Eni signs agreement for KKR to enter Enilive’s share capital

Eni and KKR have signed an agreement under which KKR will take a 25% stake in…


Sembcorp and PT PLN EPI sign joint development agreement for Southeast Asia's largest green hydrogen project

Sembcorp Industries  through its wholly-owned subsidiary, Sembcorp Utilities ,…


LR publishes recommended practices for floating offshore wind turbine support structures

Lloyd's Register has published its first Recommended Practice  for Floating…


Equinor was notified of smoke development on the Sleipner B platform

The emergency vessels Skandi Mongstad and Esvagt Bergen have used seawater to…


Saudi Aramco CEO ‘fairly bullish’ on China oil demand

Saudi Aramco is “fairly bullish” on China’s oil demand especially in light of…


Next wave of LNG supply delayed to 2027 due to project hold-ups, TotalEnergies says

The next wave of liquefied natural gas (LNG) supply will come online from…


Don’t get too excited about China’s growing natural gas use

China has boosted imports of liquefied natural gas (LNG) this year to the…


Asia Fuel Oil-VLSFO premium treks higher but capped by supply uptick

Spot premium for 0.5% low sulphur fuel oil (VLSFO) continued to trek higher on…


Gasum and ABB deliver first of its kind energy market optimization solution

The new multi-market optimization solution offers customers comprehensive…


CNOOC brings On-stream Xijiang 30-2 Oilfield Xijiang 30-1 Block development project

On October 22, CNOOC Limited announced that Xijiang 30-2 Oilfield Xijiang 30-1…


Asia Fuel Oil-Spot premiums post mild gains after Nov bids inch up

Spot premiums for fuel oil climbed on Monday after bids for November cargoes…


Qatar LNG sales to key Asian markets confronted by US, UAE rivalry

Qatar facing increasing competition from US, UAE Competitors offer flexible…


China’s surplus crude oil hits nearly 1 million bpd for September

The weak position of China’s crude oil sector was underlined by September data…


Norway gas output misses forecast in September

Norway’s combined petroleum output lagged an official forecast by 1.7% in…


McDermott recognised for leadership in Garnet recycling by GMA Middle East

McDermott has been awarded Platinum status in the Used Garnet Return Rewards…


Russia’s oil and gas revenue to leap in October by 52% m/m, Reuters calculations show

Russia’s oil and gas revenue in October is set to jump to 1.17 trillion…


Plenitude starts construction of a new 220MW solar plant in Villarino de los Aires in Spain

The solar plant, located in Salamanca, is one of the largest in Castilla y León…


TotalEnergies sells its fuel distribution activities to SIM Distribuidora in Brazil

TotalEnergies has signed an agreement to sell its fuel distribution activities…


Subsea7 awarded contract in the US Gulf of Mexico

Subsea7 announced the award of a sizeable 1 contract for a subsea tieback…


Rockhopper Exploration announced extension of Falkland Islands’ Petroleum Production Licences

Rockhopper Exploration, the oil and gas company with key interests in the North…


Oil prices are forecast to average $80/bbl in the last quarter of 2024

Key takeaways Since the outbreak of the conflict in Gaza last October, spikes…


Asia Fuel Oil-Spot premiums stable, margins gain for second week

Spot premiums for fuel oil were little changed on Friday, though refining…


Heightened Egyptian demand in tight market buoys European fuel oil prices

A spike in Egyptian imports of fuel oil used for power generation has…


Singapore fuel oil stockpiles recover for third straight week

Onshore fuel oil stored at key trading hub Singapore recovered for a third…


Tankers carrying Russian LNG drop Arctic routes as winter approaches, data shows

Ships carrying Russian liquefied natural gas (LNG) to Asia are returning to…


Global refinery margins fall to multiyear seasonal lows in September

Refinery margins for petroleum refiners across the world are shrinking,…


Al Seer Marine secures 80 Million financing from BOCOM elasing for MR tankers Betelgeuse and Bellatrix

