US President Donald Trump has said in an interview with Financial Times that he wanted to "take the oil in Iran" and could seize the export hub of Kharg Island.
Qatar National Bank (QNB) said China's economic growth outlook remains broadly resilient despite mounting geopolitical tensions and volatility in global energy markets, citing structural factors that mitigate the impact of rising energy prices.
The INGAA Foundation’s 2025 report finds natural gas will remain central in North America through 2052. Rising electricity demand and LNG growth require $1 trillion in midstream investments, including 37,000 miles of new pipelines.
Saudi Arabia's East-West pipeline, which circumvents the Strait of Hormuz, is pumping oil at its full capacity of 7 million barrels a day, Bloomberg News reported, citing a person familiar with the matter.
Two LPG tankers, BW Elm and BW Tyr, are crossing the Strait of Hormuz to India. So far, four stranded Indian LPG cargoes—Shivalik, Nanda Devi, Pine Gas, and Jag Vasant—have been moved from the strait.
2H, Acteon’s engineering consultancy, announced the acquisition of Houston-based EPC (Engineering, Procurement and Construction) specialist Upstream Engineering.
Expro is set to deliver well testing services for the first Schleidberg well as part of Vulcan Energy’s Lionheart Project - one of Europe’s significant geothermal and lithium extraction developments.
CAN Group and Envizion will integrate digital twin workflows across energy assets, combining inspection expertise and ENGAGE with Envizion’s AVA platform to streamline data management, visualisation and operational use, unlocking greater value from existing asset data.
Adnoc and OMV announced the executive leadership team and Supervisory Board of Borouge Group International, a global polyolefins champion to be formed through the combination of their shareholdings in Borouge and Borealis, followed by the acquisition of NOVA Chemicals.
The global hydrogen economy reaches a 2026 inflection point, with 2.2 mtpa capacity across 460 projects. Growth faces demand and investment constraints, though capacity could hit 82.3 mtpa by 2030, says GlobalData.
