Energy companies heading to Venezuela are being told to bring their own power plants to run their oil and natural gas operations and shield them from frequent blackouts on the nation’s ill-maintained electricity grid.
Aramco has selected McDermott as one of 11 contractors under a long-term project management consultancy (PMC) agreement supporting future energy, downstream, petrochemical and low-carbon developments across Saudi Arabia.
U.S. Class VI carbon storage permitting activity gained momentum during the first quarter of 2026, although new permit applications slowed, according to a new report from Enverus Intelligence Research (EIR).
Kuwait will consider increasing oil storage abroad to boost its ability to supply global markets after the war in the Persian Gulf blocked flows through the Strait of Hormuz, according to the head of the state energy company’s marketing arm.
Fresh military exchanges between the U.S. and Iran are raising new concerns about the durability of a fragile ceasefire and the prospects for reopening the Strait of Hormuz, a critical route for global oil and LNG shipments.
Citigroup, Banco Santander SA and JP Morgan are among lenders working on a roughly $1 billion finance package for a project by Transportadora de Gas del Sur SA in Argentina’s Vaca Muerta shale formation, according to people familiar with the matter.
CRP Subsea has expanded its hydrostatic testing capabilities with the installation of four new pressure vessels at its Hydrostatic Test Centre in Skelmersdale, UK, strengthening its ability to qualify subsea products for deepwater applications.
Russian President Vladimir Putin authorized TotalEnergies SE to sell its stake in a U.S.-sanctioned liquefied natural gas export project in the Arctic, a rare move that will allow the French major to exit a project strangled by western restrictions.
DNV has verified the performance of an onboard carbon capture and storage (OCCS) system developed by Carbon Ridge following a five-month pilot installation aboard a Scorpio Tankers vessel.
Yann Pierre YANGARI, founder and CEO of Flamboyans Services, talks to The Energy Year about regulatory reforms that are bringing upstream investors to Gabon and the crucial role gas-to-power can play in Africa’s infrastructure development.