Energy.
Vital” North Sea gas production to play role in energy system for decades, Jackdaw field decision remains pending – UK government
Amid reports that UK government ministers are close to approving the Jackdaw gas field, a spokesperson for the Department for Energy Security and Net Zero (DESNZ) told ICIS that “the North Sea remains a vital national asset and oil and gas will continue to play an important role in our energy system for decades to come”. The DESNZ did not comment on whether the controversial project was close to…
Hapag-Lloyd and Seaspan complete first methanol retrofit
“Seaspan Yangtze” successfully converted to dual-fuel operation capable of using methanol First vessel completed under five-ship retrofit program for 10,100 TEU charter vessels Project supports…
Europe’s Hydrogen Market: Demand is Being Locked In — Supply is Not
In Part III of our insights into Europe’s hydrogen market entering a new phase of development, we continue to highlight demand is being driven by binding regulation rather than voluntary…
Indian Iron Ore Demand Growth on Rise
KEY TAKEAWAYS ●The first half of the year is on track for the strongest Baltic Dry Index (BDI) performance since 2023. ●C3 and C5 rates remain supported by resilient Chinese iron ore imports despite…
What does AIS have to do with $100+ Oil, $400k/day Tankers, and Gasoline Up 25%+?
At first glance, these outcomes appear to be driven purely by geopolitics and physical disruption. However, a critical, but less visible factor sits underneath: the breakdown of trust in maritime…
Energy market defined by “striking contradiction”, according to latest Willis Energy Market Review
Despite mounting loss activity, rising social inflation and geopolitical volatility, the energy insurance market remains deeply soft, with abundant capacity, intense competition and continued…
Woodside Tugboat contract boosts Louisiana spend to $1 Billion
Woodside Energy has awarded a services contract to Green Tug Towing – a joint venture of Harbor Docking & Towing and Saltchuk Marine – for the design and construction of four new tugs to be…
DeepOcean and Woodside advance subsea efficiency through dual-scope approach
Global ocean services provider DeepOcean and operator Woodside Energy B.V. have successfully performed simultaneous inspection and 3D scanning of subsea infrastructure at the Sangomar field…
US forfeits offshore wind as China dominates market into 2030
As the US aims to decouple from Chinese supply chains by doubling down on its domestic oil and gas resources, industries such as offshore wind have faced a barrage of economic challenges, from…
Proposed acquisition of UK North Sea assets from BP
Serica Energy plc announced the signing of an agreement to acquire the entirety of BP’s stake in the P111 and P2544 licences (‘the Proposed Acquisition’), located in the UK Central North Sea.…
Offshore Wind – Four new research and innovation projects led by France Energies Marines to support the sector in France and internationally
On 16 July, the Board of Directors of France Energies Marines approved four new research and innovation projects with a total budget of €8 million. These initiatives will deliver methodologies and…
Liquid Wind granted €3.6 million in funding for eFuel project in Sweden
Liquid Wind receives support from Industriklivet, the Swedish Energy Agency’s program supporting Swedish industry’s green transition, amounting to €3.6 million (SEK39 million), for the…
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…
ExxonMobil unveiled Vantage a new lens on upstream operations
Vantage is a high-tech hub that helps monitor and manage oil and gas operations across thousands of sites. It has helped cut down gas flaring, reduce driving time for workers and boost oil…
Nexans new leadership appointment of Julien Hueber to succeed Christopher Guérin as Chief Executive Officer
Nexans announces that its Board of Directors has resolved to appoint Julien Hueber as the new Chief Executive Officer and to part ways with Christopher Guérin. These decisions will take effect…
Corvus Energy secures growth capital from leading international investors to accelerate maritime decarbonisation
Corvus Energy, the world’s leading supplier of energy-storage systems for the maritime industry, announced it has secured a $60 million growth capital injection from a group of blue-chip…
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