Spot markets ease; Kuwait VLSFO cargo eyed for late March
Spot fuel oil markets retreated on Thursday, while Kuwait’s Al Zour offered a…
Oil demand growth could take tariff hit during 2025 says IEA
Highlights Growth in global oil demand is set to accelerate to just over 1…
Hanwha Aerospace receives DNV AIP certification on hydrogen fuel cells
Hanwha Aerospace announces that it has received Approval in Principle…
MOL, Namura Shipbuilding, Mitsubishi Shipbuilding acquire AiP for large ammonia-powered Ammonia carrier
Major Step toward Enhanced Ammonia Transport Capacity Mitsui O.S.K. Lines,…
The World Sustainability Organisation launches the Carbon Offset Campaign for a Zero-Impact Future
The World Sustainability Organization (WSO) is proud to announce the launch of…
US crude inventories rise, fuel draws down amid ongoing maintenance, EIA says
U.S. crude oil stockpiles rose and fuel inventories fell last week as seasonal…
Ukraine bets on US LNG as gas import needs rise
Ukraine may import large volumes of U.S. gas this year via terminals in…
Watson Farley & Williams new opportunities for renewable energy grid connection
With the latest amendment to the Energy Industry Act, the German…
Liza Unity becomes world’s first FPSO to receive ABS SUSTAIN-2 notation
ABS-classed Liza Unity has become the first FPSO in the world to receive the…
Global oil supply growth is outstripping demand, Gunvor CEO says
Global oil supply growth is outstripping demand, the CEO of one of the world’s…
TotalEnergies and RWE join forces on green hydrogen to decarbonise the Leuna refinery in Germany
30,000 tons a year of green hydrogen supplied to TotalEnergies’ Leuna……
Advancement in hydrogen and CO₂ development programs in Norway Highlights Unique Advantages of Provaris’ Proprietary Solutions
Highlights: Provaris has entered into a second non-binding collaboration…
Europe Gas prices up amid lower Norway exports, higher demand
Dutch and British wholesale gas prices rose on Tuesday morning amid lower…
First liquefied natural gas cargo produced at Corpus Christi Stage 3 export facility
In February 2025, Corpus Christi Stage 3, an expansion of the existing Corpus…
Verde Marine Energy expands operations with VLSFO Fuel Oil Supplies
Verde Marine Energy BV is proud to announce the commencement of its Very Low…
Prodigy Clean Energy and Lloyd’s Register team up on transportable nuclear power plants with Government of Canada investment
The joint effort will produce requirements to start power plant fabrication by…
WasteFuel and ITC commence Front-End Engineering design on World-Leading Green Methanol facility in Ankara, Türkiye
WasteFuel, a U.S.-based next-generation bioenergy company, and ITC, a leading…
Baker Hughes says oil producers unlikely to increase spending this year
U.S. oil and gas producers are unlikely to increase spending this year and…
HSFO cash premium holds at over one-and-half-year high
Asia’s cash premium for 380-cst high sulphur fuel oil (HSFO) extended gains on…
Van Oord’s brand-new offshore installation vessel Boreas arrived in the Netherlands
Van Oord’s offshore installation vessel Boreas has arrived in the…
Top oil executives reckon with downturn even as Trump cheers them on
The world’s energy industry leaders meet in Houston next week as plummeting…
Baker Hughes and Woodside Energy announce collaboration framework to develop small-scale decarbonisation solution utilising Net Power Platform
Joint initiative to develop a lower carbon power generation technology…
Russia’s seaborne fuel oil exports fall in February, data shows
Russia’s seaborne fuel oil and vacuum gasoil exports dropped 15% in February…
Is oil implied volatility set to surge on OPEC+, Automotive Revolution?
