Eco Wave Power and BladeRanger have unveiled a first-of-its-kind drone-powered maintenance system for onshore wave energy infrastructure, aimed at reducing operational costs and improving system performance.
A report by the International Atomic Energy Agency puts Iran’s 60% enriched uranium at 440.9 kg before Israeli and U.S. strikes, while the agency’s access to enrichment sites has remained suspended since the operations.
President Gustavo Petro bans all coal exports to Israel, a decision with minor energy effects but strong diplomatic weight, illustrating his anti-Americanism and attempts to reshape Colombia’s domestic politics.
Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
Baghdad and Damascus intensify discussions to reactivate the 850 km pipeline closed since 2003, offering a Mediterranean alternative amid regional tensions and export blockages.
Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.
OPEC+ oil production fell to 41.65 million barrels per day in July 2025, reveals S&P Global's Platts survey, as Saudi Arabia normalizes production after June's Iran-Israel tensions.
Shell’s half-year net profit falls to USD8.38bn as the group announces a new share buyback programme, amid lower hydrocarbon prices and ongoing cost reductions.
Eco Wave Power has completed the installation of floaters for its pilot project in Los Angeles, marking a strategic milestone in the validation and commercialisation of its wave energy technology in the US market.
The Organization of the Petroleum Exporting Countries (OIES) confirmed its Brent price forecast at 69 USD/b in 2025 and 67 USD/b in 2026, while adjusting its 2025 surplus forecast to 280,000 barrels per day.
LNG trading volumes in the Asia-Pacific region reached 1.24 million tonnes, driven by summer demand and rising participation, despite a 21% monthly decline linked to geopolitical uncertainty.
Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
OPEC slightly adjusts its production forecasts for 2025-2026 while projecting stable global demand growth, leaving OPEC+ significant room to increase supply without destabilizing global oil markets.
Three new oil fields in Iraqi Kurdistan have been targeted by explosive drones, bringing the number of affected sites in this strategic region to five in one week, according to local authorities.
Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.
Oil prices rose slightly after the publication of a positive indicator on the US economy, reassuring investors about future demand despite persistent geopolitical risks.
New US sanctions against Iran and the Houthi rebels are shaking up the oil market, amplifying geopolitical tensions in the Middle East and disrupting supply chains.
Eco Wave Power, headed by Inna Braverman, wins the EDF Pulse 2024 award for its innovative wave energy technology, marking a significant advance in decentralized energy systems.
London-based Energean is investing $1.2 billion to develop the Katlan gas project off the Israeli coast, with production scheduled for the first half of 2027.
The port of Hodeidah in Yemen is in flames after Israeli strikes in retaliation for a Houthi drone attack on Tel Aviv, exacerbating regional tensions and threatening the flow of goods.
Oil prices are rising, boosted by tensions in the Middle East and robust Chinese demand, while the euro is strengthening after the first round of French parliamentary elections.
Israel approves the export of an additional 118 billion cubic meters of natural gas, aimed at strengthening its diplomatic relations and energy security. The Leviathan field partners are planning a $500 million investment to increase production capacity.
The Middle East is embarking on a major energy transition, with renewable energies, mainly solar, set to surpass fossil fuels in electricity generation by 2040.
Rafael Grossi, head of the IAEA, urges Iran to rapidly deliver concrete results on nuclear transparency. Despite some positive discussions, tensions remain over Tehran's nuclear intentions.
