Energy.
Nord Gas Solutions Regasification System selected by Excelerate Energy for FSRU conversion project
Nord Gas Solutions has been awarded a contract to supply the regasification system module for Excelerate Energy’s first FSRU conversion project. The module will be installed aboard the ’Methane Patricia Camila’, a 170,000 cbm LNG carrier that is being converted into a floating storage and regasification unit. The contract was awarded in July 2026. "Nord Gas Solutions brings extensive experience…
LNG Bunker Snapshot: Rotterdam price declines on weaker premiums
Rotterdam’s LNG bunker price has fallen by $27/mt over the past week to $853/mt, driven largely by a 7% decline in LNG bunker premiums, which dropped from around $134/mt, to $125/mt. The front-month…
Hycamite joins Initiative to advance emission-free hydrogen and carbon product use in steel production
Hydrogen use in steel production still requires carbon products within the manufacturing process. Hycamite has joined a €17 million research project aimed at advancing the entire steel production…
How global oil supplies have readjusted to help fill the huge gap left by the Strait of Hormuz shock
Stock drawdowns, alternative routes and suppliers, and agile refiners have all contributed during the crisis, avoiding far more severe impacts on demand Global energy markets have been…
bp Chair removed
The Board of BP p.l.c. (LSE and NYSE: bp) (“bp”) announces that it has today unanimously decided that Albert Manifold should no longer serve as Chair and Director with immediate effect. This follows…
Reach Subsea signs MoA with Beacon Offshore in Australia
Reach Subsea has entered into a Memorandum of Agreement (MoA) with Beacon Offshore Ltd., establishing a strategic partnership to jointly pursue subsea projects in Australian waters. Under the…
Petrobras strengthens strategic partnership with Lightsource bp in renewable energy in Brazil
Petrobras, further to its release dated December 16, 2025, announces that it has completed the acquisition of a 49.99% equity interest in Lightsource bp’s subsidiaries in Brazil, establishing a…
Technip Energies receives Full Notice To Proceed on major EPC contract with Commonwealth LNG in the United States
Technip Energies (PARIS:TE) has received Full Notice To Proceed (FNTP) for a major1 Engineering, Procurement, and Construction (EPC) contract with Commonwealth LNG, a Caturus company, for its 9.5…
VLSFO spot differential extends climb
The spot differential for very low sulphur fuel oil (VLSFO) in Asia rose for a fifth trading session, while the market structure recovered further. The cash differential for Singapore VLSFO…
TotalEnergies signs a sale and purchase agreement in view of divesting its oil interest in Renaissance JV formerly SPDC
TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the sale of its 10% non-operated interest in the Renaissance JV licenses…
Houlder secures innovate UK funding to assess decarbonisation potential of energy saving devices and alternative fuels in combination
Work will extend capability to model economic benefits of wide range of ESDs in scenarios of FuelEU, EU ETS and hypothetical IMO modules. Funding will support the development of analytical tools…
Trump urges US oil giants to repair Venezuela’s ‘rotting’ energy industry
Investors skeptical about Venezuela's political stability and investment costs Largest U.S. oil major Exxon says Venezuela currently uinvestible Chevron, ConocoPhillips cautious about…
Equinor awarded 35 new production licenses on the Norwegian continental shelf
Equinor has been awarded 35 new production licenses by the Ministry of Energy in this year's APA, Awards in Predefined Areas. Equinor will gain access to attractive acreage in the North Sea,…
PETRONAS seeks clarity on petroleum regulatory framework in Sarawak
PETRONAS has filed a motion at the Federal Court in Putrajaya to seek clarity on the applicable regulatory framework governing its operations in Sarawak. The respondents are the Federal Government…
Aker Solutions secures long-term maintenance and modifications frame agreements with Equinor
Aker Solutions has been awarded multiple five-year frame agreements with Equinor. Under the agreements, Aker Solutions will provide maintenance and modifications services for a range of assets on the…
Singapore MOC fuel oil swaps trades drop to two-month low in Dec as HSFO deals shrink
380 CST HSFO swaps trade volume plunges 60.5% MOM in Dec 0.5%S marine fuel swaps trades in Dec slip nearly 8% from Nov The volume of Singapore fuel oil derivatives traded during the…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
