MOL has finished rebuilding the AV3 crude oil distillation unit at its Danube Refinery in Százhalombatta, following a fire last autumn. Completed on schedule with an 18-billion-forint ($57 million) budget, the project enables the refinery to resume full capacity, boosting regional fuel security.
China National Offshore Oil Engineering has announced the groundbreaking of its biggest international offshore project - Bul Hanine EPIC in Qatar - with a total contract value of $4 billion. The project is being developed in the country's Bul Hanine oilfield by QatarEnergy.
AMPO POYAM VALVES has secured a contract to supply specialised cryogenic gate, globe, and check valves for the Power, Capture and Compression (PCC) Project, a key component of the Net Zero Teesside (NZT) initiative in North-East England.
Global renewable capacity hit 5.15 terawatts in 2025, driven by a record 693 gigawatts of new additions. However, a new report warns that annual growth must nearly double to 1,200 gigawatts to achieve the 2030 target of 11.2 terawatts, according to a new report released during Climate Week NYC.
Egypt Mining Forum 2026 will open in Cairo on September 28, with more than 6,000 attendees from over 50 countries expected to attend the largest edition in the event’s history.
Strohm has completed a joint industry programme (JIP) with Petrobras and Shell to qualify its Thermoplastic Composite Pipe (TCP) flowline technology for demanding Brazilian pre-salt conditions, marking a major step towards offshore deployment of corrosion-free flowlines.
Türkiye generated 442.2 TWh from solar and wind between 2015 and 2025, avoiding an estimated $21.5 billion in coal imports and up to 354 million tonnes of carbon dioxide emissions, according to the Energy and Natural Resources Ministry.
Germany’s federal and state governments have agreed to cut taxes on petrol and diesel from October 1 through the end of 2026, aiming to ease the impact of rising fuel prices.
US Secretary of State Marco Rubio and Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani signed a memorandum of understanding on critical minerals in New York.
Oil prices climbed again to stay above the psychologically important $100-a-barrel mark on Tuesday as renewed concerns over Gulf security offset signs of improving Saudi crude flows through the Strait of Hormuz.
