bp further simplifies portfolio with agreement to sell Gelsenkirchen refinery to Klesch Group

Transaction accelerates delivery of bp’s strategy to simplify its portfolio…


Rotterdam’s LNG price rally intensifies as Iran hits Qatar’s biggest LNG facility

This sharp rise is largely driven by an almost 30% increase in the front-month…


Lower vessel calls and fuel sales weigh on Singapore’s conventional bunker sales in February

A smaller number of vessels arriving to bunker during the shorter month of…


Equinor strengthens helicopter capacity in Bergen

Equinor has awarded Bristow Norway AS a contract for helicopter services in…


Liz Westcott appointed Woodside CEO

The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief…


Oil prices rise despite IEA reserves release

Drawdown of stocks provides temporary relief, but reopening the Strait of…


New Fortress Energy signs restructuring support agreement

New Fortress Energy announced that it has entered into a Restructuring Support…


Equinor new oil discovery strengthens the development of Johan Castberg

Equinor has made an oil discovery that will be tied into the Johan Castberg…


CSM Energy marks major milestone for next-generation onshore and offshore wind vessel project

CSM Energy has marked a significant milestone in the development of the next…


Biofuel Bunker Snapshot: Surging VLSFO prices weigh on B30 premiums

Europe Iran has blocked oil cargo shipments through the Strait of Hormuz,…


Total Energies start-up of the new gas consortium Quiluma offshore gas field in Angola

TotalEnergies announces the start of production from the Quiluma field, in…


Seadrill announces contract extension in Angola

Seadrill Limited  announced Sonadrill Holding, its 50:50 joint venture with an…


Hanwha Ocean launches Subsidiaries Home and Abroad to boost Offshore Business

Hanwha Ocean Establishes New Subsidiaries in Singapore and Domestically…


Equinor’s investigation report following the fatal accident at Mongstad is complete

Equinor has completed its internal investigation into the workplace accident…


PETRONAS confirms Hydrocarbon Discovery at Barokah-1, East Java of Indonesia

PETRONAS, through its subsidiary PETRONAS North Ketapang Sdn. Bhd. has made its…


Seadrill announces appointment of Samir Ali as CEO

Seadrill Limited announced a leadership change, effective immediately. Samir…


KOGAS strengthens energy security with Canadian LNG Project

KOGAS’s 15 Years of ‘Perseverance’ in LNG Canada Project Contributes…


Impact of Middle East conflict on TotalEnergies Activities

Confirmation of information released on Company’s website on…


The Week in Alt Fuels: Fuel reckoning

A war-driven oil shock has once again exposed shipping’s vulnerability to…


Yanbu VLCC liftings broaden as freight premiums surge

In March, Saudi Aramco began diverting crude exports to Yanbu as the East-West…


Hormuz oil flows down 97% from normal levels, Goldman Sachs says

Oil flows through the Strait of Hormuz have collapsed amid the escalating…


LNGC loadings down in Qatar post force majeure, as the conflict continues

Drewry AIS shows Qatar loaded only 7 LNGCs in week 10 (ending 6 March) due to…


Worley selected by Chevron Cyprus for Aphrodite Gas Field Development FEED

Worley has been selected by Chevron Cyprus Limited (a subsidiary of Chevron…


SLB OneSubsea announces agreement to acquire subsea business of Envirex Group AS

Global energy technology company SLB (NYSE: SLB) announced today that its…


LNG Bunker Snapshot: Prices spike as Middle East crisis rattles global supply

LNG bunker prices in Rotterdam and Singapore have surged sharply as Middle…


DNV study for EMSA calls for design‑based safety approach for hydrogen‑fuelled ships

DNV has delivered the European Maritime Safety Agency commissioned multi-year…


TotalEnergies announces the restart of production at the Mabruk field in Libya

TotalEnergies announces the restart of production at the Mabruk oil field in…


China may resume US crude imports on supply crisis after 9-month gap

Chinese state-run refiners may resume US crude imports after a nine-month…


S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

QatarEnergy’s force majeure declaration on LNG exports has put Asian buyers…


OPEC retains Oil Forecast, says Saudi Arabia increased oil production prior to Iran War

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


Global Bunker prices surge by 30-35%, tracking soaring crude as US-Iran crisis persists

Global bunker fuel prices have surged by 30-35% over the past week as the…


Bernhard Schulte Offshore takes delivery of new CSOV ‘Windea Carnot’

