Oil Rises on Looming US Russia Sanction Threats
Oil rose nearly 3% as traders braced for new US sanctions on Russian energy.
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ADNOC Bags 3-Year LNG Order from SEFE
ADNOC will supply Germany's state-owned SEFE 700,000 metric tons a year of LNG for three years starting 2025.
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XCF Targets $1B Global SAF Production Portfolio
XCF announced an investment plan of nearly $1 billion over the next three years to build SAF production facilities, with most of its in-the-pipeline projects in the U.S.
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Puerto Rico Board Suspends $20B New Fortress Gas Deal
Approving the contract would 'lock the island into a long-term commitment with a single supplier, potentially undermining market competition and limiting flexibility'.
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Aker Solutions Secures Troll C Preparation Job for Fram Sor Tie-In
Aker Solutions bagged a contract from Equinor to prepare the topside of Troll C to receive and process production from the Fram Sor subsea tie-in project.
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NATO Innovation Fund, Norway Invest in Robotic Offshore Assets Maintenance
The support will help Kongsberg Ferrotech, whose solutions have already been deployed by energy giants, grow its reach across NATO.
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SEFE Increases LNG Purchase from Venture Global
SEFE Energy GmbH will purchase an additional 0.75 million metric tons per annum of liquefied natural gas (LNG) from CP2 LNG for 20 years.
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Seatrium Wins FSRU Conversion Contract from Karpowership
The project involves the conversion of a liquefied natural gas (LNG) carrier into an FSRU named LNGT Turkiye.
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Masdar Joins Iberdrola's East Anglia III Wind Project offshore UK
The Emirati and Spanish companies signed a deal to co-invest EUR 5.2 billion in the under-construction 1.4-gigawatt East Anglia III wind farm in the North Sea.
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Petro-Victory to Be Acquired by Brazil's Azevedo & Travassos Energia
The transaction is intended to combine the businesses and assets of the two companies, resulting in Petro-Victory becoming a wholly owned subsidiary of ATE.