The rehabilitation works transformed the facility into a modern childhood education centre, comprising 6 activity rooms, a dining hall, kitchen, administrative offices, sanitary facilities, recreational areas, and other support infrastructure. The centre is designed to provide a safe, inclusive, and stimulating environment for children with ages between 2 to 5 years.

The inauguration of these facilities reflects the shared commitment of Eni Rovuma Basin and the Area 4 Partners to strengthening access to quality education and create lasting value for communities through investments in social infrastructure and human development and reinforces the strong partnership with the Government of Mozambique in expanding access to quality education and creating long term benefits for future generations.

Area 4 is operated by Mozambique Rovuma Venture S.p.A. (MRV), a joint venture owned by Eni, ExxonMobil, and China National Petroleum Corporation (CNPC), which holds a 70% interest in the Area 4 Exploration and Production Concession Contract. The other partners are XRG, KOGAS, and ENH, each holding a 10% participation interest.

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The vessel is intended to be used for conversion into Golar’s fourth FLNG (“FLNG #4”) ordered on August 12, 2026. Grace Dahlia has an LNG storage capacity of 177,427cbm, providing FLNG #4 with approximately 20% larger storage capacity compared to the 3.5MTPA FLNG Esperanza currently under construction.

The larger storage capacity will provide prospective FLNG customers with additional offloading flexibility while retaining the benefits to Golar of a repeat MKII design. The FLNG #4 will be converted alongside FLNG Esperanza at CIMC Raffles’ Yantai shipyard in China. With redelivery scheduled for 2029, FLNG #4 represents the world’s earliest available FLNG capacity.

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“This collaboration brings SLB’s digital and subsurface expertise together with operator knowledge to help develop technologies for reservoir engineering and geoscience,” said Rakesh Jaggi, president of SLB’s digital business. “Chevron adds valuable experience and perspectives that will help strengthen how we address complex subsurface workflows and field development decisions.”

Chevron will contribute investment, intellectual property and technical expertise to the collaboration. The company will also bring industry-leading expertise in uncertainty analysis, optimization and field development planning, that will help shape the roadmap for scalable digital subsurface technologies.

As operators manage increasingly complex reservoirs and growing volumes of subsurface data, the collaboration, known as Arena, will focus on technologies that help improve decision-making across reservoir engineering and geoscience workflows.

By embedding TotalEnergies and Chevron subject matter experts within SLB technology centers, the collaboration will shorten traditional feedback loops between operators and product development teams, bringing operational perspectives directly into technology development. This model progresses the delivery of scalable, open and extensible digital technologies.

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Winter energy expenditures are expected to increase the most for homes that primarily use heating oil, which make up about 3% of U.S. households and are located mostly in the Northeast. EIA forecasts homes using heating oil will pay about 21% more for the fuel than last winter; some of the forecast 30% increase in heating oil prices is offset by milder Northeast weather.

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Shell is poised to reap major gains from its refining operations after the global surge in fuel prices dramatically ramped up the group’s profit margins.

Shell reportedly said on Wednesday it expects its indicative refining margin – the difference between the cost of crude oil and the market value of finished fuels like diesel and gasoline – to leap to $42 per barrel. The increase marks nearly double the $24 per barrel recorded in the previous quarter.

This tees the firm up for a bumper quarter in its products division, which focuses on turning raw crude oil into finished fuels such as gasoline, diesel, heating oil and jet fuel. Shell will release its full third-quarter results at the end of October.

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Equinor invites analysts with coverage of the company to provide estimates for the third quarter adjusted results.

The third quarter results will be presented 28 October 2026.

Every quarter ahead of the earnings announcement, Equinor collects earnings and production estimates from the equity analysts covering the company.

These numbers become a proxy for what the market expects in terms of Equinor’s results and are published as consensus one week prior to reporting day.

The invitation contains information on relevant factors for Equinor’s quarterly results as well as other information. Some of these items are preliminary.

