Industrial Highlights | Kazakhstan Eyes Nuclear Power to Address Growing Energy Deficit
Mar,06 2025
Kazakhstan, the world’s largest uranium producer, is considering nuclear power as a long-term solution to its increasing energy deficit. As electricity demand rises due to industrial growth and economic expansion, the country is exploring nuclear energy to ensure a stable and sustainable power supply.
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Industrial Highlights | Shell Projects 60% Growth in Global LNG Demand by 2040
Mar,06 2025
Shell, a leading global energy company, forecasts that global demand for liquefied natural gas (LNG) will surge by 60% by 2040, with Asia playing a dominant role in this expansion. As economies transition toward cleaner energy sources, LNG is expected to play a crucial part in meeting the growing demand for reliable and lower-carbon energy solutions.
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Industrial Highlights | HPCL Announces ₹1.3 Lakh Crore Investment to Expand Refining and Renewable Energy Portfolio
Mar,05 2025
Hindustan Petroleum Corporation Limited (HPCL), a leading Indian oil and gas company, has unveiled plans to invest ₹1.3 lakh crore in expanding its refining capacity and strengthening its presence in the renewable energy sector.
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Industrial Highlights | ADNOC Gas Secures $2.1 Billion Contract for Infrastructure Expansion
Mar,04 2025
ADNOC Gas, a key subsidiary of Abu Dhabi National Oil Company (ADNOC), has announced a significant $2.1 billion contract aimed at enhancing its natural gas infrastructure.
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Industrial Highlights | Vermilion Completes Acquisition of Westbrick
Mar,04 2025
Vermilion Energy Inc. has finalized its acquisition of Westbrick Energy Ltd. for a total consideration of $746 million USD ($1.075 billion CAD).
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Industrial Highlights | BP Shifts Strategic Focus Back to Oil and Gas
Mar,04 2025
BP has announced a strategic pivot, increasing its investment in oil and gas operations to approximately $10 billion annually, while reducing its commitment to renewable energy projects.
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Industrial Highlights | Eni and Petronas will establish a New Joint Venture
Mar,04 2025
Eni and Petronas have signed a memorandum of understanding to establish a joint venture overseeing selected upstream assets in Indonesia and Malaysia.
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Industrial Highlights | Iraq and BP Finalize Deal to Expand Oil Production in Kirkuk
Mar,04 2025
Iraq and BP have reached a significant agreement to develop multiple oil fields in Kirkuk province, aiming to boost production capacity and modernize the region’s energy infrastructure.
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Industrial Highlights | Middle East: A Key Player in the Global Oil & Gas Market
Mar,04 2025
The Middle East holds a pivotal position in the global oil and gas industry.
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Industrial Highlights | Possible New Refinery & Petrochemical Plant Construction between Guyana and Dominican Republic
Mar,04 2025
Guyana and the Dominican Republic are advancing collaborative efforts in offshore oil and gas exploration, alongside plans to construct a petrochemical plant and potentially a refinery in Guyana.
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