 Al Seer Marine, a frontrunner in the maritime industry and a subsidiary of…


MT Group build the first hydrogen station in the Baltic States within the Klaipeda Port

Lithuania enters a new milestone in the production of green fuels – MT Group,…


Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens

Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a…


Petrobras signs three concession contracts in the Pelotas Basin

Petrobras, following up on Communication of December 13, 2023 and August, 30,…


Doosan enerbility partners with Siemens Gamesa and Equinor for Offshore Wind Project

Doosan Enerbility has taken a significant step forward in the renewable energy…


Singapore marine fuel sales down for second month in Sept, though biofuels climb

Sales of marine bunker fuel at Singapore eased for a second consecutive month…


Gasum opens Norway’s largest biogas station in Bærum

Nordic energy company Gasum has on 15 October opened a biogas filling station…


Eni aims to boost contracted LNG portfolio to 18 MMt/year, double shipping fleet

Shifting focus to Asia with demand growth, new output from Indonesia To take…


Subsea7 awarded contract in the US Gulf of Mexico

Subsea7 announced  the award of a sizeable  contract for a subsea tieback…


ExxonMobil secures largest CO2 offshore storage site in the U.S

ExxonMobil has secured access to over 271,000-acres in Texas state waters;…


OPEC cuts 2024, 2025 global oil demand growth view again

Crude Oil Price Movements In September, the OPEC Reference Basket (ORB) value…


Chevron commits an additional 250,000 to Hurricane relief eforts

Chevron announced a donation of $250,000 to support relief and recovery efforts…


Algeria’s gas market outlook: 5 key takeaways

Algeria’s sales gas production has increased by 25% over the last four years,…


Asian spot LNG slips on tepid demand, ample supply

Asian spot liquefied natural gas (LNG) slightly slipped this week as demand…


Oil prices may climb higher amid risk of Middle East supply disruptions

Oil prices jumped last week after Iran struck Israel in a missile attack,…


Anthony Veder pioneers wind assisted propulsion on gas carrier

VentoFoils to reduce carbon footprint immediately Anthony Veder proudly…


TotalEnergies expands global LNG bunkering footprint

TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal…


Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy

Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it…


Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say

Two Indian state refiners have bought 2 million barrels of Venezuelan crude…


Singapore top marine fuel supplier Equatorial expands fleet

Singapore’s largest bunker fuel supplier Equatorial Marine Fuel is expanding…


Marine fuel additives reduce emissions and enhance engine efficiency: World Fuel Services new white paper

World Fuel Services, A World Kinect (NYSE: WKC) Company, (World Fuel) has…


Indonesia’s Pertamina seeks more 1.6 mln bbls gasoil for Oct, sources say

Indonesia’s Pertamina is seeking for more 1.6 million barrels of high sulphur…


Peninsula expands physical supply operations in the UAE

Global marine fuel supplier Peninsula has announced physical supply operations…


Rijeka Gateway to be fully powered by renewable electricity

Rijeka Gateway, the largest project in the logistics sector in Croatia, has…


Asia Fuel Oil-VLSFO rebounds on firmer trading activity

Spot premium for very low sulphur fuel oil (VLSFO) rebounded on Tuesday after…


U.S. natural gas-fired electricity generation set new daily records in summer 2024

U.S. natural gas-fired power plants generated more than 7 million…


Petrobras posts record gasoline production in the third quarter

Brazilian state-run oil firm Petrobras PETR4.SA produced a record 436,000…


US LNG exports dip in September on plant maintenance

U.S. exports of liquefied natural gas fell slightly in September as plant…


Gasum is planning a FuelEU maritime pooling solution together with Wasaline

Gasum’s pooling service is a simple and easy way for conventional fuel vessels…


TotalEnergies signs a renewable electricity supply agreement with Saint-Gobain decarbonizing French Industry

TotalEnergies has signed with Saint-Gobain a Power Purchase Agreement (PPA),…


LNG-fuelled vessels accelerate to 6% of the global fleet

Expansion and orderbook underline practical reality of LNG pathwa Industry…


McDermott announces agreement to sell CB&I storage business line to consortium of financial investors

