Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

Panasonic to launch US battery production for AI data centres by 2028

Sun, 14 Jun 2026

Panasonic Holdings plans to begin mass production of battery cells for data centre applications in the United States by fiscal 2028, positioning itself to benefit from rapidly rising demand driven by artificial intelligence infrastructure expansion.

Energy, Oil & Gas

SMR capacity set to rise sixfold as nuclear tech gains momentum

Sun, 14 Jun 2026

Small modular reactors (SMRs) are emerging as a key technology in the global shift to low-carbon, secure and flexible energy systems, with capacity forecast to rise roughly sixfold between 2025 and 2030, according to GlobalData

Energy, Oil & Gas

GEF approves $232m in new funding and endorses $3.9bn GEF-9 plan

Sun, 14 Jun 2026

The 71st Global Environment Facility Council in Samarkand approved $232.5 million in new environmental finance and endorsed the $3.9 billion GEF-9 plan for 2026–2030 to scale global climate, biodiversity and adaptation funding.

Energy, Oil & Gas

Mena emerges as $642bn hub for clean industry investment

Sun, 14 Jun 2026

Mena is emerging as a major global hub for clean industrial investment, with 84 projects worth about $642 billion across clean fuels, fertilisers, steel and aluminium, according to a report by Mission Possible Partnership and the Industrial Transition Accelerator.

Energy, Oil & Gas

Motive Offshore buys C-Kore to boost subsea testing capabilities

Sun, 14 Jun 2026

Motive Offshore Group has acquired C-Kore, a subsea cable monitoring and integrity technology provider, strengthening its global testing, inspection and certification capabilities.

Energy, Oil & Gas

DTI rebrands as Pragma, focuses on well barriers

Sun, 14 Jun 2026

Downhole Tools International has rebranded as Pragma, marking a strategic shift toward the development and commercialisation of advanced well barrier technologies.

Energy, Oil & Gas

OneSubsea secures bp deal for Thunder Horse project

Sun, 14 Jun 2026

SLB announced that its OneSubsea joint venture has been awarded a contract by bp to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America.

Energy, Oil & Gas

Ampo to supply 85 valves for Karachaganak field upgrades

Sun, 14 Jun 2026

Ampo Poyam Valves will supply 85 high-pressure on-off ball valves for two upgrade projects at the Karachaganak Field in Kazakhstan, operated by Karachaganak Petroleum Operating.

Energy, Oil & Gas

Freudenberg expands energy portfolio with Balmoral Comtec deal

Sun, 14 Jun 2026

Freudenberg Group has expanded its energy portfolio by acquiring Balmoral Comtec, strengthening its Flow Technologies business in sealing and connector systems for global energy markets spanning offshore oil, gas and renewables industries worldwide.

Energy, Oil & Gas

Axens, Dragonfly partner on SAF projects in Africa, Caribbean

Sun, 14 Jun 2026

Axens has announced a collaboration with Dragonfly to license Axens’ Vegan HEFA technology for the development of multiple sustainable aviation fuel (SAF) production facilities across Africa and the Caribbean.