Energy Transition
News
August 06, 2025
ADNOC Gas has announced Q2 2025 results, with net income rising by 16% year-on-year (YoY) to a record $1.385 billion and EBITDA increasing by 8% YoY to $2.256 billion.
News
August 05, 2025
KBC (A Yokogawa Company) has announced the launch of Petro- SIM® v7.6, the latest release of its flagship digital twin process simulation platform for the upstream and downstream oil and gas sectors.
News
August 05, 2025
Halliburton has secured a contract to provide completions and downhole monitoring services for the Northern Endurance Partnership (NEP) carbon capture and storage (CCS) system in northeast England’s East Coast Cluster (ECC).
News
August 04, 2025
Technip Energies has been awarded a major Engineering, Procurement, and Construction (EPC) contract by Commonwealth LNG for its 9.5 MMtpa liquefied natural gas (LNG) facility located in Cameron Parish, Louisiana, U.S.
News
August 04, 2025
ADNOC Gas has announced the signing of a Heads of Agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum (MMtpa) of liquefied natural gas (LNG) for a 10-year term.
News
August 04, 2025
A joint venture between Fluor Corporation and JGC Corporation has been awarded a contract to update the Front-End Engineering and Design (FEED) for a proposed Phase 2 expansion of the LNG Canada facility, located in British Columbia.
News
August 01, 2025
Partners in Kazakhstan’s second-largest oil field won a case in a local court over environmental fine that could have exceeded $4 billion, the venture said.
News
July 31, 2025
German energy company Uniper and Tourmaline Oil Corp., Canada’s largest producer of natural gas, have finalized an eight-year physical gas agreement for 80,000 MMBtu per day beginning in November 2028.
News
July 31, 2025
The ES valves are currently being piloted in live operating conditions at Upper Zakum and Das Island - key production fields with high operational and environmental expectations. Conducted in both onshore and offshore environments, the pilot aims to eliminate fugitive emissions.
News
July 30, 2025
Woodside will assume operatorship of ExxonMobil's Bass Strait assets in a historic deal that will unlock additional gas resources in Australia. As operator, Woodside will oversee asset planning, execution and production-boosting strategies.
News
July 29, 2025
The Trump administration and EPA Administrator Lee Zeldin have reversed the 2009 ‘endangerment finding’, which made greenhouse gases, including CO₂, subject to agency regulation. Texas Railroad Commissioner Wayne Christian voiced his support of the ruling.
News
July 29, 2025
The National Observatory of Brazil (Observatório Nacional) has purchased STRYDE’s Mini and Nimble seismic systems to support its geophysical research and exploration activities across Brazil, STRYDE announced on Tuesday.
News
July 29, 2025
Baker Hughes announced today a definitive agreement to acquire Chart Industries in a deal valued at a total of $13.6 billion. Notably, the acquisition will strengthen Baker Hughes' presence in the LNG and data center sectors.
News
July 29, 2025
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy.
News
July 28, 2025
Venture Global has reached final investment decision and successful closing of the $15.1 billion project financing for the first phase of the company’s third project, CP2. This milestone represents the largest standalone project financing ever.
News
July 25, 2025
House Republicans are moving forward with plans to pull U.S. funding for the International Energy Agency, saying the group has abandoned objectivity when it comes to projecting the growth of clean energy.
News
July 24, 2025
The methane intensity of oil and gas production in the Permian basin declined by more than 50% during the 2022-2024 period according to a new analysis by S&P Global Commodity Insights.
News
July 23, 2025
Global supply of liquefied natural gas is set to surge the most since 2019 next year, primarily driven by production additions in North America, the International Energy Agency said.
News
July 22, 2025
Shell, Aker BP and Enbridge have all left the SBTi, the leading global standard setter for corporate climate targets. The retreat started late last year after the companies were told that a net zero emissions strategy accredited by SBTi would require them to stop developing new oil and gas fields, the Financial Times reported.
News
July 22, 2025
SLB will deploy its Sequestri™ carbon storage solutions portfolio to construct six carbon storage wells in the North Sea for the Northern Endurance Partnership (NEP), an incorporated joint venture between bp, Equinor and TotalEnergies.
News
July 21, 2025
Mozambican President Daniel Chapo said he expects to soon conclude talks with TotalEnergies SE over the restart of a $20 billion natural-gas project that halted four years ago because of an Islamic State-linked insurgency.
