EIA: lower crude oil prices reduced US-Canada energy trade value in 2025
The value of energy trade between the US and Canada fell by 11% in 2025 to an estimated US$137 billion, according to data from the US Census Bureau, the US EIA has reported.
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Ebara Elliott Energy secures compressor order for Middle East gas infrastructure project
Ebara Elliott Energy has been awarded a landmark contract by Larsen & Toubro Ltd to supply advanced compressor technology for a mega-scale gas infrastructure development project in the Middle East.
Siemens launches SIMATIC AX WinCC Unified Elements
Siemens has announced the launch of SIMATIC AX WinCC Unified Elements, an IT-like engineering application for the SIMATIC WinCC Unified system.
Baker Hughes secures technology order for Venture Global’s CP2 LNG expansion
Baker Hughes has announced a major order from Venture Global LNG to provide a comprehensive liquefaction solution for its CP2 LNG expansion project in Louisiana, US.
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EIA: Energia Costa Azul ships first cargo
Energia Costa Azul, the second LNG export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on 8 July 2026, according to the project developer, the US EIA has reported.
HAMR Energy secures up to AUS$32 million in ARENA funding
HAMR Energy has secured up to AUS$32 million in conditional funding from the Australian Renewable Energy Agency to advance its landmark decarbonisation projects.
Wood Mackenzie: European gas storage at risk of being below 70% ahead of winter 2026/27
Recent Wood Mackenzie’s analysis warns that European gas storage at a historically low level, combined with renewed Strait of Hormuz disruption, has driven spot prices more than 50% above their June lows and placed winter 2026/27 supply security at risk.
Investment in DAPEK exceeds US$3 billion
The Eastern Mediterranean Petrochemical Industrial Zone and Port, developed by Rönesans Holding in Ceyhan, Adana, Türkiye, has entered a new phase of development driven by new investments, ongoing infrastructure works, and growing international investor interest.
GlobalData: Asia to spearhead global upcoming oil and gas projects outlook by 2030
Asia continues to account for a major share of the global project pipeline, supported by ongoing investments in petrochemical plants, conventional refinery, transmission pipelines, and oil storage projects, GlobalData has reported.
Wood Mackenzie: Saudi Arabia's Red Sea crude bypass peaks in March and declines 41% by June
Gulf crude exports fall 82% from January to June; Iraq, Kuwait and Qatar record zero exports as Strait of Hormuz remains severely constrained, Wood Mackenzie has reported.