Aramco sets goal of 75% local content by 2030
The target of 75% localization by 2030 positions Aramco as the hub of Saudi industrialization.
Ruth Arteaga
I am a civil engineer and I work in the writing area. I have a deep passion for civil works. I constantly seek to update myself on new engineering technologies to integrate them into my work, since my main interest is exploring how innovations in the industrial sector can improve and transform the world.
All Ruth Arteaga publications
NYK agrees long-term charter with Cheniere for LNG carriers
NYK's first contract with Cheniere to operate state-of-the-art LNG carriers built by HD Hyundai from 2028.
PETRONAS Carigali adjusts Sabah stake and strengthens alliance with SMJ Energy
State-owned SMJ Energy takes 20% of the North Sabah block, strengthening its presence in East Malaysia's offshore resources.
Nauticus Robotics to establish underwater robotics center in Emirates
Nauticus' regional subsea robotics center will supply offshore operations from the Emirates to the Middle East and Africa.
MOL incorporates dual-fuel VLGC vessel for strategic alliance with TotalEnergies
230-meter vessel will operate on LPG and will be able to transport ammonia, in line with MOL and TotalEnergies' decarbonization goals.
Canadian airlines suspend flights to Cuba due to lack of fuel on the island
The warning of a possible fuel shortage shortage of jet fuel in Cuba The warning of a possible fuel shortage for planes in Cuba has materialized and several…
Tensions in the Middle East boost oil prices
Brent and WTI barrels rise after U.S. warnings about security in the Strait of Hormuz.
BP suspends share buyback and focuses capital on debt and oil
BP is moving away from quarterly buybacks and redirecting its capital to debt and new oil projects such as Boomerangue in Brazil.
EPA prepares key reversal that redefines U.S. climate policy.
The repeal of the endangerment finding weakens the federal ability to control the gases driving the climate crisis.
Rolls-Royce unveils new modular gas engine power plants
Rolls-Royce's new modular plants stabilize the grid and accelerate the energy transition with hydrogen-ready engines.
Transocean and Valaris merge in a USD 5.8 billion deal
Transocean and Valaris consolidate 73 rigs into a single entity to lead the upstream offshore drilling cycle.
Indian Oil and HPCL buy 2 million barrels of Venezuelan crude from Trafigura
India incorporates Venezuelan crude oil into its energy matrix in a context of geopolitical pressure and reconfiguration of global alliances.