TotalEnergies divests its interest in two Vaca Muerta unconventional blocks in Argentina
TotalEnergies announces that its affiliate Total Austral has signed an…
Fugro secures a major geotechnical site investigation contract for offshore wind farm in Taiwan
Fugro has been awarded a significant contract for the 700 MW Youde offshore…
Emvolon and Montauk Renewables announce launch of joint venture to convert biogas into high-value, low carbon fuel
Following the successful completion of a field demonstration, the new joint…
Prometheus slashes cost of carbon capture by more tan 80%, unlocking affordable E-fuels as a new source of 24/7 carbon neutral power
Breakthrough reduces carbon capture costs to less than $50/ton—enabling…
Suncor Energy tops quarterly profit estimates on higher production
Canadian oil producer Suncor Energy (NYSE:) exceeded analysts’ second-quarter…
First of two production wells spudded at Bestla development in Norway
Rex International, a technology-driven oil exploration and production company,…
Oil steadies as OPEC+ output hikes counter Russia disruption concerns
Oil was little changed on Tuesday as traders assessed rising OPEC+ supply and…
China’s independent oil firms elbow into Iraq’s majors-dominated market
China’s independent oil companies are ramping up operations in Iraq, investing…
Saudi Aramco profit drops as it flags cost cuts, divestments
Saudi Arabian oil company Aramco (TADAWUL:) reported a 22% drop in…
Argentina’s oil and gas sector: Vaca Muerta shale can drive near-term growth and fuel medium-term opportunities
The development of Vaca Muerta oil reserves,1 one of the largest shale gas and…
bpTT announces start of production from new Cypre gas project
bp Trinidad and Tobago (bpTT) today confirms its Cypre development has safely…
Contrasting outlooks for oil and gas in the US
President Donald Trump has said he doesn’t like the slogan “Drill, baby,…
MOL Group and KazMunayGas sign oil trading agreement
MOL Group continues to diversify oil supply in the region: the company has…
Vår Energi ASA: Notification of trade by primary insider
Deputy employee representative to the Board, Finn Volrat Pettersen in Vår…
bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil
bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in…
Green methanol bunkering a positive step
Hong Kong holds a significant position in the international shipping industry…
How to reconcile CO₂ reduction targets with the efficiency of logistics operations?
Implementing CO₂ emission reduction solutions is becoming a key element of the…
Oil falls as OPEC+ proceeds with September output hike
Oil prices dropped on Monday after OPEC+ agreed to another large output hike…
How Chevron and Closelink automate lubricant procurement
Closelink, a digital platform built for the procurement of marine lubricants,…
Solstad Maritime awarded contract for CSV Normand Commander
Solstad Maritime ASA is pleased to announce a contract award with end-client…
Indian state refiners pause Russian oil purchases, sources say
Indian state refiners have stopped buying Russian oil in the past week as…
Last year’s U.S.-Canada energy trade was valued around $150 billion
The value of energy trade between the United States and Canada remained steady…
Tariff uncertainty and rising OPEC+ supply weigh on oil prices
Analysts are keeping their oil price forecasts mostly unchanged for 2025, as a…
Sapura Energy Berhad is now officially Vantris Energy Berhad
Sapura Energy Berhad (“SEB”) has officially changed its name to Vantris Energy…
Eastern U.S. natural gas increasingly meets LNG-fueled demand growth in AEO2025
In our Annual Energy Outlook 2025 (AEO2025), we project regional differences…
PETRONAS and Microsoft expand collaboration to support Malaysia's AI ecosystem
PETRONAS and Microsoft signed a Memorandum of Understanding, further extending…
Sulnox soars in Q1 as energy transition steps up
SulNOx, the green fueltech company backed by Idan Ofer and Contantine…
MOL, Mitsui & jointly acquire Port Service, Steel Processing, Machinery/Equipment manufacturing Businesses serving UK Offshore Energy Industry
Mitsui O.S.K. Lines, announced that the company teamed up with Mitsui to…
Oil prices ease as markets weigh supply risks after Trump ultimatum to Russia
Oil prices dipped slightly on Wednesday as investors awaited developments on…
Petrobras updates Natural Gas prices for distributors
An average reduction of approximately 14% will take effect on 08/01, compared…
Versalis and Acea Ambiente sign an agreement to promote advanced plastic recycling
Versalis, Eni’s chemical company, and Acea Ambiente, a subsidiary of Acea…
PETRONAS commemorates its first LNG cargo from LNG Canada facility
Significant milestone reinforces PETRONAS’ commitment to future-proof its…
