Karoon Energy cuts Baúna production due to electrical failure
Karoon Energy defers approximately 3,500 barrels per day at Baúna after detecting an electrical failure in well SPS-92.
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
U.S. eases fuel efficiency standards for 2031
U.S. sets fuel efficiency at 34.9 mpg for 2031 and eases requirements for vehicle manufacturers.
Fuel prices in Italy drop, but remain above Eni cap
Gasoline and diesel prices fell slightly in Italy, although average prices continue to exceed the limits set by Eni.
NIO and Geely integrate their battery swap networks
NIO and Geely will integrate their battery swap and charging networks through cross-investments and common technological standards.
Waratah Super Battery enters full operation after long delays
The Waratah Super Battery reaches 850 MW and enters full operation to reinforce the stability of the Australian power grid.
The US will support Argentina’s LNG with financing of up to US$6 billion.
The United States is proposing to provide up to US$6 billion in financing to develop Argentina LNG's infrastructure related to the Vaca Muerta gas field.
China’s oil and gas demand weakens in 2026
High crude oil prices and the shift to alternative energy sources are putting pressure on China's oil and gas consumption in 2026.
Barrick will bring Avathon’s AI to its gold mines in North America
Barrick will integrate Avathon's AI to connect and optimize its gold mining operations in North America.
India increases LPG production by almost 20% amid restrictions in Hormuz
India has increased its LPG production to 44,000 metric tons per day as restrictions in the Gulf are putting pressure on its imports.
CSL OWL SRI launches the MV Rock Star, an underwater rock installation vessel
The MV Rock Star has a capacity of 17,500 metric tons and is equipped with DP2 technology for placing rock in offshore wind projects.
Allseas prepares to lift 60,000 tons to dismantle Statfjord A in the North Sea
The Pioneering Spirit will remove the 60,000-tonne superstructure of Statfjord A in a single lift under the supervision of ABL.
The OECD expects that investment in AI will cushion the energy shock
AI investment is driving part of global growth, while the energy crisis is increasing economic risks through 2027.