Could we see dramatically higher implied volatility in crude oil options in…
LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
New LR report highlights both progress and persistent challenges in equipping…
Vitol and LNGPH sign long term gas supply deal into the Philippines
LNGPH, the integrated liquefied natural gas power facilities of South Premiere…
bp successfully completes drilling at El Fayoum-5 Gas Well in North Alexandria Offshore Concession
bp has announced the successful completion of drilling operations at the El…
Asia’s falling crude oil imports challenge 2025 demand forecasts
Asia’s crude oil imports are off to a weak start in 2025, as top importer…
McDermott completes EPCIC project in Gulf of Mexico
McDermott announces the safe and successful completion of engineering,…
Global offshore wind poised for landmark 19GW of additions in 2025
The global offshore wind industry is poised for a rebound in…
HSFO premiums soar in strong bidding spree
Spot premiums for high sulphur fuel oil (HSFO) soared on Monday, supported by…
Hunting Subsea Technologies celebrates milestone with 100th Flow Access Module (FAM) delivery to Beacon Offshore Energy
Hunting Subsea Technologies is proud to announce the delivery of its 100th…
Equinor gas discovery in the Norwegian Sea
Equinor and its partners, Okea and Pandion Energy, have proven gas and…
Increasingly more of Fazer’s bakery products go by Gasum’s low-emission biogas
Gasum also uses Fazer’s food waste to produce biogas. Nordic energy company…
PETRONAS and Sabah Energy Corporation collaborate to advance Green Steel Manufacturing
PETRONAS, through Malaysia Petroleum Management , has formalised an agreement…
Lloyd’s Register Type Approval awarded to Corvus Dolphin NxtGen Energy ESS
Corvus Energy is pleased to announce that it has received Type Approval from…
Lhyfe signs a 4-year green hydrogen offtake contract with INOCEL to fuel and support the development and production of its fuel cell power generation solutions
Contract to supply up to 140 tonnes of hydrogen over 4 years Shared objective:…
Offshore Wind TotalEnergies and partners inaugurate 640 MW Yunlin Wind Farm in Taiwan
The Yunlin offshore wind farm is now fully operational It will power 600,000…
Russia’s January – February LNG exports down 7.3%, data shows
Russia’s exports of liquefied natural gas (LNG) in the first two months of the…
Petrobras to commission four more ships, upping orders to 48 by 2026
Brazilian state-run oil firm Petrobras will commission four more support…
Singapore fuel oil stockpiles drop to 3-month low
Singapore onshore fuel oil stockpiles fell for a second week to around a…
SK Ecoplant to sell Offshore Wind Power subsidiary in strategic restructuring
SK Ocean Plant's sale expected to fetch 500 Bil. Won amid broader Asset…
US oil and gas production hit record high in December, says EIA
U.S. crude oil and natural gas output set records in December, and oil demand…
ClassNK issues approval in principle for ammonia-fuelled ammonia bunkering vessel developed by NYK Line and LMG Marine AS
ClassNK has issued an Approval in Principle for ammonia-fuelled ammonia…
bp launches strategic review of global lubricants business
bp is carrying out a strategic review of its Castrol business with the…
Jeunes Agriculteurs and TotalEnergies strengthen their partnership for the energy transition of the agricultural world
TotalEnergies and Jeunes Agriculteurs announce the signing of a cooperation…
Oxylus Energy & Element 1® Corp partner to unlock Green Methanol’s Potential for Hydrogen Generation
Oxylus Energy, a carbon conversion startup pioneering direct CO₂-to-methanol…
Samsung Heavy Industries launches 'PFLNG TIGA,' setting new standards in Offshore LNG Production
Massive Floating Facility to produce 2.1 Million Tons of Gas Annually Starting…
SAPURA ENERGY BERHAD secures RM3.2 Billion in new contracts for tender assist drilling rig services
SAPURA ENERGY BERHAD announced that its drilling arm (“Sapura Drilling”) have…
HSFO cracks back to discounts in volatile trading
Asia’s 380-cst high sulphur fuel oil (HSFO) cracks flipped back into discounts…
Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
BioNorrois will produce 153 GWh of biomethane, enough to…
Vireon separates from Norwegian Hydrogen
Vireon is an independent company, separating from Norwegian Hydrogen and…
The energy transition is not about abandoning fossil fuels overnight, but about modernising how we use them, says Fuelre4m
Fuelre4m, a trailblazer in sustainable energy solutions, is bringing its…
Asia LNG imports set to drop to 22-month low as Europe surge drives prices
Asia’s imports of liquefied natural gas (LNG) are poised to drop to the lowest…
Gasum’s FuelEU Maritime pool verified by DNV
Gasum’s pooling service will use DNV’s Emissions Connect solution to gather and…
Chevron announces Senior Leadership Changes
Chevron Corporation announced senior leadership changes as part of the…
CNOOC brings on-stream Luda 5-2 North Oilfield Phase II Development Project
CNOOC Limited announces that Luda 5-2 North Oilfield Phase II Development…
Global Fuel Supply announces expansion in West Africa with New Physical Supply Operation
Global Fuel Supply (GFS), a leading name in the bunkering industry, is proud…
NYK invest in Northern Offshore Group AB to strengthen offshore wind collaboration
Nippon Yusen Kabushiki Kaisha is pleased to announce its investment in Northern…
Making little progress on slashing shipping emissions, IMO must aim higher to remain relevant in tackling climate crisis
As a crucial International Maritime Organization meeting on reducing the…
Tokyo Gas to sell US shale gas stake to Shizuoka Gas for $130 million
Tokyo Gas 9531, Japan’s biggest city gas supplier, will sell its 25% stake in…
Sentinel Midstream’s “Texas Gulflink” Deepwater Port receives approval from US Maritime Administration
Sentinel Midstream , a Dallas-based provider of crude oil midstream solutions,…
