Industry News
Power restoration underway after major outage in Spain and Portugal
Power has begun to return to Spain and Portugal following a significant outage that disrupted daily life across the Iberian peninsula.
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Analyst Comment
Biofuels in focus: Oil & gas players expand their footprint in renewable fuels
The biofuels sector is experiencing significant growth and transformation, driven by the urgent need to decarbonise the energy landscape and diversify fuel sources.
Industry News
Eni reaches financial close with UK Government for Liverpool Bay CCS project
Eni has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS (carbon capture and storage) project.
Industry News
SLB reports lower spending by oil producers and impacts from tariffs
SLB has indicated a potential downturn in spending by oil producers and highlighted the impact of tariffs on its operations.
Industry News
Vallourec secures contract to supply OCTG products to Kuwait Oil Company
Vallourec has secured a contract from Kuwait Oil Company (KOC) to supply Oil Country Tubular Goods (OCTG) for drilling operations.
Industry News
Beyond PFAS: Innovating for a future without forever chemicals
Potential regulation against PFAS means companies require innovative, sustainable materials as alternatives to fill the gap.
Industry News
Wison New Energies signs DFS contract for new FLNG facility in Suriname
Wison New Energies (WNE) has secured a contract to perform a detailed feasibility study (DFS) for a new-build Floating Liquefied Natural Gas (FLNG) facility in Suriname’s Offshore Block 52.
Industry News
Ukraine requires $2.9bn for gas imports in 2025, National Bank reports
The National Bank of Ukraine has announced a requirement of $2.9bn to fund gas imports in 2025, following significant damage to the country’s gas production facilities by Russian missile and drone attacks.
Industry News
Russia, Iran agree on 55bcm of annual gas supplies
Russia and Iran have reached a preliminary agreement on annual gas supplies of 55 billion cubic metres (bcm), with the pricing yet to be finalised.
Industry News
Cairn, EMGS partner for subsurface mapping in India’s KG Basin
Cairn Oil & Gas has partnered with EMGS to perform a 3D CSEM survey in the deepwater Krishna-Godavari (KG) Basin off India’s east coast.