Energy.
Next generation party leaders visit the Edvard Grieg field offshore
Where were party leaders for Young Conservatives, AUF, Progress Party Youth, Centre Youth, Socialist Youth, Young Liberals, Young Christian Democrats and Green Youth when the Edvard Grieg field started oil and gas production in 2016? How do these young politicians view the future of the Norwegian continental shelf and the oil and gas industry? Where might the industry be in 2050 – or in……
Oil flows through Strait of Hormuz rise but remain below pre-war levels
A recovery in world oil demand is underway, with consumption set to rise from its May nadir on seasonal trends and as pent-up demand is released in line with a rebound in product supplies. Annual…
The Week in Alt Fuels: OCCS beyond pilots
Broader commercial deployment of onboard carbon capture and storage (OCCS) technology will depend on regulatory and infrastructure progress. Several shipowners and operators are testing onboard…
Petrobras concludes acquisition of exploration block in São Tomé and Príncipe
Petrobras, following up on the disclosure made on April 17, 2026, announces that it has concluded the acquisition of the interest in and operatorship for Block 3, located offshore São Tomé and…
Vantris Energy records RM145.8 million PATAMI In Q1 FY2027 as recovery momentum continues
Revenue: RM645.2 million • PATAMI: RM145.8 million • Cash, deposits and bank balances: RM1.96 billion • Group Order Book: RM5.9 billion Vantris Energy Berhad and its subsidiaries announced its…
Equinor announced further development of Johan Sverdrup
New volumes in the Johan Sverdrup area provide the basis for Johan Sverdrup phase 4. Equinor and the partnership are now maturing a new subsea development that will help maintain production and…
Shearwater awarded DAS seismic survey contract offshore Guyana
Shearwater has been awarded a Distributed Acoustic Sensing (DAS) seismic program in the Stabroek Block, offshore Guyana, by ExxonMobil Guyana Limited. The two-month scope of work comprises…
LPG flows test the blockade as Hormuz tightens
The June 5–10 reporting period shows a maritime environment under tightening enforcement, but not full immobilization. While Iranian crude exports remain heavily constrained, limited LPG cargoes…
Eni and CDP Venture Capital invest over half a million euros in startup EXE Engineering
Eni, together with CDP Venture Capital, invested €550,000 and announced a collaboration with the startup EXE Engineering in the field of carbon offsetting initiatives in Africa. This new investment…
Chevron enters Libya with new Block Award as part of broader exploration growth strategy
Chevron Corporation by its subsidiary Chevron Business Development EMEA Ltd., has entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. This follows the signing of…
Second Qatar LNG boom spurs Korea-China shipbuilding showdown
Expectations are growing in the global shipbuilding industry for a “second Qatar boom.” Qatar, which has shaken up the global LNG (liquefied natural gas) supply chain by leveraging the world’s…
Aquaterra Energy secures seven figure, multi-well intervention and abandonment contract offshore Spain
Aquaterra Energy, a leading provider of intelligently engineered products and services for well access and offshore developments, has secured a multi-year, seven figure contract with a global…
Lloyd’s Register approval clears path for cubic LNG tank design for LNG-fuelled vessels
The development could widen the use of membrane type LNG fuel tanks into mainstream commercial shipping, including container and cruise ships. Lloyd’s Register has issued an approval in principle…
TGS announces Engagement Phase 9 in the Gulf of America
TGS, a global provider of energy data and intelligence, in strategic collaboration with SLB, announced the launch of Engagement 9, the latest phase of the companies’…
Germany’s gas reserves face crucial energy supply test
In early February, German media outlets reported on the strains affecting Germany's gas reserves. The news magazine Focus warned that the "cold snap devours our gas reserves." At the same time,…
Sulnox sails into Panama deal
Sulnox, the greentech company delivering lower fuel costs and emissions with zero capex, is pleased to announce a distribution agreement with Motor Plus Panama, , part of IHS Holding Group , a…
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