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During the period from 28 September to 2 October 2026, Eni acquired on the Euronext Milan no. 4,137,494 shares (equal to 0.14% of the share capital), at a weighted average price per share equal to 24.1692 euro, for a total consideration of 99,999,941.18 euro, within the second tranche of the treasury shares program approved by the Shareholders’ Meeting on 6 May 2026, for the purpose of paying to the Shareholders an additional remuneration compared to the distribution of dividends, resolved by the same Shareholders’ Meeting.

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Ingka Group, the largest IKEA retailer, is taking the next step in developing the IKEA second-hand marketplace. IKEA will test integrating its Buyback service in Portugal and Spain, giving sellers the choice of receiving an offer directly from IKEA when they list an eligible product. At the same time, IKEA Family members in the UK and Ireland can now buy and sell pre-owned IKEA products directly with one another on the second-hand marketplace.

The next phase builds on more than two years of learning since the first marketplace tests began in Madrid and Oslo in June 2024.

Across the first six markets, the marketplace received 15 million visits and generated 95,700 listings up to 31 August 2026. It is also helping IKEA form new customer relationships, 25.5% of marketplace users are new or reactivated IKEA Family members.

Affordability remains at the heart of the marketplace. On average, pre-owned IKEA products listed on the platform can cost 60% less than their new IKEA equivalents, giving customers another way to furnish their homes within their budget.

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A ship is burning on the Black Sea near the Russian port city of Sochi, Russian independent media Novaya Gazeta Europe reported on Oct. 6, citing Russian Telegram channels.

The ship might have been attacked by naval drones, Novaya Gazeta Europe said, while Russian authorities have not commented on the incident. Meanwhile, fire and thick black smoke can be seen above the city in videos published on social media.

Russian Telegram channels said that the vessel in question might be the Liberia-flagged tanker Aframax Rea. The online marine traffic data provider MarineTraffic last located the ship 23 hours ago on the Black Sea near the border between Russia and Georgia, close to Nizhneimeretinskaya Bay.

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SLB’s engineering and manufacturing capabilities are helping customers meet growing demand for AI data center infrastructure, Amy Chua, senior vice president of Data Centers, told Jim Cramer on CNBC’s Mad Money.

Chua discussed how modular design helps accelerate delivery while maintaining quality and reliability, and how the proposed Kelvion acquisition would expand SLB’s offering with thermal management technologies.

The interview also highlighted SLB’s role in Meta’s data center project in Canada and its work with NVIDIA on modular infrastructure design.

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The inaugural edition of the report provides an overview of the prevailing perspectives on environmental and sustainable development issues that have taken centre stage in various multilateral fora over the past year. The report intends to create awareness, facilitate understanding on various prevailing views, and encourage convergence towards pragmatic, effective, inclusive and fair solutions.

The report underlines the fact that climate change and other environmental issues are impacted by activities that are essential to supporting human life and societal progress, and sustainability requires that environmental protection and human development are pursued in a mutually supportive manner. In line with OPEC’s forecast that global population is set to expand by about 1.4 billion people to 9.7 billion by 2050, with their activities likely resulting in a doubling in size of the global economy, the environmental impact of human activities is likely to increase.

The publication notes that recent assessments indicate that meaningful progress has been made towards reducing global emissions and advancing the global sustainable development agenda. It emphasizes that the global nature of the challenges associated with environmental protection and sustainable development underpin the need to tackle them through international cooperation, and with this to be grounded in energy realities. The report also highlights the engagement of OPEC and its Member Countries in this regard, predating the establishment of multilateral entities dedicated to these matters.

In his foreword, the OPEC Secretary General, HE Haitham Al Ghais, said: “…the unique circumstances of each country should determine its sustainable future energy pathway. Each country’s approach therefore needs to be understood, respected and supported, provided it contributes its fair share to addressing the respective global challenges.”

The publication will soon be available for download on the OPEC website.

