The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, state media reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday.Iran presented a proposal…
South Korea aims to reduce its reliance on crude oil from the Middle East to 50% by 2035, as Asia's fourth-biggest economy seeks to diversify energy supplies following the disruption caused by the Iran war, the Industry Ministry said on Wednesday…
McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for work related to increasing gas recovery and production from the Umm Shaif field.The contract, valued over $1 billion, is for Package…
For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…
The Mako gas project offshore Indonesia has moved further towards development after operator Conrad Asia Energy signed a binding contract with state-owned shipbuilder PT PAL Indonesia for a key piece of offshore infrastructure, project partner Empyrean Energy informed…
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