Energy Transition
News
February 04, 2026
Chevron and Equatorial Guinea have signed an agreement boosting GEPetrol’s stake in the Aseng gas project, strengthening state participation and supporting expanded gas monetization through existing LNG infrastructure.
Article
January
U.S. natural gas demand is on track to surge by roughly 30 Bcfd by 2030, driven largely by LNG exports—but can drilling keep up? In this month’s Drilling Advances column, Ford Brett breaks down what isn’t holding the industry back anymore—and the bottlenecks that could determine whether drillers can deliver the next wave of gas supply.
News
January 29, 2026
Subsea7 has been awarded a substantial offshore contract in Germany, valued between $150 million and $300 million, for the Gennaker offshore wind project. Subsidiary Seaway7 will transport and install 63 monopiles and transition pieces, with offshore activities scheduled to begin in 2027.
News
January 29, 2026
Mozambique LNG has fully restarted onshore and offshore construction activities after lifting force majeure declared in 2021, with more than 4,000 workers mobilized at the Afungi site and first LNG now targeted for 2029, according to project partners and the Mozambican government.
News
January 26, 2026
Kongsberg Maritime has secured a major contract to supply deck machinery for a next-generation floating wind construction vessel being built for Hana Shipping, supporting offshore floating wind installation activities off South Korea.
News
January 26, 2026
XRG is increasing its equity stake in the Rio Grande LNG project in Texas, expanding its exposure to one of the world’s largest LNG export developments as new U.S. liquefaction capacity moves closer to startup.
News
January 19, 2026
ADNOC Gas has signed a 10-year LNG sales and purchase agreement valued at up to $3 billion with Hindustan Petroleum, supplying 0.5 MMtpa from its Das Island facility and deepening the UAE-India energy partnership.
News
January 16, 2026
Mitsubishi Corporation is entering the U.S. shale gas market with a $5.2-billion acquisition of Aethon Energy’s Haynesville Shale assets in Louisiana and Texas. The deal adds about 2.1 Bcf/d of gas production and strengthens Mitsubishi’s integrated LNG value chain with access to Gulf Coast export infrastructure.
News
January 14, 2026
Shell and Exxon have pulled a planned sale of strategic UK North Sea gas assets to Viaro, citing unresolved regulatory and market conditions after months of review.
News
January 14, 2026
bp has flagged $4–$5 billion in post-tax impairments tied to its energy transition businesses in a fourth-quarter trading update, while reporting broadly flat upstream production and lower net debt ahead of full-year results.
News
January 13, 2026
INEOS has criticized the UK’s net-zero strategy after a report from the Institute of Economic Affairs (IEA) estimated decarbonization costs could reach £7.6 trillion, raising concerns over industrial competitiveness and energy security.
News
January 12, 2026
Malaysia’s national oil company Petronas has taken its dispute with Petroleum Sarawak Bhd. to the country’s top court, seeking clarity over gas ownership and potential impacts to LNG operations in resource-rich Sarawak.
News
January 07, 2026
Equinor has awarded ABL a marine warranty survey contract for Phase 2 of Norway’s Northern Lights CCS project, supporting the expansion of CO₂ transport and storage capacity to meet rising European demand.
Article
December 2025
From the political scene to the continued growth of hydrocarbon energy, the global climate consensus and the push for Net Zero are crumbling. It’s time for nations to return to sensible energy policy.
Article
December 2025
As geothermal energy expands, industry experts are securing the future by standardizing the essential operational pivot from hydrostatic to thermodynamic control.
News
January 06, 2026
IPAA is asking the U.S. Environmental Protection Agency to revise Subpart W methane reporting rules, saying current definitions and emission factors create disproportionate costs for small and marginal-well operators.
News
January 06, 2026
InCapture has awarded Wood the concept engineering phase for its G-15-AP CCS acreage offshore Australia, as appraisal drilling continues toward declaration of storage formation.
News
January 05, 2026
Mozambique LNG illustrates how shifting climate policies, security assessments and political priorities in key financing countries are slowing African LNG projects, raising costs and extending development timelines across the continent.
News
December 31, 2025
African producers are turning regulatory reform into real upstream gains. From Angola’s $70B project pipeline to Nigeria’s accelerated licensing and Congo’s LNG expansion, policy shifts are reshaping investment across the continent.
News
December 29, 2025
Woodside and Türkiye’s BOTAŞ have finalized a long-term LNG sale and purchase agreement for 5.8 Bcm of gas, equal to 0.5 MMtpa over nine years starting in 2030.
