Egypt to add 2,500 MW of renewable energy to power grid before summer

8 January 2026
The Egyptian government announced plans to add 2,500 MW of new and renewable energy capacity to the national electricity grid before the coming summer.

Harbour to enter US Gulf with LLOG acquisition

8 January 2026
Harbour Energy has agreed to acquire LLOG Exploration from LLOG Holdings for $3.2bn, giving it a presence in the US Gulf of Mexico.

COMMENT: US control of Venezuelan oil can earn Indian refineries optimal margins

8 January 2026
Reliance's Jamnagar refining complex is a 1.4mn barrel per day facility incorporating proprietary cracking and coking capacity, and was architecturally engineered for Venezuelan heavy-sour crude processing

TechnipFMC wins contract for BP’s Tiber project in US Gulf

7 January 2026
TechnipFMC has been awarded an integrated engineering, procurement, construction and installation contract by BP for the offshore Tiber project in the US Gulf of Mexico.

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