Energy News


Preview: Japan Energy Summit & Exhibition 2025

Apr 11, 2025

From June 18-20, 2025, the Japan Energy Summit & Exhibition will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan’s energy transition, investment landscape, and strategic role in the global energy system…

Sercel Launches DFU-3C Node, Extending WiNG Range

Apr 10, 2025

Sercel has launched the WiNG DFU-3C, a three-component version of its field-proven WiNG land seismic nodal solution. The WiNG DFU-3C supports a growing need for high-end seismic applications for the energy and mineral E&P sectors.The new integrated…

BP Mulls Shedding two US Offshore Stakes

Mar 26, 2025

BP is exploring the sale of minority stakes in two of its most valuable Gulf of Mexico oil projects — Kaskida and Tiber — as the energy giant recalibrates its strategy to prioritize oil and gas, according to two sources familiar with the matter…

PEAK Wind Enters into OMA to Oversee Wind Farm Operations

Mar 26, 2025

Fengmiao I, a 495 MW offshore wind farm, has reached a financial close. The project is owned by Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure V (CI V).PEAK Wind has entered into an Operations Management Agreement (OMA) to oversee the operations of Fengmiao I…

Tokyo Attracts Industry Leaders for Japan Energy Summit 2025

Mar 12, 2025

The Japan Energy Summit & Exhibition 2025 Executive Committee convened in Tokyo under the leadership of Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA), to define the event’s agenda and assess the challenges shaping Japan’s energy future…

Petrobras Eyes Argentina, Colombia, Africa Projects

Mar 11, 2025

Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.Gas from the Vaca Muerta region would be interesting to Petrobras as a pipeline connecting Argentina…

MI-based Vestas Wind Techs Unionize

Mar 06, 2025

Michigan-based wind technicians who perform operations and maintenance on Vestas turbines voted to unionize and become members of the Utility Workers Union of America (UWUA), AFL-CIO. The election marks the first Vestas wind technicians in North American to unionize…

New Oil Export Pact for Venezuela Could be in the Works - sources

Feb 27, 2025

The cancellation of a license for Chevron to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company PDVSA to export crude to destinations other than the United States, sources close to the talks said…

Wood Mackenzie Projects $73/Barrel in '25

Feb 24, 2025

According to its latest market outlook, Wood Mackenzie projects that Brent crude oil prices will average $73.00 per barrel (bbl) in 2025. The forecast considers geopolitical and economic factors, including potential peace talks between Russia and the US regarding the Ukraine conflict…

Exxon to Expand O&G Output in Guyana

Feb 12, 2025

A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U…

Coastal Virginia Offshore Wind Project Stays on Track with Cost Update

Feb 04, 2025

Dominion Energy, Inc. (NYSE: D) provided updates on the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project. The fully permitted project is now approximately 50% complete and remains on track for on-time completion by the end of 2026. CVOW continues to achieve construction milestones…

Court Overturns Approval for Two Massive UK North Sea O&G Fields

Jan 30, 2025

A Scottish court has invalidated Britain's approvals for two major North Sea oil and gas projects, delivering a significant victory to environmental groups and raising uncertainty over future fossil fuel developments in the UK.The Court of Session…

Orsted, PGE Greenlight Poland Offshore Wind Farm

Jan 29, 2025

Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday.Both companies will own 50% of the farm which is expected to be fully commissioned in 2027…

European LNG Imports Up with Asian Influx

Jan 28, 2025

The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.A total of 38.12 million metric tons of the super-chilled fuel is on track to be imported in January…

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