BP, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company, SOCAR.The agreements, signed during Baku Energy Week, include the final investment decisions for the next major phase of development…
Colombian state oil firm Ecopetrol said on Monday it has purchased a wind power project in the northern province of La Guajira from Enel for $50 million.The Windpeshi project will have a capacity of 205 megawatts (MW), which will be added to Ecopetrol Group's self-consumption energy portfolio…
Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) with Kinetics, the energy transition initiative of global floating power leader Karpowership, to jointly develop a next-generation floating data center platform.Under the MoU…
Triton Anchor has secured two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan.These newly patented technologies mark an advancement in enabling low-cost…
The assembly of an offshore solar farm has been completed at the Port of Amsterdam in a ‘world’s first’ project that will integrate the system with an offshore wind farm in the North Sea, offshore Netherlands.The system, supplied and built by Oceans of Energy…
Israel will resume its natural gas exports when the country's military believes it would be safe to do so, Israel's Energy Ministry Eli Cohen said on Wednesday, as an air battle between Israel and Iran entered its sixth day.Two of Israel's three…
Aramco President & CEO Amin H. Nasser used his address at Energy Asia 2025 to deliver a pointed message: the global energy transition must be rebalanced with pragmatism, especially for fast-growing regions like Asia that are still heavily reliant on conventional energy…
French oil major TotalEnergies' subsidiary Saft has been selected to build a 1 gigawatt-hour battery energy storage system in Japan's Fukushima, the company said on Thursday.Part of a larger project by Asian renewable developer Gurin Energy…
The latest edition of the International Energy Agency’s World Energy Investment report demonstrates how the global energy scene has changed from when the first edition of the report in 2015 showed energy investment in China just edging ahead of that of the United States…
New research published today by the Engineering Construction Industry Training Board (ECITB) has revealed that the engineering construction industry (ECI) workforce deployed in renewables, hydrogen and carbon capture and storage could total more than 42…
Vattenfall has appointed Catrin Jung as the new Head of Business Area (BA) Wind, which encompasses the company’s offshore and onshore wind operations, as well as large-scale solar and battery projects.Currently leading the Offshore Wind business…
Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields, according to three sources.Azerbaijan's…
EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday it expects core recurring profit to grow 13% in 2025 on the back of a solid operational performance, despite a 24% drop in net income in the first quarter.The…
French energy giant TotalEnergies and OQ Exploration and Production (OQEP), Oman's national oil company, have held the ground breaking ceremony for the Marsa LNG plant, marking the start of construction of the Marsa LNG plant in the port of Sohar…
Ørsted has completed a 24.5% stake divestment in West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat for approximately $610 million.Located approximately 14 km off the U.K. west coast, West of Duddon Sands has been operating since 2014 and has a capacity of 389 MW…
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