McDermott Energy Solutions (UK) Ltd has been awarded a letter of intent including limited engineering and procurement services for the continuation of the Rovuma LNG Phase 1 midstream development by ExxonMobil Moçambique.
ORLEN has opened a Marine Transshipment Terminal at its Gdansk refinery, Poland, marking the completion of one of the group’s key logistics projects.
ECOnnect Energy has signed an agreement with New Providence Gas Ltd to deliver an IQuayTM C-Class floating LNG import terminal to the Bahamas.
Exolum has completed the acquisition of a minority stake in SeaSeaS Amsterdam, a project developing a multimodal CO2 export terminal at the Port of Amsterdam, the Netherlands.
Argent LNG has announced the formal submission of its waterway suitability assessment to the US Coast Guard, marking a significant step in the company’s engagement with the full suite of federal agencies required for its LNG export project.
Worley has been awarded a framework agreement with INPEX Operations Australia Pty Ltd to support its operations in Australia.
MWG Enterprises, Patel Family Office, and PWS have together launched MERA Oil, a US-Saudi private consortium, and entered the final stage of selecting a host for their planned US$5 billion integrated refinery and energy export corridor.
L&T Energy Hydrocarbon Onshore business has secured a major engineering, procurement, and construction order from Kuwait Oil Co. for its key Jurassic Light Oil export facilities and the upgrade of existing export network.
TotalEnergies (50%) and Eni (50%, operator), partners in Cyprus offshore Block 6, have taken the Final Investment Decision for the development of the Cronos gas field, discovered in 2022 and successfully appraised in 2024.
Baker Hughes has announced a major order from Venture Global LNG to provide a comprehensive liquefaction solution for its CP2 LNG expansion project in Louisiana, US.
Energia Costa Azul, the second LNG export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on 8 July 2026, according to the project developer, the US EIA has reported.
Recent Wood Mackenzie analysis warns that European gas storage is at a historically low level and combined with renewed Strait of Hormuz disruption, has driven spot prices more than 50% above their June lows and placed winter 2026/27 supply security at risk.
The Eastern Mediterranean Petrochemical Industrial Zone and Port, developed by Rönesans Holding in Ceyhan, Adana, Türkiye, has entered a new phase of development driven by new investments, ongoing infrastructure works, and growing international investor interest.
For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.
Emerson has announced a new flameproof model for the Rosemount™ 965 Flame Detector, adding hazardous-location certification for applications where reliable hydrocarbon flame detection is required.
AB KN Energies has announced an additional invitation to submit requests for the allocation of 2027 Klaipeda LNG terminal capacities, Lithuania.
In the first half of 2026, Adriatic LNG was Italy’s third-largest source of natural gas imports, after the pipelines transporting gas from Algeria and Azerbaijan.
Asian LNG demand is heading for a second consecutive year of decline, reports Wood Mackenzie.
Shell Bahamas Power Company Inc. has taken a final investment decision on an LNG regasification terminal in the Bahamas.
Crude oil inventories held at storage facilities in Cushing, Oklahoma, US, fell below 20 million bbl during the week ending 19 June until the week ending 10 July, according to EIA's Weekly Petroleum Status Report.
LNG Canada and its joint venture participants have announced an equity option agreement with MNT Investments LP, a limited partnership of the economic development organisations of five First Nations neighbouring LNG Canada’s operations.
UNIMOT Paliwa imported a seaborne shipment of crude oil to Gdansk in July 2025, which will be transported from the Naftoport terminal to the PCK refinery in Schwedt, Germany, using PERN's pipeline infrastructure.
Glenfarne Group, LLC announced a US$500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of BlackRock.
Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.
Technip Energies has awarded Yokogawa Corp. of America the role of main automation contractor for the Commonwealth LNG project.