Energy.
Ula turns 40 a story about people, technology and value creation
On 6 October, it is 40 years since Ula started oil and gas production. The field was originally expected to produce for around 10–11 years. Four decades later, Ula is still in operation, thanks to technology development, continuous improvement and strong professional communities. When production started in 1986, few envisioned that Ula would still be operating 40 years later. New solutions,…
Chevron announces senior leadership changes
Chevron Corporation (NYSE: CVX) today announced the following senior leadership changes, effective January 1, 2027: Mark Nelson, currently vice chairman and executive vice president of Oil, Products…
How Kpler’s global data predicted refinery earnings — weeks before companies reported them
Before the bell Kpler is actively developing an earnings metrics prediction model powered by its proprietary global data. The results below are predictions that were made on July 8, 2026 and sent to…
EU methane regulation risks worsening the energy crisis
It’s not the first time Europe’s good intentions on tackling climate change have rubbed up against reality. In this case, the introduction of Article 28 of the EU’s Methane Emissions…
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…
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…
Boskalis awarded contract for inter-array cable installation at Zeevonk Offshore Wind Farm Phase 1
Boskalis has been awarded a contract by Zeevonk, the joint venture between Vattenfall and Copenhagen Infrastructure Partners, for the transport and offshore installation of the inter-array cable…
China’s resales of Australian LNG strengthens case for prioritising domestic users
Yesterday, the Queensland government expressed concerns about its federal counterpart’s proposed domestic gas reservation policy, which would redirect some gas production from liquefied natural gas…
Trump to consider diesel export restrictions amid political pressure
US President Donald Trump and US Secretary of the Treasury Scott Bessent said the administration was considering restricting diesel exports amid surging pump prices, following days of increasing…
Crude Oil Inventories Surge, Defying Market Expectations
The Energy Information Administration (EIA) has reported a significant increase in U.S. crude oil inventories, a development that caught market participants by surprise. The latest data reveals an…
European countries urge for joint policy action to tackle soaring oil prices
European leaders have called for joint policy action, including relaxed fuel quality standards and revised biofuels regulations, to help bring fuel costs down from record highs ahead of the peak…
PETRONAS invests in future talent through Education Sponsorship
PETRONAS welcomed more than 600 outstanding young Malaysians as recipients of its flagship PETRONAS Powering Knowledge Education Sponsorship programme, reaffirming its long-standing commitment to…
New LNG carrier for Petronas LNG “Puteri Kelantan” delivered
Kawasaki Kisen Kaisha, is pleased to announce that Puteri Kelantan, a liquefied natural gas carrier newly built for Petronas LNG was delivered on September 24, 2026 at Hudong-Zhonghua Shipbuilding…
DeepOcean and TFKable Group to develop integrated inter-array cable offering with cable-laying vessel
DeepOcean and the controlling entity of TFKable Group, comprising Tele-Fonika Kable, JDR Cable Systems and their affiliated and associated entities, have agreed to establish a joint venture focused…
Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for eight new VLGC vessels
Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for eight new 90,000 m³ Very Large Gas Carrier (VLGC) vessels ordered by BW LPG. The…
Offshore energy insurance market faces growing profitability pressures, reports IUMI
The global offshore energy insurance market remained challenging in 2025, with premium growth largely reflecting currency movements and changes in business mix rather than underlying market…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
