Author: intent

Indian Oil to Launch Sustainable Fuel Plant by Year-End

The plant’s projected capacity will be enough to meet India’s requirements for blending 1% of sustainable aviation fuel with jet fuel beginning from 2027, the chairman of Indian Oil Corp., Arvinder Singh Sahney, told the media as quoted by The Indian Express. The main market for the product will be Europe, which has SAF blending mandates for airlines operating on its territory.

China Oil Demand Picks Up in July

Refinery rates went up to 14.85 million barrels daily last month, the report also said, which was an 8.9% increase from July 2024, but at the same time, it was a 2% decline from June 2025. The utilization rate at Chinese refineries, however, rose both on an annual and on a monthly basis, reinforcing the perception of an improvement in demand.

Golar LNG Posts Higher Revenue

“We see increasing industry recognition of the benefits of FLNG solutions versus land-based liquefaction terminals, driven by the proven track record of the fleet on the water, lower capex, shorter construction time and increased flexibility. This in turn drives prospective charter interest in our FLNG solutions. Golar is the only proven provider of FLNG as a service.

Algeria Nears Gas Development Deal with ExxonMobil, Chevron

Algeria has some of Africa’s largest overall oil and gas reserves, but production had long been held back by mismanagement and lack of investments – an issue authorities sought to tackle with new legislation that was approved in 2019. Then came the Russian invasion of Ukraine, which left Europe struggling to find alternative gas supplies and Algiers poised to fill the gap.

Superior Narrows Losses

“We delivered a strong first-half and continue to build momentum as we advance our Superior Delivers transformation”, MacDonald said. “I’m also encouraged by the performance of our CNG business, especially given the challenges in the oil and gas sector. Through disciplined cost management and strong performance outside of the wellsite business, Certarus grew EBITDA by 5 percent in the first half of 2025 and maintained its leadership position in the market as the sector navigates a temporary cyclical slowdown”.

Valmet Signs Agreement to Supply Petrobras with Spare Parts

”We chose Valmet because they understood our needs and provided a solution that integrates seamlessly with our existing Valmet DNA Automation System. It also enables secure and versatile connectivity with third-party systems. Valmet’s experience with similar projects strengthened our confidence, and the solution supports our strategy to participate more actively in electricity markets,” Petri Rantakokko, energy manager for Alva, said.

South African court reverses TotalEnergies’ approval for offshore block

“As the successor operator of the license Shell has a direct and substantial interest in the matter, as confirmed by the court,” a company spokesperson said. “South Africa is currently reliant on energy imports for many of its energy needs. Should viable resources be found offshore, this could significantly contribute to South Africa’s energy security and the government’s economic development programs.”

Gabon continues push for renewed interest in upstream developments

A central focus is Gabon’s underexplored deepwater acreage, which remains largely untapped despite significant geological potential. The Ministry of Petroleum has launched a concerted push to attract new entrants, particularly independent and mid-cap operators, through flexible PSC terms, streamlined permitting, and data accessibility. As noted by Minister Nguema Nguema in recent statements, Gabon’s deepwater drive forms a critical part of its strategy to remain competitive in a shifting global energy landscape.

New Era Helium Rebrands as It Takes On Data Center Growth

The new company aims to develop “next-generation digital infrastructure and integrated power assets, including powered land and powered shells”, it said in an online statement. “The company delivers turnkey solutions that will enable hyperscale, enterprise and edge operators to accelerate data center deployment, optimize total cost of ownership and future-proof their infrastructure investments”.