Energy.

Singapore’s VLSFO and HSFO prices rise over the weekend. B30-VLSFO and LSMGO dip – ENGINE


Singapore price changes on the day to 12.00 SGT (04.00 GMT) today from Friday: VLSFO price up $17/mt to $886/mt B30-VLSFO price down $6/mt to $1,035/mt LSMGO price down $1/mt to $1,311/mt HSFO price up $28/mt to $764/mt

FUJAIRAH DATA: August bunker fuel sales resume decline after July increase


Ship fuel sales at the Port of Fujairah on the eastern coast of the UAE in August fell 2.7% from July, when sales had their first increase since the US/Israel war with Iran began in February,…

New gas power policy of China’s Guangdong province drives structural shift from baseload to peak-only dispatch, resulting in reduced running hours


A major shift in Guangdong’s gas power dispatch policy is changing the role of gas-fired generation. Fleets are moving from baseload to mostly peak-only operations, which may reduce long-term gas…

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…

MOL world’s first LNG carrier equipped with Wind Challenger


Scheduled for Delivery Under a Long-Term Charter to Chevron in Late September Mitsui O.S.K. Lines, announced that it held a naming ceremony on September 10, 2026, at Hanwha Ocean Geoje Shipyard in…

Vallourec and Aramco strengthen their partnership through the signing of an agreement for the supply of Oil Country Tubular Goods


Vallourec, a world leader in premium seamless tubular solutions, announces the signing of an agreement with Aramco to further strengthen the two companies’ commercial, industrial, and technological…

Eni and PETRONAS explore innovative biofuel solutions


Signed a Feasibility Agreement to evaluate high-performance, commercially scalable bio-gasoline for potential future applications During the 2026 Formula 1 Italian Grand Prix, Eni and PETRONAS have…

SLB and Shearwater launch Amapá 3D Seismic Survey Offshore Brazil


Survey will address critical data needs as exploration interest grows following the Morpho discovery Global energy technology company SLB (NYSE: SLB) today announced the launch of the…

DOF Group ASA – Contract extensions for Skandi Buzios and Skandi Recife 


DOF Group announced two new long-term contract extensions with Petrobras in Brazil. Following successful negotiation with Petrobras, the PLSVs Skandi Buzios and Skandi Recife have secured…

New report calls for standardised approach to Safe Havens on ammonia-fuelled ships


The report identifies an opportunity to build a shared, evidence-based approach to Safe Havens as the industry applies new regulatory requirements to ammonia-fuelled vessels. Lloyd’s Register…

Global refining has become the real supply constraint


Refining, rather than crude supply, has emerged as the primary constraint on global oil markets, as geopolitical disruptions, policy constraints and logistical bottlenecks continue to limit…

bp starts up Atlantis Major Facility Expansion project in Gulf of America


bp has started up its Atlantis Major Facility Expansion project in the US Gulf of America. Atlantis is located about 150 miles south of New Orleans and has been in production for nearly 20 years. The…

DOF Group ASA – Contract awards for 2x AHTS vessels


DOF Group announced that it has been awarded firm contracts with a duration of more than 1 year and expected commencement in Q1 of 2027 for two of its AHTS vessels. The expected value of…

WindEnergy Hamburg: Artificial Intelligence maximises performance


The digital transformation delivers additional impetus to the onshore and offshore wind energy industry. At WindEnergy Hamburg from 22 to 25 September 2026, innovative exhibitors will present AI…

Capital Ship Management, K Shipbuilding and LR target scalable wind-assisted propulsion for MR tanker sector


The project will assess whether wind-assisted propulsion can deliver commercially viable efficiency gains for standard product tanker operations. Capital Ship Management K Shipbuilding and Lloyd's…

Oil markets under-pricing geopolitical supply shock, warns Mirae Asset


Global oil markets are moving through a fragile phase in which geopolitical risk, maritime disruption, depleted inventory buffers, and stress across refining systems are converging. The immediate…

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