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...
BW Energy announced that the Company has agreed a 25 year extension of the Dussafu Marin production licence offshore Gabon. Following an agreement with the Ministry of Oil and Gas of the Gabonese Republic, the licence period has been extended from 2028 to 2053. The extended...
Hyundai Motor Company has achieved a significant victory at the 2026 World Car Awards, the IONIQ 6 N named the World Performance Car. The winners of the 22nd annual awards were announced live today at a ceremony during the 2026 New York International Auto Show. "This...
As anticipated and previously indicated, fourth quarter volumes rose significantly versus the prior quarter, as operations recovered and production returned to normal levels following the cyber incident. Full year volumes were impacted by US tariffs, China market challenges, planned wind down of legacy Jaguar models...