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Energy Industry News
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Maha Capital moves fast on PetroUrdaneta as OFAC authorises US-entity transactions with PdVSA under GL 52
Maha Capital exercises a EUR 4.6m call option for PetroUrdaneta the same day OFAC publishes GL 52, opening Venezuela's oil sector to US entities. Read the analysis.
BP PLC stock near 52-week high as Gelsenkirchen refinery sale raises savings target by $1bn
BP PLC agrees to sell Gelsenkirchen refinery to Klesch Group, lifting its 2027 cost-cut target to $7.5bn. Read the full strategic and market analysis.
LIFTBOT maker KEWAZO hits $35m total funding with Chevron and Asahi Kasei as energy giants back refinery robotics
KEWAZO reaches $35M total funding backed by Chevron Technology Ventures and Asahi Kasei to expand LIFTBOT robotics at refineries and chemical sites. Read the full analysis."
India’s small hydro push: Rs 15,000cr investment, 51 lakh jobs, border security boost
India's Union Cabinet approves Rs 2,585 crore Small Hydro Power Development Scheme to install 1,500 MW of run-of-river projects by FY 2030-31 across hilly and border states.
Iran strikes Ras Laffan Industrial City, causing extensive damage to world’s largest LNG export terminal in Qatar
Iran struck Qatar's Ras Laffan LNG facility on 18 March 2026, causing fires and extensive damage. Qatar expelled Iranian diplomats and invoked the right to self-defence.
Woodside Energy (ASX, NYSE: WDS) confirms Liz Westcott as CEO in bet on operational delivery over commercial ambition
Woodside Energy (ASX: WDS) appoints Liz Westcott as permanent CEO. What it means for Scarborough LNG, shareholder returns, and the LNG sector. Read more.
ASX energy index climbs to highest level since April 2024 as oil shock drives broad sector rally
ASX energy stocks surge to a near two-year high as the Iran conflict drives oil above US$100. NHC, WDS, STO, VEA lead gains. Read the full sector analysis.
Why a $204,000 deal could signal a bigger pivot for VisionWave Holdings, Inc. into energy infrastructure (NASDAQ: VWAV)
VisionWave Holdings, Inc. acquires Junko Solar to expand solar services. Discover how this $204K deal could reshape its AI and infrastructure strategy.
Thor offshore wind farm : RWE delivers electricity to Danish grid ahead of 2027 commercial operation target
RWE AG's 1.1 GW Thor offshore wind farm delivers first power to Denmark's grid. What does the milestone mean for RWEG investors? Read the full analysis.
BP and Azule Energy bring Angola’s first non-associated gas project online as Quiluma field begins production
BP and Azule Energy confirm first gas at Angola's Quiluma field under the New Gas Consortium. Read what this means for Angola LNG and BP's upstream strategy.