Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

ADNOC L&S takes delivery of fourth new-build LNG carrier

Wed, 10 Dec 2025

ADNOC Logistics & Services (ADNOC L&S), a global leader in integrated maritime energy logistics, has taken delivery of ‘Al Sadaf,’ the fourth of six new-build liquefied natural gas (LNG) carriers from the Jiangnan Shipyard in China.

Energy, Oil & Gas

Senegal to launch pipeline network construction before end of 2025

Wed, 10 Dec 2025

Senegal’s state-owned midstream company Reseau Gazier du Sénegal is set to begin construction of a domestic gas pipeline network before the end of 2025, according to Birame Soulèye Diop, Minister of Energy, Petroleum & Mines of Senegal.

Energy, Oil & Gas

SAF production growth slows ahead of e-SAF mandates: IATA

Wed, 10 Dec 2025

The International Air Transport Association (IATA) forecasts Sustainable Aviation Fuel (SAF) production to reach 1.9 Mt in 2025, doubling 2024 levels, but growth will slow to 2.4 Mt in 2026. SAF will account for under 1% of jet fuel, with high premiums adding $3.6 billion in costs amid limited policy support.

Energy, Oil & Gas

TotalEnergies merges its upstream business with NEO NEXT

Wed, 10 Dec 2025

TotalEnergies has signed an agreement with NEO NEXT Energy (NEO NEXT) under which TotalEnergies will merge its upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5 per cent ownership.

Energy, Oil & Gas

Eni announces gas discovery in Kutei Basin, Indonesia

Wed, 10 Dec 2025

Eni announces a gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau PSC, in the Kutei Basin, about 50 km off the coast of East Kalimantan in Indonesia. Estimates indicate 600 billion cubic feet (Bcf) of gas initially in place (GIIP) with a potential upside beyond 1 trillion cubic feet (TCF).

Energy, Oil & Gas

Plenitude expands in Spain with Caparacena 150 MW solar plant launch

Wed, 10 Dec 2025

Plenitude has inaugurated the 150 MW Caparacena solar project in Chimeneas, Granada. Spanning 264 hectares with three 50 MW photovoltaic parks and over 274,000 bifacial modules, it will generate around 320 GWh of electricity annually, marking a major addition to Plenitude’s Spanish portfolio.

Energy, Oil & Gas

Equinor’s first hybrid power complex starts operations

Wed, 10 Dec 2025

Equinor and its Brazilian subsidiary Rio Energy have started commercial power production at the Serra da Babilônia Solar facility in Brazil. Strategically co-located with the existing Serra da Babilônia Wind, this represents the first hybrid asset in Equinor’s power portfolio, comprising 140 MW of solar and 223 MW of wind capacity.

Energy, Oil & Gas

OQ accelerates downstream growth with 11 new Ladayn deals

Wed, 10 Dec 2025

OQ, Oman’s global investment group, has signed 11 new investment agreements under the Ladayn Polymer Park programme, backed by more than OMR 27 million ($70 million) in committed investments, bringing the programme’s total investment to OMR 85 million.

Energy, Oil & Gas

Four Saudi firms sign agreements to develop Syrian O&G fields

Wed, 10 Dec 2025

Under the supervision and follow-up of Saudi Arabia’s Ministry of Energy, four Saudi companies, TAQA, ADES Holding, Arabian Drilling, and the Arabian Geophysical and Surveying Company (ARGAS), signed agreements with the Syrian Petroleum Company covering services, technical support, and the development of oil and gas fields in Syria.

Energy, Oil & Gas

Air Products, Yara near partnership on low-emission ammonia

Wed, 10 Dec 2025

Air Products and Yara International plan to combine their strengths in low-emission hydrogen and global ammonia distribution to accelerate large-scale clean ammonia production.