US President Donald Trump has waived key Russia-related sanctions and tariffs days before they were to take effect under a law he signed last month, including duties on the country's goods and penalties for buying its oil and gas.
Africa will need at least $125 billion in investment in oil refining through 2050, including funding for new projects, existing facilities and maintenance, an OPEC official said at African Energy Week 2026 in Cape Town, South Africa, as the continent's oil demand is projected to outpace refining capacity, said a report.
DNV-led NorMoor research has informed updated international offshore mooring standards, introducing a reliability-based framework designed to maintain safety while reducing costs for floating offshore installations, new developments and existing assets.
Independent energy company Kistos has signed a sales and purchase agreement with Vår Energi to acquire a 10 per cent working interest in three production licences on the Norwegian Continental Shelf for $12.9 million.
ADIPEC 2026 will bring together global energy leaders, government officials, investors and technology companies in Abu Dhabi from November 2-5, focusing on energy security, infrastructure investment, industrial development and technological innovation amid rising global demand and geopolitical uncertainty.
Applus+ in Saudi Arabia has completed specialised tube inspection services for the Train 2 Turnaround 2025 at Jubail Industrial City 2, supporting a major oil and gas client during a critical maintenance period.
SULB, a wholly owned subsidiary of Foulath Holding, has received the GCC Industrial Excellence Award at the Made in GCC 2026 Forum and Exhibition, recognising its efforts to strengthen the competitiveness and market access of Bahrain-manufactured products.
Global energy demand is projected to increase by 20% by 2055, rising from 641 exajoules (EJ) in 2024 to 768 EJ, driven by population and economic growth, according to Abubakar Abbas, senior energy forecast analyst at the Gas Exporting Countries Forum (GECF).
Ivory Coast is seeking more than $10 billion in energy investment by 2030, targeting upstream oil and gas development, exploration, gas infrastructure, refining and petroleum logistics as it looks to increase production and strengthen its position as a regional energy hub.
Desert Technologies, a leading Saudi clean energy and smart infrastructure company, has signed an agreement with US energy storage technology company EnerVenue to explore the deployment of advanced energy storage solutions in the kingdom, including a 215 kilowatt-hour (kWh) energy storage pilot planned for the first quarter of 2027.
