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OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Global oil demand is projected to reach 120.1 million barrels per day (mb/d) by 2050, while energy demand will rise 24% during the same period, said the Organiz…
Power Construction
Ireland’s EirGrid Awards Contracts for Renewables Integration Technologies
Irish electricity grid operator EirGrid has awarded four contracts for renewables integration technologies, specifically synchronous condensers, to support Irel…
Oil & Gas Trade
Sabic Opens Ultem™ Resin Manufacturing Facility In Singapore
SABIC, a global diversified chemicals company, has officially launched its new $170-MM (S$220-MM) ULTEM™ resin manufacturing facility in Singapore, markin…
Wind Farm
COD for 900 MW German Offshore Wind Farm Pushed Back From End-2025 to Early 2026
The 900 MW Borkum Riffgrund 3 offshore wind farm in Germany will be commissioned in the first quarter of 2026 instead of the initially planned fourth quarter of…
Wind Power Project
EIB Backs 1,440 MW Polish Offshore Wind Projects
On 6 November, the European Investment Bank (EIB) approved the financing for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, being developed by Po…
LNG
Angola Plans More Multi-year Oil And Gas Licensing Rounds To Boost Production
Angola plans to repeat its multi-year licensing round for oil and gas acreage starting in 2026, reportedReuters, citing a senior government energy official.This…
Oil & Gas Trade
Woodside Contracts Winyama For Pluto Train 1 Modifications Project
Winyama will collaborate with Kellogg Brown & Root, Woodside’s EPCM contractor for the project.This partnership is expected to enhance Winyama’s bus…
LNG
KBR Awarded Feed Contract For Sur LNG Train 4 Expansion In Oman
KBRhas been awarded a FEED contract for the expansion of the Qalhat LNG complex in Sur, Oman.This project marks a crucial step in Oman’s efforts to meet r…
Oil & Gas Trade
ADNOC Awards $196.2m Manufacturing Contracts
ADNOC has awarded contracts worth $196.2m to 11 companies to boost local manufacturing of diverse products across its value chain as part of the ICV programme.T…
Wind Farm
Thor Offshore Wind Farm Homeports in Thyborøn
RWE has selected Thyborøn Port as the offshore construction base for its 1.1 GW Thor offshore wind farm in Denmark.Thyborøn will be the home port …
Wind Farm
EnBw Taps JBO for Work on 1 GW German Offshore Wind Farm
German engineering company Jörss-Blunck-Ordemann (JBO) has been awarded new contracts by EnBW for the geotechnical work and pre-FEED design for the Dreekan…
Electric Vehicles
Mercedes-AMG Developing First Standalone High-Performance SUV; Based on All-Electric AMG.EA Platform
For the first time in its 57-year history, Mercedes-AMG is developing an SUV entirely in-house. The high performance SUV, Born in Affalterbach, is built on the …
Electric Vehicles
Hyundai Launches INSTER A-Segment Sub-Compact EV, Not for US
Hyundai Motor launched its new INSTER A-segment sub-compact EV. INSTER stands out with its charging capability and versatile all-electric range (AER), providing…
United States
CARB Raises Carbon Intensity Reduction Targets of LCFS to 30% in 2030 and 90% by 2045
The California Air Resources Board on Friday voted to approve updates to the Low Carbon Fuel Standard (LCFS). The updates raise the carbon intensity reduction t…
Oil & Gas Trade
Petrobras Posts $7.6% Increase In Net Income In Q3 2024
Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…
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