Subsea 7 Wins Contract Award for Project Offshore Norway
The pipeline bundles Subsea7 will use for the project offshore Norway will be made in Scotland and deployed through 2027.
Petronas Signs Non-Binding LNG Deal with Woodside
Petronas and Woodside Energy expect the supply to come from several facilities, including the Louisiana LNG project.
Iran, Israel Trade Accusations at UN Shipping Agency Over Sea Lanes
Iran’s delegation told a session of the International Maritime Organization’s security committee that Israel had in recent days extended its “unlawful attacks” to include petrochemical and gas infrastructure in Asalouyeh along Iran’s Gulf coast.
Sage Geosystems Taps Oilfield Know-How to Store Energy Underground
Sage Geosystems’ energy storage technology uses mechanical energy from the Earth in a single-well system to charge and discharge energy for long durations.
EDPR Starts Operations at Bar Harbor Solar Project in Maine
Bar Harbor is EDP Renewables North America’s second solar project in Maine and is expected to generate 999 kilowatt alternating currents.
Houston’s Electric Utility Is Prepared for Storms After 2024 Blackout, CEO Says
By Naureen S Malik and Mark Chediak Downed power lines following Hurricane Beryl in July 2024. Photographer: Mark Felix/Bloomberg Houston’s electric utility is confident significant grid investments will prevent a repeat of widespread blackouts that occurred last summer following Hurricane Beryl. CenterPoint Energy Inc. is integrating artificial intelligence to predict tree growth, using light detection …
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Oil Markets See Closure of Hormuz Strait as Unlikely, Eni CEO Says
MILAN, June 18 (Reuters) – The CEO of Italian energy company Eni (ENI.MI) said on Wednesday oil markets are signalling that an escalation between Israel and Iran and the closure of the Strait of Hormuz is unlikely. About a fifth of the world’s total oil consumption passes through the Strait, which lies between Oman and …
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Canada Could Produce First LNG by This Weekend, Sources Say
Canada could produce its first ever liquefied natural gas this weekend, from the LNG Canada export facility in Kitimat, British Columbia, two people familiar with the startup of the plant told Reuters on Wednesday. The facility, the first of a handful of Canadian LNG projects to begin production, will be the first LNG facility in …
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Israel-Iran Developments in Next 3-5 Days Critical for Global Energy Markets, Yergin says
Developments in the Iran-Israel conflict in the next three to five days will be critical to global energy markets even though oil and gas supplies from the Gulf have not yet been disrupted, oil historian Daniel Yergin said on Wednesday. Iran and Israel launched new missile strikes at each other on Wednesday as the air …
Energy Majors Lock Onto Southeast Asia in Race for More Gas for AI Power Demand
Energy majors are pouring money into gas exploration and production in Malaysia and Indonesia to meet rising power demand from growing populations and a proliferation of data centres in the region. The wave of investments come as European majors pivot back to more profitable conventional fuels as countries embark on different energy transition paths, while …
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