Latest News
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06 Nov 26
Energy security concerns spur faster renewables growth across a widening constellation of countries
Renewables, already expanding at a record pace before the current energy crisis, are set to see strong growth across a wider range of countries around the world in the coming years as governments seek to strengthen energy security and reduce their exposure to imported fuels and volatile prices, according to the IEA’s latest report. -
06 Nov 26
UK: Swinney opposes Labour's ban on new North Sea drilling
First Minister John Swinney has criticised the UK Government's plans to ban new oil and gas exploration in the North Sea, arguing there is a strong case for developing domestic resources rather than relying on imports. -
06 Nov 26
UK: Labour MPs condemn North Sea drilling ban as ‘crazy and perverse’
Prime Minister Andy Burnham is facing a growing rebellion from his own MPs over plans to ban new oil and gas exploration in the North Sea, with Labour backbenchers warning the policy threatens jobs, investment and Britain's energy security. -
06 Nov 26
South Africa: PNE Group sells another photovoltaic project in South Africa
The PNE Group is continuing its successful project development activities in South Africa. The company has recently concluded the sale of another large photovoltaic (PV) project, located in the Free State province, with a planned nominal capacity of 250 MW, to a major South African independent power producer. -
06 Nov 26
Japan: Greenvolt brings first two battery energy storage systems (BESS) into operation in Japan
Greenvolt Power has brought its first two battery energy storage projects into operation in Japan, with a combined capacity of 4 MW / 8 MWh. Located in Kyushu, south-western Japan, the two stand-alone projects operate on a merchant basis, generating revenues through participation in electricity markets. -
06 Nov 26
Australia: Georgina Energy provides update on Hussar EP513 wellhead procurement and rig mobilisation
Georgina Energy, a helium, hydrogen and natural gas exploration and development company with strategic permits in Australia, announces further progress towards drilling at its Hussar EP513 project in Western Australia, including the procurement of wellhead equipment from Cactus Wellhead and notification to Ensign regarding mobilisation of the contracted Ensign Rig 970. -
06 Nov 26
ConocoPhillips announces third-quarter 2026 results and increases quarterly ordinary dividend by 11%
ConocoPhillips reports third-quarter 2026 earnings of $4.0 billion compared with third-quarter 2025 earnings of $1.7 billion. Excluding special items, third-quarter 2026 adjusted earnings were $3.9 billion compared with third-quarter 2025 adjusted earnings of $2.0 billion. Special items for the quarter primarily reflect the reversal of a tax reserve. -
06 Nov 26
UK: Scottish Onshore Wind Developers Forum calls on the Scottish Government to set ambition for onshore wind of at least 30 GW by 2040
The Scottish Onshore Wind Developers Forum calls on the Scottish Government to set ambition for onshore wind of at least 30 GW by 2040 -
06 Nov 26
Italy: Qair starts construction of the 24.2 MWp Castellammare solar project in Italy
Renewable energy company Qair announces the construction start of the Castellammare solar project, a 24.2 MWp photovoltaic plant located in Sicily, Italy. This initiative marks a new milestone in Qair’s development in one of its key European markets. -
05 Nov 26
Norway: SLB OneSubsea awarded contract for Lyra field development offshore Norway
Global energy technology company SLB has announced that its OneSubsea™ joint venture has been awarded a contract by Aker BP to deliver subsea production systems, umbilicals and associated services for the Lyra field development, formerly known as Kjøttkake, on the Norwegian Continental Shelf (NCS). -
05 Nov 26
Brazil: RINA signs €11M contract with Petrobras for subsea engineering and decommissioning services
RINA, the global inspection, certification and consulting engineering multinational group, has signed a three-year €11 million contract with Petrobras to support initiatives related to the integrity and decommissioning of subsea systems. The project will involve engineering analyses and technical assessments designed to support decision-making on the management and planning of interventions in offshore infrastructure. -
05 Nov 26
Argentina: Archer awarded long-term drilling contract with Vista in Vaca Muerta
Archer has further strengthened its position in the Vaca Muerta shale play through the award of a new 2-year drilling contract with Vista, with an additional 1-year option.
