The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 April 2026, to review global market conditions and outlook. In their collective commitment to support oil...
The Hyundai IONIQ 5 and Palisade SE trim models have received the 2026 Best Value New Car award by Cars.com. The IONIQ 5 SE was recognized as the Best Value EV, while the Palisade SE earned the title of Best Value Midsize SUV. These honors...
Renault Group opens a new chapter in its electric journey by bringing together all of its charging activities and related services under a single name. With Plug Inn, the Group unifies, clarifies and strengthens its charging ecosystem to support the large-scale rollout of electric mobility...
Acwa announces that two of its solar IPP plants have been subject to temporary limitation on power dispatch following instructions from the grid operator citing alleged reactive power fluctuations affecting grid stability, matters that both project companies deny. Al Kahfah Solar PV IPP (1,425 MW) received...
ADNOC Gas plc and its subsidiaries confirmed shareholder approval of all agenda items at its Annual General Meeting (“AGM”), including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May. ADNOC Gas recently experienced an incident at the Habshan...
ADNOC Gas plc announced that an incident at its Habshan complex on April 3 caused damage to certain facilities. The affected area was isolated, and a comprehensive assessment of the damage to the Habshan train is ongoing. Domestic demand is being met through ADNOC Gas’...
TotalEnergies has decided to extend until the end of April: the capping of the price of petrol at € 1.99/L ;the capping of the price of diesel at €2.25/L .Given the strong demand for diesel in France and the priority given to the purchasing power of...
Baker Hughes announced it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina. The order consists of three NovaLT™16 gas turbines equipped with three centrifugal compressors, along with commissioning services,...
The Norwegian oil and gas operator, today announced the start-up of the Symra field offshore Norway nine months ahead of schedule. DNO has a 20% stake in the field, which is operated by Aker BP ASA (50 percent), with Equinor Energy AS holding the balance....
Valaris Limited announced that it has been awarded a 1,064-day contract extension with Petrobras offshore Brazil for drillship VALARIS DS-4. The extension is expected to commence in November 2027 in direct continuation of the existing program and will add approximately $447 million to contract backlog. In...
Valaris Limited announced that its wholly owned subsidiary, Ensco UK Drilling Ltd., has entered into a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production BV and Halliburton to support the development of PETRONAS Suriname’s offshore assets. The SCA brings together Valaris’ offshore drilling expertise...
Arcius has announced the Final Investment Decision (FID) to develop the Harmattan gas field in the El Burg Offshore concession area, a significant step toward executing one of its first projects in Egypt. The investment, estimated at approximately US$500m, will help support and increase natural...