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…
Oil price steadied by geopolitical risks and Chinese imports, analysts say
Crude oil futures remain steady, supported by geopolitical tensions and a rebound in Chinese crude imports, according to a Pepperstone analyst. The ongoing conflict in Ukraine continues to threaten supply…
MOL Group signs exploration agreement with Kazakhstani national oil company, KazMunayGas
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed today a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector. This agreement builds on…
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…
Oil price steadied by geopolitical risks and Chinese imports, analysts say
Crude oil futures remain steady, supported by geopolitical tensions and a rebound in Chinese crude imports, according to a Pepperstone analyst. The ongoing conflict in Ukraine continues to threaten supply…
Nostra Terra raises £500,000 to increase production, cash flow from Pine Mills assets
Nostra Terra, the international oil & gas exploration and production company with development and production assets in Texas, U.S., has announced a successful fundraise supported by institutional investors, Directors and…
Miros launches PredictifAI technology to predict wave and vessel motion
Miros has launched its new wave and vessel motion prediction technology — PredictifAI, which delivers a monitoring solution that automatically adapts to varying sea and weather conditions. PredictifAI pairs…
DeepOcean wins landmark 8-year Equinor contract for subsea IMR work
Ocean services provider DeepOcean has been awarded its largest contract on record, a long-term subsea inspection, maintenance and repair (IMR) contract by Equinor. The eight-year contract will set a new…
Energy Maritime Associates expects $126 billion investment in new Floating Production Units
From 2025-2029, Energy Maritime Associates (EMA) expects orders for 119 Floating Production Systems, with a Capital cost of $126 Billion, in its mid-case forecast. Over 70% of this investment would…


Trump Says Iran Has Agreed to Not Have a Nuclear Weapon
US Midwest Expected to See Record Number of New Power Plants in Next Five Years, Grid Operator Says
Many Airlines Hit Hard by Jet Fuel Price Swings, Not All Can Hedge, IATA Says
BlackRock-Backed Atlas Renewable Freezes $1 Billion in Brazil Solar Projects
Iranian Strike On Kuwait Airport Raises Stakes For Gulf States
Rubio Says U.S. Wants to End Russian Oil Waivers “As Soon as Possible”
Orlen opens hydrogen refuelling station in Gdynia, Poland
EU powers up tech sovereignty to boost security and competitiveness
Acquisitions and infrastructure shape B&J Welding Supply’s growth
St1 Biokraft secures €260m financing to spur biomethane growth






