Saudi Ministry of Energy has announced that it has successfully restored the full pumping capacity through the East-West pipeline, amounting to 7 million barrels per day (bpd), and recovering the affected volumes from the Manifa field production of 300,000 bpd, said a report.
China National Offshore Oil Corporation (CNOOC) announced that construction has started on a carbon capture, utilisation and storage (CCUS) project at the Dongfang 1-1 gas field in south China's Hainan Province.
Global energy technology company SLB announced the signing of a strategic collaboration agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7.
bp has announced a gas and condensate discovery offshore Egypt following the drilling of the Denise W-1 exploration well in the Temsah Concession, located in the Eastern Mediterranean.
Recent global shocks have spurred intensive energy policymaking, increasing focus on security, resilience and affordability, and boosting public spending, according to the IEA’s State of Energy Policy 2026 report reviewing global policy changes in 2025.
The Asian Development Bank (ADB) has launched a multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN)—the first such fund in the region.
The European Commission stated that carbon dioxide emissions regulated under the European Union Emissions Trading System (EU ETS) decreased by 1.3 per cent in 2025, keeping the bloc on track to achieve its 2030 target of a 62 percent reduction.
SLB announced its OneSubsea joint venture secured a contract from Beacon Offshore Energy to deliver a high-pressure, high-temperature multiphase boosting system for the Shenandoah field in the Gulf of America.
Tekmar Group, a provider of asset protection technology and offshore energy services, has secured two contracts with a combined value of £2 million ($2.7 million for an offshore wind farm project in Japan.
STATS Group has acquired Aberdeen-based pipeline intelligence and cleaning specialist Pipelines 2 Data (P2D) to expand its global pipeline integrity and maintenance services and strengthen its existing portfolio of products and solutions.
