South Korean refiners target 400 mil barrels of clean oil products exports to Asia-Pacific region in 2026
Planned supply slightly lower than 2025 exports Refiners face weak…
Growth in global demand for natural gas is set to accelerate in 2026 as LNG wave spreads through markets
Rapid expansion of liquefied natural gas supply, mostly from North America, is…
TotalEnergies signs the extension of the Waha Concessions until 2050 in Libya
On January 24th, during the Libya Energy & Economy Summit in…
Noble Corporation announced new awards totalling $1.3 Billion and strategic entry into the Norwegian Floater Market
Noble Corporation announced new contract awards for 9 rigs comprising…
Oldendorff Carriers deploys eMarine’s energy optimisation technology
Oldendorff Carriers (Oldendorff) has partnered with Swedish technology provider…
Hanwha Ocean advances Newfoundland LNG project as part of broader CPSP-linked industrial partnership in Canada
Hanwha Ocean announced today that it has signed a strategic Memorandum of…
OFAC targets shadow fleet vessels and facilitators supporting Iranian oil exports
Friday, amidst the Iranian regime’s brutal crackdown on peaceful protestors…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
The following article regarding Europe and Africa bunker fuel…
Indian refiners shift oil strategy; trim Russian buys and turn to MidEast
Indian refiners are redrawing crude import strategies to shift away from…
Veolia and SBM Offshore join forces to combat global water scarcity with innovative floating desalination solution
Partnership combines Veolia’s world-leading water technologies and…
McDermott awarded EPCI Contract for Al Nasr Field Development Project
McDermott has been awarded a major* contract by ADNOC for engineering,…
DeepOcean completes U.S. offshore wind contract
Global ocean services provider DeepOcean has successfully completed trenching…
Global LNG supply set to jump in 2026, limiting prices and spurring demand
Global supply to rise to as much as 484 million tons in 2026 Asia 2026…
Seadrill announces multiple contract awards
Seadrill announced the following contracting updates for the West Capella, West…
HSFO market structure pares back from recent strength
Strength in Asia's high sulphur fuel oil (HSFO) market pared slightly…
Trafigura signs offtake agreement for advanced sustainable aviation fuel produced from biogas
Trafigura Pte Ltd ("Trafigura"), a market leader in the global commodities…
DOF Group announced contract award in Guyana
DOF Group ASA is pleased to announce a large turn-key contract award with…
India's MRPL scouts for Venezuelan oil as it halts Russian imports
The state-run refiner, which exports 40% of its output, is seeking favorable…
HSFO timespreads extend climb in volatile trade
Asia's market structure for high sulphur fuel oil (HSFO) strengthened on…
Cold Snap in China pushes LNG prices higher after months of decline
Winter weather has driven heating demand in China higher and with it, LNG…
Shipping’s methane decarbonisation pathway becomes a clear runway for the future
Industry coalition SEA-LNG has published its annual ‘View from the Bridge’…
Black Sea CPC crude offers drop amid drone strikes
Offer prices for Caspian CPC Blend crude oil dropped sharply this week,…
UK-led Maritime Consortium sets out plan for nuclear-powered fleet
Lloyd’s Register convenes leading partners to deliver safe, secure and…
OPEC regains share in India as Russian oil imports slump in December
Share of Russia in India's Dec oil lowest since December…
Green Oceans raises alarm over National Security and Aviation Safety Risks from Offshore Wind Projects
In federal court, Judge Carl Nichols granted Empire Wind’s request to resume…
Is Greenland Venezuela 2.0?
