Energy.
Petrobras announces approval to join new economic subsidy program
Petrobras announces that its Board of Directors, at a meeting held this Friday, September 18, approved the Company’s participation in the economic subsidy program for producers and importers of diesel fuel and its blending components, established by Provisional Measure No. 1,391, dated September 11, 2026. The Company’s participation will be governed by the applicable regulations, including…
India begins drilling in Mahanadi Offshore Basin for oil and gas in deep-water push
ONGC operates MN-DWN18-1-HD off Odisha coast Deep-water push to unlock new production capability India has started drilling the first appraisal well in the Mahanadi Offshore Basin --…
Energia Costa Azul, Mexico’s second LNG terminal, shipped first cargo
North America liquefied natural gas export facilities (2016–2031) Energia Costa Azul, the second liquefied natural gas (LNG) export facility in Mexico, shipped its initial cargo from Phase 1 of the…
Entr and Unitech Power Systems to support Scotland’s Bellrock Offshore Wind Farm
Aker Solutions’ consultancy arm, Entr and its wholly owned subsidiary Unitech Power Systems have been awarded a contract by Nadara, one of Europe’s largest renewable-energy independent power…
Equinor entered a securing rig capacity for high production on the Norwegian continental shelf
Equinor has entered into a letter of intent with Transocean for the use of three Cat D rigs on the Norwegian continental shelf. The agreement is worth around USD 1 billion and will contribute to…
Norway’s Aker-backed Føn Energy Services signs multi-million-euro contract with Baltic Power, the most advanced offshore wind project in Poland
Føn Energy Services Poland has signed a multi-year contract with Baltic Power for the delivery of integrated O&M services at the offshore wind farm in Poland The offshore wind market in the…
Global demand for LNG expected to grow by 65% by 2050
Global demand for liquefied natural gas (LNG) is expected to increase to nearly 700 million tonnes a year by 2050, an increase of around 65% from 2025 levels1, according to Shell’s LNG Outlook…
Eni enters the upstream of the Argentina LNG integrated project
Eni signed the Sale and Purchase Agreement (SPA) for the acquisition of a 32% interest in three upstream blocks (Meseta Buena Esperanza, Aguada Villanueva, and Las Tacanas), which are part of the…
Lower vessel calls and fuel sales weigh on Singapore’s conventional bunker sales in February
A smaller number of vessels arriving to bunker during the shorter month of February, along with lower sales of VLSFO, HSFO and LSMGO, contributed to a 12% decline in total bunker fuel sales at the…
Equinor strengthens helicopter capacity in Bergen
Equinor has awarded Bristow Norway AS a contract for helicopter services in Bergen, Norway. The agreement covers two S‑92 helicopters that will provide offshore transport services from Flesland…
Liz Westcott appointed Woodside CEO
The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director. Ms Westcott, who has served as Woodside Acting CEO since the departure of Meg…
Oil prices rise despite IEA reserves release
Drawdown of stocks provides temporary relief, but reopening the Strait of Hormuz is the only lasting solution Amid all the statistics from the Iran war about missiles fired and sorties…
New Fortress Energy signs restructuring support agreement
New Fortress Energy announced that it has entered into a Restructuring Support Agreement with its creditors as part of a consensual UK Restructuring Plan , in what is expected to be one of the…
Equinor new oil discovery strengthens the development of Johan Castberg
Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.
TerraNavitas Introduces ODIS Explore, an AI-Native Oilfield Data Intelligence Workspace Built on 4.6M+ Wells/Permits and ~99% U.S. Production Coverage
TerraNavitas, Inc. announced the launch of ODIS Explore, the first generally available module of ODIS (Oilfield Data Intelligence & Simulation), an AI-native oilfield intelligence workspace…
CSM Energy marks major milestone for next-generation onshore and offshore wind vessel project
CSM Energy has marked a significant milestone in the development of the next generation of onshore and offshore wind service vessels, following a strategic project workshop and the successful steel…
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