Energy.
MOL Ocean Bulk joins world’s 1st Tri-Fuel Ore Carrier Project
25-Year Iron Ore Transport Contract Signed with Vale Mitsui O.S.K. Lines, announced that MOL Ocean Bulk, which operates the MOL Group's overseas Capesize bulker business, has signed a 25-year contract with Vale International to transport iron ore using two vessels. As part of Vale's Shipping decarbonization strategy, the project will employ the world's first 210,000-metric-ton ore carriers…
Next generation party leaders visit the Edvard Grieg field offshore
Where were party leaders for Young Conservatives, AUF, Progress Party Youth, Centre Youth, Socialist Youth, Young Liberals, Young Christian Democrats and Green Youth when the Edvard Grieg field…
World’s first fore-accommodation LNG carrier equipped with MOL’s Wind Challenger receives LR Design Appraisal
LR's Design Appraisal confirms the technical readiness of HD Hyundai Heavy Industries' fore-accommodation LNG carrier design featuring MOL's Wind Challenger hard-sail system. Lloyd's Register has…
SGMF publishes first ISO-compliant Life Cycle Assessment of methanol as a marine fuel
New study completes SGMF’s portfolio of life cycle assessments across LNG, ammonia and methanol, providing a science-based reference point for the marine fuels transition. SGMF has published its…
Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels
Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for two new 40,000 m³ Medium Gas Carrier (MGC) vessels being built at HD Hyundai for…
Denmark’s energy islands to become regional game changers as offshore wind surges, says GlobalData
Offshore wind is becoming the backbone of Denmark’s clean energy future. The country plans to establish an artificial island in the North Sea with an initial capacity of 3GW and another island-based…
Saipem awarded a new contract in Türkiye for the client GOE Petrol Sanayi
Saipem has been awarded a new contract by GOE Petrol Sanayi for the Commissioning Services of the Osman Gazi Floating Production Unit (FPU), intended for the development of the Sakarya gas field in…
Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels
Nord Gas Solutions has been contracted to supply the Cargo Handling System and LPG Fuel Supply System for two new 40,000 m³ Medium Gas Carrier vessels being built at HD Hyundai for the shipowner…
Carbon cost “reimbursement right” in shipping’s EU ETS is largely unenforceable, new study finds
Shipowners and ship managers who pay the bill for emissions under the EU Emissions Trading System (EU ETS) may not be able to recover those costs from the party that mostly drives those emissions…
Is Europe’s gas market inching towards a winter crisis?
Supply disruption set to define winter prices Hopes that the war in the Middle East might end, allowing energy exports through the Strait of Hormuz to resume, were lifted by the signing of the…
Oil markets reprice risk as US–Iran ceasefire falters again, says GlobalData
The ceasefire agreed between the US and Iran in June 2026 came under renewed strain in July. US President Donald Trump described the ceasefire as over on July 8, following attacks on commercial…
India begins drilling in Mahanadi Offshore Basin for oil and gas in deep-water push
ONGC operates MN-DWN18-1-HD off Odisha coast Deep-water push to unlock new production capability India has started drilling the first appraisal well in the Mahanadi Offshore Basin --…
Energia Costa Azul, Mexico’s second LNG terminal, shipped first cargo
North America liquefied natural gas export facilities (2016–2031) Energia Costa Azul, the second liquefied natural gas (LNG) export facility in Mexico, shipped its initial cargo from Phase 1 of the…
Entr and Unitech Power Systems to support Scotland’s Bellrock Offshore Wind Farm
Aker Solutions’ consultancy arm, Entr and its wholly owned subsidiary Unitech Power Systems have been awarded a contract by Nadara, one of Europe’s largest renewable-energy independent power…
Gulf oil producers race to build alternatives to the Strait of Hormuz as oil nears $100
Gulf oil producers are spending billions of dollars on pipelines designed to route crude around the Strait of Hormuz, as Iran's grip on the waterway drags on causing oil prices to hit $100 a barrel…
Eni and KazMunayGas Mark First Electricity from the Gas Power Plant of Kazakhstan Hybrid Power Plant Project
Eni announces the achievement of First Industrial Electricity from the 120 MW Gas Power Plant, a key component of the 247 MW Mangystau Hybrid Power Plant Project developed in partnership with…
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