IEA Members Support Oil Stock Release Acceleration
In a statement sent to Rigzone late Wednesday by the International Energy Agency (IEA), IEA Executive Director Fatih Birol revealed that, in a meeting this week, IEA member governments “expressed…
ACEN Secures €50 Million Loan To Expand Renewable Energy Portfolio
ACEN Corp., the energy platform of the Ayala Group, has secured a €50 million term loan facility, equivalent to approximately P3.5 billion, from ING Bank, N.V., Manila Branch, to finance…
Clean Max To Acquire 100% Stake In Thailand’s Massmunch Company For THB 1.25 Million
Clean Max Enviro Energy Solutions Limited has announced that its overseas subsidiaries have entered into a share purchase agreement to acquire 100% of the share capital of Massmunch Company Limited…
ESCOM Opens Tender For 20 MW/40 MWh Grid-Forming Battery Storage Project In Malawi
The Electricity Supply Corporation of Malawi Limited (ESCOM) has launched an international competitive tender for the development of a 20 MW/40 MWh grid-forming battery energy storage system (BESS) at the…
Offshore Wind And Ocean Energy Offer Small Island Nations A Path To Energy Security – IRENA
Small Island Developing States (SIDS) are exploring offshore wind and ocean-based renewable energy technologies to reduce their dependence on imported fossil fuels, improve energy security and protect water resources. These…
SECI Floats Tender for 120 MW Solar Project with 60 MW/240 MWh Battery Storage in Bihar’s Aurangabad District
The Solar Energy Corporation of India Limited (SECI) has announced a tender for the development of a 120 MW AC solar photovoltaic power project integrated with a battery energy storage…
Crude Oil is Underpriced, Energy Aspects Says
Oil futures prices are disconnected from reality on the ground in the Middle East and should be trading closer to $150 a barrel for some physical crude prices, Amrita Sen,…
Petronas to Raise Malaysia Dividend 19% to $7.8 Billion for 2027
State-owned energy giant Petronas will boost the dividend it owes the Malaysian government by 19% in 2027 as oil prices soar and raise profits at the company. Malaysia’s Ministry of…
129 Gulf Platforms Evacuated as Isaias Gets Stronger
(Update) October 9, 2026, 7:01 PM GMT+1: Article updated throughout. In a statement sent to Rigzone on Friday, the Marine Minerals Administration (MMA) revealed that personnel had been evacuated from a…
Lessons from Covid: Achieving resilience in medical oxygen supply
By 31 min ago 3 min read Medical oxygen reliability is significant when usual healthcare infrastructure becomes limited or unavailable, raising the question of how to build resilience within the…