Following the capture of then-Venezuelan president Nicolás Maduro by US special…
API, ethanol groups clinch deal on US biofuel bill
The American Petroleum Institute (API) and ethanol groups have agreed on…
HSFO spot discounts steady but structure holds strength
The spot market for Asia high sulphur fuel oil (HSFO) held little changed…
Sulnox Group Asia presence strengthened with Vietnam patent
Sulnox, the greentech company delivering lower fuel costs and emissions with…
Chevron takes final investment decision on Leviathan Gas expansion
Chevron Corporation by its subsidiary, Chevron Mediterranean Limited, and the…
Empire Wind granted preliminary injunction allowing construction to resume
The U.S. District Court for the District of Columbia today granted Empire…
TotalEnergies and Bapco Energies launch BxT Trading, a new player in the trading of petroleum products in the Middle East
TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned…
Cargill advances Maritime Decarbonisation with delivery of First Green Methanol dual-fuel vessel
Brave Pioneer is the first in a new fleet of chartered vessels designed to…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
Lower oil prices are expected to cut U.S. drilling activity and reduce…
Opec forecasts slight demand growth slowdown in 2027
Opec unveiled its projections for 2027 today, showing a slight slowdown in…
VLSFO spot differential extends climb
The spot differential for very low sulphur fuel oil (VLSFO) in Asia…
TotalEnergies signs a sale and purchase agreement in view of divesting its oil interest in Renaissance JV formerly SPDC
TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria has signed…
Trump urges US oil giants to repair Venezuela's 'rotting' energy industry
Investors skeptical about Venezuela's political stability and…
Equinor awarded 35 new production licenses on the Norwegian continental shelf
Equinor has been awarded 35 new production licenses by the Ministry of…
PETRONAS seeks clarity on petroleum regulatory framework in Sarawak
PETRONAS has filed a motion at the Federal Court in Putrajaya to seek clarity…
Aker Solutions secures long-term maintenance and modifications frame agreements with Equinor
Aker Solutions has been awarded multiple five-year frame agreements with…
Singapore MOC fuel oil swaps trades drop to two-month low in Dec as HSFO deals shrink
380 CST HSFO swaps trade volume plunges 60.5% MOM in Dec 0.5%S marine fuel…
Demand for bunkers mixed at Indian ports in Dec
Kandla records highest bunker demand for Dec 2025 Kochi bunker volumes…
Vitol to load first diluent cargo under Venezuela supply deal this weekend, sources say
Vitol to export about 460,000 barrels of naphtha from Houston to…
Companies scramble to secure ships, assemble operations to transfer Venezuelan oil, sources say
Shipping firms want to expand operations for Venezuelan oil transfers…
Vantris Energy divests stake in L&T-SAPURA Shipping as part of portfolio optimisation strategy
Vantris Energy Berhad announced the divestment of its 40 percent equity…
What Big Oil needs to invest in Venezuela
President Trump hopes to attract more than US$100 billion of investment to…
Rotterdam Shore Power selects ABB for world’s largest shore power project
ABB to engineer and construct shore power systems in Port of Rotterdam with…
East Asian refiners show little interest in Venezuelan crude but watch for steep discounts
East Asian refiners unfamiliar with Merey, Boscan grades Light sweet US…
TotalEnergies enters Block 8 offshore exploration permit in Lebanon
TotalEnergies (35%, operator) and its partners Eni (35%) and…
Korean Shipbuilders expected to win most orders of LNG carriers this year
Expectations are growing that the domestic shipbuilding industry will succeed…
Equinor major contract awards to Norwegian supplier industry
Equinor awards framework agreements to seven supplier companies with a total…
Hydrogen’s potential and its limits for decarbonisation highlighted in LR’s latest Fuel for thought report
Fuel for thought: Hydrogen offers a comprehensive exploration of hydrogen’s…
Bahrain shipyard ASRY Offshore Division gears up for 200th drill rig repair milestone
ASRY Offshore Division gears up for 200th project milestone The offshore…
Vantris awarded major work orders under existing Transport & Installation Contracts
Vantris Energy Berhad announced that its indirect wholly-owned subsidiary,…
Solstad Offshore announced contract extension and amendment for Normand Turquesa
Reference is made to the previous press release dated 9 July 2025 regarding the…
Borr Drilling announced new contract commitments
Borr Drilling announced new contract commitments for two of its premium jack-up…
Order to Equinor – technology development - use of digital well planning, automated drilling and digital twins
The Norwegian Ocean Industry Authority (Havtil) has issued a new order to…
Canadian Maritime Leaders Call for National Fleet and Clean Electrification Strategy amid global trade uncertainty
Video: https://youtu.be/6pIwzv3_hWM Maritime leaders from Canada’s West Coast…
EIB commits €490M to Greek link ending electrical isolation of Northeast Aegean islands
The European Investment Bank (EIB) has approved €490 million in financing for…
Transocean announces contract award and extension totalling $168 Million
