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…
Bunker Holding appoints Mikkel Kannegaard as Chief Operating Officer
Bunker Holding has appointed Mikkel Kannegaard as Chief Operating Officer, effective 13thMay. Since joining as Head of Global Supply in August 2025, Mikkel Kannegaard has played an important role…
Corvus Energy and BYD Energy Storage strengthen partnership with strategic cooperation agreement to advance next generation maritime battery technology
Corvus Energy , the global leader in zero‑emission maritime energy solutions, and BYD Energy Storage, a global leader in the energy storage sector, signed a Strategic Cooperation Agreement that…
Russian-flagged tanker linked to sanctioned LNG loading as shadow fleet expands
A Liquefied Natural Gas (LNG) tanker that recently shifted to a Russian flag appears to be loading fuel from a U.S.-sanctioned energy project. According to ship-tracking data compiled by Kpler, the…
Hanwha Ocean launches Subsidiaries Home and Abroad to boost Offshore Business
Hanwha Ocean Establishes New Subsidiaries in Singapore and Domestically to Enhance its Offshore Business Operations Hanwha Ocean is accelerating its push into related markets by successively…
Equinor’s investigation report following the fatal accident at Mongstad is complete
Equinor has completed its internal investigation into the workplace accident at Mongstad on 17 September 2025, in which a worker lost his life. The purpose has been to ensure learning and to…
PETRONAS confirms Hydrocarbon Discovery at Barokah-1, East Java of Indonesia
PETRONAS, through its subsidiary PETRONAS North Ketapang Sdn. Bhd. has made its first hydrocarbon discovery at the Barokah-1 exploration well located within the North Ketapang Production Sharing…
Seadrill announces appointment of Samir Ali as CEO
Seadrill Limited announced a leadership change, effective immediately. Samir Ali, Executive Vice President, Chief Commercial Officer, has been appointed President and Chief Executive Officer,…
bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil
bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 metres. The well was…
Green methanol bunkering a positive step
Hong Kong holds a significant position in the international shipping industry while this thriving sector also contributes to substantial greenhouse gas emissions. As part of Hong Kong’s efforts to…
How to reconcile CO₂ reduction targets with the efficiency of logistics operations?
Implementing CO₂ emission reduction solutions is becoming a key element of the development strategy for many companies. More and more organizations are analyzing the carbon footprint of their supply…
Oil falls as OPEC+ proceeds with September output hike
Oil prices dropped on Monday after OPEC+ agreed to another large output hike in September, though traders remained wary of further sanctions on Russia. Brent crude futures fell 85 cents, or 1.2%, to…
How Chevron and Closelink automate lubricant procurement
Closelink, a digital platform built for the procurement of marine lubricants, and Chevron Marine Lubricants, a global leader in high-performance lubricant solutions, celebrate one year of full system…
Solstad Maritime awarded contract for CSV Normand Commander
Solstad Maritime ASA is pleased to announce a contract award with end-client Petrobras for the CSV “Normand Commander”. The vessel will be on a bareboat contract from SOMA to Solstad Offshore…
Indian state refiners pause Russian oil purchases, sources say
Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned against purchasing oil from Moscow, industry sources…
Last year’s U.S.-Canada energy trade was valued around $150 billion
The value of energy trade between the United States and Canada remained steady in 2024 at an estimated $151 billion compared with $154 billion in 2023, according to data from the U.S. Census Bureau.…
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