Energy.
US confident Venezuela oil deal will attract investors: Wright
US Energy Secretary Chris Wright said Sept. 2 he was confident that North American Blue Energy Partners, the private operator at the center of Washington’s new crude production agreement with Venezuela, could give US companies the legal certainty they need to invest in the South American country. Speaking to CNBC in Caracas hours before deals were due to be signed at the Miraflores presidential…
ACG celebrates first non‑associated gas
bp, as operator of the Azeri–Chirag–Gunashli field development, today announced on behalf of the ACG co‑venturers – SOCAR, MOL, INPEX, ExxonMobil, TPAO and ONGC Videsh – the commencement of…
“K” LINE secures time charter contract of newly built liquefied CO2 carrier for Northern Lights
Kawasaki Kisen Kaisha, is pleased to announce that, jointly with Malaysia-based MISC Berhad, it has secured a time charter contract for a newly built 12,000 m3 liquefied CO2 carrier from Northern…
Vantris Energy receives clean audit opinion
Vantris Energy Berhad and its subsidiaries announced that its external auditors, Messrs Ernst & Young PLT (, have issued an unqualified audit opinion with no material uncertainty related to…
NYK Line, Golden Island, and Yara Clean Ammonia unveil Landmark Partnership to jointly drive Ammonia Fuel Sales & Marketing in Singapore
Advancing Decarbonized Fuel Supply Business at the World’s Largest Bunkering Ports
Van Oord accelerates the rollout of offshore wind energy in Poland
Van Oord has reached a significant milestone in the development of offshore wind energy in Poland. The company has successfully transported and installed all monopile foundations and transition…
Pusan National University and LR to establish first global certification framework for liquid hydrogen shipping
The partnership’s goal is to support the creation of liquid hydrogen systems with safety, consistency and global applicability at their core A new collaboration between Lloyd’s Register and Pusan…
Singapore’s low-sulfur marine fuel arbitrage arrivals from the West to drop further in April
Singapore’s low sulfur fuel oil arrivals from the Western markets are set to decrease for a third straight month in April, partly weighed down by unviable arbitrage economics due to persistently…
Van Oord wins Jan Agema award 2025 for Borssele III, IV and V offshore wind project
Van Oord has been awarded the prestigious Jan Agema Award 2025 for its contribution to the offshore wind project Borssele III, IV and V. The jury praised the project for its technical…
Why energy prices are finally set to fall next year
Oil prices are set to come under pressure due to a significant surplus next year, and European natural gas prices are also set to fall as new LNG export capacity ramps up Further OPEC+ supply sees…
Russia’s oil exports from western ports to stay close to record high in October, sources say
Oil exports and transit from Russia’s western ports in October are expected to stay close to September’s record levels due to increased refinery activity, according to industry sources and…
Sinopec diverts supertanker from US-sanctioned port, ship tracking data shows
The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to divert a supertanker and ask some plants to cut crude processing rates, according to ship…
OPEC points to smaller 2026 oil supply deficit as OPEC+ pumps more
World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's outlook,…
Saudi Aramco can sustain 12 million bpd maximum oil capacity for a year, CEO says
Saudi Aramco <2222.SE> can sustain crude oil production at 12 million barrels per day (bpd) for a year without incurring additional costs, Chief Executive Amin Nasser said on…
BP wins arbitration case against Venture Global over LNG Cargoes
BP BP.L has won its arbitration case against Venture Global VG.N over the U.S. supplier’s failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022,…
Farewell to an Era: With the sale of ESVAGT CHARLIE, ESVAGT says goodbye to the last Group 3 Vessel
The transfer of ESVAGT CHARLIE to SeaOwl on October 3rd marked not only the end of a vessel’s service - but also a farewell to an entire class of vessels in ESVAGT’s history. With this sale, ESVAGT…
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