John B Hess joins Chevron’s board of directors
Chevron Corporation announced that John B. Hess has been appointed to Chevron’s…
Review of crude and product price movements in the first half of 2025
Crude oil prices experienced heightened volatility during 1H25, largely driven…
Boskalis - Allseas consortium awarded large offshore natural gas pipeline project in Taiwan
Boskalis and Allseas are pleased to announce that their 50/50 consortium has…
Kosmos Energy and Partners achieve commercial operations at Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) Project
The project partners on the Greater Tortue Ahmeyim (GTA) LNG development –…
Brazil’s Petrobras to lower natural gas prices by 14%
Brazilian state-run oil company Petrobras will lower the price of natural gas…
Upstream’s mounting challenge to deliver future oil supply
Oil demand isn’t going away any time soon. That’s the overwhelming verdict of…
IMO: Setting the course for Egypt’s green shipping future
Egypt’s national efforts towards decarbonizing the shipping industry are being…
UK project to tackle skills gap in maritime sector’s adoption of low and zero-carbon fuels wins CMDC funding
A cross-sector consortium comprising the marine fuels training, conference and…
China’s Sinopec signs contract to explore Algerian gas block
China’s state oil and gas major Sinopec Group said it has signed a contract to…
BP says tainted oil detected in tanks at Turkish Ceyhan port, exports continue
BP BP. said on Thursday that contaminants were detected in some of the oil…
Sapura Energy Berhad secures contracts worth more than RM500 million in Thailand
Sapura Energy Berhad and its subsidiaries , are pleased to announce that it has…
Total Energies announced the start-up of BEGONIA and CLOV phase 3 Offshore Projects in Angola
TotalEnergies announces the start of production from the BEGONIA and CLOV…
Doosan Enerbility obtains 10 MW Offshore Wind International Certification
Rated for Over 30% Capacity Factor Even at Low Wind Speeds of 6.5 m/s Doosan…
NYK begins continuous use of Bio-LNG Fuel on Car Carriers
Significantly reducing GHG emissions through clean fuel, accelerating…
VLSFO premium softens; HSFO discounts rangebound
Spot premiums for Asia’s very low sulphur fuel oil (VLSFO) traded lower on…
TotalEnergies expands its investments in sustainable forestry operations to preserve carbon sinks in United States
TotalEnergies signed an agreement with NativState, an Arkansas-based forest…
Oil prices stabilise after US-Japan trade deal
Oil prices were little changed on Wednesday after falling for three…
U.S. crude oil inventories down last week
The American Petroleum Institute (API) on Tuesday reported a decrease of…
TotalEnergies and CMA CGM launch LNG Bunkering Logistics joint venture to accelerate Maritime Decarbonisation
For the first time, a shipping line will collaborate with an energy provider…
Chevron completes acquisition of Hess Corporation
Creates premier integrated oil & gas company Combines world-class assets,…
Albert Manifold appointed BP chair
BP announces that it has appointed Albert Manifold to succeed Helge Lund as…
Indonesia’s first-half oil output below target, gas above target
Indonesia’s oil production in the first six months of 2025 was 579,300 barrels…
Marine Masters completes South Angsi Alpha decommissioning
Malaysia’s largest offshore removal project now part of rig-to-reef marine…
FuelEU Maritime: Key updates on fuel certification, methane slip, and exemptions
With the FuelEU Maritime regulation in force, questions around reporting…
Finding Nemo, the IEA discovers its ‘missing barrels’
The International Energy Agency (IEA) has again found its ‘missing barrels’.…
The Commodities Feed: Oil shrugs off latest EU sanctions on Russian energy
Energy – Further EU sanctions on Russia The EU announced its 18th sanction…
Iraq’s Kurdish oil exports restart is not imminent
A restart of Iraq’s Kurdish oil exports is not imminent, sources close to the…
Chevron completes acquisition of Hess Corporation
Creates premier integrated oil & gas company Combines world-class…
Energy-Hungry India offers opportunities for U.S. Oil, Natural Gas Exports
India’s voracious appetite for oil and natural gas amid rapid economic growth…
XFuel and De Dietrich working on engineering & design for C2 plant commercialisation
XFuel, a producer of high-grade sustainable drop-in fuels and carbon removal…
BASF and Equinor confirm strategic partnership and sign ten-year natural gas supply agreement
Equinor will supply up to 23 terawatt hours of natural gas (around 2 billion…
New report highlights the important role of voluntary insetting in accelerating shipping’s energy transition, with caveats
New analysis by UCL Energy Institute, with the assistance of UMAS, analysing…
