Oil / Energy News and Press Releases

Oil / Energy

Releases published in the last 30 days.

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Building for the future: Borealis and Borouge expand global XLPE and SEMICON capacity to enable the energy transition: 5/27/2025 8:08:45 PM; • By the end of 2027, Borealis and Borouge will have doubled their ability to serve the most demanding power cable applications, enabling their customers to deliver on the energy transition • Borealis completes major upgrade of its semiconductive (semicon) compounding assets in Antwerp, Belgium, to meet surge in demand for compounds for high-end cable applications • A …
Enel, signed agreement that allows the Group to increase consolidated renewable capacity in the US by 285 MW: 5/26/2025 2:01:49 PM; · The transaction will take place through the completion of a swap agreement with GPP concerning operational wind farms and is in line with the Enel Group’s strategy to increase the generation capacity from renewable sources, including through the acquisition of assets already in operation (Brownfield) Enel informs that its wholly owned subsidiary Enel Green Power …
Schneider Electric Launches Impact Buildings Program with First Site in Dubai: 5/26/2025 10:48:01 AM; Schneider Electric, the leader in the digital transformation of energy management and automation, today launched its first Impact Building in Dubai as part of its new Impact Buildings Program. As the world’s most sustainable company, Schneider Electric’s Impact Buildings Program aims to drive sustainability through its own global commercial real estate using best in class …
Brazil: First oil of Mero-4: 5/26/2025 10:38:07 AM; TotalEnergies announces first oil from the fourth development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin.
Libra Consortium announces first oil from Mero-4 FPSO in Brazil pre-salt: 5/26/2025 10:33:52 AM; Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil.
Virgin Australia and Boeing release report on Sustainable Aviation Fuel accounting by independent advisory firm: 5/23/2025 10:45:21 AM; Virgin Australia and Boeing have released a report by Pollination on the challenges and opportunities of an International Book and Claim system for Sustainable Aviation Fuel (SAF) accounting. The report, completed by independent advisory firm, Pollination and unveiled at an industry event in partnership with the University of NSW’s Decarbonisation Innovation Hub, examines …
Oxy Oman and Oman Government Sign Agreement to Extend Block 53 Operations: 5/21/2025 11:54:08 AM; Occidental Mukhaizna LLC (Oxy Oman), the leading independent oil and gas producer in Oman and subsidiary of Occidental (Oxy), has signed a 15-year extension of its Exploration and Production Sharing Agreement (EPSA) for the onshore Block 53 in south-central Oman, where it operates the world-class Mukhaizna heavy oil field.
Eni Foundation and ENE Angola launch two healthcare initiatives to strengthen pediatric services in Luanda and across Angola: 5/21/2025 11:33:04 AM; Eni Foundation, the foundation of Eni that supports societal needs in countries where the company operates, and Eni Natural Energies (ENE) Angola, Eni’s branch in the country, have signed two Memorandum of Understanding (MoU) with the Angolan Ministry of Health.
Intertek and Sigenergy Jointly Release White Paper to Advance Safety in Commercial and Industrial Energy Storage: 5/15/2025 8:53:30 AM; Intertek, a leading Total Quality Assurance provider to industries worldwide, and Sigenergy Technology Co., Ltd. (“Sigenergy”) have jointly unveiled a new White Paper titled ‘Total safety care for C&I Energy Storage System (ESS) Solution’ at Intersolar Europe 2025 in May 7.
Aramco announces 34 MoUs and agreements with US companies: 5/15/2025 7:53:48 AM; • MoUs and agreements with a potential value approximately worth $90 billion • MoUs and agreements aim to further advance Aramco’s long-term strategy, maximize shareholder value, and build on longstanding relationship with US companies • Collaborations intend to foster innovation and development across multiple fields Aramco, one of the world’s leading integrated …
Nuclitalia has been created: Enel, Ansaldo Energia and Leonardo join forces on research on nuclear power: 5/15/2025 7:51:40 AM; Enel, Ansaldo Energia and Leonardo have formalized the establishment of Nuclitalia, a company that will be in charge of studying advanced technologies and analyzing market opportunities in the new nuclear sector.
Shell publishes report on Payments to Governments: 5/15/2025 7:49:54 AM; Today, Shell publishes its 2024 Payments to Governments Report. This report provides a consolidated overview of the payments to governments made by Shell plc and its subsidiary undertakings (Shell) for the year 2024, as required under the UK’s Reports on Payments to Governments Regulations 2014 (as amended in December 2015).
Manufacturing jobs, electricity prices threatened by House budget legislation: 5/14/2025 2:46:43 AM; Ceres Senior Director of Federal Policy Zach Friedman issued the following statement, as the U.S. House of Representatives’ Ways & Means, Energy & Commerce, and Agriculture committees met to mark up their portions of a proposed budget reconciliation bill: “Businesses need a stable policy environment and economic certainty in order to restore U.S.
Eni announces production start-up from Merakes East field, offshore Indonesia: 5/13/2025 4:52:57 PM; Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field is in the East Sepinggan block (Eni 85%, Op.) and will contribute up to 100 MMSCFD of gas or approx.
Schneider Electric Showcases the Future of Energy Intelligence with One Digital Grid Platform: 5/13/2025 7:43:15 AM; • Digital Grid Innovation Days in Milan offer a hands-on opportunity to experience the power and potential of the One Digital Grid Platform • Available in 2025, the Platform equips utilities with the foundation needed to navigate modern energy challenges • Delivers a complete ecosystem of solutions, leveraging AI to deliver generational advances in Planning & Asset …
Statkraft stops new development of green hydrogen projects: 5/13/2025 7:36:58 AM; Statkraft has developed expertise and created value in green hydrogen projects in line with our strategy across various European markets, including Norway, Sweden, the UK, Germany, the Netherlands and Italy. The company has decided to halt new development of hydrogen, though parts of the portfolio will be further matured before seeking investors to realise the projects.
Ocean Winds celebrates the successful installation of the first turbine of the Yeu-Noirmoutier offshore wind farm: 5/12/2025 1:54:49 PM; Ocean Winds (OW) celebrates a major milestone in the construction of the Îles d’Yeu et de Noirmoutier (EMYN) offshore wind farm with the successful installation of its first wind turbine.
ACCIONA Energía and El Ganso launch a new line of shoes made with recycled blades from the Tahivilla wind farm: 5/12/2025 10:23:15 AM; • CIRCULARITY. The blades come from a wind turbine dismantled during the repowering of the wind farm, which will go from 98 to 13 turbines ACCIONA Energía and El Ganso have announced the launch of a new line of sneakers made with recycled blades from a wind farm currently undergoing repowering: Tahivilla in Cádiz (Spain).
Moeve reports EBITDA of €377m in the first quarter of 2025: 5/12/2025 10:17:05 AM; • Clean CCS EBITDA reached €377m in Q1 2025, underpinned by a solid operational performance across most businesses in an environment of lower refining margins and heightened market volatility • Clean CCS Net Income amounted to €138m during the first quarter of the year • Operating cash flow reached €338m, reflecting solid cash conversion capabilities, enabling …
Aecon-led partnership awarded contract by Ontario Power Generation for the execution phase on the Darlington New Nuclear Project: 5/12/2025 8:45:45 AM; Aecon Group Inc. (TSX: ARE) (“Aecon”) announced that Aecon Kiewit Nuclear Partners, a general partnership between Aecon and Kiewit Nuclear Canada in which Aecon is the lead partner, has been awarded an alliance construction contract by Ontario Power Generation (“OPG”) for the execution phase on the Darlington New Nuclear Project (“DNNP”) in Clarington, Ontario.