Transocean announced a contract award and an extension, respectively, for two…
MOL Signs a Project Finance Agreement for FSRU Project in Singapore
-Marks Step Toward Further Growth in Offshore Business, a Key Investment…
Offshore Expansion drives push for Logistics Hubs across the Caribbean
With offshore activity accelerating across the region, shore bases and…
Empire to file preliminary injunction against lease suspension order
Empire Offshore Wind LLC (Empire) filed a civil suit in the U.S. District…
Carbon-Neutral Fuels: Market Trends, Competition, Growth Drivers, Revenue Forecasts 2025-2030 - ResearchAndMarkets.com
The "Carbon-Neutral Fuels Market - Global Strategic Business Report" has been…
Helix Energy Solutions awarded Multi-Year P&A contract in the North Sea
Helix Energy Solutions Group, Inc. has secured a multi-year contract with a…
Odfjell Drilling signs contract for Deepsea Aberdeen
Odfjell Drilling announced that, further to the announcement on 16…
Subsea7 awarded contract offshore Norway
Subsea7 announced the award of a sizeable1 extension of an existing frame…
Oil bunker trades face soft demand growth, peak VLSFO
Lackluster demand environment despite IMO delay Peak consumption of…
Brazil, Guyana, And Argentina Support Forecast Crude Oil Growth In 2026 – Analysis
We forecast that global crude oil production will increase by 0.8 million…
New Sustainability Report from Tunley Environmental signals a critical year for climate, nature and compliance
Leading sustainability consultancy Tunley Environmental has published the 2025…
Helix Energy Solutions announces CEO succession lan
Owen Kratz to Retire after Career of Transformative Leadership Helix Energy…
Amon Bulk plans three new Kamsarmax vessels with NOK 298 million investment grants
Amon Maritime is pleased to announce that the company has been awarded…
Azane Infrastructure secures ENOVA Grant of 442 million to build ammonia bunkering terminals along Norwegian Coast
Azane Infrastructure AS is proud to announce that it has been awarded a grant…
Aiming for the big prize in US unconventional oil and gas
The Trump administration has set a goal of doubling recovery from…
Russia considers extending gasoline, diesel exports ban until February, state media reports
Russia is considering an extension of diesel and gasoline export restrictions…
TotalEnergies and PTTEP strengthen their partnership in Malaysia
TotalEnergies has closed an agreement to divest to PTTEP an indirect interest…
Vantris Energy adopts Living Wage Policy for permanent employees
The Board of Directors of Vantris Energy Berhad is pleased to announce the…
Equinor contests penalty notice from Økokrim
In May 2021, Equinor Refining Norway was charged with violations of the…
Seadrill announces Contract Awards in the US Gulf and Angola
Seadrill Limited announced contract awards for the West Neptune, Sevan…
SEA-LNG welcomes UK P&I Club, adding insurance expertise to coalition
SEA-LNG, the coalition supporting the methane decarbonisation pathway,…
Odyssey Marine Exploration’s Unsolicited Request for a U.S. Offshore Mineral Lease Sale Advances as BOEM Initiates Formal Review Process
A year of policy alignment, project advancement, and balance-sheet…
Edison expands its ship fleet
Edison expands its ship fleet: contract signed with Knutsen for a new LNG…
Russia's oil and fuel export revenues touch lowest level since Ukraine invasion, IEA says
November revenues drop to just under $11 billion Energy sector under…
Samsung Heavy Industries Develops Offshore SMR, Accelerating Commercialization
Floating Offshore Nuclear Power Platform FSMR Receives US ABS…
Five offshore wind themes to watch in 2026
The offshore wind market slowed further in 2025, prompting a shift in…
Westing Management Solutions enters the Moldovan Market: Modern Solutions for Renewable Energy, Storage, and Smart Digitalisation
The Republic of Moldova's energy market continues to attract international…
Schneider Electric debuts One Digital Grid Platform to help utilities modernise and address Energy Costs
AI-enabled platform integrates planning, operations and asset management…
Russia's monthly oil and gas revenue poised to hit lowest since August 2020
Annual oil and gas revenue to fall short of budget projection Returns…
EU countries' ambassadors approve phase out of Russian gas imports
European Union countries' ambassadors on Wednesday greenlit the bloc's…
Nakwol Offshore Wind Farm begins commercial power generation
Korea’s Largest Offshore Wind Power Project Starts Partial Operation…
Oil and Gas Price Mechanism – Setting the right baseline by Westwood
HM Treasury’s Oil and Gas Price Mechanism (OGPM) aims to replace the Energy…
Korean Government aims to expand Offshore Wind Power to 25GW by 2035
Plans to Secure Annual 4GW Installation Capacity Through Dedicated Port…
BYD Energy Storage and Corvus Energy sign strategic MoU to accelerate marine battery innovation
BYD Energy Storage, a global leader in the energy storage sector, and Corvus…
While Global methane goals stall, Montrose Environmental Group helps clients significantly cut emissions
Advanced leak detection and repair program prevents emissions equal to the…
Borr Drilling announces pricing of additional senior secured notes offering
Borr Drilling Limited announced that its wholly owned subsidiary Borr IHC…