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…
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…


Trump Says Iran’s Leaked Deal Terms are Untrue
US Military Helps Move 7 Million Barrels of Oil Per Day Out of Persian Gulf, Wright Says
Chevron Continues to Look at New Opportunities in Middle East, CEO Says
Exxon Mobil Evaluates Potential Buyout of Australia Woodside Energy, Bloomberg News Reports
Tired of Chaos, Investors Retreat From Oil Market at Record Pace
US Energy Firms Cut Rigs for First Time in Eight Weeks, Baker Hughes Says
Iran Deal Very Close, Signing Possible in Coming Days, US Official Says
US Refiners Can Still Absorb More Venezuelan Crude, Energy Secretary Wright Says
Hope for Hormuz as Iran, US Edge Closer to Peace Deal
India Caps Fuel Sales to Avoid Shortages








