Oil and Gas
Equinor abandons its 2030 renewable energy target and prioritizes oil and gas
Equinor revised its energy strategy and eliminated its renewable capacity target planned for 2030.
Latest Energy News
Wind Energy
Siemens Energy and NSORe to build offshore converter system for 50Hertz
Germany boosts local manufacturing of 2 GW offshore platforms with the construction of an offshore converter platform and a station to integrate offshore wind…
Oil and Gas
Equinor drills a dry well beneath the Heidrun field in the Norwegian Sea
The exploratory well 6507/8-D-4 CH confirmed the absence of hydrocarbons at deep levels of the Heidrun field.
Wind Energy
Shell plans to sell wind farms for $1 billion
Energy exploration and liquefied natural gas are part of its business plan to reinforce its LNG strategy
Upstream
Blackrod Phase 1 begins production and targets 30,000 bopd
Blackrod Phase 1 began production in Alberta and projects reaching 30,000 barrels per day, consolidating itself as a strategic Canadian upstream asset.
Oil and Gas
The IEA forecasts an oil surplus in 2027 after the reopening of the Strait of Hormuz
The IEA projects an oil oversupply in 2027 driven by the gradual recovery of the Middle East and Hormuz.
Oil and Gas
Texas Power Generation Hub to drive new natural gas demand
Texas Power Generation Hub projects 5.2 GW of power generation and accelerates strategic investments in natural gas and energy infrastructure.
Oil and Gas
MOL Group and partners sign production sharing agreement to explore the Libyan Sea
The consortium formed with Repsol and TPAO will begin hydrocarbon exploration in offshore block O7 in the Mediterranean Sea.
New Energies
Ocean Winds Begins Turbine Assembly at Dieppe Le Tréport Offshore Wind Farm
The French offshore wind farm begins the assembly phase of its turbines to supply clean energy to eight hundred fifty thousand people.
Oil and Gas
JAPEX Completes Natural Gas Exploratory Drilling in Hokkaido
The petroleum firm rules out immediate commercial exploitation after evaluating the volume of resources detected off the coast of Hidaka.
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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