Energy.
Equinor gas discovery at the Gullfaks field in the North Sea
Equinor and its partners have discovered gas at the Gullfaks South field, 190 kilometres northwest of Bergen. Between 0.5 million and 1.6 million standard cubic metres of recoverable oil equivalents have been discovered. This corresponds to 3.3 to 10.3 million barrels of oil equivalent. The exploration well was drilled as a sidetrack in connection with the drilling of a production well. “It is…
Iraq seeks to buy crude oil tankers to handle shipments beyond Strait of Hormuz: INA
Iraq ships first VLCC cargo past Hormuz State tanker firm eyes fleet expansion plan SOMO gains pricing flexibility with new route Iraqi Oil Tankers Co. aims to purchase and own…
MOL Ocean Bulk joins world’s 1st Tri-Fuel Ore Carrier Project
25-Year Iron Ore Transport Contract Signed with Vale Mitsui O.S.K. Lines, announced that MOL Ocean Bulk, which operates the MOL Group's overseas Capesize bulker business, has signed a 25-year…
Reinforcement of the Afsluitdijk completed Coastal protection
Dutch Minister of Infrastructure and Water Management, Vincent Karremans, officially commissioned the new pumping station and new discharge sluices at Den Oever, marking the completion of the…
Fuel Switch Snapshot: Gas slide narrows LNG and LBM premiums over fuel oil – ENGINE
B100's premium over VLSFO widens to $40/mt in Rotterdam
Singapore's B100 draws level with LSMGO
Rotterdam's B30-VLSFO swings to $2/mt premium over VLSFO
Systema Foundation: a new Alliance to strengthen the competitiveness of Italy’s productive system
Businesses, industry, finance and associations join forces for competitive supply chains in the transition Rome, 29 September 2026 – On the occasion of Open-es ACT 2026, the event dedicated to…
Petrobras signs long-term agreement for the purchase and sale of Liquefied Natural Gas with U.S. company Cheniere Marketing, LLC.
Petrobras has signed a long-term Liquefied Natural Gas (LNG) purchase and sale agreement with Cheniere Marketing, LLC, a U.S. company and subsidiary of Cheniere Energy, Inc. (NYSE: LNG). The…
Australia’s accelerated coal phase-out demands swift dispatchable capacity replacement, says GlobalData
Australia operates one of the world’s fastest-decarbonizing power systems, marked by a rapid structural shift away from thermal baseload generation toward solar, wind, and storage. With the…
GasEntec receives approval in principle from Lloyd’s Register for 1 Bcf/d Multi-Mode Regasification System, among the world’s largest and most flexible FSRU designs
GasEntec, the global LNG technology and assets company, announced it has received Approval in Principle from Lloyd's Register for the design of a 1 billion cubic feet per day liquefied natural gas…
TechnipFMC awarded iEPCI® contract for PETRONAS’ Limbayong Project Offshore Malaysia
TechnipFMC announced that its subsidiary, FMC Wellhead Equipment has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by PETRONAS Carigali S.…
Azane secures ammonia supply agreement with Yara
Azane Fuel Solutions has signed an ammonia supply agreement with Yara Norge , securing access to ammonia for Azane's marine fuel activities. The agreement represents an important step in…
World’s First Hydrogen-Fueled Engine for Large Commercial Vessels successfully completes land-based testing
Greenhouse Gas (GHG) Emissions Reduced by More Than 95% Compared with Conventional Heavy-Fuel-Oil Engines As part of NEDO's "Green Innovation Fund Project / Next-Generation Ship Development", Japan…
Hornbeck Offshore awarded Multi-Year Decommissioning Contract in the North Sea
Hornbeck Offshore Services, Inc., a premier integrated offshore services company, today announced that its subsidiary Helix Well Ops (U.K.) Limited has secured a multi-year decommissioning…
Lower-carbon steel and permanent storage CCS expands across the Gulf Coast
We are now capturing, transporting and storing captured CO₂ from Nucor's direct reduced iron facility in Convent, Louisiana, supporting lower-carbon steel production. Nucor is our third active…
FUJAIRAH DATA: August bunker fuel sales resume decline after July increase
Ship fuel sales at the Port of Fujairah on the eastern coast of the UAE in August fell 2.7% from July, when sales had their first increase since the US/Israel war with Iran began in February,…
New gas power policy of China’s Guangdong province drives structural shift from baseload to peak-only dispatch, resulting in reduced running hours
A major shift in Guangdong’s gas power dispatch policy is changing the role of gas-fired generation. Fleets are moving from baseload to mostly peak-only operations, which may reduce long-term gas…
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