Oil & Gas

Sinopec Launches Global CCUS Initiative With Kazakhstan, ICTO

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Sinopec Launches Global CCUS Initiative With Kazakhstan, ICTO

Astana – September 10, 2026 -- China Petroleum & Chemical Corporation (Sinopec, HKG: 0386) has joined Kazakhstan's Ministry of Energy, the International CCUS Technology Cooperation Organization (ICTO) and Nazarbayev University's Institute of New Materials and Energy Technologies to launch a low-carbon energy cooperation initiative aimed at deepening global CCUS collaboration.

The initiative was unveiled at the International Conference on CCUS Technologies 2026, held September 1-2 in Astana, and calls for closer alignment on CCUS technology standards and expanded professional exchange among industry practitioners.

Sinopec, Kazakhstan Launch Global CCUS Cooperation Initiative

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Sinopec, Kazakhstan Launch Global CCUS Cooperation Initiative

Astana – September 10, 2026 -- China Petroleum & Chemical Corporation (Sinopec, HKG: 0386) has co-launched a Low-Carbon Energy Development Cooperation Initiative with Kazakhstan's Energy Ministry, Nazarbayev University's Institute for New Materials and Energy Technologies, and the International Organization for Technological Innovation Cooperation on CCUS (ICTO), aiming to deepen coordination on carbon capture, utilization and storage technologies and standards.

Sinopec Launches Low-Carbon Energy Initiative With Kazakhstan at CCUS Summit

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Sinopec Launches Low-Carbon Energy Initiative With Kazakhstan at CCUS Summit

Astana – September 09, 2026 -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") joined Kazakhstan's Ministry of Energy, the International Cooperation Organization for Technological Innovation in CCUS (ICTO), and the Institute of New Materials and Energy Technologies at Nazarbayev University to launch a Low-Carbon Energy Development Cooperation Initiative at the 2026 International CCUS Technology Conference in Astana on September 1-2.

Initiative targets closer coordination on CCUS technology and standards
The initiative aims to strengthen collaboration on carbon capture, utilization and storage (CCUS) technologies and standards, alongside expanded professional exchange across the sector. Government, industry and international-organization representatives from China, Kazakhstan, the United Kingdom, the United States and Canada attended the launch.

Quantinuum, Aramco Sign MOU to Explore Industrial Quantum Computing

Riyadh – September 09, 2026 -- Quantinuum has signed a non-binding memorandum of understanding with Aramco, one of the world's largest integrated energy and chemicals companies, to explore industrial use cases for quantum computing and lay groundwork for a potential fault-tolerant quantum computing research collaboration.

Companies plan preliminary technical integration and knowledge exchange

Under the MOU, Quantinuum and Aramco intend to carry out an initial phase of technical integration and knowledge-sharing activities. The two parties will identify challenges facing Aramco that could be suited to quantum computing research, with emphasis on solving complex problems in energy and digital transformation.

FirstEnergy Names Jon Dormo VP to Lead New Generation Projects

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FirstEnergy Names Jon Dormo VP to Lead New Generation Projects

Akron, Ohio – September 09, 2026 -- FirstEnergy Corp. (NYSE: FE) has appointed Jon Dormo as Vice President of Generation Project Development, tasking him with planning and developing new power generation projects to meet rapidly growing customer electricity demand.

Dormo will report to Chris Beam, FirstEnergy's President of West Virginia and Maryland

He will coordinate with internal teams, community leaders and regulators to advance reliable, affordable electricity sources across FirstEnergy's service territory.

Quantinuum, Aramco Sign MOU to Explore Quantum Computing in Energy

Riyadh – September 09, 2026 -- Quantinuum has signed a non-binding memorandum of understanding (MOU) with Aramco, one of the world's largest integrated energy and chemicals companies, to explore industrial quantum computing use cases and lay groundwork for a potential research collaboration focused on fault-tolerant quantum computing.

Aramco and Quantinuum will jointly identify energy-sector problems suited for quantum research

Under the MOU, the two companies plan to begin initial technical onboarding and knowledge-sharing efforts. They will identify Aramco challenges suitable for quantum computing research, with emphasis on solving complex problems in energy and digital transformation.

The collaboration aims to assess how future generations of quantum systems could address relevant scientific and industrial challenges, and to compare different quantum computing modalities.

Quantinuum, Aramco Sign MOU to Explore Quantum Computing for Energy

Riyadh, Saudi Arabia – September 08, 2026 -- Quantinuum and Aramco have signed a non-binding memorandum of understanding to explore industrial applications of quantum computing across the energy sector, the companies announced.

Aramco and Quantinuum plan technical onboarding to identify energy-sector challenges suited to quantum computing

Under the MOU, the two companies intend to undertake preliminary technical onboarding and knowledge exchange activities. They will identify Aramco's operational and scientific challenges that may be suitable for quantum computing research, with emphasis on solving complex problems tied to energy and digital transformation.

Sempra Declares $0.6575 Quarterly Dividend Payable Oct. 15

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Sempra Declares $0.6575 Quarterly Dividend Payable Oct. 15

San Diego – September 08, 2026 -- Sempra (NYSE: SRE) has declared a quarterly dividend of $0.6575 per share on its common stock, the company confirmed.

Board sets record and payment dates for shareholders

The dividend will be paid on Oct. 15, 2026, to shareholders of record as of the close of business on Sept. 24, 2026, according to the company's announcement.

Sempra operates one of the largest energy networks in North America, with operations concentrated in California and Texas.

Shell Completes $13.9B Acquisition of ARC Resources in Montney Basin

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Shell Completes $13.9B Acquisition of ARC Resources in Montney Basin

Calgary – September 08, 2026 -- Shell plc has closed its acquisition of ARC Resources Ltd. (TSX: ARX), adding roughly 370 kboe/d of immediate production capacity across liquids and gas in Canada's Montney basin after clearing all shareholder, court and regulatory approvals.

Deal adds 370 kboe/d and lifts Shell's production growth outlook to 4% CAGR through 2030

The transaction accelerates Shell's stated strategy of expanding exposure to long-duration, low-cost liquids production. Shell said the addition supports a production compound annual growth rate of approximately 4% through 2030 compared with 2025 levels.

Pilot-Operated Gas Regulators Market to Hit $0.52B by 2031

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Pilot-Operated Gas Regulators Market to Hit $0.52B by 2031

Delray Beach, Fla. – September 08, 2026 -- The global pilot-operated gas regulators market is projected to grow from USD 0.39 billion in 2026 to USD 0.52 billion by 2031, expanding at a compound annual growth rate of 5.6%, according to MarketsandMarkets.

Asia Pacific emerges as the fastest-growing regional market with a 6.6% CAGR

China, India, Japan, South Korea and Southeast Asian nations are investing in gas pipelines, LNG terminals and gas processing facilities, driving demand for pressure regulation equipment. India's expansion of its City Gas Distribution network is increasing requirements for pressure-reduction stations across residential, commercial and industrial applications, while China continues to expand its natural gas pipeline and LNG infrastructure.