XRG has secured a 38% stake in Turkmenistans gas-rich Block 1 through a production-sharing contract, marking its second major hydrocarbon deal since launching in late 2024. The move strengthens XRGs position in key gas supply chains amid rising global demand.
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Scotlands economy is set for a 100 billion transformation through renewable energy and infrastructure projects, potentially creating 34,000 jobs by 2040, with the Highlands and Islands poised to benefit most. The boom spans wind, hydrogen, and marine energy, alongside upgrades to ports and digital infrastructure, but housing and workforce challenges remain key hurdles.
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Atargis Energys Cycloidal Wave Energy Converter (CycWEC) has achieved a breakthrough with a 1:15-scale prototype delivering 150 W, hinting at a full-scale output of 1.96 MWthe highest ever claimed for wave energy. The system uses lift-based hydrofoils and a real-time algorithm to maximize efficiency while avoiding storm damage, potentially revolutionizing wave energy.
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Saudi Aramco has signed $90 billion in agreements with U.S. firms across LNG, AI, and finance, signaling a major shift beyond oil into tech and lower-carbon energy solutions. The deals highlight Aramco’s strategy to diversify its portfolio while American companies reap the benefits.
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Dredging vessels account for 20% of the Dutch Ministry of Infrastructure and Waterways CO2 emissions, but the worlds first liquid hydrogen-powered dredger, the LEAF-Hopper, aims to turn these polluters into climate pioneers. With operational costs still higher than diesel, the success of this experiment hinges on both technical feasibility and political will.
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