Energy.
Doosan enerbility ships gas turbine to spaceXAI
Doosan Enerbility held a shipment ceremony at its headquarters in Changwon, South Gyeongsang Province, on Oct. 6 for a 380MW-class gas turbine to be supplied to U.S. artificial intelligence company SpaceXAI. Around 70 Doosan Enerbility executives and employees, including Son Seung-woo, Head of Power Services BG, and key officials from the client SpaceXAI, attended the event held at the gas…
Offshore energy insurance market faces growing profitability pressures, reports IUMI
The global offshore energy insurance market remained challenging in 2025, with premium growth largely reflecting currency movements and changes in business mix rather than underlying market…
European gas slides; ECB warns of quicker inflation impact
European and British wholesale natural gas prices extended their downward march on Monday, dropping over 2% as growing evidence of maritime tankers securing alternative bypass routes around Persian…
Saudi Arabia is running out of options to export oil. What does that mean for global energy?
Saudi Arabia’s ability to export oil is under severe strain as disruptions affect its major maritime routes and a key crude pipeline, creating a bottleneck for global energy markets. The Strait of…
Transocean announces $80 million contract for Ultra-Deepwater Drillship
Transocean announced that the Deepwater Conqueror was awarded a two-well contract for work in Equatorial Guinea with an undisclosed operator. The estimated 170-day campaign is expected to commence…
EnergyPathways and Hycamite advance hydrogen and graphite production plant in UK
Development of a high-grade graphite and low-carbon hydrogen production plant in Barrow-in-Furness, UK Both parties to assess the commercial viability of Hycamite’s proprietary and technically…
Petrobras signs long-term agreement for the purchase and sale of Liquefied Natural Gas with US company Sempra Infrastructure
Petrobras has signed a long-term Liquefied Natural Gas (LNG) sale and purchase agreementwith Sempra Infrastructure, a U.S. company and subsidiary of Sempra. The agreement, signed at the end of…
Saipem divestment of Shallow Water Drilling’s operations in Saudi Arabia completed
Saipem announces that it has completed the sale of its entire shareholding in Saudi Arabian Saipem Limited to ADES Saudi Limited Company, an indirect subsidiary of ADES Holding Company, an…
Oil majors pile in on Americas projects to plug production gap
The world’s major oil companies are sharpening their focus on Americas oil and gas projects and tightening their belts for future price volatility as the Middle East war continues to stifle…
Equinor and Uniper sign 15-year gas sales agreement for supplies to Germany
Equinor and the energy company Uniper have signed a 15-year agreement for supplies of natural gas to Germany. Under the agreement, Equinor will deliver more than 30 TWh of natural gas per year to…
Pakistan’s oil refiners set to export 185,000 mt of fuel oil in August
Pakistan’s oil refineries have received regulatory approval to export about 185,000 metric tons of fuel oil in August, while maintaining adequate strategic reserves to meet the needs of the…
Baltica 2 reaches major milestone with completion of 111 monopile installations
Van Oord has successfully installed all 111 monopiles for the Baltica 2 wind farm in Poland, including 107 for wind turbines and 4 for offshore substations. Delivered safely and on schedule,…
The global diesel crunch: Russia’s refinery crisis meets Middle East turmoil
The global refined products market is being squeezed by two major disruptions occurring simultaneously. In the Middle East, the escalation of the US-Iran conflict and the effective closure of the…
Deployable Energy and Hornbeck Offshore partner to advance Maritime Nuclear Power
Companies to partner on Unity Nuclear Battery deployments across maritime, defense, offshore power and floating data center applications Deployable Energy announces that it has signed a Memorandum of…
Azane lands Equinor contract to supply ammonia fuel for ships
Azane Fuel Solutions has signed a framework agreement with Equinor Energy AS for the supply of ammonia and the execution of truck-to-ship ammonia bunkering operations for ammonia-fuelled vessels.…
Equinor and ORLEN strengthen energy partnership with crude oil agreement
Equinor has signed an agreement with Poland’s ORLEN for the sale of crude oil from the Johan Sverdrup field on the Norwegian continental shelf. The agreement will run for three years from the…
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