge's Board of Directors upon taking over as CEO. Ebel will remain a Board member through his retirement date and serve as an advisor to the Board and Harradence from January through May 2027.

Utemuratov Foundation Puts $1M Into Almaty Gas Network Expansion

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Utemuratov Foundation Puts $1M Into Almaty Gas Network Expansion

Almaty – September 11, 2026 -- The Bulat Utemuratov Foundation has allocated 460 million tenge (approximately US$1 million) to fund the gasification of private residential homes in Almaty, partnering with the city's Akimat (Mayor's Office) on the project.

Foundation funding targets coal-to-gas conversion for private homes

Under a newly signed memorandum, the Almaty City Akimat will inspect private residences, consult with residents on connection procedures and coordinate the transition to natural gas heating. Qualified contractors will then carry out the construction and installation work required to connect each home to the gas network.

CEM Achieves Smelter Grade Alumina Breakthrough, Launches Prefeasibility Study

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CEM Achieves Smelter Grade Alumina Breakthrough, Launches Prefeasibility Study

Calgary – September 11, 2026 -- Canadian Energy Metals Corp. (CEM) has achieved proof-of-concept for producing Smelter Grade Alumina (SGA) from a non-bauxite resource, marking a potential shift in North America's aluminum supply chain, and has formally commenced its Prefeasibility Study (PFS) for the Thor Project in northeast Saskatchewan.

CEM's process converts black shale into alumina matching Bayer Process purity standards

The company's testing process converts boehmite, derived from precursors linked to High Purity Alumina (HPA) and Chemical Grade Alumina (CGA), into SGA that consistently matches the purity and specifications of alumina produced through the Bayer Process, the current industry standard for refining bauxite. SGA is the principal feedstock for aluminum metal production, and CEM's results were achieved without relying on bauxite, the conventional ore source.

German Fossil Fuel Demand to Persist Longer Than Expected: BearingPoint

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German Fossil Fuel Demand to Persist Longer Than Expected: BearingPoint

Frankfurt – September 11, 2026 -- Rising energy and fuel prices are changing consumer behavior in Germany but failing to trigger a rapid shift toward climate-friendly energy solutions, according to a new BearingPoint survey. The management and technology consultancy found that 53% of respondents plan no switch to greener mobility or heating options over the next two years, leaving fossil fuel infrastructure under sustained demand for longer than markets anticipated.

Higher prices cut driving but stop short of triggering investment

The survey shows 38% of respondents report driving less due to energy and fuel price increases over the past twelve months. Around a quarter shifted to alternatives: 11% use public transport more often, 13% cycle more, and 4% use electric vehicles more frequently. Meanwhile, 42% say price increases had no effect on their mobility behavior at all.

DNOW Faces Securities Suit Over MRC Global ERP Failures Before Merger

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DNOW Faces Securities Suit Over MRC Global ERP Failures Before Merger

San Francisco – September 11, 2026 -- DNOW Inc. (NYSE: DNOW) shares plunged 19% in a single session after the company disclosed that persistent ERP failures at newly acquired MRC Global Inc. had crushed revenues, triggering a securities class action lawsuit filed by Hagens Berman.

The suit centers on proxy materials tied to DNOW's merger with MRC Global, alleging management misrepresented the readiness of MRC's enterprise resource planning system ahead of a shareholder vote.

Shareholders who held stock as of September 11, 2026 form the proposed class

The defined investor class covers DNOW common stockholders as of the September 11, 2026 record date, who were entitled to vote at the company's September 11, 2026 special meeting approving the MRC Global merger. The lead plaintiff deadline is set for September 11, 2026.