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Sportwagenschmiede ’35 – driven by the love for sports cars: this is the headline under which Dr. Ing. h.c. F. Porsche AG presents its strategic realignment today at a Capital Markets Day held at the Weissach Development Centre. The overarching goal is to strengthen Porsche’s position as one of the most desirable sports car manufacturers. The basis for this is the brand’s unique positioning. With products that serve both the sporty luxury and the sporty high-end premium segment, the sports car manufacturer can achieve high returns in the top end of the automotive market while also benefiting from greater scale. In doing so, the company will continue to be guided by its ‘Value over Volume’ principle in the future. In combination with leaner, faster and more flexible organisation as well as more efficient processes, Porsche is aiming for a significantly lower break-even point, which is to be achieved at fewer than 200,000 units.

In the medium term, the company is aiming for a Group operating return on sales of 10 to 15 per cent and an Automotive net cash flow margin of 9 to 12 per cent. The long-term strategic target is 15 per cent Group operating return on sales and 12 per cent Automotive net cash flow margin.

“We are pursuing a clear plan with our strategy Sportwagenschmiede ’35. The ultimate goal is to further strengthen our unique sports car brand – across all model lines and with new, highly desirable models in particularly high-margin segments,” says Dr Michael Leiters, Chairman of the Executive Board of Porsche AG. “Our strategy will lay the groundwork to make Porsche significantly more efficient, productive and profitable in three phases. At the moment, the main focus is on reducing costs and making the company more financially robust. We have already achieved some important milestones.”

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TechnipFMC will design, engineer, and manufacture flexible flowlines for use across multiple pre-salt fields. The project will draw on local engineering, manufacturing, and supply chain capabilities, further strengthening Brazil’s offshore energy industry.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “This award highlights the confidence Petrobras continues to place in TechnipFMC’s execution capabilities. Our industry-leading flexible solutions and ongoing industrialization efforts enable us to deliver greater efficiency, consistency, and predictability as we support Petrobras’ offshore developments and help ensure project timing and performance.”

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The updated figures for Snøhvit Future have been reported to the Ministry of Energy in connection with the government’s proposed national budget for 2027.

In December 2025, Equinor announced an updated cost estimate for the project of just over NOK 20 billion in 2025 value. When the plan for development and operation (PDO) was submitted in 2022, the investment estimate was NOK 13.2 billion. Adjusted to today’s NOK value, this corresponds to NOK 15.2 billion.

“We take the cost development of Snøhvit Future seriously. The project is being carried out at an operating facility and is more complex than anticipated. It has also been affected by unforeseen issues and challenges,” says Trond Bokn, Equinor’s senior vice president for project development.

Equinor expects the work on Snøhvit Future to continue to be demanding. The project and the suppliers are implementing targeted measures, systematic risk management and close integration with the operating plant.

The project serves two purposes. Onshore compression will help maintain plateau production at Hammerfest LNG when reservoir pressure declines. Electrification of Hammerfest LNG will cut annual CO₂ emissions by 850,000 tonnes, equivalent to two per cent of Norway’s annual emissions.

Snøhvit Future is about 60 per cent complete.

Snøhvit partnership: Equinor Energy AS 36.79%, Petoro AS 30%, TotalEnergies EP Norge AS 18.4%, Vår Energi ASA 12%, Harbour Energy Norge AS 2.81%

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The figure is a lower bound. The researchers counted a system only once they could confidently link it to a specific solar park or wind farm. Many more systems share the same characteristics but have not yet been attributed. The research counts systems, not turbines or panels: some of the systems found control several turbines or an entire wind farm.

Key findings

• Solar: 7,942 exposed systems in 34 countries. Spain alone accounts for 2,766 (35%). Together with Greece, Italy and Germany, the top four countries account for 76% of the total.
• Wind: 605 exposed systems in 23 countries. Germany (212) and Italy (192) together account for 67%.
• The Netherlands: 132 exposed systems in solar and 9 in wind.
• What exposure looks like: the web interface of a single wind turbine showing live production data, Start, Stop and Reset controls, and the turbine’s location on a map; and login pages that name the wind park they protect, one of them noting that the default username is “root”.

