Industry News

However, the European Commission assured there was ‘currently no physical shortage of these products in Europe’.

Petrovietnam and Denmark-based CIP have entered into an agreement to jointly develop the Nam Trung Bo 1 offshore wind project.

The sale may attract interest from private equity suitors, and the oil companies are aiming for a deal that values the unit at about $8 billion, according to the Financial Times.

Rio Tinto has announced a $1.9bn investment to develop the Kangwinan bauxite project located in Queensland’s Western Cape York Peninsula. The post Rio Tinto commits $1.9bn for Queensland’s Kangwinan bauxite project appeared first on Mining Technology .

Google and Voltus have announced an expanded agreement to build a VPP with a total capacity of 1GW in the PJM grid region.

The price of Brent crude oil reached $114 per barrel intraday on Friday.

Saipem and Modern Drilling Company (MDC) have entered into a memorandum of understanding (MoU) to assess new collaboration opportunities in offshore drilling, beginning in the Egyptian market.

Cheniere Energy has signed long-term sale and purchase agreements (SPAs) with QatarEnergy for the supply of a combined total of four million tonnes per annum (mtpa) of liquefied natural gas (LNG) through to 2054.

Source: The National (Business), 2026-10-23. Third-party report, linked to its original publisher; IC360 has not independently verified it.

Nordex has announced its entry into the New Zealand wind energy market after securing a contract from Mercury.