Transaction Follows Comprehensive Marketing Process, Culminating in Winning…


KPI OceanConnect collaborates with WAN HAI Lines on its first biofuel delivery in Singapore

Leading shipping liner celebrates first biofuel bunker delivery in major global…


Equinor reports on Norwegian development projects

Equinor is the operator of 19 projects currently under development in Norway.…


Sembcorp Solar Singapore lead skills development for energy and power sector as skillsfuture Queen Bee

Sembcorp Solar Singapore, a wholly-owned subsidiary of Sembcorp Industries, has…


Integrated power in Germany TotalEnergies joins RWE in two offshore wind projects

TotalEnergies has signed an agreement with RWE to acquire a 50% stake in two…


Asian spot LNG price flat on weak demand during China holiday

Asian spot liquefied natural gas (LNG) remained flat for a second consecutive…


Goldman Sachs says crude could spike by $20 on Iran oil shock

Oil prices could shoot up $20 per barrel if Iranian production sees a hit,…


What Israel’s potential response could mean for the oil market

Oil prices firm amid growing supply risks ICE Brent is trading more than 8%…


Chevron to Increase Gas Supplies to Angola LNG

Energy supermajor Chevron will supply 600 million standard cubic feet of gas…


Asia Fuel Oil-HSFO cash premium slips to over five-month lows

Cash premium for 380-cst high sulphur fuel oil (HSFO) extended declines on…


Europe Gas: Prices ease but Middle East risk premium remains

Dutch and British wholesale gas prices eased on Thursday morning but remain…


Singapore high-sulphur marine fuel premiums spike on tight prompt supply, sources say

Spot premiums for 380-cst high-sulphur marine fuel at Singapore, the world’s…


Secure gas and LNG value chains call for greater international co-operation

The architecture of global gas supply security needs to be carefully…


Solstad Offshore introducing renewable Biodiesel

Solstad now offers certified renewable biodiesel to its clients to decarbonize…


The new global architecture for renewable fuels transport takes a major step forward

The Clean Energy Marine Hubs (CEM Hubs) welcomes the government of Greece to…


E-Fuels projected to be available for next zero emission maritime buyers alliance (ZEMBA) tender

New ZEMBA report finds e-fuel-powered container shipping services could be…


Provaris demonstrates RED II compliance for its compressed hydrogen supply chain

Provaris Energy is pleased to report the preliminary results for meeting…


Taking the pulse of the global LNG industry

The WoodMac team were out in force at last week’s Gastech 2024 in Houston, the…


Aker Solutions secures Troll Phase 3 stage II topside modification contract

Aker Solutions has been awarded a sizeable EPCIC contract by Equinor to prepare…


PETRONAS and partners advance Methane emissions reduction efforts in Southeast Asia region

PETRONAS, in collaboration with key players from the Association of Southeast…


Gasum chooses Litra as strategic logistics partner in the Nordic area

Going forward, Gasum’s liquefied gas products will be transported with…


TotalEnergies announces final investment decision for the GranMorgu development on Block 58 in Suriname

Patrick Pouyanné, Chairman and CEO of TotalEnergies, met today in Paramaribo…


Chevron-Hess Merger clears FTC antitrust review

Chevron Corporation  announced the Federal Trade Commission completed antitrust…


Join the 1st CSN Mediterranean Energy Efficiency & Sustainability Conference, Today 2 October Limassol

“Navigating towards a greener maritime future” Click here for more information……


Russia’s Novak sees oil price volatility easing despite Middle East turmoil

Russian Deputy Prime Minister Alexander Novak expects oil prices’ fluctuations…


New Fortress Energy provides update on its initial FLNG Asset

New Fortress Energy provides an update on its initial Fast LNG asset located…


McDermott awarded FEED contract in Mozambique

McDermott, through a consortium with Saipem and China Petroleum Engineering and…


Van Oord completes FSRU jetty at Wilhelmshaven in Germany

Van Oord has successfully completed the construction of the Floating…


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