Energy.
World’s first fore-accommodation LNG carrier equipped with MOL’s Wind Challenger receives LR Design Appraisal
LR's Design Appraisal confirms the technical readiness of HD Hyundai Heavy Industries' fore-accommodation LNG carrier design featuring MOL's Wind Challenger hard-sail system. Lloyd's Register has granted Design Appraisal for HD Hyundai Heavy Industries' fore-accommodation LNG carrier design featuring the Wind Challenger wind-assisted propulsion system developed by Mitsui O.S.K. Lines ,…
Asia’s HSFO cash differentials fall to lowest since Dec 2025 on increasing supply
Asia’s high sulfur fuel oil cash differentials declined July 7 to their widest discounts so far in 2026, weighed by expectations of increasing near-term supply from the Middle East, market sources…
Van Oord and Sumitomo consortium sign long-term HVDC framework agreement with SSEN transmission
SSEN Transmission and the Sumitomo Electric and Van Oord consortium have signed a long-term framework agreement to support the delivery of future High Voltage Direct Current subsea transmission…
TotalEnergies divests its distributed Solar Generation Activities in Europe
In line with its strategy to refocus its renewable development on large utility-scale solar and wind farms in order to benefit from economies of scale, TotalEnergies announces that it has…
Venture Global and Atlantic-SEE announce expansion of Long-Term LNG Sales and Purchase Agreement with Greece
Deal doubles quantity of US LNG to be supplied by Venture Global, expanding existing partnership to bolster Central and Eastern European energy security Builds on Venture…
Saipem awarded a new onshore contract in Saudi Arabia
Saipem, has been awarded a new onshore contract for the Uthmaniyah Gas Compression Plant project in the Kingdom of Saudi Arabia. The contract, with a duration of approximately 42 months, was signed…
Rotterdam study sets out pathway for nuclear-powered commercial ship port calls
Joint feasibility and regulatory-readiness study finds existing port safety frameworks could provide a credible starting point for assessment. A new joint study using the Port of Rotterdam as a case…
BIMCO adopts biofuel clause to support transition to low-carbon fuels
BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges as the use of low-carbon fuels in shipping increases. As the shipping industry decarbonises,…
Valmet’s automation boosts energy production flexibility at Fortum in Finland
Valmet is to deliver energy balance and district heating accumulator optimization solutions to Fortum’s energy production plants and assets in Espoo, Finland. The new solutions will be integrated…
EU Natural Gas falls sharply
European natural gas futures sank to below €33/MWh in February, erasing the surge from earlier in the month to trade at their lowest since mid-January as forecasts pivoted to show warmer weather,…
EU-owned tankers ship 35% of Russia’s oil in January ahead of EU ban
EU-owned tankers shipped 35% of Russian oil in January, ahead of a planned “full maritime services ban” that will end Western marine service providers’ ability to transport crude sold to fund the…
Mainstream oil supplies return to normalcy as surplus falls
In September 2025, the market was concerned about a potential oversupply of oil, as crude/condensate loadings surpassed April 2020 levels (when oil prices crashed) for the first time. As a result,…
Maritime Defense Weekly: Maritime enforcement accelerates across Global Energy Routes Enforcement is expanding beyond a single Theater
Western maritime enforcement is no longer confined to designation, monitoring, or administrative friction. Recent activity indicates a growing reliance on physical constraints at sea, including…
TotalEnergies to provide 1 GW of solar capacity to power Google’s Data Centres in Texas for 15 Years
TotalEnergies has signed two new long-term Power Purchase Agreements (PPA) to deliver 1 GW of solar capacity – equivalent to 28 TWh of renewable electricity over 15 years – to supply…
Latin American oil giants shrug off potential Venezuelan comeback; smaller players seize near-term upside
Argentina, Guyana and Brazil are poised to lead Latin American oil production growth in 2026, even though the possible return of Venezuelan barrels poses questions for the region’s long-term capital…
Norway cements its CCS Leadership as Northern Lights Expands Fleet
Norway continues to strengthen its position at the heart of Europe’s growing CCS industry, following Northern Lights’ decision to charter four new 12,000m³ LCO₂ vessels—a move that significantly…
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