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Energy Industry News
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Lyten moves to expand European battery and AI footprint with second industrial hub in Gdansk, Poland
Lyten announces a second European industrial hub in Gdansk, Poland, blending BESS manufacturing and AI data centres. Read what it means for energy and defence.
Kodiak Gas Services (NYSE: KGS) closes $24m Permian Basin compression deal with 7-year service contract
Kodiak Gas Services acquires 20,000+ HP in the Permian Basin for $24M under a seven-year deal. What it means for KGS investors and the compression sector. Read more.
Iran attacks Qatar’s energy heart, setting region back 10 to 20 years, CEO says
Iranian strikes on Qatar's Ras Laffan Industrial City have destroyed 17% of LNG export capacity. QatarEnergy CEO confirms force majeure on contracts with Europe and Asia.
Eni sanctions dual deepwater FIDs in Indonesia as NYSE: E trades near 52-week highs, targeting 2 Bcfd gas plateau by 2029
Eni sanctions two Indonesia deepwater gas hubs targeting 2 Bcfd by 2029 and Bontang LNG reactivation. Read what this means for Petronas NewCo and Asian LNG supply.
Viva Energy (ASX: VEA) jumps 15% as government raises FSSP trigger by A$5.7/bbl for Geelong Refinery
Australia raises the Geelong Refinery FSSP trigger to A$15.9/bbl, lifting Viva Energy (ASX: VEA) 15%. Read what this means for refinery viability and fuel security.
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.