Energy.
EU to make last-minute decision on Arctic oil and gas drilling ban
The European Commission will soon unveil its revised Arctic strategy and whether to maintain or scrap its 2021 position on new oil and gas exploration in the High North. The International Energy Agency and Norway have urged Brussels to reconsider the ban. The European Union is expected to make a last-minute decision on banning new oil and gas exploration in the Arctic during a weekly meeting of…
MOL invest in the first offshore LNG liquefaction facility in the United States
Upstream LNG Value Chain Expansion Mitsui O.S.K. Lines, together with Delfin Midstream, a group of investors led by Global Infrastructure Partners , a part of BlackRock, and Vitol has reached a Final…
MEG offshore sector resilience in the short term, structural risks on the horizon
Owners and operators seek options as secondary impacts from the Strait of Hormuz closure continue to ripple across Gulf energy markets and into Asia A combination of contract terminations, spiralling…
BW LPG exits investment in confidence petroleum India following sale of 8.50% equity stake
BW LPG announces that it has completed the sale of its 8.50% equity stake in Confidence Petroleum India Limited Following the announcement made on 20 May 2025 on BW LPG’s cessation of investment in…
World’s first liquefied CO2 carrier equipped with wind challenger hard sail wind-assisted propulsion systems
Approval in Principle (AiP) Obtained for a Three Units Design Mitsui O.S.K. Lines, announced that MOL has obtained Approval in Principle from the classification society, Nippon Kaiji Kyokai, on…
Conservation groups urge governments to reject biofuels in shipping decarbonisation plans
As the International Maritime Organization negotiations open in London, a group of conservation organisations calls on governments to reject biofuels as a decarbonisation pathway for international…
Q&A hydrodynamics and energy efficiency improvements
Shipowners are increasingly exploring hydrodynamic efficiency improvements – including Energy Saving Devices and hull-form retrofits – to cut fuel consumption, improve CII performance and strengthen…
Green steel expansion can set the stage for energy market shift in the Nordics, according to
The Nordics are set for a new phase of structural growth in electricity demand with expected realisation of green steel fabrication projects that can trigger a significant shift in the regional…
Oslo-listed global consultancy ABL Group
ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation Limited’s (ONGC) rig moves between September 2025 and May 2026. Under the contract,…
The Singapore Energy Market Authority grants Conditional Approval for 1GW of Electricity Imports from Sarawak, Malaysia
The Energy Market Authority (EMA) has granted Conditional Approval to Sembcorp Utilities Pte Ltd, which is working with its consortium partner, Sarawak Energy Berhad, to import 1 gigawatt (GW) of…
LNG: Who really benefits? Fuelre4m warns shipping is being sold a false transition model
The global shipping industry is being misled by the promise of LNG, according to Fuelre4m CEO Rob Mortimer, who warns: “It’s not a transition fuel, it’s a transition business model.” “Too many…
Mitsubishi Electric to power Next-Generation AI Factories with 800 VDC Infrastructure
Mitsubishi Electric Power Products, Inc. (MEPPI), a leader in mission-critical power protection and energy storage, announces its support for the deployment of 800 VDC infrastructure in AI factories…
Aker Solutions signs MoU with Nordbex
Aker Solutions has signed a memorandum of understanding with Swedish-based climate-tech company, Nordbex to develop a portfolio of future BIOCCUS plants across Europe. Under the MoU, the…
DEME takes delivery of new wind turbine installation vessel Norse Wind
DEME has taken delivery of its new wind turbine installation vessel Norse Wind at the CIMC Raffles Shipyard. Designed to install the next generation of offshore wind turbines, the vessel combines…
Equinor production started from Bacalhau, Equinor’s largest international field
Equinor and its partners ExxonMobil Brasil, Petrogal Brasil and Pré-sal Petróleo achieved start-up of production from the large Bacalhau field in Brazil. With recoverable reserves exceeding 1…
Provaris establishes robotics innovation centre in Norway, resumes hydrogen prototype tank
Provaris Energy announces the establishment of an Innovation Centre to locate and operate a robotic cell for the fabrication and testing of its proprietary tank designs for H2 and LCO2and showcase…
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