International Chemical Investors Group (ICIG) today announced the acquisition of the European Advanced Organics business from Valtris Specialty Chemicals. The acquisition includes production plants in Tessenderlo (Belgium) and Maastricht (the Netherlands) as well as the benzyl chloride and derivatives portfolio manufactured at those sites.
Italian oil and gas company Eni has completed the sale of its Nikaitchuq and Oooguruk oil assets in Alaska, US, to Hilcorp in a deal valued at $1bn. This deal, which was signed in June 2024, is part of Eni’s broader plan to rebalance its portfolio by divesting non-core assets.
Abu Dhabi National Oil Company (ADNOC) and AIQ have unveiled ENERGYai, a custom-built agentic AI solution for the energy industry. The announcement was made at the Abu Dhabi International Petroleum Exhibition & Conference. ADNOC said the agentic solution will perceive, think, learn and take action to create value and improve sustainability across its operations.