Oil & Gas

ICOGT Launches New Expansion Phase Targeting Brazil, Africa Energy Markets

Dubai – September 08, 2026 -- International Company Oil & Gas Services & General Trading L.L.C. (ICOGT) has announced a new phase of international expansion targeting Latin America and North and West Africa, with Brazil identified as a primary market.

ICOGT restructures leadership under new CEO Igor V. Soglayevas

The Dubai-based group's strategic overhaul is being executed under the leadership of newly appointed CEO Igor V. Soglayevas, an international executive with experience in global business, strategic development and international markets. The initiative is being coordinated with the company's Board of Directors and senior management team.

Six Objections Filed in Pleasants Power Plant Bankruptcy Ahead of Sept. 3 Hearing

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Six Objections Filed in Pleasants Power Plant Bankruptcy Ahead of Sept. 3 Hearing

Belmont, W.Va. – September 07, 2026 -- Six separate objections have been filed in the Chapter 11 case of Omnis Pleasants, LLC, owner of the 1,278-megawatt Pleasants Power Station, ahead of a September 3 hearing before U.S. Bankruptcy Judge Karen B. Owens in Wilmington, Delaware.

Four objections come from Omnis and Quantum entities challenging lender protections

Omnis Fuel Technologies, LLC (doing business as Omnis Energy) and Quantum Pleasants, LLC filed four objections disputing whether obligations claimed by lenders TRAG LLC and RG Energy LLC are properly secured by Omnis Pleasants assets. The filings also challenge the proposed sale timetable and the retention of Herbert Smith Freehills Kramer (US) LLP as bankruptcy counsel, citing the firm's disclosed prior representation of TRAG and RG Energy. The debtor, lenders and HSF Kramer dispute these positions.

S&P Global Completes Sale of Upstream Software Unit to SLB

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S&P Global Completes Sale of Upstream Software Unit to SLB

New York – September 07, 2026 -- S&P Global (NYSE: SPGI) has completed the divestiture of its geoscience and petroleum engineering software portfolio to SLB, the oilfield technology company operating in more than 100 countries. Financial terms of the deal, first announced in April 2026, were not disclosed, and S&P Global said the transaction is not expected to materially impact its financial results or those of its Energy division.

SLB absorbs upstream workflow tools while S&P Global retains data distribution rights

Under the agreement, S&P Global Energy will continue supplying its proprietary data through the divested geoscience and petroleum engineering workflow tools now owned by SLB. The arrangement creates a strategic alliance designed to keep customers accessing S&P Global's datasets within the same tools they use for daily upstream operations.

ICOGT Launches Expansion Targeting Brazil, Africa Energy Markets

Dubai, UAE – September 07, 2026 -- International Company Oil & Gas Services & General Trading L.L.C. (ICOGT) announced a new phase of international expansion targeting Brazil, North Africa and West Africa, restructuring its operations around four strategic business verticals.

ICOGT appoints Igor V. Soglayevas as CEO to lead expansion strategy

Igor V. Soglayevas, an international executive with experience in global business and strategic development, now leads the renewed strategy execution alongside the Board of Directors and the Group's senior leadership team.

Group prioritizes Latin America and Africa for energy and chemicals trade

The expansion focuses primarily on Brazil, North Africa and West Africa, positioning ICOGT across energy, fertilizers, specialty chemicals and gas infrastructure markets.

Viridien Posts Full-Year 2025 Results as Geoscience Platform Diversifies Across Energy Transition, Mining and Maritime

SHERIDAN, WYOMING - April 14, 2026 - Viridien, the global technology and high-performance computing company specializing in Earth science, data science, sensing and monitoring, has released its full-year 2025 results alongside audited fourth-quarter figures. The company, which has over 90 years of experience enabling responsible energy resource development, has deliberately broadened its geoscience capabilities into carbon capture and storage, critical mineral discovery, maritime asset management and environmental intelligence. The release provides clients, partners and investors with a financial benchmark for a business undergoing multi-sector portfolio transformation. Viridien combines seismic imaging, advanced data science and high-performance computing to address complex subsurface and operational challenges for a growing cross-industry client base.

Baker Hughes Logs Argentina Gas Contract and Cordant SAP Award as 2025 Closes at Record Levels

SHERIDAN, WYOMING - April 14, 2026 - Baker Hughes has reported record performance for full-year 2025 and carried that commercial momentum into 2026 with a cluster of concurrent strategic developments: a gas technology contract supporting Argentina's gas infrastructure, a Global 2026 SAP® Partner Award for its Cordant™ industrial intelligence platform, and the introduction of iCenter™ Synthetic Flame Detectors for gas turbine applications. The group employs more than 56,000 people across operations in more than 120 countries, serving energy and industrial customers across oilfield services, LNG, turbomachinery, and digital solutions.

ACER urges tighter cost scrutiny for upstream Baltic Pipe charges in Danish gas tariffs

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SHERIDAN, WYOMING - March 23, 2026 - Danish gas tariff decisions in 2026 face a more demanding transparency test, with direct implications for how shippers, storage users and regulators evaluate network charges tied to upstream infrastructure. ACER's latest report reviews Energinet's proposed reference price methodology under the EU Network Code on Harmonised Transmission Tariff Structures and finds that while several core design elements align with the rules, the cost treatment of the upstream Baltic Pipe section cannot yet be fully assessed because key detail is missing.

Sidel Showcases Integrated Packaging Line Solutions at PPMA Total 2025

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SHERIDAN, WYOMING – September 01, 2025 – Sidel will use its presence at PPMA Total 2025 in Birmingham to reinforce a core message for the packaging industry: line performance is best achieved when every system works in harmony. With food, home and personal care (FHPC) manufacturers under pressure to improve efficiency, reduce environmental impact, and manage complex multi-format operations, the company positions itself as both a technology provider and strategic partner.

Precision Integration at the Forefront
At NEC Birmingham (Stand E52, September 23–25), Sidel will highlight its ability to act as a conductor rather than a component supplier. By synchronizing modular line designs, high-precision standalone machines, and digital intelligence tools, the company offers complete packaging harmony across applications such as jars, tins, pots, flexible packaging, glass and PET bottles, and beverage cans.

Unlocking the Power of Intelligent Cable Networks: A Framework for Understanding and Implementation

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R&M Unveils SYNO S-500 Dome Closure: A High-Density Solution for Evolving Fiber Optic Networks

SHERIDAN, WYOMING – Jan. 29, 2025 – The cable industry is undergoing a rapid transformation, fueled by innovations like smart amplifiers, connected devices, and the increasing prevalence of intelligent networks. To navigate this evolving landscape, it's crucial to establish a clear understanding of what "intelligence" truly means in this context. This article provides a practical framework for classifying and implementing intelligence within cable networks, focusing on functionalities already deployed by leading cable operators.

Defining Intelligence in Cable Networks

Intelligence in cable networks can be broadly categorized into two main types: