Caucasus Offshore Oil Newswire

Go-ahead for life extension of Woodside’s huge offshore gas project to 2070

Australian energy giant Woodside Energy has welcomed the federal government’s proposed decision to grant environmental approval for the extension of its mega gas project off the coast of Australia. This prolongs the project’s lifetime from 2030 to 2070. …

Fire on offshore oil platform at Vietnamese decommissioning project

Newscast: Interior Department Considers Offshore Drilling Leases Along Mendocino Coast

For the first time, offshore oil drilling could be coming to the Mendocino Coast. The U.S. Department of the Interior has issued a request for information as part of a new five-year offshore oil and gas leasing program — a move that could include areas …

Offshore oil production reaches new heights

The United States is on track to significantly increase offshore oil production, largely driven by a flurry of deepwater developments in the Gulf of Mexico. As global energy markets respond to shifting geopolitical dynamics and economic demand, the Gulf is …

TotalEnergies to launch offshore drilling in SA by 2026

GARIKAI MAFIRAKUREVA CAPE TOWN – French energy giant TotalEnergies is set to begin offshore drilling in South African waters in 2026, a move that marks a significant turning point for the country’s long-stalled upstream oil and gas sector. The development …

U.S. Offshore Oil Production Set To Jump

U.S. energy executives are forecasting a significant increase in offshore oil production under a potential second Trump administration, attributing this to streamlined permitting processes, sustained investments, and technological advancements. The Gulf of …

Shell Nigeria Exploration and Production Company urges Nigerian firms to tap growth potential in offshore oil projects

 Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has said that Nigerian companies stand to benefit significantly from its offshore and shallow water operations, if they take fuller advantage of the opportunities available. The Managing …

BPMB, EXIM Bank provide joint financing for offshore oil and gas milestone

KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) and Export-Import Bank of Malaysia Bhd (Exim Bank), both part of the BPMB group, today formalised a milestone financing deal with Duta Marine Sdn Bhd for the FSO Permata Dulang Project.  In a joint …

Exchange Traded Concepts to Close and Liquidate Range Global Offshore Oil Services Index ETF (NYSE: OFOS)

OKLAHOMA CITY, May 23, 2025 /PRNewswire/ -- After careful consideration, Exchange Traded Concepts, LLC, the Fund's investment adviser has recommended, and the Board of Trustees of Exchange Traded Concepts Trust has approved, the termination and …

Well Intervention Market Growth, Trends & Opportunities 2025 | DataM Intelligence

The Well Intervention Market is expected to grow at a CAGR of 5.1% during the forecast period 2024-2031. AUSTIN, TX, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Market Overview: Well Intervention Market refers to a variety of services …

Environment minister Murray Watt approves 4.3 billion tonnes of carbon emissions

The new environment minister has wasted no time getting stuck into one of his portfolio’s most controversial tasks, approving a massive gas project extension. Zacharias Szumer reports. It didn’t take long, the Albanese government’s fossil fuel approval …

The Independent’s Ian Katusiime bags national political reporting award

18 category winners at the Uganda Journalism Awards 2025 Kampala, Uganda | THE INDEPENDENT & ACME MEDIA  | The Independent’s Ian Katusiime has bagged the Political Reporting award at the 11th edition of the Uganda National Journalism Awards. Katusiime’ …

Olabode Sowunmi: Strategic Patience and Strong Institutions Key To Nigeria’s Energy Future

Consultant to the Senate Committee on Gas, Olabode Sowunmi, has said that Nigeria’s energy sector can only achieve sustainable growth through strategic patience, robust investment, and the strengthening of independent regulatory institutions. Speaking in …

Damas predicted to hit crest then slide

DUBAI // This morning's trading debut by the UAE jewellery retailer, Damas International, is not expected to gain the long-term attention of investors, with analysts forecasting a short positive performance followed by a dip in price. A lack of …

Suriname forms new coalition

President Chan Santokhi of Suriname speaks during the high level sessions at day 9 as part of the ‘COP16:Peace With Nature’ at Valle Del Pacífico Event Center on Oct. 29, 2024 in Cali, Colombia. Photo by Gabriel Aponte/Getty Images Six of the seven …

HE DIDN'T KNOW: Energy Advocacy Group Says There's NO EVIDENCE Biden Knew of Green EO's His Admin Issued

This will be the least surprising story you'll read today. It's very clear that Joe Biden was largely unaware of what happened during his administration.  A few days ago, Axios writer Alex Thompson admitted a 'politburo' was running the …

Heritage finds oil on land

Her­itage Pe­tro­le­um has an­nounced that it has suc­cess­ful­ly spud Well FR1831, lo­cat­ed in For­est Re­serve. A news re­lease post­ed on the En­er­gy Cham­ber’s web­site yes­ter­day not­ed that ac­cord­ing to a state­ment from the com­pa­ny, the new …

A new coalition challenges Suriname’s president after a close election

PARAMARIBO, Suriname (AP) — Suriname could soon have its first female president after a party led by a medical doctor formed a coalition aimed at ousting the South American country’s current leader following a weekend election with no clear winner. Dr. …

World News | New Coalition Challenges Suriname's President After Close Election

Paramaribo (Suriname), May 28 (AP) Suriname could soon have its first female president after a party led by a medical doctor formed a coalition aimed at ousting the South American country's current leader following a weekend election with no clear …

Southern Quality Propane Expands Scholarship Program to $25,000 in Awards

Southern Quality Propane (SQP) is proud to announce a major expansion of its Sam Gentry Southern Quality Propane Scholarship program. THOMASVILLE, GA, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Southern Quality Propane (SQP) is proud to …

Bitcoin Illuminated Closes Bitcoin 2025 With Cinematic Experience and Global Incubator Launch

Bitcoin Illuminated brings together sovereign leaders, investors, and founders for a cinematic, high-trust experience and the launch of a global incubator. LAS VEGAS, NV, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Bitcoin Illuminated, the …

Biomass Magazine Announces 2026 International Biomass Conference & Expo in Nashville

Call for speaker abstracts now open for premier bioenergy event, set for March 31-April 2 at the Gaylord Opryland Resort NASHVILLE, TN, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Biomass Magazine has announced the dates for the 19th …

Carbon Based Battery Startup SorbiForce Closes $1.4M Seed Round with Oversubscription, Prepares for Market Execution

SorbiForce, the highly anticipated sustainable battery innovation, successfully closed its seed round and prepares to meet market demand and pilot deployment. PHOENIX , AZ, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- SorbiForce, a U.S.- …

Sparta Unveils Sparta Curves: The future of real-time pricing for the oil market

GENEVA, FOREIGN, SWITZERLAND, May 28, 2025 /⁨EINPresswire.com⁩/ -- Sparta, a leader in AI-driven market intelligence for global oil traders, announces the launch of Sparta Curves, an advanced pricing and analytics platform designed to provide …

Repurposed EV batteries deliver high-capacity energy storage: Allye Energy launches MegaMAX to bolster grid resilience

Mitigate blackouts with flexible, economical and robust energy storage solutions LONDON, UNITED KINGDOM, May 28, 2025 /⁨EINPresswire.com⁩/ -- • Mitigate blackouts with flexible, economical and robust energy storage solutions • Allye Energy’s new …

Building Energy Management Systems Market to Reach $156.7Bn by 2031, Growing at 17.2% CAGR | DataM Intelligence

BEMS market to grow from $51.6 billion in 2024 to $156.7 billion by 2031, driven by smart tech and global energy efficiency demands. NEW YORK, NY, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Market Overview As sustainability and energy …

Well Intervention Market Growth, Trends & Opportunities 2025 | DataM Intelligence

The Well Intervention Market is expected to grow at a CAGR of 5.1% during the forecast period 2024-2031. AUSTIN, TX, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Market Overview: Well Intervention Market refers to a variety of services …

