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…
How Stable is Your Marine Fuel?
Today’s ships can carry a number of different marine fuel types, from High…
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…
What drives natural gas price volatility in Europe and beyond?
Natural gas markets suffered an unprecedented crisis in 2022 and 2023 when…
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’.…
Petrobras may redirect oil to Asia due to US tariff on Brazil, CEO says
Brazilian state-run oil firm Petrobras may redirect the oil it sells to the…
U.S. proved reserves fell in 2023 from 2022 record
U.S. proved reserves of crude oil and lease condensate totaled 46 billion…
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…
European Sustainable Transport Investment Plan – STIP: How to boost investment in clean fuels for shipping
Access to clean maritime fuels is a top priority for the decarbonisation of…
Seatrium to propel offshore innovation with first turnkey FPSO delivery to Petrobras
Seatrium Limited announce the impending delivery of the PETROBRAS 78 (P-78) -…
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,…
Dual fuel, double trouble?
The drive for sustainability in shipping, particularly as a result of FuelEU,…
RaaS Initiation research report on Provaris Energy
"Provaris Energy represents a unique investment opportunity as a leveraged play…
Angola discovers offshore gas in first gas-specific exploration well
Azule Energy, a partnership between BP BP. and Eni ENI in Angola, discovered…
Shipping’s new net zero framework: Where to next?
Real momentum is building behind the global shipping industry’s transition…
Global oil supply growth is set to accelerate in 2025 as demand increase remains modest
Highlights World oil demand growth is forecast to increase by 700 kb/d in…
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…
Russia’s fuel export revenue in June fell 14% from last year, IEA says
Russia’s revenue from sales of crude oil and oil products in June declined by…
Energy markets quickly discount Middle East supply risks
OPEC+ surprises with larger-than-expected supply hike The oil market has had a…
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,…
Russia’s Sakhalin-2 LNG plant resumes loadings after maintenance, LSEG data shows
Russia’s Sakhalin-2 liquefied natural gas (LNG) plant has resumed loadings…
Global crude/condensate supplies show surprising upside despite muted OPEC-8 exports
Global crude/condensate exports (excluding Iran, Venezuela, and Sidi Kerir)…
McDermott awarded offshore contract by Brazil's BRAVA Energia
McDermott has been awarded a sizeable* offshore transportation and installation…
Floating Nuclear Power Plants in the Mediterranean Sea to be evaluated by ABS, Core Power and Athlos
In a step towards the deployment of Floating Nuclear Power Plants, the ABS…
Med ECA: Immediate Operational and Commercial Impact of Implementation
An early look at how the new sulphur limit is reshaping bunker demand, fuel…
Vitol and Breakwall Capital LP announce the formation of Valor Mining Credit Partners
Vitol, a leader in energy and commodities, and Breakwall Capital , a credit…
Wind turbine installation vessel Norse Energi successfully launched at the CIMC raffles shipyard
This week, DEME celebrated the successful launch of its second wind…
PETRONAS signs 20-year agreement with Venture Global to strengthen LNG supply and global reach
PETRONAS, through its subsidiary PETRONAS LNG, has signed a 20-year Sale and…
Rijkswaterstaat and GelreGroen sign contract for ViA15 project
Rijkswaterstaat and the GelreGroen consortium – consisting of Dura Vermeer,…
Capital raising to advance European Development
HIGHLIGHTS: $1.08 million raised from a Placement supported by existing and…
Europe Gas: Prices rebound after losses earlier this week
Dutch and British wholesale gas prices rose on Wednesday morning, rebounding…
Borr Drilling plans to strengthen the balance sheet for continued growth and announces CEO succession plan
Highlights Borr financing package to increase liquidity by $200 million,…
Chevron cylinder oil delivers efficiency gains for Susesea’s bulk carrier fleet
Turkish shipowner, Susesea, has successfully upgraded the cylinder lubrication…
HSFO spot market sinks into wider discounts
Asia’s high sulphur fuel oil (HSFO) differentials widened in discounts on…
TotalEnergies expands its partnership with AES from LNG to Renewable Energy in Caribbean
TotalEnergies expands its long-standing LNG partnership with…
SMT meets industry demands for increased methanol training
Methanol is leading the fight as a cleaner and sustainable alternative marine…
Europe drives LNG import growth as Asia stumbles on higher price
Global imports of liquefied natural gas (LNG) ticked higher in the first half…
In line with its Business Model, TotalEnergies is selling 50% of a Portfolio of Renewable Assets in Portugal
In line with its renewables business model, TotalEnergies announces the…
McDermott and Universiti Malaysia Sabah advance talent development and regional capacity building
McDermott and Universiti Malaysia Sabah jointly announce the signing of a…
A world first: shipping carbon exports for storage
Over the next decade, Wood Mackenzie forecasts global carbon capture capacity…
U.S. refining capacity largely unchanged as of January 2025
According to our latest annual Refinery Capacity Report, U.S. operable…
New uncertainties lie ahead for oil markets
Amid geopolitical tensions and heightened uncertainty over global economic…
“K” LINE starts use of Bio-LNG fuel for car carrier
Kawasaki Kisen Kaisha, is pleased to announce its first use of bio-LNG fuel…
Oil discovery in the Johan Castberg area in the Barents Sea
Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on…
Sapura Energy secures Bursa Securities approval for its regularisation plan
Sapura Energy Berhad announced that Bursa Malaysia Securities Berhad has, by…
GCMD successfully demonstrates world’s first end-to-end value chain for onboard captured CO2
The Global Centre for Maritime Decarbonisation has successfully completed the…
Amon Maritime announces new venture Amon Bulk receives 253 million investment grant from Enova for ammonia fuelled bulk carriers
Amon Maritime has secured a NOK 253 million investment grant from Enova to…
Equinor developing the largest oil producer on the Norwegian continental shelf
Equinor and its partners are investing NOK 13 billion in the third phase of…
Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra
LR will deliver comprehensive advisory services for the landmark green ammonia…