Latest news and articles about energy investment from NEX English
Energy experts have called for a thorough audit of the electricity protection system in Sumatra following a power outage that lasted from May 22 to May 24, 2026. This audit is deemed essential to prevent future incidents.
PT PLN Energi Primer Indonesia (PLN EPI) forecasts a significant increase in gas demand for electricity generation in Indonesia, projected to rise by <strong>4.5%</strong> annually until <strong>2034</strong>. This surge is attributed to rising national electricity consumption and accelerated electrification efforts across various sectors.
Global oil prices are experiencing a significant decline, raising concerns among experts about the potential impacts on the world economy. Warnings indicate that this drop could be a trap concealing long-term negative repercussions.
ADNOC Drilling has completed a $204 million deal with Omani MB Oil Services, aimed at strengthening its presence in the Gulf region. This agreement is part of ADNOC's expansion strategy in the energy sector.
Commonwealth Virginia has announced that it is the first fusion energy company to apply for membership in the major U.S. power grid, PJM. The construction of the fusion power plant is expected to begin in 2027.
A leading company in deepwater drilling platforms in Brazil reports that the oil and gas industry in Latin America is set to witness a revival, as the region is less exposed to geopolitical risks compared to the Middle East.
Executives at the 'CERAWeek' energy conference in Houston reported that rising concerns about energy security may drive the acceleration of renewable energy development, surpassing climate change worries. This comes as oil and gas supplies face a new wave of uncertainty.
The Anaconda Investment Fund, specializing in the energy sector, has decided to disregard statements made by U.S. President Donald Trump regarding the war in Iran. This decision aims to avoid market confusion caused by conflicting signals.
Analysts at Morgan Stanley reveal that the European energy sector has the potential to enhance its performance compared to the broader market. This comes as investors begin to assess structural shifts in supply risks due to ongoing conflicts in the Middle East.
Rob Godette, the new CEO of NRG Energy, discussed the Iranian conflict's impact on the company's strategies and investor interests at the CERAWeek conference in Houston. He highlighted the rising demand for energy driven by data centers.
Total Energy has announced a deal with the Trump administration worth over $1 billion to cancel offshore wind energy projects, redirecting the funds to accelerate liquefied natural gas projects in the U.S.
The Egyptian Ministry of Petroleum announced the arrival of the drilling vessel 'Valaris DS-12' in Egyptian territorial waters, marking a new phase in gas well drilling activities in the Mediterranean. This initiative is part of a program to drill four new gas wells for two global companies.