The African Development Bank (AfDB) has recommended Congo to introduce an automatic mechanism to capture additional oil revenues when crude prices exceed budget assumptions, as the country seeks to strengthen fiscal stability, reduce debt and attract investment into its energy sector.
JERA and India’s AM Green Ammonia have agreed a five-year deal for annual supplies of 70,000 tonnes of green ammonia, with production planned at a facility in Andhra Pradesh from 2028/29, supporting Japan’s energy and maritime decarbonisation efforts.
Brent crude climbed above $115 a barrel on Wednesday as continued Houthi attacks on Saudi Arabia renewed concerns over potential disruptions to Middle East oil supplies, reversing some of the previous session’s losses as diplomatic efforts to ease regional tensions continued.
Petroleum Development Oman (PDO) has awarded five-year hoist services contracts to local companies ABRAJ Energy Services and Shaleem Petroleum Company, covering 15 hoist units as part of efforts to modernise its fleet, improve operational efficiency and strengthen local content.
ANYbotics has launched ANYmal X, which it describes as the world’s first legged inspection robot designed for explosive atmospheres, marking a milestone in the deployment of physical AI across hazardous industrial environments.
SYNECTICS is showcasing its latest COEX camera innovations at ADIPEC 2026, demonstrating how oil, gas and wider energy operators can improve operational visibility, strengthen resilience and get more value from their technology investment.
The United Nations Biodiversity Conference COP17 has received a significant financial boost, with governments announcing new pledges to the Global Biodiversity Framework Fund (GBFF) and the Global Environment Facility (GEF) to accelerate global efforts to protect nature and restore ecosystems.
Seven Japanese companies have agreed to develop an integrated ammonia fuel supply chain in the Chubu region and build and operate four ammonia-fuelled car carriers, in a project aimed at reducing greenhouse gas emissions from international shipping.
The US Department of Energy (DOE) has announced more than $125 million in funding for 63 tribe-led projects across 16 states, including Alaska, to reduce electricity costs, expand energy access and support economic development in tribal communities.
Synectics, a provider of advanced security and surveillance solutions, will showcase its latest COEX camera innovations at ADIPEC 2026, highlighting technologies designed to improve operational visibility, safety and resilience across the energy sector.
