Latest News
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16 Jun 25
Germany: RWE to start marketing free capacity in Gronau-Epe hydrogen storage facility
RWE Gas Storage West GmbH (RGSW) is starting to market free storage capacity in the hydrogen storage facility currently under construction at the Gronau-Epe site in North Rhine-Westphalia, Germany. For this, RGSW is launching a binding tender on 16 June. The tender is aimed at companies that want to secure available storage capacity for hydrogen from 1 January 2028. -
16 Jun 25
Baker Hughes to acquire Continental Disc Corporation, a differentiated leader in pressure management solutions
Baker Hughes, an energy technology company, has agreed to acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approx. $540 million. -
16 Jun 25
Inertia-ready: RWE’s innovative battery energy storage system in Moerdijk starts commercial operation
RWE’s first inertia-ready battery energy storage system (BESS) has started commercial operation on the site of the company’s power plant in Moerdijk, the Netherlands. It is the first of its kind in operation in the Central European grid. -
16 Jun 25
Malaysia: TotalEnergies expands Malaysia portfolio strengthening its strategic partnership with PETRONAS
TotalEnergies has announced the acquisition from PETRONAS of interests in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed. The licenses, which are all in different maturation stages, cover more than 100,000 km2. -
16 Jun 25
Australia: Empire Energy Group is now Beetaloo Energy Australia
Empire Energy Group has advised a new Company name and ASX Code. The Company will migrate to a new website beetalooenergy.com in the coming days. -
16 Jun 25
Australia: Vintage Energy sells entire 25% interest in PEP 171, onshore Otway Basin, to Beach Energy
Vintage Energy has announced the signing of contracts with Adelaide Energy (a wholly-owned subsidiary of Beach Energy) for the sale of Vintage’s entire 25% stake in PEP 171, onshore Otway Basin, Victoria. -
16 Jun 25
Egypt: Scatec reaches financial close for the 1.1GW solar + 100MW/200MWh BESS Obelisk project
Scatec has reached financial close for the 'Obelisk' hybrid solar and battery storage project in Egypt. The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026. The second phase of 564 MW solar in the second half of 2026. -
16 Jun 25
US: TotalEnergies enters 40 Chevron-operated exploration blocks, building on a successful U.S. offshore partnership between both Companies
TotalEnergies has announced the acquisition of a 25% working interest in a portfolio of exploration leases Offshore U.S. from Chevron (operator). The 40 Outer Continental Shelf (OCS) federal leases, spanning approx. 1,000 km2 and located 175 to 330 km from shore, include 13 blocks located in the Walker Ridge area, 9 blocks in the Mississippi Canyon area and 18 blocks in the East Breaks area. -
16 Jun 25
Brunei: Wood JV wins new major EPC contract in Brunei
John Wood Group (‘Wood’) and its joint venture (JV) partner, Tendrill International Sdn. Bhd, has secured a five-year contract with Brunei Shell Petroleum Sdn Bhd (BSP) for brownfield engineering, procurement, and construction (EPC) services. -
16 Jun 25
Australia: Thor Energy awarded Gas Storage Exploration Licences, South Australia
Thor Energy has announced that its subsidiary, Go Exploration, has received an offer from the South Australian Department for Energy and Mining to be granted three Gas Storage Exploration Licences: GSEL 804, GSEL 805, and GSEL 806, which has been formally accepted. -
16 Jun 25
Timor Leste: Sunda Energy provides Chuditch Update
Sunda Energy has announced that the planned Chuditch-2 appraisal well on the Chuditch field in the TL-SO-19-16 Production Sharing Contract, planned for drilling in H2 2025, is now expected to be drilled in H1 2026. The Company intends to initiate new or revisited discussions with potential funding parties that have expressed an interest in participating in the development of the Chuditch project and the export of gas for LNG.
