Abu Dhabi’s national oil company, ADNOC, keeps making headlines again, not only when looking at upstream but also in its LNG strategic operations. At present, the oil and gas giant’s quiet acceleration in LNG shipping is often treated as merely a capacity add. Mainstream media is focusing on factors such as increased hulls, greater flexibility, and improved service for export projects. This focus is, however, too narrow, as the UAE’s national champion is not simply expanding its fleet. ADNOC is clearly establishing the physical…

Canada-based Ensign Energy Services has been working in Venezuela for 25 years and has never left the country, where rig counts have plummeted, and the political and regulatory landscape has been a minefield to navigate. “We’re the only Canadian company — the only oilfield service drilling company — operating in Venezuela,” Bob Geddes, Ensign Energy Services’ president and chief operating officer, told the Financial Post in an interview. “We’ve stuck through Venezuela, thick and thin, and here we…

The runaway energy demands of the artificial intelligence boom are pushing a new wave of innovative next-gen energy ambitions. Big Tech is pouring money into fast-tracking the development of futuristic energy alternatives like enhanced geothermal and nuclear fusion in an attempt to stay one step ahead of the energy monster the sector is creating.  Large language models are already consuming about 1.5 percent of the world’s energy, according to figures from the International Energy Agency. And as AI models become more advanced, they will…

British aviation company Rolls-Royce has big plans for nuclear power, as well as other major energy projects, having been selected as the United Kingdom’s preferred bidder to build the country’s first small modular reactors (SMRs) last year. The company is expected to fast-track the development of the U.K.’s first SMRs, as well as explore other innovative fields, such as producing power from space. In June, the U.K. government announced that Rolls-Royce SMR had been selected as the preferred bidder to partner with Great British…