Googles I/O 2025 conference showcased a flood of AI updates, from smarter tools in Search and Gmail to Veo 3s advanced video generation, while raising concerns about privacy and misinformation risks. Android 16 teased new features like live weather wallpapers and a desktop mode, but Googles branding chaos and data access policies left developers and users questioning the direction.
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ADNOC is expanding the Upper Zakum oil field using AI and clean energy to boost production while reducing emissions intensity, reflecting a broader industry shift toward greener fossil fuel extraction. The project aims to add over 500,000 barrels per day through AI-driven operations and grid power, balancing growth with sustainability goals.
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Akastor’s $25M sale of the Skandi Peregrino offshore vessel collapsed after the charterer refused to transfer the contract, highlighting the risks in offshore sector deals. The cancellation disrupts Akastor’s asset monetization plans and leaves the buyer searching in a competitive market.
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Coro Energy sells its 15% stake in the Duyung PSC to Conrad Asia Energy for $1.25 million in shares, resolving unpaid cash calls and consolidating Conrad’s control of the Mako field, now tied to Indonesia’s domestic gas market. The deal aligns with Indonesia’s push for domestic gas utilization, with final approval expected by late 2024.
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CMA CGM has launched the CMA CGM Argon, a 13,000 TEU methanol-powered container ship, marking a major step in green shipping with significant emissions reductions. This vessel is part of a $2 billion fleet aimed at scaling decarbonization in global freight.
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