India’s GAIL issues tender for up to 110 LNG cargoes after executing SPA with Vitol
India’s state-owned GAIL has issued a tender seeking up to 110 LNG cargoes on…
Solstad Maritime ASA – Contract Award
Solstad Maritime ASA announced a contract award for the CSV “Normand Pioneer”…
TechnipFMC awarded significant iEPCI™ contract for Equinor’s Heidrun Extension Offshore Norway
TechnipFMC has been awarded a significant(1) integrated Engineering,…
Petrobras elects Angélica Laureano as Executive Director of Energy Transition and Sustainability
With her appointment, Petrobras' Executive Board will have a female majority—an…
Goldman Sachs raises Brent oil forecast for second half of 2025 to $66
Goldman Sachs raised its oil price forecasts for the second half of 2025,…
RaaS Initiation research report on Provaris Energy
"Provaris Energy represents a unique investment opportunity as a leveraged play…
Van Oord completes foundation installation at Sofia Offshore Wind Farm
Van Oord has successfully installed all monopile foundations at the RWE…
Angola discovers offshore gas in first gas-specific exploration well
Azule Energy, a partnership between BP BP. and Eni ENI in Angola, discovered…
New Fortress Energy Executes 5-year Charter for Energos Winter
New Fortress Energy Inc via a subsidiary has executed a 5-year agreement for…
Swire Shipping Launches New Carbon Insetting Programme – ‘Voyage to Zero’
Swire Shipping, a leading shipping company in the Asia-Pacific, today…
KPI OceanConnect marks a year of resilient results, strategic adaptation and progress towards shipping’s energy transition
KPI OceanConnect appointed Dorthe Bendtsen as its CEO, confirming its…
U.S. hydrocarbon production supported by export growth in long-term projections
In our Annual Energy Outlook 2025 (AEO2025), we project U.S. production growth…
Energy: Global Excess or Shortage of Power?
Recent conflict in the Middle East had raised concerns about higher energy…
US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs…
Singapore fuel oil stockpiles climb to over six-month highs
Onshore fuel oil stockpiles in Singapore extended gains for a third week,…
OPEC+ move to defend market share
OPEC+ goes with another large supply hike Despite OPEC+ originally announcing…
Hi-5 spread widest in over 5 months as HSFO slumps
Asia’s hi-5 fuel oil spread reached its widest in more than five months, data…
BP flags gas, oil price hit; higher upstream output in second quarter
BP’s BP. second-quarter results are expected to be impacted by lower prices…
India needs to boost its petchem output to counter China’s dominance, Reliance says
India needs to increase its petrochemical production capacity to meet local…
Chevron supports Central and West Texas flood relief efforts
Chevron announced a donation of $250,000 to three community partners,…
Prometheus Fuels Hits Major Commercial Milestone
First company in the world to produce 100% carbon-neutral e-Fuel from air and…
Germany’s SEFE agrees 3-year LNG supply deal with ADNOC
Germany’s SEFE has agreed a three-year deal to receive about 700,000 metric…
OPEC launches WOO 2025 and sees global oil demand at almost 123 mb/d in 2050
The 2025 OPEC World Oil Outlook (WOO) was launched today at the 9th OPEC…
Research reveals hidden fatigue risks in offshore wind turbine structures
The case study demonstrates how reliability-based inspection can help manage…
VLSFO premium dips further in ample supply
Spot premium for very low sulphur fuel oil (VLSFO) extended declines on…
PETRONAS commemorates its first LNG cargo from LNG Canada Facility
Significant milestone reinforces PETRONAS’ commitment to future-proof its…
bp agrees to sell Netherlands mobility & convenience and bp pulse businesses to Catom
Transaction includes bp’s ~300 Dutch retail sites, 15 EV charging hubs and the…
Aker Solutions secures contract for Fram Sør tie-in project
Aker Solutions has been awarded a sizeable contract by Equinor to prepare the…
Solstad Offshore ASA – Contract Award
With reference to the stock exchange notice from Solstad Offshore ASA dated 06…
Europe Gas: Prices edge up on slightly higher demand
Dutch and British wholesale gas prices edged up on Tuesday morning due to…
VLSFO premium dips in largely quiet market
Spot premium for very low sulphur fuel oil (VLSFO) dipped on Tuesday as offers…
Oil eases as traders assess US tariffs, OPEC+ output hike
Oil prices retreated on Tuesday after rising almost 2% in the previous session…
Russia not mulling complete ban on fuel exports, price fluctuations seasonal
The Russian government is not considering a complete ban on fuel exports, as…
Imports made up 17% of U.S. energy supply in 2024, the lowest share in nearly 40 years
In 2024, the United States imported about 17% of its domestic energy supply,…