Energy.
Reinforcement of the Afsluitdijk completed Coastal protection
Dutch Minister of Infrastructure and Water Management, Vincent Karremans, officially commissioned the new pumping station and new discharge sluices at Den Oever, marking the completion of the large-scale reinforcement and modernisation of the Afsluitdijk. The upgrades strengthen the Netherlands' protection against high water from the sea and increase the capacity to discharge water from…
Nord Gas Solutions Regasification System selected by Excelerate Energy for FSRU conversion project
Nord Gas Solutions has been awarded a contract to supply the regasification system module for Excelerate Energy’s first FSRU conversion project. The module will be installed aboard the ’Methane…
EIA raises oil price forecasts as Middle East supply drops
The U.S. Energy Information Administration raised its oil price forecasts for 2026 and 2027 on Wednesday, citing rapidly falling global stockpiles due to lost Middle Eastern supply from the ongoing…
Global coal demand set to increase this year amid Middle East conflict
Energy market disruptions caused by the conflict in the Middle East are pushing global coal demand higher this year as sharp rises in natural gas prices prompt countries to turn to alternative…
US-Venezuela pact seeks 1.5 million b/d of oil output: Rodriguez
Venezuelan Interim President Delcy Rodriguez said Aug. 29 that a newly signed binational oil agreement with the US targets production of more than 1.5 million b/d from 17 strategic fields over a…
Equinor brings its largest energy storage project online in the US
East Point Energy, a wholly owned Equinor company, has completed construction and started operations at Citrus Flatts, a 100 MW/200 MWh energy storage facility in Harlingen, Texas. With this…
Titan and Sogestran agree long-term partnership for new 6,000cbm LNG bunker vessel
Agreement covers the construction, charter and operation of the vessel in the Western Mediterranean. Titan Clean Fuels, part of Molgas Group, has entered into a long-term agreement with shipowner…
Deltamarin and Offshoretronic SL unveil groundbreaking new jackup monopile and wind turbine installation vessels at SMM 2026
On the second day of SMM 2026, the world’s leading maritime industry trade fair in Hamburg, Deltamarin Ltd. and Offshoretronic S.L. formally announced the signing of an Exclusive Engineering…
Goldman upgrades oil prices forecast on higher structural security premium
Goldman Sachs revealed in a note Monday morning that it has raised its long-dated oil price assumption by $9 per barrel to $76 at the peak of the U.S.-Iran war, citing a higher structural security…
Halliburton wins Integrated Drilling and Completions Contracts for Granmorgu Deepwater Project Offshore Suriname, Operated by Totalenergies
Halliburton wins major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies. The agreement includes drilling and completions…
Spain’s first offshore solar platform arrives at the Port of Valencia to begin its testing phase
Bluenewables, Naturgy, and the Valencia Port Authority are promoting a pioneering open-sea floating solar project, the testing phase of which will take place in the waters of the Port of Valencia…
PETRONAS and Shizuoka Gas Reinforce longstanding LNG partnership
PETRONAS LNG, a subsidiary of Petroliam Nasional Berhad has signed a new Liquefied Natural Gas Sale and Purchase Agreement with Shizuoka Gas , reinforcing a trusted partnership spanning three…
Iranian floating crude storage decreases in June as sanctions relief clears cargoes
Crude on tankers drops 50% as sanctions ease Chinese refiners cut Iranian imports by 43% Regular Middle East crude regains competitiveness Floating storage of crude and…
Biofuel Bunker Snapshot: B30-VLSFO prices gain
Rotterdam and Singapore B30-VLSFO premiums over VLSFO rise
Slight gain for Rotterdam's B100 price
GAP to claim emission reductions from Maersk voyages
Prysmian brings in new state-of-the-art burial tool to keep submarine cables safe
Prysmian has put into operation a brand-new burial tool – the latest generation heavy-duty plough - used for burying submarine cables deep under the seabed. The burial tool –…
Jet fuel flows through Suez Canal rise as Strait of Hormuz risks persist
Share of jet fuel flows via Suez rise to 94% Hormuz shipping risks return with US-Iran strikes Flows of jet fuel through the Suez Canal in the Bab al-Mandab Strait have picked up in…
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