Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

War in Iran is causing biggest energy crisis in history: IEA

Tue, 21 Apr 2026

The Iran–US–Israel conflict is driving the worst global energy crisis, IEA head Fatih Birol said, calling it the biggest in history, worsened by Russia-related energy shocks and supply pressures global.

Energy, Oil & Gas

ScottishPower, Masdar set UK blade install record at East Anglia THREE wind farm

Tue, 21 Apr 2026

ScottishPower and Masdar’s East Anglia THREE offshore windfarm has set a UK offshore wind record with the installation of its first turbine – the first in the UK to feature 115 metre blades, each one longer than a Premier League football pitch.

Energy, Oil & Gas

Record 165 GW new wind power capacity launched last year

Tue, 21 Apr 2026

Global wind capacity reached 1,299 GW by the end of 2025, with 138 countries now powering their economies with wind power, says GWEC's 2026 Global Wind Report.

Energy, Oil & Gas

Oil prices decline on market hopes for US-Iran talks this week

Tue, 21 Apr 2026

Oil prices edged lower in early Tuesday trading as markets pinned cautious hopes on a revival of US-Iran diplomacy, even as tensions around the Strait of Hormuz underscored the fragility of the situation ahead of the expiry of a two-week ceasefire.

Energy, Oil & Gas

Kuwait declares force majeure on oil shipments

Mon, 20 Apr 2026

Kuwait has declared force majeure on shipments of crude oil ‌and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering ⁠the Persian Gulf, hindering its ability to meet certain customer commitments, Bloomberg News reported.

Energy, Oil & Gas

Nearly half of Gulf O&G assets beyond design life: IGS research

Mon, 20 Apr 2026

Integrated Global Services (IGS) research shows 46 per cent of oil and gas assets in Saudi Arabia and UAE operate beyond design life, with 83 per cent still confident in performance despite downtime losses and growing focus on efficiency and reliability.

Energy, Oil & Gas

World loses $50 billion worth of oil due to war

Mon, 20 Apr 2026

The nearly two-month-long conflict involving US, Israel and Iran has inflicted a heavy toll on global energy markets, erasing tens of billions of dollars in potential oil output and triggering one of the most severe supply disruptions in recent history.

Energy, Oil & Gas

IntrospeXion expands into Mideast for mental health support

Mon, 20 Apr 2026

IntrospeXion, a specialist consultancy firm providing mental health and wellbeing aid to offshore and energy workforces, has announced expansion into the Middle East through a new entity.

Energy, Oil & Gas

Eni announces gas discovery offshore Indonesia

Mon, 20 Apr 2026

Eni has announced a major gas discovery at the Geliga-1 well in Indonesia’s offshore Ganal block, with estimated resources of about 5 Tcf of gas and 300 million barrels of condensate.

Energy, Oil & Gas

Global 2025 energy demand led by solar, gas: IEA report

Mon, 20 Apr 2026

Global energy demand growth slowed in 2025, while electricity use rose faster. Solar PV led supply growth for the first time, followed by natural gas, which accounted for 17 per cent mainly in power generation, according to a new International Energy Agency (IEA) report.