Researchers at the International Centre for Radio Astronomy Research (ICRAR) made the discovery about galaxies by studying the gas distribution that helps create stars. Using CSIRO’s ASKAP radio telescope located at Inyarrimanha Ilgari Bundara, the CSIRO Murchison Radio-astronomy Observatory, researchers explored the gas distribution in about 1,000 galaxies as partContinue Reading
This post is co-written with Kaustubh Kambli from DXC Technology. DXC Technology is an IT services leader with more than 130,000 employees supporting 6,000 customers in over 70 countries. DXC builds offerings across industry verticals to deliver accelerated value to their customers. One of the sectors DXC has deep expertiseContinue Reading
Jul. 11, 2024 10:32 AM ETNatural Gas Futures (NG1:COM)UNG, FCG, UNL, BOIL, KOLD, DGAZF, HNU:CA, HND:CA, HUN:CA, CABy: Arundhati Sarkar, SA News Editor Stocks for the week ended July 5, 2024, were 3,199 Bcf vs. 3,134 Bcf for the week ended June 28, 2024. Net change: +65 Bcf vs. +32 Bcf for the week ended June 28, 2024. Consensus estimate forContinue Reading
sasacvetkovic33/E+ via Getty Images Diversified Energy (OTCQX:DEC) said Wednesday it agreed to acquire east Texas natural gas properties and related facilities from Crescent Pass Energy in an all-stock deal valued at ~$106M. Diversified Energy (OTCQX:DEC) said the assets include 827 net operated PDP wells that are expected to add 38MContinue Reading
Spencer Platt/Getty Images News Honeywell (NASDAQ:HON) said Wednesday it agreed to acquire Air Products’ (APD) liquefied natural gas process technology and equipment business for $1.81B in cash, allowing it to expand its offerings as the share of liquefied natural gas in the global gas supply continues to grow. Honeywell (HON)Continue Reading
Scott Barbour/Getty Images News Shell (NYSE:SHEL) said Tuesday it made a final investment decision on the Manatee project, an undeveloped natural gas field offshore Trinidad and Tobago, which it said will bolster its liquefied natural gas portfolio. Shell (SHEL) said Manatee will allow it to grow its integrated gas businessContinue Reading
abadonian The boom in artificial intelligence technology development and demand sets up companies focused on natural gas as trend winners, Wells Fargo Investment Institute (WFII) said. Midstream energy companies focused on natural gas should be visible long-term beneficiaries from the build out of data-center capacity in the U.S. to runContinue Reading
straga/iStock via Getty Images Saudi Aramco (ARMCO) and Abu Dhabi National Oil Co. have been separately studying potential bids for Australia’s Santos (OTCPK:STOSF) (OTCPK:SSLZY), as both seek to ramp up their natural gas investments overseas, Bloomberg reported late Wednesday. Santos (OTCPK:STOSF) (OTCPK:SSLZY) owns liquefied natural gas projects in Australia, PapuaContinue Reading
Sean Gallup/Getty Images News Germany’s government said Wednesday it has blocked the planned sale of the gas turbine business of Volkswagen’s (OTCPK:VWAGY) (OTCPK:VLKAF) MAN Energy Solutions unit to a Chinese company, citing security reasons. The sale to Chinese state-owned CSIC Longjiang GH Gas Turbine Co., a subsidiary of China StateContinue Reading
Shares of Costco Wholesale Corporation (NASDAQ:COST) were trading more than 1% higher as an analyst note from Stifel noted the company’s increased market share in both the grocery and gas categories, accompanied by a 6% hike in its price target. According to Stifel’s data, Costco (COST) and Amazon (AMZN) currentlyContinue Reading
