SOMO is negotiating with ExxonMobil to secure storage and refining access in Singapore, aiming to strengthen Iraq’s position in expanding Asian markets.
Korea Gas Corporation commits to 3.3 mtpa of US LNG from 2028 for ten years, complementing new contracts to cover expired volumes and diversify supply sources and price indexation.
Petrobangla plans to sign a memorandum with Saudi Aramco to secure liquefied natural gas deliveries under a formal agreement, following a similar deal recently concluded with the Sultanate of Oman.
Capstone Green Energy received a 5.8-megawatt order for its natural gas microturbines, to be deployed across multiple food production facilities in Mexico through regional distributor DTC Machinery.
Chinese group Sinopec has launched a large-scale seismic imaging campaign across 3,000 km² in Mexico using nodal technology from Sercel, owned by Viridien, delivered in August to map areas with complex terrain.
ISDN Holdings strengthens its position in Indonesia by acquiring a majority stake in PT Funda, integrating hydropower capabilities across the entire project lifecycle and consolidating its renewable energy investments.
Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
Gunvor commits to 0.85 million tonnes per year of liquefied natural gas from AMIGO LNG, marking a strategic step forward for Asian and Latin American supply via the Guaymas terminal.
According to the Oxford Institute for Energy Studies, the adoption of low-carbon ammonia in maritime transport faces economic, regulatory, and safety barriers, despite growing international pressure to reduce emissions from the global fleet.
Transition Industries assigns Bonatti to build core infrastructure for Pacifico Mexinol, a strategic methanol complex in Mexico poised to become a major global player.
The Pimienta and Eagle Ford formations are identified as pillars of Pemex’s 2025-2035 strategic plan, with potential of more than 250,000 barrels of liquids per day and 500 million cubic feet of gas by 2030.
Karpowership and Seatrium formalize a strategic partnership to convert floating LNG units, strengthening their joint offering in emerging mobile electricity markets.
Weakened by the exclusion of its solar panels from the U.S. market, Maxeon reports a sharp revenue decline and adjusts its financial structure under market pressure.
Around 80 Russian technical standards for oil and gas have been internationally validated, notably by the United Arab Emirates, Algeria and Oman, according to the Institute of Oil and Gas Technological Initiatives.
Google invests in Italy’s Energy Dome to deploy in Oman a long-duration CO₂-based storage solution, in partnership with Takhzeen Oman and the sovereign wealth fund Oman Investment Authority.
Airbus Singapore and Bogor Agricultural University in Indonesia are developing aviation fuel from biomass, aiming for an annual capacity of 100 million tonnes.
Shanghai Electric secures multiple certifications for key energy projects in Dubai, Oman, Bangladesh, and Malaysia, reinforcing its role in the energy strategies of emerging markets.
Despite a historic drop in solar module prices, the top ten global manufacturers show remarkable resilience. Their production capacity is sufficient to meet annual global demand, according to Wood Mackenzie.
A Norwegian shipowner has equipped an ethylene carrier with an onboard CO2 capture and storage system. The initiative could reduce its greenhouse gas emissions by 70%.
Ecopetrol announces, in partnership with JPMorgan Chase Bank, a 50% reduction in conversion fees for its American Depositary Receipts, effective until July 10, 2025, as part of a strategy to enhance its international appeal.
Sodion Energy and UNIGRID join forces to supply 10 MWh of sodium-ion batteries, targeting sustainable mobility and energy storage markets in Southeast Asia.
PacificLight Power will develop a hydrogen-compatible combined cycle gas turbine (CCGT) plant on Jurong Island. Scheduled for 2029, this 600 MW facility strengthens Singapore's strategic objectives for energy security and decarbonization.
A Maersk vessel was struck by a drone attack claimed by Houthi rebels near Socotra, reigniting concerns over maritime security in the Red Sea amidst escalating regional tensions.
Steelhead LNG files a lawsuit against Cedar LNG and its partners in British Columbia, alleging illegal use of confidential data tied to a $1 billion energy project.
Nearly 40% of Qatar’s projected liquefied natural gas volumes remain uncontracted, raising questions about its strategy amid growing international competition.
Nuevo León joins a World Bank program to develop 7 million tons of low-carbon hydrogen by 2030, a strategic milestone for renewable energy and regional energy policy.
Donald Trump's proposal to impose a 25% tariff on all imports from Canada and Mexico risks disrupting supply chains and increasing costs for American businesses and consumers.
Hecate Energy and Invenergy show interest in offshore wind projects in the Gulf of Mexico, prompting US authorities to schedule an auction for 2026 despite political and economic uncertainties.
TotalEnergies partners with OQ Alternative Energy to develop two wind farms and a solar power plant with a total capacity of 300 MW in Oman, with production expected by 2026.
Nexif Ratch Energy and Khanh Hoa Province have signed a memorandum of understanding to develop a 102 MW wind power project, marking a major step forward in diversifying the region's energy mix in Vietnam.
Maritime transport is essential to cross-border carbon capture and storage initiatives in Asia-Pacific, with projected annual volumes reaching 100 million tons by 2050.
A memorandum of understanding between Oman and Belgium marks a turning point for the hydrogen economy, strengthening international cooperation and accelerating progress in technologies and infrastructures related to this clean energy.
The Sultanate of Oman continues its energy diversification efforts with the qualification process for the Al Kamil Wal Wafi solar project, planned to produce 280 MW, boosting the country’s use of clean energy.
In Paris, an unprecedented conference organized by the International Energy Agency (IEA) brings together experts, industry leaders, and tech giants to explore the promises and challenges of artificial intelligence in addressing climate urgency and rising energy demands.
