Oil and Gas
Vitol adjusts its oil consumption forecasts
The report highlights that decarbonization strategies have lost prominence in the recent global agenda.
Latest Energy News
Oil and Gas
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.
Oil and Gas
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.
Oil and Gas
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.
Oil and Gas
New Zealand moves ahead with LNG imports to improve energy security
The government has shortlisted proposals and is moving towards commercial contracting, with the goal of signing agreements by mid-2026.
Oil and Gas
Shell faces sharp drop in reserves and needs key agreements
The British oil company has less than eight years of reserve life and will have to resort to acquisitions or exploratory finds to sustain…
Oil and Gas
Perenco installs Kombi 2 platform in Congo to boost KLL field
Kombi 2 facility will allow drilling six new wells in 2026 and increase the operational efficiency of the KLL field in Congo.
Maritime
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.
Oil and Gas
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.
New Energies
TotalEnergies to supply 1 GW of solar power to Google in Texas for 15 years
TotalEnergies will provide 1 GW of solar power for 15 years for Google's data centers in Texas, strengthening the energy infrastructure for AI.
Energy's Industry Voices & Event Coverage
Eddyfi redefines non-destructive testing with sensors and robotics
OSRL 2025 consolidates technical cooperation in spill preparedness
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