Finance

Ernesto Kesar, Trinidad and Tobago Energy Minister. (Image credit: Energy Capital & Power)

Caribbean Doubles Down on Oil Push as Leaders Back Balanced Energy Strategy

Caribbean leaders are accelerating oil and gas development even as they advance renewable energy initiatives, arguing that rising global demand requires a pragmatic, dual-track approach. ...

Paul Watzlavick, Chargé d’Affaires at the US Embassy in Paramaribo.

US Pushes Energy Partnership in Caribbean, Eyes Suriname’s Growing Oil Sector

The United States is stepping up its push for deeper energy and infrastructure partnerships in the Caribbean, with a focus on Suriname’s emerging oil and ...

US Energy Production

Interior Highlights Record US Energy Production Under President Trump’s American Energy Dominance Agenda

The Department of the Interior is announcing that US energy production reached record levels in 2025, with offshore oil production totaling over 714 million barrels, ...

Saronic Stats

Saronic Closes $1.75B Series D at $9.25B Valuation to Accelerate a New Era of Maritime Autonomy

Saronic Technologies today announced it has closed $1.75 billion in Series D funding to advance its mission of ensuring maritime superiority for the US and ...

Lime Rock Partners Announces Leadership Transition

Lime Rock Partners, private equity investors in upstream oil and gas companies, announces the recent promotion of Jeffrey Scofield to President. Mr. Scofield formerly held ...

Atlantic Energy Alliance to Ignite Brazil Africa Offshore Collaboration at AEW 2026

Cross Atlantic energy partnerships are materializing into strategic ventures that could reshape offshore development across the South Atlantic Basin. At the heart of this momentum ...

Azule Energy Sign Agreement for Sale of Interests in Blocks 14 and 14k Offshore Angola

Azule Energy has announced the signing of a Sale and Purchase Agreement (“SPA”) with Etu Energias Block 14 B.V. (“Etu Energias”) for the sale of ...

Sierra Leone Set to Showcase Offshore Ambitions

The Petroleum Directorate of Sierra Leone (PDSL) has joined African Energy Week (AEW) 2026 – scheduled to take place in Cape Town from October 12–16 ...

Infrastructure Momentum Redefines East African Energy Corridor Ahead of AEW 2026

East Africa is emerging as a strategic energy corridor, with several large-scale infrastructure projects underway. Tanzania is pursuing a binding agreement for its long-delayed LNG ...

Zephyr Marine Services Launch Signals New Era for Namibian Oil Services

Namibia’s rapidly expanding offshore energy sector has gained a critical new enabler with the launch of Zephyr Marine Services Pty Ltd – a locally owned ...

TotalEnergies Agrees to End US Offshore Wind Development, Reinvest in US LNG Production

The Department of the Interior has announced a landmark agreement with TotalEnergies for the company to redirect capital from expensive, unreliable offshore wind leases toward ...

Kraken Robotics Inks $24 Million in Defense Orders

Kraken Robotics Inc. announces approximately $24 million in new orders to over 10 customers across five countries, including three new defense customers. The orders are ...

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