London, November 24, 2025, (Oilandgaspress) –––Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for 10 years of gas supplies into the Czech Republic. Deliveries have started and will last until 2035.
Equinor’s supplies of pipeline gas to Europe are backed by the resources on the Norwegian continental shelf, Europe’s most important energy province. Pražská plynárenská will use the gas to supply households and businesses in Prague and other parts of the country with heat, electricity and natural gas. While Equinor’s main gas markets have been in Northwest Europe and the UK, the company has during the last decade expanded its reach to include supplies to the Baltics and Poland and now sees a growing market potential among customers in Central and Southern Europe.
The agreement lasts until 1. October 2035 and Equinor will deliver the gas at the Czech hub. Information on volumes, terms and conditions are confidential between the parties. Read More
A new high-tech solar-powered streetlight, iLamp, made by British greentech firm Conflow Power Group, provides a unique solution to a growing global AI power consumption crisis – reducing the carbon footprint to near-zero while supplying the world’s first autonomous AI distributed data centre.
Electricity consumption from AI data centres is estimated to be 415 terawatt-hours (TWh) and this is set to more than double by 2030 to around 945 TWh, according to the International Energy Agency, leading several nations to expand their nuclear power station programmes to cope. A recent Cornell University study also found that by 2030, the current rate of AI growth in the US will add up to 44 million tons of carbon dioxide to the atmosphere – equivalent to adding 10 million petrol cars to the road.
Meanwhile, surging AI demand could also consume 1.7 trillion gallons of fresh water per year globally by 2027 to cool servers, according to an estimate from researchers at the University of California, Riverside.
The iLamp solves these problems, reducing the carbon footprint to near-zero since it is powered off-grid by low maintenance self-cleaning solar panels generating up to 200–600W of power, depending on configuration, while only consuming 80W. The surplus electricity can support a range of technology including Nvidia Jetson AI processors which only draw 15W per unit.
Edward Fitzpatrick, Director of Conflow Power, which has a £400 million balance sheet, said: “While tech giants scramble to build nuclear power stations to feed their AI addiction, we’ve built something smarter. Right now, in order to power AI, the likes of OpenAI or Google Gemini need a huge building full of GPUs and they have to pump massive amounts of electricity into it, along with a huge water supply for the cooling system. This is inefficient and we need a smart solution.
“There are streetlights everywhere in our towns and cities. By replacing them with iLamps fitted with Nvidia Jetson processors, you create a huge distributed data centre which is clean, non-water-hungry and low latency because the servers are near to the users. We are already in advanced negotiations with several large companies and world governments to make this a reality.”
The iLamps come with a 20-year warranty and the base model costs £7,500 but AI providers pay to use the Nvidia Jetson compute power for their services – meaning buyers can generate revenue instead of incurring running costs. They can also be fitted with almost any tech as required, including AI cameras, sensors, Wi-Fi and GPUs.
Conflow sells exclusive territorial licences to operate iLamp in different global territories. Licensees own the local company and sell the product under licence. Customers typically get local and federal tax incentives and rebates, and AI providers pay to use the compute power. Customers generate revenue instead of paying electricity bills.
In one transaction last year Conflow Power Group sold an exclusive license to iLamp Florida LLC for US$45 million, which last month sold a sub license sector to iLamp Secure Inc. for US$80m in a 50-year deal to exclusively provide advanced safety technology to 4,400 schools across Florida. This resulted in an addressable market valuation of US$777 million.
The iLamps supplied under this programme are fitted with integrated AI safety technology including weapon identification, gunshot detection, next-generation Automatic License Plate Recognition, facial recognition, early fire detection, smoke warnings, vehicle speed detection and private wireless connectivity.
Another version of the iLamp is being developed in collaboration with a major tech firm to equip rugby clubs in the UK and France with AI-assisted cameras for tactical analysis, along with lighting for night training. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) Oilprice | USD/bbl | $57.84 | Down |
| Crude Oil (Brent) | USD/bbl | $62.36 | Down |
| Bonny Light 21/11/25 CBN | USD/bbl | $64.28 | Down |
| Dubai | USD/bbl | $65.20 | — |
| Natural Gas | USD/MMBtu | $4.55 | Up |
| Murban | USD/bbl | $64.03 | Down |
| OPEC basket 21/11/25OPEC | USD/bbl | $63.00 | Down |
| At press time November 24, 2025 . |
Five agritech startups were awarded today in Nairobi at the conclusion of the third edition of the Kenya Agribusiness Entrepreneurship Program (KAEP), the entrepreneurial development initiative promoted by Eni Natural Energies (ENE) Kenya and Joule, Eni’s business school, in collaboration with the E4Impact foundation.
During the final event, ten finalists presented their solutions to a jury composed of investors, mentors, and agritech industry stakeholders. The five most promising projects were selected for their potential in terms of scalability and impact, and received a financial award of €10,000.
These are the startups awarded for their innovative projects:
VIANI FARM, a company that partners with farmers in the fruit and vegetable value chain, applying waste-to-energy technologies to enhance village-level production and extend the shelf life of products.
AGRIBORA, an agri-fintech enterprise that integrates digital tools, financial services, and market access to support smallholder farmers and rural merchants.
MAGGY’S KIENYEJI LTD, a company that reduces post-harvest losses by sustainably drying and packaging indigenous vegetables for local and international markets.
BEE HAPPY ENTERPRISES, a company specialized in the production of honey and honey-based products, leveraging IoT systems that enable precision beekeeping through remote monitoring and management.
DROFARMER SERVICES, a company that combines AI technologies and drones to support smallholder farmers, integrating agrotechnology, financial tools, and sustainable practices to provide data-driven assistance. Read More
Baker Hughes Rig Count: International -25 to 1059, :U.S. +5 to 554 Canada +7 to 195
U.S. Rig Count is up 5 from last week to 554 with oil rigs up 2 to 419, gas rigs up 2 to 127 and miscellaneous rigs up 1 to 8.
Canada Rig Count is up 7 from last week to 195, with oil rigs up 4 to 128, gas rigs up 3 to 67 and miscellaneous unchanged at 0.
International Rig Count is down 25 from last month to 1,059 with land rigs down 8 to 833, offshore rigs down 17 to 226
The Worldwide Rig Count for October was 1,800, down 12 from the 1,812 counted in September 2025, and down 164, from the 1,964 counted in October 2024.
| Region | Period | Rig Count | Change |
| U.S.A | November 22, 2025 | 554 | +5 |
| Canada | November 22, 2025 | 195 | +7 |
| International | October 2025 | 1059 | -25 |
| Baker Hughes |
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Victor Cole , victor@oilandgaspress
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