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Petroleum prices reacted to economic and geopolitical uncertainty in the 2Q25

Energy prices Âé¶¹´«Ã½Ó³»­“ along with other globally traded commodities, equities, and currencies Âé¶¹´«Ã½Ó³»­“ were more volatile in 2Q25 amid significant uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East.

 
 
 
 
 

Baker Hughes to acquire Chart Industries

Baker Hughes and Chart Industries have announced that they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of ChartÂé¶¹´«Ã½Ó³»­™s common stock for US$210 per share in cash, equivalent to a total enterprise value of US$13.6 billion.

 

FIC announces further collaboration with Matterhorn Express Pipeline

FIC says the transaction allows it to support the platformÂé¶¹´«Ã½Ó³»­™s future growth while providing FICÂé¶¹´«Ã½Ó³»­™s pre-existing limited partners the opportunity to monetise performance on a successful investment in Matterhorn.

 
 

Chevron completes acquisition of Hess

Chevron Corporation has announced that it has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding HessÂé¶¹´«Ã½Ó³»­™ offshore Guyana asset.