Latest News
-
15 Mar 26
US: Venture Global announces final investment decision and financial close for Phase 2 of CP2 LNG
Venture Global has announced a final investment decision (FID) and successful closing of an $8.6 billion project financing for the second phase of the company’s third project, Venture Global CP2 LNG (CP2). The project is expected to make Venture Global the largest exporter of US LNG. -
15 Mar 26
Update on IEA collective action decision of 11 March 2026
Oil from the IEA emergency reserves will soon start flowing to global markets following the announcement on 11 March that IEA Member countries will make 400 million barrels of oil available to the market in response to the disruptions resulting from the Middle East conflict. -
15 Mar 26
Goodnight Light: Plenitude’s book for becoming friends with the dark
Plenitude has launched Goodnight Light, a new communication project designed to encourage energy saving by helping children overcome their fear of the dark. The initiative aligns with Plenitude’s mission as a Benefit Corporation, promoting a positive impact on people and the environment while engaging the younger generations. -
15 Mar 26
UK: Unite: Government must back North Sea oil and gas including Rosebank and Jackdaw
Unite, the UK’s leading union, which represents thousands of oil and gas workers, is calling on the government to stop blocking oil and gas production in the North Sea, and to give the immediate go-ahead to the development of Rosebank and Jackdaw. -
15 Mar 26
Impact of Middle East conflict on TotalEnergies activities
TotalEnergies has confirmed the impact of Middle East conflict on TotalEnergies activities. Production has been shut down or is in the process of shutting down in Qatar, Iraq and UAE offshore, representing approximately 15% of the Companys total output. Onshore UAE production (~210 kb/d TotalEnergies share) is not affected by the conflict at this stage. -
15 Mar 26
UK: Galetech Group announces £3 million investment to expand UK renewable energy operations
Galetech Group has announced a commitment to invest £3 million (€3.5 million) in expanding its renewable energy services across the United Kingdom over the next five years. -
15 Mar 26
IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict
The 32 Member countries of the International Energy Agency unanimously agreed, on March 11, to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East. -
15 Mar 26
US: Revolution Wind begins delivering power to New England
Revolution Wind, LLC, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, announced today that the Revolution Wind project has started delivering power to New England's electric grid, strengthening the region’s power supply and helping reduce costs for consumers.
