Eni, the Italian energy giant, has officially approved a $7.2 billion investment to build a new floating liquefied natural gas (LNG) export plant—Coral Norte—in Mozambique. This landmark decision not only doubles Mozambique’s LNG export capacity […]
New Zealand has reopened for oil and gas exploration, ready to receive applications for exploration projects after a seven-year pause, following the lifting of a ban on such activity installed by the previous government. The […]
Global oil and gas majors are increasingly focusing on frontier regions and technically challenging areas to find new conventional oil and gas, driven by shrinking reserves and rising demand. Companies like ExxonMobil, TotalEnergies, Chevron, BP, […]
Under the Labour government, North Sea operations face a barrage of measures that critics argue are deliberately stifling investment and production. A 78% tax rate on offshore profits, including a prolonged windfall tax introduced in […]
Woodside welcomed the Australian government’s final decision to grant environmental approval for the NWS project extension in a statement on Friday. The Australian government has been considering a proposal to extend the operating life of […]
In a bold escalation of its campaign against Russian energy infrastructure, Ukraine’s Security Service (SBU) claimed responsibility for a drone strike on the Port of Primorsk, Russia’s premier oil-loading terminal on the Baltic Sea. This […]
Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced […]
Weekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes […]
In a bold move that has heightened geopolitical tensions in the South China Sea, China has been accused of installing oil drilling platforms and vessels within Taiwan’s exclusive economic zone (EEZ), marking a new phase […]
Danish offshore wind developer Ørsted won shareholder approval Friday for a $9.4-billion emergency rights issue, shoring up its balance sheet as U.S. projects face mounting political and operational setbacks. The move follows weeks of uncertainty […]
Copyright © 2026 | Sandstone Group