Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

KBR to deploy its innovative technology in Saudi biomethanol plant

Tue, 16 Dec 2025

KBR has announced that it has been awarded a major contract for its PureMSM green methanol technology by Fikrat Al Tadweer for a pioneering biomethanol plant project in Saudi Arabia. The project scope involves transforming landfill-gas into clean fuels.

Energy, Oil & Gas

Nigeria approves gas-flaring project targeting $2bn investment,3GW power

Mon, 15 Dec 2025

Nigeria has issued permits to 28 companies under its Gas Flare Commercialisation Programme to end routine flaring, cut emissions, and monetise wasted gas. The initiative targets up to $2 billon investment, 3GW power generation, 100,000 jobs, and cleaner energy access.

Energy, Oil & Gas

Egypt, Qatar's Al Mana Holding ink $200m SAF deal

Mon, 15 Dec 2025

Egypt signed a contract with Qatar's Al Mana Holding for a first-phase investment of $200 million to produce sustainable aviation fuel from used cooking oil in the Suez Canal Economic Zone at Ain Sokhna. The first phase will have an estimated annual production capacity of 200,000 tonnes.

Energy, Oil & Gas

GCCIA, Sustainable Energy sign MoU on multi-sector cooperation

Mon, 15 Dec 2025

The GCC Interconnection Authority (GCCIA) and the Sustainable Energy organisation signed a memorandum of understanding (MoU) to establish a framework for cooperation in scientific research, energy efficiency, sustainability, and specialised events organisation.

Energy, Oil & Gas

China’s first deepwater oilfield completes secondary development

Mon, 15 Dec 2025

China National Offshore Oil Corporation announced Sunday that the secondary development project of the Liuhua Oilfield, the country's first deepwater oilfield, has fully commenced operation.

Energy, Oil & Gas

EIA forecasts US crude oil production to decrease slightly in 2026

Sun, 14 Dec 2025

The US Energy Information Administration (EIA), in its latest Short-Term Energy Outlook report, forecasts that US crude oil production will average 13.5 million barrels per day (b/d) in 2026, about 100,000 b/d less than in 2025.

Energy, Oil & Gas

bp starts up its seventh major project of 2025

Sun, 14 Dec 2025

bp has delivered first oil from the Atlantis Drill Centre 1 expansion project in the US Gulf of America, its seventh upstream major project startup of the year. The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualised average production at the existing Atlantis platform.

Energy, Oil & Gas

Michelin, IFPEN, Axens advance BioButterfly biobased butadiene project

Sun, 14 Dec 2025

Michelin, IFPEN, and Axens have announced significant advancements in the BioButterfly project, supported by ADEME, Région Nouvelle Aquitaine and Bordeaux Metropole, which aims to produce bio-based butadiene from bioethanol.

Energy, Oil & Gas

EU renewables in electricity generation up 4pc in Q3 2025: Eurostat

Sun, 14 Dec 2025

In the third quarter of 2025, 49.3 per cent of net electricity generated in the European Union (EU) came from renewable energy sources, an increase of 3.8 per cent compared with the 47.5 per cent registered in the same quarter of 2024, according to figures by Eurostat, the statistical office of the EU.

Energy, Oil & Gas

GCC Interconnection Authority, Iraq finalise plans for major electricity link

Sun, 14 Dec 2025

The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Ministry of Electricity of the Republic of Iraq have discussed the final preparations for launching the electricity interconnection project between the two entities.