SBM Offshore completes $1.5 billion financing of Jaguar FPSO
SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international…
Feasibility study for Belarus new nuclear to be prepared in 2025
Friday, 22 November 2024 The existing Belarus nuclear power plant currently has two units (Image: Belarus energy Ministry) According to the country’s Ministry of Energy’s Telegram account, Moroz said that…
Finland and UK to work together under new nuclear energy pact
Friday, 22 November 2024 (Image: Government of Finland) The objective of the memorandum of understanding (MoU) signed by Finland’s Minister of Climate and the Environment Kai Mykkänen and UK Minister…
Strategic partnership plans to develop advanced nuclear energy in South Africa
Friday, 22 November 2024 Gold mining operations at Cooke (Image: Sibanye-Stillwater) Their newly announced strategic partnership will explore opportunities worldwide related to the identification, acquisition, financing, development, and management of…
Brazil’s Angra 1 approved for 20-year life extension
Friday, 22 November 2024 Angra 1 and 2 (Image: Eletronuclear) Angra 1 reached criticality in 1982 and entered commercial operation in 1985. The Westinghouse pressurised water reactor has a design…
EMGS wins CSEM survey contract for offshore hydrocarbon detection in India
Subsea Exploration India November 22, 2024 Electromagnetic Geoservices (EMGS) announced they have signed a contract with an undisclosed client for a controlled source electro-magnetic (CSEM) survey in India. …
CCUS plan targets Net Zero goals in Western Australia
The Western Australian Government has released its carbon Capture, Utilisation and Storage (CCUS) Action Plan, highlighting the role of the technology in achieving Net Zero emissions. The Chamber of Minerals…
McDermott and Willis Sustainable Fuels advance Teesside’s SAF ambitions
McDermott has secured a master services agreement (MSA) from Willis Sustainable Fuels Limited (WSFL) to support the development of UK-based sustainable aviation fuel (SAF) facilities. Initially, the contract will focus…
Hermes 2 construction permits approved by US Nuclear Regulatory Commission
Thursday, 21 November 2024 A rendering of the Hermes 2 plant (Image: Kairos) The permits will authorise Kairos to build a facility with two 35 MWt molten salt-cooled reactors that would…
Kuwait plans $30 billion, five-year spend strategy to boost oil production
(Bloomberg) – Kuwait Petroleum Corp. plans to spend about 10 billion dinars ($33 billion) over five years to ramp up oil production capacity, betting on robust demand for decades to…



Goldman Sees Softer Oil Demand, Flags Two-Sided Risks to 2026 Price Outlook
India’s Power Demand Growth Slowed to Six-Year Low in FY 2025-26
European Energy Raises Extra €60 Million, Boosting Its 2028 Green Bond To €210 Million
ACCIONA Energía Secures 800GWh Renewable Deals To Power Italy’s Heavy Industries
EBRD Injects MAD 400 Million Into Morocco’s First Regional Bond To Accelerate Green Transition
Week in MiddleEast: Saudi Leads 100 MW Yemen Power Project; UAE Launches Smart Microgrid and More…
US Drillers Cut Oil and Gas Rigs for Second Straight Week, Baker Hughes Says
Hormuz Reopening Not Like ‘Flipping a Switch’ for Rattled Oil Markets: Professor
Oil Settles Down 9% After Iran Declares Strait of Hormuz Open










