Russian oil freight rates from Baltic ports to India ease as more Western shipowners return

Freight rates for Russian oil supplies from its Baltic ports to India are…


India’s Reliance to stop buying Venezuelan oil over US tariffs, sources say

India’s Reliance Industries, operator of the world’s biggest refining complex,…


McDermott selected by Shell for Enterprise Framework Agreement

McDermott has been selected by Shell Global Solutions International B.V.…


New Whitepaper supporting fleet optimisation with data driven hull performance management

International®, AkzoNobel's marine coatings brand, has published a new…


Monjasa completes Panama’s first ever biofuel supply with NYK

Global top 10 marine fuels supplier, Monjasa, delivered a total of 900 metric…


Sembcorp and Becamex expand VSIP partnership with new MOUs

MoUs for prospective VSIPs in Binh Duong, Haiphong City, Hai Duong, Hung…


HSFO cash premiums down for eighth straight session

Asia’s high sulphur fuel oil cash differentials remained week on Monday as…


Prosafe enters agreement to sell Safe Scandinavia for recycling

Prosafe SE, through a wholly owned subsidiary, has entered into an agreement to…


Asian spot LNG prices remain near three-month low amid ample supply

Asian spot liquefied natural gas (LNG) prices rose slightly this week but…


Equinor acquires onshore wind farm in southern Sweden

Equinor has acquired the operational 95 MW Lyngsåsa wind farm from SUSI…


MOL deploys the world's first ammonia-fueled capesize bulkers and chemical tankers

Mitsui O.S.K. Lines, announced that MOL and its MOL wholly-owned subsidiary MOL…


Eni and Vitol strengthen collaboration in West Africa

Eni and Vitol have agreed that Vitol will acquire interests in certain assets…


Plenitude begins construction of a new 90MW solar power plant in Spain

La Flota photovoltaic system will be built with solar tracking structures and…


Apollo partner with bp on TANAP gas pipeline

Apollo Funds invest ~$1 billion for non-controlling shareholding in BP…


The Gyda Project successfully completed

The Gyda decommissioning and recycling project has officially ended, marking…


Oil prices likely to be lower in 2025 than last year

Brent crude oil prices are projected to average $73 per barrel in 2025, down…


Volue and Deftpower join forces to advance smart EV charging in Norway

Volue and Deftpower have formed a strategic partnership to accelerate the…


WattHub develops second fast-charging plaza on Maasvlakte in Rotterdam

In the summer of 2025, WattHub, a partnership between Van Oord and…


lomarlabs and Newlight collaborate to pioneer hybrid hydrogen-diesel retrofits for greener shipping

Strategic collaboration to pilot hydrogen-diesel engine retrofits, reducing…


MOL starts use of Bio-LNG fuel for car carrier Celeste Ace

Key Milestone toward Achieving Net Zero Emissions by 205 Mitsui O.S.K. Lines,…


Europe Gas: Prices ease ahead of Trump-Putin phone call

Dutch and British wholesale gas prices eased on Tuesday morning as the market…


Contract award for “Normand Subsea”

Solstad Offshore ASA is pleased to announce a contract award with Subsea7 for…


US natgas prices edge up on record flows to LNG export plants, cooler forecasts

U.S. natural gas futures edged up about 1% on Tuesday on record gas flows to…


Fitch Ratings increases near-term gas price assumptions, oil prices unchanged

Fitch Ratings has raised its TTF gas price assumptions for 2025 and Henry Hub…


Deferred well P&A could add $5.5bn to UK decommissioning bill by Westwood

Political and fiscal uncertainty has undermined investor confidence in the UK…


Don’t bank on “Drill, Baby, Drill”

One the Trump Administration’s mantras has been communicating intentions to…


HSFO premiums hold stable to softer

Spot premiums for high sulphur fuel oil (HSFO) were largely stable on Monday,…


Israel awards natural gas exploration licences to BP, Socar and NewMed

Israel awarded licences to BP BP., Azeri national oil firm Socar and local…


Why e-methanol is a game changer for decarbonising shipping and industry

Worldwide, policy-makers and industry leaders are ramping up the…


Dan-Bunkering completes Union Bulk’s first biofuel operation in Singapore

Dan-Bunkering has completed Union Bulk’s first ever bunkering of biofuel in…


Indian refiners turn to Latin America, Africa to replace Russian oil in Feb, data shows

India’s crude oil imports from Latin America and Africa rose marginally in…


Russian diesel continues to flow to Syria on US-sanctioned tankers, data shows

A second tanker under U.S. sanctions is moored near the Syrian port of Banias…


Why isn’t methanol catching up (yet)

DNV’s latest vessel order tally shows a clear divide. Investments in…


Axpo enters LNG bunkering in Spain with first MSC delivery supporting growing demand for greener maritime fuels

Axpo has concluded a first delivery of liquified natural gas (LNG) to MSC, the…


Singapore marine fuel sales slip to lowest in 20 months

Singapore marine fuel sales fell to their lowest in 20 months in February,…


Gas to Europe from Halten East

Equinor has started production at the Halten East development in the…


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…


US LNG exporters seek to renegotiate deals to cover rising costs

Several U.S. LNG producers are trying to renegotiate higher prices with buyers…


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……


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…


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…


Saipem and Divento sign collaboration agreement for floating wind in Italy

Saipem and Divento, a partnership between Copenhagen Infrastructure Partners,…


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…


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…


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…


EU plans to boost green aviation and shipping fuels, but sends worrying signal on 2040 climate goal

T&E reaction to EU Clean Industrial Deal, Action Plan for Affordable…


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…


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…


bp launches strategic review of global lubricants business

bp is carrying out a strategic review of its Castrol business with the…


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…


bp and Iraq reach final agreement for redevelopment in Kirkuk

bp reached agreement on all contractual terms with the Government of the…


Argus launches FuelEU greenhouse gas reduction prices

Global energy and commodity price reporting agency Argus has launched two…


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…


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…


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