Energy.
Onboard carbon capture offers a practical CO2 emissions reduction pathway for shipping’s global fleet
New report identifies onboard carbon capture as a viable CO₂ emissions reduction solution for global fleet, but warns that offloading infrastructure and regulatory certainty will determine uptake. Onboard carbon capture and storage systems could play a significant role in helping shipping reduce CO2 emissions, while alternative fuel supply chains continue to develop, according to a new Lloyd’s…
Indian bio-methanol project targets bunkering demand
Indian conglomerate Thermax plans to develop a bio-methanol production plant at Deendayal Port (Kandla) in Gujarat, India, targeting future bunkering demand. The facility is initially expected to…
Gulf shipping disruptions highlight need for alternative export routes, flexibility: ADNOC top exec
The United Arab Emirates’ Habshan-Fujairah pipeline transports oil to a port 70 nautical miles outside the Strait of Hormuz, allowing up to 1.5 million barrels to bypass the chokepoint daily. The…
New Commissioning SOV “CSOV” “TSS CRUISER” delivered to serve offshore wind farms in Taiwan
Mitsui O.S.K. Lines, announced that on May 4th.2026, a newbuild commissioning service operation vessel the “TSS CRUISER” which has been constructed through Ta San Shang Marine , a joint company…
Hormuz oil flows down 97% from normal levels, Goldman Sachs says
Oil flows through the Strait of Hormuz have collapsed amid the escalating Middle East conflict, with shipments now running far below normal levels, according to a new tracker note from Goldman…
LNGC loadings down in Qatar post force majeure, as the conflict continues
Drewry AIS shows Qatar loaded only 7 LNGCs in week 10 (ending 6 March) due to heightened tensions in the Middle East following the closure of the Strait of Hormuz. On average, the country loads…
Worley selected by Chevron Cyprus for Aphrodite Gas Field Development FEED
Worley has been selected by Chevron Cyprus Limited (a subsidiary of Chevron Corporation) to provide Front‑End Engineering Design (FEED) and procurement services for the Aphrodite Field Development…
SLB OneSubsea announces agreement to acquire subsea business of Envirex Group AS
Global energy technology company SLB (NYSE: SLB) announced today that its OneSubsea™ joint venture has entered into an agreement to acquire the subsea business of Norway-based Envirex Group AS. As a…
Petrobras updates Natural Gas prices for distributors
An average reduction of approximately 14% will take effect on 08/01, compared to the previous quarte Petrobras announces that on August 1, 2025, in accordance with the contracts agreed upon by the…
Versalis and Acea Ambiente sign an agreement to promote advanced plastic recycling
Versalis, Eni’s chemical company, and Acea Ambiente, a subsidiary of Acea operating in integrated waste management and energy recovery sectors, have entered into a Memorandum of Understanding signed…
PETRONAS commemorates its first LNG cargo from LNG Canada facility
Significant milestone reinforces PETRONAS’ commitment to future-proof its supply portfolio through global LNG partnerships Petroliam Nasional Berhad has achieved a major milestone with the…
John B Hess joins Chevron’s board of directors
Chevron Corporation announced that John B. Hess has been appointed to Chevron’s Board of Directors. Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013. He…
Onshore crude oil production on federal lands has increased in recent years says EIA
Crude oil production from onshore federal lands has increased in recent years as a result of significant growth in drilling activity and operations. According to data collected by the U.S.…
Review of crude and product price movements in the first half of 2025
Crude oil prices experienced heightened volatility during 1H25, largely driven by geopolitical developments in the Middle East and Eastern Europe, as well as uncertainty surrounding US trade policy…
Boskalis – Allseas consortium awarded large offshore natural gas pipeline project in Taiwan
Boskalis and Allseas are pleased to announce that their 50/50 consortium has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao. The…
Kosmos Energy and Partners achieve commercial operations at Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) Project
The project partners on the Greater Tortue Ahmeyim (GTA) LNG development – situated on the maritime border of Senegal and Mauritania – have started commercial operations. The Gimi FLNG vessel –…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
