Energy.
Titan and Sogestran agree long-term partnership for new 6,000cbm LNG bunker vessel
Agreement covers the construction, charter and operation of the vessel in the Western Mediterranean. Titan Clean Fuels, part of Molgas Group, has entered into a long-term agreement with shipowner Sogestran Group for the construction, charter and operation of a new 6,000 cbm LNG bunker vessel . Titan is planning to operate the LNGBV throughout the Western Mediterranean. It will be able to load LNG…
bp enters North Ustyurt PSA in Uzbekistan
bp confirmed its entry into a production sharing agreement (PSA) for six blocks in the North Ustyurt region of the Republic of Uzbekistan. The agreement includes the Boyterak, Terengquduq, Birqori,…
Energy trade flows are rerouted as the Strait of Hormuz remains mostly closed
“No country has ever profited from protracted warfare,” the great Chinese military theorist known as Sun Tzu wrote around the 5th century BCE. It is a warning that may resonate in Washington today.…
Limited uptick in Hormuz LNG traffic offers scant relief to global markets
The recent uptick in LNG tanker crossings out of the Persian Gulf is offering only limited immediate relief to international buyers grappling with the sustained loss of about 20% of global supply,…
Equinor stronger market orientation to capture more value
Energy markets have evolved over the last years, with demand for broader and more integrated energy solutions. Equinor is establishing two new business areas to position the company for safe,…
bp further simplifies portfolio with agreement to sell Gelsenkirchen refinery to Klesch Group
Transaction accelerates delivery of bp’s strategy to simplify its portfolio and focus the downstream on its leading integrated businesses. Increases bp’s structural cost reduction target by around…
Rotterdam’s LNG price rally intensifies as Iran hits Qatar’s biggest LNG facility
This sharp rise is largely driven by an almost 30% increase in the front-month Dutch TTF Natural Gas contract, a key benchmark for European gas prices. The benchmark now stands at nearly double its…
TotalEnergies and Holcim inaugurate Europe’s largest floating solar power plant dedicated to self-consumption in Belgium
TotalEnergies and Holcim, a leading player in sustainable construction, inaugurated today in Belgium a floating solar power plant with a capacity of 31 MW, located in Obourg on a former…
OPEC lifts 2026 oil demand view
Oil Market Highlights Crude Oil Price Movements In July, the OPEC Reference Basket (ORB) value increased by $1.24 month-on-month (m-o-m), to average $70.97/b. The ICE Brent front-month contract…
Qatar reinforces LNG leadership, reshapes global energy landscape
In a strategic move that reinforces its position as a leading global supplier of clean energy and supports global energy security amid rising demand and mounting challenges, the State of Qatar will…
Seaspan Energy & Anew Climate partner to deliver lower carbon marine fuel
Seaspan Energy and Anew Climate have entered into a strategic agreement to offer delivery of renewable liquefied natural gas to customers on the North American West Coast. As part of the service…
Gasum provides bio-LNG for the first completely carbon neutral shipping route on the Baltic Sea run by Wasaline
Wasaline’s vessel sailing between Finland and Sweden will run solely on Gasum’s liquefied biogas going forward. Nordic energy company Gasum and Finnish shipping company Wasaline have agreed that…
German CO₂ bill will open opportunities for Norway
German government paves the way for CO₂ storage and use intended to enable the use of CCS and CCU , as well as the transport and storage of CO₂. Federal Cabinet today approved the draft bill…
DOF Group ASA – two long-term RSV contracts in Brazil
DOF Group ASA is pleased to announce two new long-term contracts in Brazil. Following the same competitive tender process that resulted in the previously announced contract award of Skandi Achiever…
Russia’s oil exports have decreased modestly since 2022, shifting toward Asia
From 2020 to 2024, crude oil and condensate exports from Russia averaged 5.0 million barrels per day (b/d). Exports from Russia in the first half of 2025 (1H25) were 4.3 million b/d (compared with…
Nexans completes critical repair of Estlink 2 subsea interconnector between Finland and Estonia
Nexans, a global leader in the design and manufacturing of cable systems and services, specializing in the offshore wind sector and subsea interconnectors, has completed the repair of the Estlink 2…
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