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.
Latest Energy News
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.
Oil and Gas
Naftogaz Group secures long-term regasification capacity at the Klaipėda terminal
The Ukrainian corporation gains access to the global liquefied natural gas market to secure strategic supply between 2033 and 2044.
Oil and Gas
THREE60 Energy to Maintain Technical Support for Vår Energi in Norway
THREE60 Energy will provide multi-year technical support to Vår Energi for offshore operations in Norway.
New Energies
Vattenfall selects Rolls-Royce to build three SMR nuclear reactors in Sweden
The three SMR reactors will produce enough electricity for millions of Swedish households each year.
Oil and Gas
Fuel Quality in Russia: Standards Relaxed Due to Shortage
Refineries under maintenance, export pressures, and Western sanctions converge in a measure that alarms energy sector experts.
Oil and Gas
ConocoPhillips to boost gas production in Syria
The agreement ConocoPhillips is preparing with Syria prioritizes the development of already identified gas fields and the exploration of new reserves in the Syrian…
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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