Energy.
European gas prices surge to highest since 2023 on Iranian threat
European wholesale natural gas prices spiked to their highest levels since early 2023, driven by mounting fears that escalating military confrontation involving Iran could disrupt vital energy transit through the Strait of Hormuz. Benchmark Dutch TTF gas futures surged past €75 per megawatt-hour, while equivalent British wholesale gas contracts followed suit, up at 186 per therm, as traders…
ARACON 2026 Returns to Rotterdam
The global marine fuels and bunkering community will gather once again in Rotterdam this October as ARACON 2026 returns to the Hilton Rotterdam Hotel for three days of high-level industry discussion,…
Regulation is the only bar to offshore vessel electrification – E-mission zero
- Panel hosted by Bibby Marine and its E-Mission Zero partners highlighted how vessel electrification will cut costs, reduce emissions and improve energy security for offshore wind operations. - With…
Dan-Bunkering concludes LNG delivery in China for Sallaum Lines’ newbuild Ocean Expres
Dan-Bunkering has recently concluded an LNG delivery in China for Sallaum Lines’ newbuild Pure Car and Truck Carrier Ocean Express. The delivery involved approximately 1,400 metric tonnes of LNG.…
Kickster FuelEU Marketplace reports rapid market development and emerging pricing signals following first compliance cycle
Following the completion of the first FuelEU Maritime compliance cycle, KICKSTER reported strong growth in marketplace participation, increasing open interest, and the emergence of early pricing…
PLL signs a 20-year time charter party with MISC for five newbuild LNG carriers
PETRONAS has signed a 20-year time charter agreement with MISC Group for five newbuild 174,000-cbm liquefied natural gas carriers, reinforcing its long-term LNG supply reliability, while supporting…
Ørsted and PGE kick off offshore installation of Baltica 2 project
Ørsted and PGE are moving ahead with full-scale offshore construction activities on the Baltica 2 project. The first foundations have been successfully installed in the Polish part of the Baltic…
DOF Group ASA announced the sale of vessel
DOF has agreed to sell the 2016 built cable layer, Skandi Connector. The vessel is planned to be delivered to the new owners in Q3 2026. Mons S. Aase, CEO DOF Group AS, says: “The sale of the Skandi…
ENGINE: East of Suez Bunker Fuel Availability Outlook (2 Dec 2025)
VLSFO and LSMGO availability good in Port Klang; bunker supply tight in Sri Lankan ports; LSMGO supply good across Omani ports. The following article regarding regional bunker fuel…
Geopolitical developments contribute to elevated diesel prices
Global refinery margins for diesel have widened since late October and increased to their highest level all year, following refinery outages in Russia and in the Middle East and new sanctions on…
Petrobras announces approval of redetermination of the Tupi Shared Reservoir
Petrobras announces that it has been notified by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) regarding the approval of the addendum to the Production Individualization…
DevvStream and Southern Energy Renewables Announce Business Combination Targeting Low-Cost Production of Carbon-Negative SAF and Green Methanol
Combination integrates carbon-credit origination expertise with U.S.-produced, lower-cost carbon-negative fuels to meet growing global demand Southern secures a $402 million bond allocation from the…
Eni launches the Phase 2 of Congo LNG ahead of schedule
With the arrival of the Nguya FLNG floating liquefaction unit and the introduction of gas into the new offshore infrastructure system, Eni announces the start-up - ahead of the planned schedule - of…
Gas Networks Ireland selects the Shannon Estuary as location for the Strategic Gas Emergency Reserve
Gas Networks Ireland has selected Cahiracon, Co. Clare along the Shannon Estuary as the location for Ireland’s new Strategic Gas Emergency Reserve (SGER). The Strategic Gas Emergency…
Energy literacy workshops in schools help inspire the next generation
Ørsted’s Hornsea 3 Offshore Wind Farm has funded energy literacy workshops to help young people understand where our power comes from and how it works. Not for profit organisation…
Eni signs a long-term LNG sale agreement with BOTAŞ, strengthening its portfolio diversification and expanding global contracted volumes
Eni has entered a long-term LNG sale agreement with Turkish company BOTAŞ, in line with the company’s strategy to grow a diversified global portfolio and secure stable, multi-year relationships in…
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!
