Energy.
Chevron expands position in Venezuela
Chevron Corporation announced agreements with Venezuelathat establish updated terms for its joint ventures, supporting future investment, project development and production growth in the country. The agreements set out provisions for Chevron's joint ventures in Venezuela, including enhanced fiscal, commercial and legal terms intended to support durable and competitive long-term investments. As…
Equinor signs 5-year agreement for supplies to Germany
Equinor has signed a 5-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian continental shelf. The gas volumes will be delivered to Eneco’s wholly owned…
Gasum strengthens power business –Tommi Riikonen to lead portfolio services
Gasum has appointed Tommi Riikonen to lead Gasum Portfolio Services in the power business. Riikonen will start in the position on 2 June 2026. The position is central to the development of Gasum's…
Eni investment in Nouveau Monde Graphite completed
Eni announces the closing of the equity investment in Nouveau Monde Graphite Inc. (“NMG”), a Canadian company listed on the Toronto Stock Exchange and the New York Stock Exchange, operating in the…
Gulf tensions highlight structural challenges in shipping’s energy transition, says Fuelre4m
Rising geopolitical tensions around the Strait of Hormuz are underscoring a critical reality for the global maritime industry. Despite accelerating decarbonisation efforts, the world economy, and…
Fuelsure transparency index 2026: The true cost of bunkering is larger than the industry thinks
Marine fuel is typically bought and sold on a price per ton basis. But price alone does not reflect what bunkering really costs. Consider two suppliers: Supplier A: $600 per ton plus delays,…
Borr Drilling acquisition of five premium jack‑up rigs through new joint venture
Borr Drilling announced that it has entered into definitive agreements to acquire five premium jack-up rigs from Fontis Finance for a purchase price of $287 million . The acquisition will be…
Equinor starts drilling major gas development in Brazil
Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. This marks a key milestone for the partnership as the projects progresses towards planned…
Which European Hydrogen developers are aligning ambition with reality? – Westwood Insight
Over the past 18 months, European governments have revised their national hydrogen strategies and targets. Project developers have followed suit by adjusting portfolios and scaling back…
Russia’s January-August LNG exports down 6.3%, data shows
Russia’s exports of liquefied natural gas in January-August decreased by 6.3% from a year earlier to 19.3 million metric tons, LSEG preliminary data showed on Monday, reflecting a sharp decline from…
TotalEnergies is awarded a new exploration permit in the Republic of Congo
TotalEnergies (50%, operator), together with its partners QatarEnergy (35%) and the national company SNPC (15%), has been awarded the Nzombo exploration permit in the Republic of the Congo. The 1,000…
US oil production hit record high in June, EIA says
U.S. crude oil production hit a record high in June, rising 133,000 barrels per day to 13.58 million bpd, according to data released by the Energy Information Administration as part of its Petroleum…
The Energy-Efficient Route to Maritime Decarbonisation
Pressure is mounting on the global shipping industry to improve its ships’ energy efficiency in the face of new greenhouse gas regulations. In April 2025, the International Maritime Organization…
Egypt signs $340 mln oil, gas exploration deals with global firms
Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday. The deals,…
Atlantic Shrike achieves 11% fuel reduction with Seaq Energy Storage system
Atlantic Towing Limited has achieved a major milestone in its decarbonization journey with the successful retrofit of the Atlantic Shrike. Equipped with Vard Electro’s SeaQ Energy Storage System, the…
VLSFO pares after recent rebound; Singapore inventories climb
Asia’s spot differential for very low sulphur fuel oil (VLSFO) pared slightly on Thursday, snapping four straight sessions of gains, while onshore inventories climbed in Singapore. Stockpiles…
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