Bernhard Schulte Offshore (BSO) has taken delivery of a new Commissioning…


Oil built the Persian Gulf. Desalinated water keeps it alive. War could threaten both

As missiles and drones curtail energy production across the Persian Gulf,…


Equinor enters bio-methanol agreement with Wallenius Wilhelmsen

Equinor has entered into a 2-year bio-methanol supply agreement with…


Total Energies announced start-up of Lapa South-West in Brazil

TotalEnergies announces the start-up of the Lapa South-West project, located in…


Can euro zone growth withstand the energy shock? Barclays weighs risks

Euro zone economic growth faces its stiffest test in years as surging energy…


Trafigura’s MorGen Energy reaches final investment decision for 20MW green hydrogen project in Wales

Trafigura, a market leader in the global commodities industry,  announces that…


MOL acquires stake in V Ships France, expands LNG fleet under management

V.Group, the global ship manager and marine services provider, has announced a…


MSC Shipping to impose emergency fuel surcharge on Mediterranean routes

MSC Shipping (private company) will implement an emergency fuel surcharge on…


Two new discoveries in the North Sea

Equinor has discovered oil in the Troll area and gas and condensate in the…


Woodside Launches Trion Drilling Campaign

Woodside Energy, in partnership with Petróleos Mexicanos (PEMEX), has…


Trafigura signs battery-grade lithium carbonate offtake agreement with Smackover Lithium

Agreement secures 80,000 tonnes of battery-grade lithium carbonate from US…


Lamprell signs MOU with RTE international

Lamprell announced that it has signed a strategic Memorandum of Understanding…


New interchange to support Pilbara’s clean energy future

The new Great Northern Highway Lumsden Interchange at Port Hedland in Western…


Analysts see oil at $100/bbl amid Hormuz disruption

Crude oil market analysts have warned that the ongoing disruption to oil flows…


Strait of Hormuz shutdown sends Oil and LNG Prices surging as Middle East conflict escalates says ICIS

The US and Israel launched surprise missile strikes on Iran on 28 February,…


Borr Drilling provides operational update on Arabian Gulf operations

Borr Drilling Limited provided an operational update following recent…


MOL partners with Schoeller Holdings for European Offshore Wind Debut

Mitsui O.S.K. Lines, has decided to jointly own two Commissioning Service…


CM Hong Kong completes first Green Methanol bunkering, driving Green Transformation of its International Shipping Hub

5 March 2026, the world’s first methanol dual-fuel roll-on/roll-off vessel, CM…


SFL announces $170 Million contract for Semi-Submersible Rig Hercules

SFL Corporation announced that it has signed a drilling contract in Canada with…


Skuld’s experiences on biofuels

Biofuels are renewable fuels derived from biological sources, such as…


TotalEnergies publishes independent assessment of the Land Acquisition Program in Uganda

TotalEnergies, operator of the Tilenga Project in Uganda through…


Pilbara Ports signs MOU with Yara Pilbara on low-carbon ammonia bunkering hub

Pilbara Ports has taken a step further towards development of a low-carbon…


Middle East conflict hits shipping, oil prices

The latest escalation in the Middle East is rippling quickly through trade.…


How will the Iran conflict impact oil prices?

Oil jumped following US and Israeli strikes in Iran. For energy…


PETRONAS posts lower profit Amid Market Headwinds, strengthens resilience to deliver long-term value

For the financial year ended 31 December 2025, PETRONAS recorded lower revenue…


MOL establishment of the Japan-New Zealand hydrogen corridor

Study begins toward commercializing hydrogen production in New Zealand and…


Hanwha Ocean’s Leviathan Gas Field Project faces unforeseen suspension

Hanwha Ocean Hit by ‘Operations Suspension’ Bolt from the Blue Right After…


Gas and oil prices soar and shares tumble as crucial shipping lane threatened

Gas prices have spiked and stock markets indexes tumbled after an Iranian…


European natural gas prices spike amid Qatar LNG output stoppage

Natural gas prices in Europe soared by more than 28% on Tuesday, as the…


India likely to maintain Russian oil purchases

India’s crude and condensate imports reached a record 5.3mbd in February.…


DRIFT Energy and Enapter to develop marinised electrolyser technology for offshore hydrogen production

