Energy Transition
News
January 19, 2026
ADNOC Gas has signed a 10-year LNG sales and purchase agreement valued at up to $3 billion with Hindustan Petroleum, supplying 0.5 MMtpa from its Das Island facility and deepening the UAE-India energy partnership.
News
January 16, 2026
Mitsubishi Corporation is entering the U.S. shale gas market with a $5.2-billion acquisition of Aethon Energy’s Haynesville Shale assets in Louisiana and Texas. The deal adds about 2.1 Bcf/d of gas production and strengthens Mitsubishi’s integrated LNG value chain with access to Gulf Coast export infrastructure.
News
January 14, 2026
Shell and Exxon have pulled a planned sale of strategic UK North Sea gas assets to Viaro, citing unresolved regulatory and market conditions after months of review.
News
January 14, 2026
bp has flagged $4–$5 billion in post-tax impairments tied to its energy transition businesses in a fourth-quarter trading update, while reporting broadly flat upstream production and lower net debt ahead of full-year results.
News
January 13, 2026
INEOS has criticized the UK’s net-zero strategy after a report from the Institute of Economic Affairs (IEA) estimated decarbonization costs could reach £7.6 trillion, raising concerns over industrial competitiveness and energy security.
News
January 12, 2026
Malaysia’s national oil company Petronas has taken its dispute with Petroleum Sarawak Bhd. to the country’s top court, seeking clarity over gas ownership and potential impacts to LNG operations in resource-rich Sarawak.
News
January 07, 2026
Equinor has awarded ABL a marine warranty survey contract for Phase 2 of Norway’s Northern Lights CCS project, supporting the expansion of CO₂ transport and storage capacity to meet rising European demand.
Article
December 2025
From the political scene to the continued growth of hydrocarbon energy, the global climate consensus and the push for Net Zero are crumbling. It’s time for nations to return to sensible energy policy.
Article
December 2025
As geothermal energy expands, industry experts are securing the future by standardizing the essential operational pivot from hydrostatic to thermodynamic control.
News
January 06, 2026
IPAA is asking the U.S. Environmental Protection Agency to revise Subpart W methane reporting rules, saying current definitions and emission factors create disproportionate costs for small and marginal-well operators.
News
January 06, 2026
InCapture has awarded Wood the concept engineering phase for its G-15-AP CCS acreage offshore Australia, as appraisal drilling continues toward declaration of storage formation.
News
January 05, 2026
Mozambique LNG illustrates how shifting climate policies, security assessments and political priorities in key financing countries are slowing African LNG projects, raising costs and extending development timelines across the continent.
News
December 31, 2025
African producers are turning regulatory reform into real upstream gains. From Angola’s $70B project pipeline to Nigeria’s accelerated licensing and Congo’s LNG expansion, policy shifts are reshaping investment across the continent.
News
December 29, 2025
Woodside and Türkiye’s BOTAŞ have finalized a long-term LNG sale and purchase agreement for 5.8 Bcm of gas, equal to 0.5 MMtpa over nine years starting in 2030.
News
December 26, 2025
bp will sell a majority stake in Castrol in a $10.1-billion deal while retaining 35% ownership—reshaping capital allocation as it sharpens upstream and LNG focus.
News
December 22, 2025
Baker Hughes has received a notice to proceed to supply six liquefaction trains for the 9.5-MMtpa Commonwealth LNG export project in Cameron, Louisiana.
News
December 22, 2025
NOIA urged the administration to lift a pause on offshore wind construction, saying national security reviews are already in place and delays could hurt jobs and U.S. energy competitiveness.
News
December 22, 2025
Block Energy said its Phase 1 CCS pilot in Georgia achieved rapid CO₂ mineralization, confirming permanent storage and supporting plans for field-wide scale-up.
News
December 16, 2025
Subsea7 has secured a substantial subsea installation contract from Chevron Australia for the Gorgon Stage 3 project, covering engineering, fabrication and deepwater installation activities offshore Western Australia, with offshore operations planned for 2028.
News
December 09, 2025
EnerMech has secured a key pre-commissioning contract from Bechtel for Woodside’s Pluto LNG Train 2 project in Western Australia. The scope includes chemical cleaning of critical systems as the 5-MMtpa LNG expansion prepares to move toward commissioning.
News
December 09, 2025
ExxonMobil has raised its 2030 outlook, projecting stronger upstream earnings and cash flow growth without increasing capital spending. The updated plan highlights accelerated production growth in the Permian, Guyana and LNG, deeper cost reductions, and earlier-than-expected emissions targets.