Physically robust, digitally exposed

Wind farms and solar parks are Europe’s most dispersed energy assets and, physically, its hardest targets. Online, the picture is different. To identify the systems, the researchers used machine-learning clustering in Modat Magnify, which automatically groups similar systems online and surfaced device types for which no rules had been written. Attackers can use the same speed. The findings come weeks after the joint statement of September 2026 by the Dutch intelligence and security services, NCSC, NCTV, the Government CIO, the Public Prosecution Service and the police, which warned that AI is accelerating the threat.

Renewables generated 54% of the EU’s electricity in the second quarter of 2026, according to Eurostat. Solar (42%) and wind (28%) accounted for the largest share of renewable generation.

“Physically, wind and sun are the most robust parts of our energy supply. Digitally, they are fragmented, often exposed to the internet and not always monitored. What we can map in hours, an attacker can map in hours too. You can’t defend what you can’t see, and no one can see this whole landscape alone,” said Soufian El Yadmani, founder and CEO of Modat.

What operators can do now

• Take admin interfaces off the internet, immediately.
• Assume breach and plan and monitor as if an attacker is already inside.
• Implement secure connectivity, following the principles published for operational technology.
• Consider your operating modes, including manual operation of OT.
• Adapt standard operating procedures so they can change based on the threat level or specific trigger events.
• Build and maintain visibility of assets, architecture and access, including everything that suppliers and service providers connect.
• Work together and exchange information across the sector, nationally and at European level, whether that is intelligence, experience or knowledge.

A public-private partnership from The Hague

The research is a collaboration between experts from two organisations based in The Hague: Modat, which continuously maps internet infrastructure, and NCSC-NL, which helps sectors and government strengthen their digital resilience.

Responsible publication

The research publishes aggregated figures per country only. Names of parks, operators, IP addresses and locations are not made public. Affected parties are being informed through their national CERTs.

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The launch of Type 01 marks a major milestone in the strategy JLR first set out for Jaguar in 2021. It establishes a distinct role for Jaguar within JLR’s wider portfolio of brands, alongside Range Rover, Defender and Discovery, enabling the brand to address a different segment of the luxury market while supporting the company’s long‑term growth and continued investment.

JLR is targeting double‑digit growth over the next five years, with three main drivers: 

Since announcing its £15‑18 billion five‑year investment programme in 2024, JLR has invested £11.5 billion in engineering, designing and manufacturing its next‑generation vehicles, with most of this investment spent in the UK.

Designed, engineered and manufactured in the UK, the investment in industrial footprint for Jaguar stretches across the Midlands and into the North West. Jaguar Type 01 will be built in Solihull using a dedicated Jaguar Electric Architecture (JEA), with Electric Drive Units (EDUs) and battery packs made in Wolverhampton, and pressed body panels manufactured in Halewood, Merseyside.

Work on production lines is at an advanced stage, with production due to begin in 2027.  Customers will be able to order Type 01 in early 2027, with prices starting from £130,000 GBP. 

The investment into Solihull manufacturing for JLR’s next‑generation vehicles, including Jaguar, is also supporting the long‑term future of skilled automotive employment in the UK. Nearly 9,000 employees at JLR’s Solihull site have been re‑trained to build electric vehicles with a further 1,500 colleagues trained across JLR’s wider West Midlands operations.  

Jaguar production will also support thousands of businesses across the UK’s automotive supply chain, including the 60,000 jobs sustained by JLR’s wider supplier network in the West Midlands.

Built on JLR’s bespoke JEA architecture the four‑door GT offers: 

• An 850‑volt electrical architecture and 118kWh usable battery deliver an expected EPA range of up to 400 miles*. Sustained highway speed range of up to 320 miles**
• 200 miles (321km) of range in as little as 13 minutes*** using 350kW rapid DC charging 
• Up to 1,030PS and 1,365Nm accelerating from 0‑62mph (0‑100km/h) in 3.2 seconds 

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