Provaris welcomes Yinson’s full scale development of carbon capture in the Norwegian continental shelf
Provaris Energy welcomes news this week its partner in the development of a new…
PETRONAS, Universiti Teknologi PETRONAS and TM One establish Malaysia's first private 5G lab
PETRONAS, Universiti Teknologi PETRONAS (UTP), and TM One, TM’s enterprise and…
Gasum bunkers Equinor's tugboats Borgøy and Bokn with bio-LNG
The agreement is part of the continuing collaboration between Gasum and…
Cargill and Hafnia launch Seascale Energy to accelerate the transformation of marine fuel procurement services
The new joint venture will efficiently meet customer needs worldwide, ensuring…
Valaris announces fleet rationalisation and issues fleet status report
Semisubmersibles VALARIS DPS-3, DPS-5 and DPS-6 to be Retired from Global…
Proactive interview with Provaris CEO and Managing Director Martin Carolan
This week Provaris Energy updated shareholders on the commercialisation…
“NYK Energy Ocean” become New NYK subsidiary
Will absorb ENEOS Ocean's non-crude-oil shipping business NYK and ENEOS Ocean…
TotalEnergies joins forces with Air Liquide to decarbonise its refineries in Northern Europe with green hydrogen
45,000 tons per year of green H2 produced by the OranjeWind offshore wind farm…
Eni signs agreement for KKR to increase its stake in Enilive
Eni and KKR, a leading global investment firm, have signed an agreement under…
bp announces start of production from Raven second development phase, offshore Egypt
bp has announced the start of production from the second development phase of…
DOF Group announced contract awards for Skandi Implementer
DOF Group ASA is pleased to announce two contracts for two subsea construction…
Provaris commercial update capital lite revenue model and hydrogen supply chain progress
Highlights: Capital Lite Revenue Model designed to generate early cash flow…
TotalEnergies, Masdar and EPointZero sign framework for action to drive clean energy access in Africa and Asia
Masdar, the UAE’s clean energy leader, TotalEnergies and EPointZero, the…
Gasum charters new bunker vessel – delivery scheduled for 2027
The new state-of-the-art vessel, to be named Celsius, will enable Gasum to…
TIM launches renewable energy unit TIM Energia in partnership with Axpo Italia
Telecom Italia (TIM) is moving into the energy sector with the launch…
The "UAE-France High-Level Business Council" meeting was held with the participation of over 50 entities to strengthen economic and investment cooperation
The 3rd meeting of the UAE-France High-Level Business Council was co-chaired…
Mitsubishi Power secures major Gas Turbine and Services order for Al Wahda Open Cycle Gas Turbine Power Plant in Morocco
Mitsubishi Power to supply to Al Wahda Power Plant two J-class turbines, one of…
India to remain bright spot for petchem demand in 2025
India will be a bright spot for petrochemical demand in 2025 even as global…
Uniper and Kyuden International Sign MOU to Explore Collaboration in Hydrogen and Ammonia, Renewable Energy, CCUS
Exploring Opportunities for Business Expansion Uniper SE (hereinafter…
City of Oulu: Finland’s largest Hydrogen Refining Plant one step closer to starting sustainable Aviation Fuel Production
French Verso Energy and City of Oulu sign co-operation agreement The City of…
Petrobras sells bunker with renewable content in Singapore
Commercial operation meets the demands of the global fuel market for more…
HSFO cracks retreat at near parity versus crude
Cracks for 380-cst high sulphur fuel oil (HSFO) showed further signs of easing…
Mitsui OSK Lines and Fukada Salvage & Marine works sign MoU for collaboration on transportation and installation vessels for floating offshore wind turbines
Mitsui O.S.K. Lines, and Fukada Salvage & Marine Works have signed a…
HSFO cracks slip back into discounts as rally retreats
Refining cracks for 380-cst high sulphur fuel oil (HSFO) have fallen back into…
A significant step for the future MOL Group has successfully tested the production of HVO and SAF
MOL Group has produced a diesel fuel containing Hydrotreated Vegetable Oil ,…
LS Cable & System, LS Marine Solution, Balmoral Comtec join forces in renewable energy push
LS Cable & System and LS Marine Solution have entered into a strategic…
Equinor appeals fine for violation of market regulations in France
The French Energy Regulatory Commission has imposed a fine of 4 million…
MOL switch invests in Twelve, US developer of E-fuels
Contributing to the Spread and Expansion of Clean Energy Mitsui O.S.K. Lines,…
TotalEnergies supply GSPC with 400,000 tons of LNG per year from 2026 in India
During a ceremony held in New Delhi on the sidelines of the India Energy Week,…
China’s Crude Oil imports decreased from a record as refinery activity slowed
Slower oil demand growth in 2024 led to less crude oil processed by China's…
Volue expands product portfolio with PowerBot
Volue, a leader in technologies and services that enable its customers to…
Launch of 'BLUE ACTION NET-ZERO ALLIANCE,' group-wide carbon inset program for ocean transport
Accelerating Process toward Net Zero through Co-Creation with Stakeholder…
US oil tariffs on Canada and Mexico would significantly impact North American crude flows
US oil tariffs on Canada and Mexico would initiate a significant shift in…
A revolutionary step toward Net-Zero Shipping
The global maritime industry is facing mounting pressure to decarbonize,…
Svanehøj to supply CO2 pumps for INEOS’ project Greensand in the North Sea
INEOS, the global leading petrochemicals company, has selected ITT’s Svanehøj…
Van Oord’s cable-laying vessel Nexus equipped with SCR technology to further reduce emissions
Van Oord is taking a next step to further reduce emissions on its fleet. A…
Terna, Tyrrhenian Link: Submarine cable laying started in Siculy
The operation will be carried out by Prysmian and will involve the section…