Energy.
TotalEnergies announces Final Investment Decision for Absheron Full Field Development in Azerbaijan
Project will increase Absheron gas production to 6 BCMA Gas will be supplied to the domestic market and exported to Turkey TotalEnergies (35%, operator), together with its partners SOCAR (35%) and XRG (30%), have taken the Final Investment Decision (FID) for the Full Field Development of the Absheron gas and condensate field. Located in the Caspian Sea, 100 km south-east of Baku, the…
WindEnergy Hamburg where the future of wind energy is negotiated
From market trends and energy storage to the expansion of offshore wind farms, and through to global growth potential: WindEnergy Hamburg’s six stages will bring together thought leaders from the…
ABO Energy and the City of Oulu sign agreement to advance hydrogen plant zoning
ABO Energy and the City of Oulu have signed a cooperation agreement to advance plans for a large-scale green hydrogen production facility in Oulu, northern Finland. The agreement builds on a site…
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…
Energy Efficiency takes centre stage at SMM 2026
New Energy Efficiency Hub showcases market-ready approaches to more efficient vessel operations The maritime industry faces the dual challenge of significantly reducing emissions while remaining…
States urged to support the IMO Net-Zero Framework over watered down alternatives
As governments prepare to resume negotiations at the International Maritime Organization (IMO) in September, new legal proposals have been circulated that could weaken the Net-Zero Framework (NZF),…
Saudi Aramco profits jump 33% in second quarter as Iran war squeezes oil supply
Saudi Aramco reported a jump in second-quarter profit, following a period of severe disruption through the Strait of Hormuz amid the sprawling Middle East conflict. The world’s largest oil company…
EmissionLink calls for fairer EU ETS expansion and greater reinvestment in maritime decarbonisation
The proposed expansion of the EU Emissions Trading System (EU ETS) must provide fair treatment for shipping and deliver meaningful emissions reductions, according to emissions compliance specialist,…
ASRY celebrates its 200th Offshore Rig Project Milestone following the completion of the VALARIS 250 Bob Palmer project
The Arab Shipbuilding and Repair Yard Company celebrated the completion of its 200th offshore rig project, marking the successful delivery of the VALARIS 250 offshore rig project. The event brought…
PETRONAS and Regional Partners advance Offshore oil recovery
PETRONAS, through Malaysia Petroleum Management (MPM), has signed a Memorandum of Understanding with regional Exploration and Production operators and University Technology PETRONAS to jointly…
“K” LINE signs shipbuilding contracts for four LNG-fueled car carriers for European Short-sea Business
Kawasaki Kisen Kaisha, is pleased to announce that it has signed shipbuilding contracts with China Merchants Jinling Shipyard for four 1,380-vehicle capacity LNG dual-fuel car carriers. The vessels…
MOL invest in the first offshore LNG liquefaction facility in the United States
Upstream LNG Value Chain Expansion Mitsui O.S.K. Lines, together with Delfin Midstream, a group of investors led by Global Infrastructure Partners , a part of BlackRock, and Vitol has reached a Final…
MEG offshore sector resilience in the short term, structural risks on the horizon
Owners and operators seek options as secondary impacts from the Strait of Hormuz closure continue to ripple across Gulf energy markets and into Asia A combination of contract terminations, spiralling…
BW LPG exits investment in confidence petroleum India following sale of 8.50% equity stake
BW LPG announces that it has completed the sale of its 8.50% equity stake in Confidence Petroleum India Limited Following the announcement made on 20 May 2025 on BW LPG’s cessation of investment in…
ACG celebrates first non‑associated gas
bp, as operator of the Azeri–Chirag–Gunashli field development, today announced on behalf of the ACG co‑venturers – SOCAR, MOL, INPEX, ExxonMobil, TPAO and ONGC Videsh – the commencement of…
“K” LINE secures time charter contract of newly built liquefied CO2 carrier for Northern Lights
Kawasaki Kisen Kaisha, is pleased to announce that, jointly with Malaysia-based MISC Berhad, it has secured a time charter contract for a newly built 12,000 m3 liquefied CO2 carrier from Northern…
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