Otto Energy News

 

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

Dec 01, 2025

Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner, domestically sourced natural gas to support electricity reliability and the country’s transition to lower-carbon energy.It prioritizes deliveries to North Sumatra and Aceh and includes potential production from the Tangkulo gas field…

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Nov 09, 2025

Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy…

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

Nov 07, 2025

Global finance leaders discuss the new era of energy investment defined by pragmatism, diversification and strategic capital allocation    Industry leaders urge fundamentals-based planning amid global volatility, with stable, sound and clear…

Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025

Nov 07, 2025

ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement. Opening addresses and high-level sessions featuring…

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Apr 02, 2025

INEOS Energy has completed the acquisition of CNOOC’s oil and gas assets in the Gulf of America, increasing its global oil production to over 90 thousand barrels of oil equivalent per day. The completion of the deal marks the third major investment by INEOS Energy in the United States…

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

Dec 03, 2024

Indonesia has signed a contract with units of Harbour Energy and Mubadala Energy for the development of a Central Andaman oil and gas block, the energy ministry said in a statement on Tuesday.The contract was signed under a new gross split scheme…

Tidal Energy to Power Off-Grid Island in SE Asia

Mar 29, 2023

A tidal-energy demonstration off the grid of Singapore will start generating power for the first time in South East Asia.NYK is participating in the demonstration project, which is being conducted by Bluenergy Solutions, a marine renewable energy solutionprovider…

Will the Future be Walls or Bridges? Equinor Releases "Energy Perpectives 2022"

Sep 19, 2022

Energy Perspectives 2022: Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can influence it, is an overarching theme of the energy transition.With inflation raging, geopolitical disruption and resultant energy security concerts…

Global Energy Consumption Topped Pre-pandemic Levels in 2021, says BP

Jun 28, 2022

Global energy consumption rose by 5.8% in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP.Oil demand last year was 3…

BlueFloat Energy and Energy Estate to Build 1.15GW Offshore Wind Farm in Australia

Jun 23, 2022

BlueFloat Energy and Energy Estate partnership on Thursday announced its latest offshore wind development in Australia – the 1.155 GW Southern Winds offshore wind project.Southern Winds will use bottom-fixed technology and will be located 10…

Current News

Vår Energi Starts Up Another North Sea Project

Vår Energi Starts Up Another N

Poland’s First Offshore Wind Auction as Test for Stalled European Market

Poland’s First Offshore Wind A

Trump Targets Venezuelan Oil Exports with ‘Sanctioned’ Tankers Blockade

Trump Targets Venezuelan Oil E

Brava Energia in Negotiations to Offload Gas Wells to Eneva

Brava Energia in Negotiations

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