Energy.

Santos achieves significant milestone at Pikka oil project, advancing ramp-up to plateau production


Santos announced the successful commencement of seawater injection at the Nanushuk Drillsite-B (NDB) of the Pikka oil project on Alaska’s North Slope. On-specification water export from the seawater treatment plant began on 18 August, building inventory across the approximately 75-kilometre seawater pipeline connecting the Beaufort Sea to the Pikka project site. Injection into the reservoir…

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,…

Energy Perspectives 2026 presents diverging pathways for global developments to 2050


Energy Perspectives 2026 explores how shifting geopolitical and economic dynamics shape long-term developments toward 2050. The analysis presents possible pathways, not predictions. The 16th…

LNG as a marine fuel: what it is, where it stands, and why it matters in 2026


In 2026, LNG has stopped being a pilot fuel in shipping. Roughly 800 LNG-capable vessels are in service and another 600 are on order. Bunkering is available in 222 ports worldwide, supplied by 62…

Strengthening fundamentals for Norway-Germany hydrogen imports


As recently highlighted in our quarterly report, Provaris continues to see strengthening fundamentals for the development of RFNBO‑compliant hydrogen supply chains from Norway into Germany,…

China’s data center capacity set to top 60 GW by 2030, driving a doubling of power demand


China is on course to nearly double its data center capacity within five years, with 28 gigawatts (GW) of new projects expected to come online by 2030, adding to the 32 GW already installed as of…

PETRONAS and ENEOS Xplora strengthen strategic partnership to support Long-Term Energy Security


PETRONAS and ENEOS Xplora (“ENEOS”) have reaffirmed their long-standing partnership, first established in 1995, through the signing of definitive agreements formalising ENEOS’ re-entry into Malaysia…

DOE has released 17.5 million barrels from the Strategic Petroleum Reserve since March


weekly U.S. strategic petroleum reserve stocks Data source: U.S. Energy Information Administration,…

Sembcorp awarded firm and dispatchable renewable energy power project in India


Sembcorp Industries, through its wholly-owned renewables subsidiary, Sembcorp Green Infra Private Limited , has been awarded a 150MW Firm and Dispatchable Renewable Energy  power project by SJVN…

S Korea’s Hanwha TotalEnergies begins 12-month carbon capture plant demo


Hanwha TotalEnergies Petrochemical has begun demonstration operations of a first-of-its-kind carbon capture pilot facility to reduce carbon emissions and respond to climate change, the South Korean…

Baseload Power Taiwan secures tribal consent, powering a new community partnership model


Baseload Power Taiwan has now opened its local office in the Hongye Tribe, Hualien County, and signed a Memorandum of Understanding to formalize the cooperation. This milestone follows a tribal…

Drydocks World delivers FPSO EMEM to power Nigeria’s offshore energy growth


Major Conversion Project Enhances Okwok Field Production and Supports Nigeria’s National Energy Ambitions Drydocks World has completed the full conversion and integration of the EMEM Floating…

SHI secures exclusive domestic production rights for Amogy’s Ammonia Powerpack


Collaboration Aims to Enhance Eco-friendly Power Solutions in Marine and Onshore Sectors Samsung Heavy Industries (SHI) is pursuing exclusive domestic contract manufacturing of the ammonia…

Commission unveils nearly €3bn to scale up green fuels for aviation and maritime transport


The plan to step up financing for sustainable fuels in shipping and aviation by 2027 comes as the bloc is falling short of decarbonising heavy transport by 2050. The European Commission announced a…

DEME, Aspiravi and Qair realign ownership in ScotWind project


DEME announced that an ownership realignment has taken place among the shareholders in the ScotWind project. As a result, DEME Concessions and Aspiravi International have become joint…

Aker BP and DNO expand collaboration and accelerate development of Kjøttkake


Aker BP ASA and DNO ASA have entered into agreements that strengthen Aker BP’s position in the Alvheim area and accelerate the development of the Kjøttkake discovery. The agreements include an…

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