Shell Loran: License for 7 TCF of Offshore Gas
Shell Loran receives a license to develop an offshore field with estimated reserves of 7 TCF of gas, strengthening energy activity in Venezuela and gas production projects in Caribbean waters.
Shell Loran receives a license to develop an offshore field with estimated reserves of 7 TCF of gas, strengthening energy activity in Venezuela and gas production projects in Caribbean waters.
European offshore wind energy faces a 40 GW deficit against 2030 targets, increasing pressure on projects and investments.
Vaca Muerta production exceeded the threshold of 50% of Argentina's national oil and natural gas production in 2026.
The UK's National Energy System Operator offered grid connection dates to 713 energy projects with 37 GW of capacity.
General Manager Inagaki confirmed that TEPCO is transferring fuel from Reactor No. 6 to other units at the plant with more available space.
Poland will finalize the technological and financial partner for its second nuclear power plant in 2027, with major companies as candidates.
The volume represents one of the lowest levels on record for Saudi supply to the world’s largest oil importer.
Oil prices fell nearly 3% after the suspension of attacks against Iran, reducing the geopolitical risk premium and putting pressure on Brent and WTI.
The move demonstrates that Saudi Arabia has operational alternative infrastructure to sustain its export commitments.
USA recorded oil and fuel exports of 10.5 MMbpd in May 2026, simultaneously surpassing Saudi Arabia and Russia to become the world’s largest oil exporter for the third consecutive month.
The change in leadership represents a strategic move for the company.
Digital energy terminals, automation, and artificial intelligence will drive the main discussions at ILTA 2026 in Houston.