• DRIFT Energy and Enapter have entered into an agreement to develop a fully…


Oil prices jump as Iran conflict escalates, disrupts shipping

Brent ends up nearly 7%, US crude gains 6% Iran's…


Prysmian takes the next step for increased power in affordable submarine cables

Prysmian has completed testing and is ready to launch the new…


PwC projects $127 Billion Moon Economy – But energy infrastructure may be the real bottleneck

As NASA revises Artemis and PwC outlines $127 billion revenue by 2050 for the…


Investigation following well control incident on Deepsea Bollsta

Equinor has completed the investigation of a well control incident on the…


The Potential of Nuclear-Powered Ships Moves to the Forefront at Posidonia 2026

Is the atom the answer to the puzzle of alternative fuels for shipping? Could…


SolarDuck launches Advisory Board to accelerate development in subsea segment

Scale-up strengthens its Offshore Floating Photovoltaic strategy with expert…


How to track crude re-routing in a fragmented market

Crude re-routing signals rarely appear in headlines first – they show up in…


TotalEnergies partners with AllianzGI to develop 800 MW of battery storage projects in Germany

TotalEnergies is selling to Allianz 50% of its stake in 11 battery…


Oil discovery in the Snorre area – planning for rapid development

Equinor and its partners have made a commercial oil discovery in the Snorre…


Coral Cyprus (Shell Licensee) certified as a Great Place To Work®

People as the driving force of the organization Coral Cyprus (Shell Licensee),…


Britain’s Shore Power Problem Is Not Technology — It’s Economics

The commercial challenges facing publicly funded shore power projects in…


UK backs maritime services ban on crude oil, refined products

The UK would support a full maritime services ban on Russian crude oil and…


The Week in Alt Fuels: Spain anchors Iberian biomethane push

A recent report by industry body Gasnam projects that the Iberian Peninsula…


Boskalis secures contract for the inter-array cable system at the Gennaker Offshore Wind Farm

Royal Boskalis B.V. (Boskalis) in consortium with TKF Subsea Solutions B.V.…


Lloyd’s Register advances safe hybrid nuclear power in partnership with Seatransport

Lloyd’s Register (LR) has announced Approval in Principle (AiP) for a hybrid…


Fuel Switch Snapshot: Rotterdam’s LNG and LBM widen price gap over LSMGO

LNG discounts to pure LSMGO in Rotterdam have widened by $40-42/mt over the…


What lies ahead for Russian oil exports?

In the wake of October 2025 Lukoil and Rosneft sanctions, Russia’s oil supply…


TotalEnergies Signs Agreement to Export 2 Mtpa of LNG for 20 years from the Alaska LNG Project

TotalEnergies has signed today a preliminary agreement (Letter of…


Jeju scales hydrogen as energy storage with KraftPowercon’s 5 MW rectifier solution

Jeju Island is becoming an important testbed for industrial-scale hydrogen…


Breakwall Capital and Vitol announce the closing of Valor Upstream Credit Partners II

Breakwall Capital LP , an independent asset management firm specializing in the…


The full potential of STEM education how the ExxonMobil Foundation is making STEM more accessible

STEM jobs are projected to grow more than 10% over the next decade — twice…


Saipem introduces an AI-based predictive maintenance system onboard the Saipem 12000

Saipem has implemented an advanced predictive maintenance system on the Saipem…


ClassNK grants second AiP to Minke Marine’s new air lubrication system as sea trials show fuel savings

Sea trials underway on first system installation aboard Norwegian-owned 55,000…


Venezuelan crude exports rebound as sanctions push trade to compliant fleet says Teekay Tankers

Venezuelan crude exports are expected to return to a typical run rate of…


Mediterranean shows opportunities for transport fuels

Over the past two years, transport fuel flows have experienced increasing…


Greenland Energy advances historic onshore drilling with arctic logistics deal

Pelican Acquisition Corporation and Greenland Energy Secure Critical Arctic…


The Week in Alt Fuels: Methanol bunkering gathers steam

The number of methanol-capable vessels in operation has risen to 112, up from…


Tidewater announces the All-Cash Acquisition of Wilson Sons Ultratug Offshore

Tidewater announced that it has entered into a definitive agreement to acquire…


Biofuel Bunker Snapshot: Global B30-VLSFO prices gain on VLSFO price

ARA and Gibraltar Rotterdam’s B30-VLSFO (POMEME) price and Antwerp’s B30-VLSFO…


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