Energy.
European gas touches €100 for first time since 2022 energy crisis as consumers, industry feel the pain
Europe's benchmark natural gas contract briefly touched €100 per megawatt hour (MWh) on Wednesday as disruptions to Middle East shipping of liquefied natural gas keep supply tight ahead of winter and consumers and industry feel the pinch from high energy prices. Prices have been rising to 2022 highs as the conflict in the Middle East has escalated, and are now trading at around triple…
NatPower Marine and ZEBOX partner to accelerate the deployment of maritime energy infrastructure
ZEBOX and NatPower Marine announce a strategic partnership to accelerate the development and deployment of energy infrastructure supporting the decarbonisation and electrification of ports and…
TotalEnergies strengthens its partnership with SAPETRO to support the fast development of OPL257 in Nigeria
TotalEnergies has signed a Farm-Out Agreement to sell to South Atlantic Petroleum Limited a 40% participating interest in offshore block OPL257, Nigeria. Upon completion of this transaction,…
Borr Drilling Prospector 5 Rig Incident Update
Borr Drilling Limited provides an update on the Prospector 5 incident offshore Gabon, first announced by the Company on October 25, 2026. Of the 115 personnel on board at the time of the incident,…
European gas touches €100 for first time since 2022 energy crisis as consumers, industry feel the pain
Europe's benchmark natural gas contract briefly touched €100 per megawatt hour (MWh) on Wednesday as disruptions to Middle East shipping of liquefied natural gas keep supply tight ahead of…
NatPower Marine and ZEBOX partner to accelerate the deployment of maritime energy infrastructure
ZEBOX and NatPower Marine announce a strategic partnership to accelerate the development and deployment of energy infrastructure supporting the decarbonisation and electrification of ports and…
TotalEnergies strengthens its partnership with SAPETRO to support the fast development of OPL257 in Nigeria
TotalEnergies has signed a Farm-Out Agreement to sell to South Atlantic Petroleum Limited a 40% participating interest in offshore block OPL257, Nigeria. Upon completion of this transaction,…
Borr Drilling Prospector 5 Rig Incident Update
Borr Drilling Limited provides an update on the Prospector 5 incident offshore Gabon, first announced by the Company on October 25, 2026. Of the 115 personnel on board at the time of the incident,…
Equinor doubles North Sea gas discovery estimate
A new appraisal well in the Afrodite discovery near the Kvitebjørn field shows that the recoverable gas volumes may be more than twice as large as previously estimated. The recoverable volumes of…
MOL signs long-term charter contract with Deutsche ReGas for Energie-Terminal “Deutsche Ostsee” in Germany
Playing a key role in Strengthening Germany's and Europe's import solution Mitsui O.S.K. Lines, and Deutsche ReGas announced that they have entered into a long-term Time Charter Contract with…
Trafigura signs USD1.5 billion loan agreement guaranteed by the Federal Republic of Germany to secure gas supply
Trafigura has entered into a USD1.5 billion five-year loan agreement, supporting a contract for Trafigura to supply more than 150TWh of natural gas to SEFE Securing Energy for Europe (SEFE) over the…
DNV finds Aker BP and Höegh Evi’s ship-based CO₂ injection concept feasible
DNV ASSESSMENT ADVANCES AKER BP AND HÖEGH EVI’S SHIP-BASED CO₂ TRANSPORT AND OFFSHORE INJECTION CONCEPT DNV, the independent energy expert and assurance provider, has issued a Statement of…
Equinor opens Kårstø Marine Robotics Centre
New test and development arena aims to strengthen Norway’s position in marine robotics and support safe, efficient energy production. On 28 October the Kårstø Marine Robotics Centre (KNARR)…
Artificial intelligence (AI) in the petroleum industry is in need of better oversight and management
AI is increasingly used in the petroleum industry. A survey by the Norwegian Ocean Industry Authority (Havtil) shows that operating companies have varying levels of maturity in managing AI,…
First NABEP Crude Cargo Under U.S. Agreement Arrives in Texas
Shipment of 1 million barrels arrived as NABEP production passes 223,000 barrels of oil equivalent per day. Two tankers carrying 1 million barrels of Venezuelan crude produced by North American Blue…
TotalEnergies enters 26 Chevron-Operated Offshore exploration blocks, strengthening the successful U.S. Partnership between both companies
TotalEnergies announces the acquisition of a 25% working interest in 26 Chevron-operated exploration leases offshore the United States. As part of the transaction, Chevron also acquires from…
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