Rig

Egypt

BP and ADNOC’s JV ready to kick off Mediterranean gas hunt with Valaris rig

Arcius Energy, an affiliate of the UK-headquartered BP and the UAE’s ADNOC, has set the stage to embark on a multi-well drilling campaign off the coast of Egyp…

Oil&Gas Drilling

Equinor makes Arctic Norway oil discovery

Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.The discovery was made in the Polynya Tubåen prospect (722…

South Korea considers importing Russian oil

The South Korean government is pursuing the reintroduction of Russian crude oil imports, suspended since 2022, as the prolonged closure of the Strait of Hormuz …

Origis powers up 150-MW Wheatland Solar facility in Indiana

US renewables developer Origis Energy said on Tuesday its 150-MWac/210-MWdc Wheatland Solar plant in Indiana has entered commercial operation, supplying electri…

A 1089 Inc. Collaborates with Price Forbes and Oka to Launch Innovative Carbon Asset Insurance Structure for the Market

A 1089 Inc., in collaboration with Price Forbes and Oka, The Carbon Insurance Company, has announced the launch of an insured carbon asset designed to provide i…

Amazon Expands Sustainability Exchange, Adds Low-Carbon Fuel and Refrigerant Destruction Credits

Amazon is expanding its Sustainability Exchange, offering businesses new tools to reduce emissions beyond their own operations, including low-carbon fuel embedd…

ConocoPhillips Considers Selling Permian Basin Assets Worth Approximately $2 Billion

ConocoPhillips is currently considering selling some of its assets in the Permian Basin to further streamline its investment portfolio. According to informed so…

Denmark Completes Construction of Nordics' Largest Integrated Solar and Battery Storage Park

European Energy recently announced that its Cotswolds Solar and Battery Storage Park in Denmark has been officially connected to the grid. This project combines…

Taean Coal Plant Closure Triggers Local Economic Backlash

The Taean Coal-Fired Power Plant Unit 1 in South Chungcheong Province, which has produced enough electricity to power 900,000 households for a year, ceased oper…

Oil&Gas Drilling

UAE Shipyard Welcomes Saudi Arabian Drilling Rig for Maintenance Operations

Abu Dhabi-headquartered Marine Oilfield Integrated Solutions has confirmed that a jack-up drilling rig owned by Saudi Arabia's Arabian Drilling has arrived …

Metal

Argentina’s Tax Break Program Approves $665M Gold Mine Project

Argentina's RIGI tax break scheme committee has approved a $665 million gold and silver mining project in the western San Juan province, Economy Minister Lu…

Germany

BASF to Divest Its Optical Brightening Agent Business to Catexel

BASF SE, headquartered in Ludwigshafen, Germany, has entered into an agreement with Catexel for the sale of its optical brightening agent business. These agents…

Methane

Spain’s Solarig to Invest Over $400 Million in Biomethane Plants in Poland

Spanish renewable energy developer Solarig announced on Monday a planned investment exceeding 1.5 billion zloty, equivalent to approximately 415 million U.S. do…

United States

Azul Wins Court Nod for Debt Restructuring, American and United to Invest

A U.S. bankruptcy judge approved the debt restructuring plan for Brazilian airline Azul on December 12, 2025, enabling the company to reduce more than $2 billio…

United States

Webuild’s Lane Completes $232M Bronx Bridge

A joint venture between SPC Construction and Lane Construction, the U.S. subsidiary of Italy's Webuild Group, has completed the new Unionport Bridge over We…