Hydrogen Electrolyzers to Hit $12.74B by 2031, Powering Green Energy & Industrial Decarbonization | DataM Intelligence

Hydrogen electrolyzers enable green hydrogen production, driving clean energy growth with global investments, innovation, and policy support. AUSTIN, TX, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- The Hydrogen Electrolyzers Market was …

Climate Adaptation Market To Reach USD 42.5 Billion by 2032, to grow at a CAGR of 7.23% from 2025 to 2032

Climate Adaptation Market was estimated at USD 24.30 billion in 2024 and to grow at a CAGR of 7.23% from 2025 to 2032, reaching nearly USD 42.5 Billion by 2032. MIAMI, FL, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Stellar Market Research …

In-Depth Analysis Of The Global Quad Flat Package Market: Key Drivers, Trends, Opportunities, And Forecast 2025-2034

The Business Research Company’s Quad Flat Package Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 28, 2025 /⁨EINPresswire.com⁩/ -- What Is The Projected Market Size Of The Quad …

ATMOS Global Launches QuantumPrinciple Executive Advisors: a Pioneering Executive Search Firm for CEOs & Board Directors

ATMOS Global™ 's "QuantumPrinciple Executive Advisors™ " delivers innovative, data-driven solutions for board and CEO recruitment in a changing world. MELBOURNE, VICTORIA, AUSTRALIA, May 28, 2025 /⁨EINPresswire.com⁩/ -- ATMOS Global Pty Ltd …

Global Quantum Sensors Market Forecast 2025-2034: Analyzing Growth Drivers, Market Share, Segments, And Emerging Trends

The Business Research Company’s Quantum Sensors Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 28, 2025 /⁨EINPresswire.com⁩/ -- What Does The Quantum Sensors Market Landscape …

Intertec Systems Leads Strategic AI Dialogue with UAE Public Sector Leaders at GovAI Transformation 2025

Public sector decision-makers in the UAE converged to decode AI strategy, ecosystem innovation, and use cases to accelerate AI adoption in public services. DUBAI, UNITED ARAB EMIRATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Intertec Systems, in …

Infinidium Power Corp Launches INFIN Compute Credit Coin: The New Standard in Sustainable AI Infrastructure

AI compute at $2/hour on H200 GPUs-Infinidium launches the INFIN token, enabling global infrastructure access with clean, self-powered technology. Infinidium (Infin/USDC:INFIN) CALGARY, ALBERTA, CANADA, May 28, 2025 /⁨EINPresswire.com⁩/ …

ZIMEC 2026: The Zambia International Mining and Energy Conference Returns for its 13th Edition from 25 to 26 March 2026

The ZIMEC 2026 returns to Zambia’s Copperbelt on 25–26 March at Garden Court Hotel, Kitwe, for its 13th edition in the heart of the mining region. KITWE, COPPERBELT PROVINCE, ZAMBIA, May 28, 2025 /⁨EINPresswire.com⁩/ -- The annual Zambia …

Texas Industry Is Booming—But Its Emissions Crisis Is Catching Up

With enforcement accelerating and industrial growth outpacing infrastructure, Texas manufacturers face a make-or-break moment. DALLAS, TX, UNITED STATES, May 28, 2025 /⁨EINPresswire.com⁩/ -- Texas is building an empire—but one that’s now under inspection. …

Clear Blue Technologies Announces Q1 2025 Financial Results

TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ Company, announces its financial results for the first quarter of 2025 (“Q1 2024”) ending March 31, 2025. A complete set …

Houston American Energy Corp. Announces 1-for-10 Reverse Stock Split

HOUSTON, TX, May 28, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “Company”) announced today that its Board of Directors approved a reverse stock split of the Company’s common stock at a ratio of 1-for-10. The …

Capital Power Announces Closing of US$1.2 Billion of Senior Notes

EDMONTON, Alberta, May 28, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today the closing of a private offering of US$700 million aggregate principal amount of 5.257% senior notes due 2028 (the …