
Stargate Hydrogen has entered into an alliance with Repsol through a transaction in which Repsol’s corporate venture arm acquired a minority stake in Stargate to support its international growth, manufacturing scale-up, and technology development.

Texas-based exploration and production player Beacon Offshore Energy has begun oil and natural gas production from a deepwater project connected to a floating production system (FPS) facility in the Gulf of America, formerly the U.S. Gulf of Mexico.