The United States and French energy major TotalEnergies announced on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.
The United States will reimburse Total around $1 billion the company paid in lease purchases for offshore wind, and TotalEnergies has pledged not to develop any new offshore wind projects in the United States.
Africa Finance Corporation (AFC) is expanding its role in Angola's energy and infrastructure sectors.
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KBR announced it has been awarded the Project Management Consultant (PMC) contract by Power2X for its eFuels project in Rotterdam.
View ArticleWith Venezuela introducing sweeping reforms to its hydrocarbons sector and renewed international interest gathering pace, the Venezuela Energy Week London Industry Showcase will bring together policymakers, investors and industry leaders.
View ArticleCAMIMPEG has been confirmed as a National Sponsor of Venezuela Energy Week, taking place from October 26–29, 2026, in Caracas.
View ArticleThe oil market is shifting rapidly away from the simple question of whether the Strait of Hormuz reopens.
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