Norwegian oil investment expected to decline by 2026
Oil investment is poised for a gradual slowdown in the coming years.
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Kito Crosby leads 600 ton offshore contract in the U.S.
Crosby's 600-ton lifting system will be key to critical operations on the new floating unit in the Gulf.
AES Indiana activates 250 MW solar energy center in Indiana
AES Indiana begins operations at the Petersburg Energy Center, with 250 MW of solar power and 180 MWh of batteries, strengthening the electricity supply…
IEA lowers its oil demand growth forecast for 2026
The agency estimates growth of only 850,000 barrels per day driven by developing economies.
Shipping industry stays green despite slowdown in carbon pricing
Shipping companies maintain investments in clean technologies despite the postponement of the global carbon price.
Petrobras exceeds 3 million barrels per day driven by the pre-salt
Brazilian oil company achieves its best performance in a decade with record-breaking total production and 175% reserve replenishment rate
PTTEP Sarawak Oil approves FID for SK405B project in Malaysia
The SK405B IDF sets production in 2028 at 15,000 barrels per day and zero flaring.
Hydrexia completes first regional shipment of Solid State Hydrogen
Hydrexia validates maritime solid hydrogen transport with its MHX system, optimizing safety and costs in Asia.
Associations demand increase in onshore wind tenders in Germany 2026
Associations call for more wind tenders in 2026: ready projects could quickly reduce coal-fired generation and strengthen the energy transition.
Harbour Energy secures acquisition of LLOG for US$3.2 billion
The acquisition strengthens Harbour Energy's position in the U.S. offshore market and balances its geographic exposure.