Energy.
Australia’s accelerated coal phase-out demands swift dispatchable capacity replacement, says GlobalData
Australia operates one of the world’s fastest-decarbonizing power systems, marked by a rapid structural shift away from thermal baseload generation toward solar, wind, and storage. With the retirement of major coal-fired power stations accelerating and the federal 82% renewable electricity target for 2030 approaching, the country is deploying substantial market and policy mechanisms to safeguard…
GMI awards eCap Marine contract for two additional hydrogen-powered bulk carriers
Follow-up project includes two newbuild 3,000 DWT vessels for operation along the Norwegian coast. eCap Marine has secured another contract for the supply of hydrogen-based energy systems for the…
Chevron expands position in Venezuela
Chevron Corporation announced agreements with Venezuelathat establish updated terms for its joint ventures, supporting future investment, project development and production growth in the country.…
Autonomous drilling operations require new solutions for human oversight
As automated drilling systems become more autonomous and make decisions unaided, the need for effective human oversight is increasing. This requires the technology to be designed in such a way that…
Vegard Frihammer appointed new CEO of Vireon
The Board of Directors of Vireon AS has appointed Vegard Frihammer as the company’s new CEO. Frihammer joins Vireon from his position as Vice President Business Development at Corvus Energy Fuel Cell…
Himile delegation to Norway advances LCO₂ Tank Development
Provaris welcomed a delegation from Himile Heavy Industries to Oslo and Fiskå for a series of technical workshops conducted under our Memorandum of Understanding with Yinson. MOU with Yinson and…
Offshore wind push to reshape Türkiye’s renewables landscape, says GlobalData
Türkiye is stepping into its first major offshore wind chapter with the launch of its inaugural offshore YEKA tender, an event that could reshape its power-generation mix, unlock vast investments,…
Saipem signed a Letter of Intent for Rovuma LNG onshore project in Mozambique
The final award to Saipem, within the SMDC joint venture, is subject to the Final Investment Decision (FID), and government and regulatory approvals expected within 2026. Saipem S.p.A., leading…
Energy Perspectives 2026 presents diverging pathways for global developments to 2050
Energy Perspectives 2026 explores how shifting geopolitical and economic dynamics shape long-term developments toward 2050. The analysis presents possible pathways, not predictions. The 16th…
LNG as a marine fuel: what it is, where it stands, and why it matters in 2026
In 2026, LNG has stopped being a pilot fuel in shipping. Roughly 800 LNG-capable vessels are in service and another 600 are on order. Bunkering is available in 222 ports worldwide, supplied by 62…
Samsung Heavy Industries wins first US Offshore LNG deal
Samsung Heavy Industries announced on June 10 that it held the main contract signing ceremony for the ‘Delfin FLNG Project,’ which will become the first offshore LNG export outpost in the US. This…
Prince Madog hydrogen fuel cell retrofit wins LR certification
The Prince Madog will be the first sea-going, manned hydrogen retrofit of its kind. The UK-flagged research vessel Prince Madog has received certification for a hydrogen fuel cell retrofit, following…
Entr awarded $1.2million to accelerate CO₂ transport and storage project in Canada
Aker Solutions’ consultancy arm, Entr has been awarded $1.2 million in funding from the Government of Canada to explore the future of offshore carbon transport and storage. The project will…
Aker BP accelerates exploration and field development productivity through strategic partnership with Viridien
Aker BP has entered into a strategic partnership agreement with Viridien to improve productivity in exploration and field development on the Norwegian Continental Shelf . The agreement establishes a…
PETRONAS strengthens strategic partnerships and state participation to sustain domestic energy value
PETRONAS, through its wholly owned subsidiary, PETRONAS Carigali Sdn Bhd, has entered into several agreements involving selected producing upstream assets in Peninsular Malaysia and Sarawak,…
First ever dual-fuel ammonia oceangoing vessel
EXMAR is proud to announce the historic delivery of MGC ANTWERPEN, the first oceangoing vessel powered by a dual-fuel ammonia engine. As a gas shipowner and infrastructure developer, EXMAR is taking…
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