Energy.
Oceaneering announces U.S. Navy Dry Deck Shelter Award
Oceaneering International, Inc. announced that its Aerospace and Defense Technologies (“ADTech”) segment has been awarded a follow-on U.S. Navy contract to provide Dry Deck Shelter maintenance, overhaul, engineering, and field change services. This five-year contract, consisting of one base year and four option years, has a potential value of $154 million and supports the safe and reliable…
European gas prices surge to highest since 2023 on Iranian threat
European wholesale natural gas prices spiked to their highest levels since early 2023, driven by mounting fears that escalating military confrontation involving Iran could disrupt vital energy…
Bunker price volatility boosts freight rates for LNG-fueled dirty tankers
Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts…
Goldman ups oil price forecasts as Mideast disruptions seen extending into 2027
Goldman Sachs raised its Brent and WTI crude price forecasts on Sunday, expecting shipping disruptions in the Middle East to persist into next year. The team, led by Daan Struyven, lifted its…
DP World’s shipping solutions names its first methanol dual-fuel vessel,advancing lower-emission trade
Container ship DP World London strengthens DP World’s investment in lower-emission maritime transport DP World’s Marine Services business, Shipping Solutions (“Shipping Solutions”), has named its…
Europe’s gas stores are running low — and prices could top 100 euros this winter
Europe is struggling to fill its natural gas stores ahead of winter, raising the risk that competition with Asia for supplies will push prices above 100 euros (around $117) per megawatt-hour for the…
Allseas announced delivery of North Cormorant topsides to shore marks a decade of single lift
Ten years after completing its first commercial single-lift operation, Pioneering Spirit has safely removed and delivered TAQA UK's North Cormorant topsides to Shetland for dismantling and……
Climate TRACE Data show marginal increase in Global Emissions in the First Half of 2026
The newest data release provides early insight into the greenhouse gas impacts of disruptions to energy markets, and uneven progress in decarbonisation. Climate TRACE released June 2026 greenhouse…
Energy-efficiency measures first as low-GHG fuels and technologies scale
In an age of regulatory shift, geopolitical uncertainty and commercial pressure it can be difficult to keep decarbonisation efforts on track. How can you plan for tomorrow when today’s realities are…
Equinor acquires bp’s interest in Bay du Nord project
Equinor has reached an agreement with bp to acquire its interest in the Bay du Nord project offshore Canada, increasing Equinor’s ownership to 100%. The transaction reflects bp’s ongoing portfolio…
Skuld announces UK Emission Trading Scheme for Maritime entering into force on 1 July 2026
Following the EU regulations aimed at reducing greenhouse gas (GHG) emissions in shipping, the UK Emission Trading Scheme (UK ETS) for Maritime became effective on 1 July 2026 and applies to domestic…
Equinor extends helicopter contract worth NOK 1.7 billion
Equinor has extended its agreement with CHC Helikopter Service for personnel transport and search and rescue services in Central Norway until 2030. Equinor has exercised two options with CHC. The…
Governments around the world commit to making energy efficiency a cornerstone of energy policy amid Strait of Hormuz crisis
Dozens of governments from across the globe issued a joint statement today agreeing to make energy efficiency a cornerstone of energy policy, recognising its critical role in building resilience…
Renewable shipping fuel supply at risk as EU Proposal threatens key delivery pathway
Eurogas and 44 co-signatories are warning that proposed changes to EU sustainability certification rules could undermine liquefaction by equivalence, a key pathway used to supply bioLNG and eLNG to…
First order of its kind Svanehoj to supply LTD gauging systems for an LNGC-to-FSU conversion
The order strengthens Svanehoj’s position in offshore LNG infrastructure as demand grows for LNG carrier conversions. As offshore energy projects seek to extend the lifetime and functionality of…
TotalEnergies divests its minority non-operated interest in Marjoram gas field in Malaysia
TotalEnergies announces the divestment to INPEX of its 85% interest in Block 2E offshore Malaysia, representing a net interest of 8.5% in the Marjoram gas field currently under development, for a…
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