EnQuest wins Cendramas PSC partnership in Malaysia
The LOA will become effective on September 23, 2026, following the signing of the Joint Operating Agreement and the PSC.
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India’s coal consumption could double by 2050
India's coal demand could exceed 2.6 billion tons by 2050 under current policies, according to official projections.
OPEC forecasts a drop in demand for OPEC+ crude oil in the second quarter
OPEC anticipates a drop in demand for OPEC+ crude oil of 400,000 barrels per day during the second quarter of the year.
TotalEnergies reduces share buybacks after oil and gas slump
Repurchase declines to US$750 million in the first quarter while Q4 adjusted net income came in at US$3.8 billion.
Seatrium initiates international arbitration against Petrobras for the P-54 FPSO
The US$55.7 million FPSO P-54 dispute escalates to international arbitration in London.
Duke Energy exceeds 2025 EPS forecasts and projects growth to 2030
Grid expansion and technological upgrades continue to be long-term structural drivers.
Australia approves exploration rights in Taroom Trough
The Executive argues that extending the exploration frontier will put downward pressure on gas prices and strengthen Queensland's energy security.
Equinor to increase international oil and gas production by 23% by 2030
The figure marks a clear shift to higher-yielding assets outside Norway.
Vitol adjusts its oil consumption forecasts
The report highlights that decarbonization strategies have lost prominence in the recent global agenda.
U.S. announces suspension of Mexican oil shipments to Cuba
The stated objective is to support without compromising the stability of the relationship with Mexico's main trading partner.
Maxim Power Corp secures industrial capacity for its Prairie Lights project
It anticipates total expenditures of up to Cdn$60 million during 2026, which it plans to cover through available cash and operating cash flow.
Congo LNG project begins exports with the first Phase 2 shipment
The company has maintained a presence in the Republic of Congo since the late 1960s and is today the leading producer of associated gas.