QatarEnergy has acquired stakes in three offshore Uruguay exploration blocks from Shell’s BG International, including 18 per cent in OFF-4, 30 per cent in OFF-2, and 30 per cent in OFF-7, strengthening its partnership with Shell, Chevron, and APA Corporation across key exploration assets.
bp and partners signed three Indonesian Production Sharing Contracts, increasing bp’s block participation to 11. Two blocks near Tangguh LNG in Papua Barat offer exploration potential, while bp joined INPEX-operated Barong block in East Java.
ADNOC remained committed to its $150 billion five-year capital expenditure (CAPEX) programme, said Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology. He sought an absolute commitment to freedom of navigation through the Strait of Hormuz to to enhance global energy resilience.
OQ Base Industries and Oman Oil Marketing Company signed an MoU to collaborate on alternative energy, including solar power, EV charging infrastructure, biofuels, and methanol fuel blending, supporting Oman’s energy transition and sustainability goals.
Kawasaki Kisen Kaisha (“K” LINE) has named its new 174,000-cubic-metre LNG carrier, Diamond Gas Jade, at Samsung Heavy Industries. The vessel, owned by a joint venture, will support the LNG Canada Project involving Mitsubishi Corporation.
Companies and individuals driving progress in the hydrogen sector were recognised at the World Hydrogen Awards 2026, held in Rotterdam alongside the opening day of the World Hydrogen Summit & Exhibition at the Ahoy Rotterdam complex.
Action Energy Company has announced the signing of a market maker agreement with National Investments Company (NIC), aimed at enhancing liquidity and improving trading efficiency for its listed shares.
Japanese Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung agreed to strengthen energy cooperation by securing stable supplies of crude oil, petroleum products, and LNG amid rising geopolitical tensions in the Middle East.
Carbon pricing revenues have more than tripled over the past decade, rising from under $30 billion in 2016 to more than $107 billion in 2025, according to the World Bank Group’s latest report.
AVEVA, a global leader in industrial software, and IFS, a global leader in AI-powered enterprise software for asset-intensive industries, today announced a technology partnership to enable complex industrial organisations to connect operational intelligence, enterprise execution and strategic capital planning.
