World

MidOcean Energy secured a $120 million investment from The Arab Energy Fund as the EIG-backed company continues expanding its global LNG portfolio and capital raise efforts.

Emerson introduced the AspenTech AVA industrial AI platform, designed to help industrial operators improve reliability, optimize workflows and accelerate operational decision-making.

ADNOC launches a major industrial program aimed at boosting local manufacturing and strengthening supply chains, with billions in project spending tied to domestic sourcing and long-term demand commitments.

Lloyd’s Register and Pusan National University are developing a global certification framework for liquid hydrogen transport systems, targeting safer storage, pipelines and maritime infrastructure.

The Iran war has removed more than 500 million barrels of oil from global supply, disrupting flows and delaying recovery across key energy infrastructure.

Chiyoda, NYK and KNCC sign agreement to advance global CCS projects, with a focus on CO₂ transport and value chain development.

Disruptions in the Strait of Hormuz are threatening global oil and LNG supply, raising the risk of a prolonged market shock and infrastructure damage.

Energy executives warn the Iran conflict is causing lasting damage to global oil supply chains, even as officials attempt to stabilize markets.

Kuwait’s oil chief warns Iran’s actions are disrupting global energy flows and pushing markets to the brink, with no viable substitute for Strait of Hormuz exports.

Carbon capture developers are shifting focus from new capture technologies to system integration, cost reduction and modular design, panelists said at CERAWeek.

Shell forecasts global LNG demand will rise at least 54% by 2040 as Asia drives growth in gas consumption, reinforcing expectations for expanding LNG supply and infrastructure.

API has released a new recommended practice outlining safety and operational guidance for transporting carbon dioxide by pipeline as CO₂ infrastructure continues to expand.

Global natural gas markets are on the verge of a major transformation, with unprecedented LNG capacity growth projected through the end of the decade, according to the International Energy Agency’s new Gas 2025 outlook released Monday.

Major infrastructure projects are moving forward across the globe, including Williams’ proposed Wild Trail gas expansion in Utah, CB&I’s crude storage tanks for Argentina’s Vaca Muerta terminal, BKV’s East Texas CCS facility, and Sumitomo’s backing of a U.K. CO₂ pipeline. Kinder Morgan also advanced its $1.7 billion Mississippi-to-Alabama gas pipeline into federal review.

Shell CEO Wael Sawan says LNG will be the company’s biggest growth driver over the next decade, with demand expected to climb 60% by 2040 and key projects underway in Canada, Abu Dhabi and Nigeria.