Latest News
-
13 Aug 25
Activ8 Energies powers up for UK expansion with Low Carbon Energy deal
Ireland’s leading solar panel provider Activ8 Energies, has acquired solar firm Low Carbon Energy (LCE) as it reveals ambitious plans to expand across the UK renewables sector. -
13 Aug 25
UK: NSTA field stellar line-up of speakers at Offshore Europe
The North Sea Transition Authority (NSTA) is sending a selection of experts to take the stage at Offshore Europe 2025, leading sessions on a wide range of topics from electrification to spatial planning. -
13 Aug 25
UK: Full Circle Wind Services opens new central warehouse in Livingston to strengthen UK operations
Full Circle Wind Services has officially opened a new central warehouse in Livingston, significantly strengthening its UK-wide supply chain and operational support for wind turbine maintenance. -
13 Aug 25
Vestas announces interim report Q2 2025
In the second quarter of 2025, Vestas generated revenue of EUR 3,745m – an increase of 13.6 percent compared to the year-earlier period. EBIT before special items amounted to EUR 57m, resulting in an EBIT margin before special items of 1.5 percent, compared to (5.6) percent in the second quarter of 2024. -
13 Aug 25
Norway announces launch of the 26th Licensing Round
Norway's Ministry of Energy has initiated the process for announcing the 26th licensing round on the Norwegian shelf. New discoveries of oil and gas are crucial to limit the decline in production on the Norwegian continental shelf in the coming years. -
13 Aug 25
Lime Petroleum provides updates on its portfolio in Benin, Norway and Germany
Lime Petroleum has announced progress updates on its portfolio in Benin, Norway and Germany. The Company is looking forward to achieving first oil in Benin, has seen a surge in production at Brage and the prospect of Bestla coming onstream in Norway, and anticipates the prospect of executing on its plans to increase production in Schwarzbach/Erfelden in Germany -
13 Aug 25
Australia: Kent strengthens its decommissioning portfolio with new Commonwealth Government of Australia contract
Kent, a global leader in integrated energy services, has been awarded a new technical advisory services contract by the Australian Government to support the permanent plugging and abandonment of the Laminaria-Corallina oil fields in the Timor Sea. -
13 Aug 25
Vestas appoints Felix Henseler to succeed Anders Nielsen as Chief Technology and Operations Officer
Vestas has announced that Felix Henseler will succeed Anders Nielsen as Chief Technology and Operations Officer (CTOO) on 1 September 2025. -
13 Aug 25
Peru: IFC grants sustainability-linked loan to ENGIE Energía Perú
The International Finance Corporation (IFC), a member of the World Bank Group, has granted a corporate loan of up to US$600 million to ENGIE Energía Perú, one of the country’s leading power generation companies. The financing aims to support the development of renewable energy projects and accelerate the transition toward a low-carbon economy. -
13 Aug 25
Meren Energy announces Q2 2025 results
Meren Energy, a leading independent, full-cycle E&P with production and development assets in deepwater Nigeria, a leading carried position in the Orange Basin across Namibia and South Africa, and operated licences in Equatorial Guinea, has published its financial and operating results for the three and six months ended June 30, 2025. -
13 Aug 25
Sunda Energy provides business update
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has provided updates on its existing business and new venture activities. -
13 Aug 25
Jamaica: United Oil & Gas announces Walton Morant Licence technical planning update
AIM-listed United Oil & Gas has provided an update on planning activities for the technical programme at its 100%-owned Walton Morant Licence, offshore Jamaica. Engagement from prospective partners remains active. -
13 Aug 25
Guyana: AquaTerra Group expands global reach with new office in Guyana
AquaTerra Group has announced the establishment of AquaTerra Marine Inc in Guyana, marking a significant step in the company’s strategic growth. AquaTerra has successfully executed several projects in the region since incorporation in 2024 and also holds Guyanese Local Content Compliance. -
13 Aug 25
US: Interior raises Gulf of America revenue-sharing cap for coastal states
As part of the One Big Beautiful Bill, the Department of the Interior has announced the annual revenue-sharing cap for Gulf of America Outer Continental Shelf energy revenues will rise from $500 million to $650 million beginning in fiscal year 2025 and continuing through 2034. -
12 Aug 25
UK: DNV inspection to provide quality assurance for two of UK’s first carbon capture and storage (CCS) projects
DNV Inspection has been selected to support two of the UK’s first carbon capture and storage (CCS) projects. DNV will deliver site inspection, quality assurance and quality control services for Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP), both of which are based in the North East of England. -
12 Aug 25
US: EIA expects the price of crude oil to fall to below $60 per barrel by the end of the year
EIA expects the price of crude oil to fall to below $60 per barrel by the end of the year and average near $50 per barrel through 2026.
