World

Chiyoda, NYK and KNCC sign agreement to advance global CCS projects, with a focus on CO₂ transport and value chain development.

Disruptions in the Strait of Hormuz are threatening global oil and LNG supply, raising the risk of a prolonged market shock and infrastructure damage.

Energy executives warn the Iran conflict is causing lasting damage to global oil supply chains, even as officials attempt to stabilize markets.

Kuwait’s oil chief warns Iran’s actions are disrupting global energy flows and pushing markets to the brink, with no viable substitute for Strait of Hormuz exports.

Carbon capture developers are shifting focus from new capture technologies to system integration, cost reduction and modular design, panelists said at CERAWeek.

Shell forecasts global LNG demand will rise at least 54% by 2040 as Asia drives growth in gas consumption, reinforcing expectations for expanding LNG supply and infrastructure.

API has released a new recommended practice outlining safety and operational guidance for transporting carbon dioxide by pipeline as CO₂ infrastructure continues to expand.

Global natural gas markets are on the verge of a major transformation, with unprecedented LNG capacity growth projected through the end of the decade, according to the International Energy Agency’s new Gas 2025 outlook released Monday.

Major infrastructure projects are moving forward across the globe, including Williams’ proposed Wild Trail gas expansion in Utah, CB&I’s crude storage tanks for Argentina’s Vaca Muerta terminal, BKV’s East Texas CCS facility, and Sumitomo’s backing of a U.K. CO₂ pipeline. Kinder Morgan also advanced its $1.7 billion Mississippi-to-Alabama gas pipeline into federal review.

Shell CEO Wael Sawan says LNG will be the company’s biggest growth driver over the next decade, with demand expected to climb 60% by 2040 and key projects underway in Canada, Abu Dhabi and Nigeria.

ExxonMobil will cut 2,000 jobs worldwide as part of a global restructuring, adding to widespread oil and gas sector layoffs amid weaker prices and industry consolidation.

A new pipeline system, MASiP, uses embedded fiber-optic technology to deliver real-time monitoring of pressure, stress, strain, and vibration. The innovation enables smarter pig tracking, reduces stuck pig risks, and could significantly cut costs and downtime for pipeline operators.

The report highlights steady U.S. shale output, rising production from Brazil and Guyana, and LNG demand growth to 900 Bcm by 2035, led by U.S. and Middle East exports.

EUROPIPE expert Christoph Bosch outlines a new toughness model using drop-weight tear testing to improve safety in CO₂ pipelines, addressing limits of traditional Charpy impact tests.

Generative AI is reshaping geospatial technology, giving energy companies powerful new tools to detect pipeline leaks, methane emissions, and right-of-way risks. AI-driven satellite imagery analysis is helping operators cut costs, improve safety, and reduce environmental risks.