Energy.
European gas slides; ECB warns of quicker inflation impact
European and British wholesale natural gas prices extended their downward march on Monday, dropping over 2% as growing evidence of maritime tankers securing alternative bypass routes around Persian Gulf choke points helped deflate extreme energy risk premia. The benchmark Dutch front-month TTF contract fell 2.5% to trade at 77.55 euros per megawatt-hour (MWh), building on last week’s…
Trillion Energy announces name change and new Trading Symbol
Trillion Energy announced a name change to "Dune Oil Corp." (the "Name Change"), which will be effective on August 4, 2026. The name change reflects the Company’s strategic pivot to oil development…
bp to market North Sea business
bp announced that it is launching a process to market its North Sea business for a potential sale. The decision forms part of bp's ongoing portfolio review and reflects its disciplined approach to…
DOF Group ASA – Contract extensions for Skandi Buzios and Skandi Recife
DOF Group announced two new long-term contract extensions with Petrobras in Brazil. Following successful negotiation with Petrobras, the PLSVs Skandi Buzios and Skandi Recife have secured…
LNG Bunker Snapshot: Rotterdam’s LNG price rises on US-Iran tension-induced supply concerns
Weekly changes in LNG bunker prices: Rotterdam up by $48/mt to $901/mt Singapore up by $48/mt at $1,086/mt Baltics up by $47/mt to $1,006/mt Rotterdam Rotterdam’s LNG bunker price has surged by…
WindEnergy Hamburg: More power to offshore
Wind energy from the open seas is a key driver of renewable energy. But challenges have increased of late. At WindEnergy Hamburg from 22 to 25 September 2026, suppliers will showcase their safety-…
Chevron and ZL Chemicals announce Technology Licensing Agreement for Advanced Chemical Surfactant Technology
Vantis™ technology designed to support resource recovery in shale and tight reservoirs Chevron Technical Center, a division of Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX),…
U.S. exports of crude oil and petroleum products reached record in April
U.S. petroleum exports reached a record in April as disruptions to international crude oil and refined product flows through the Strait of Hormuz increased global demand for U.S. exports. Exports…
Hunting awarded $63.5 million of subsea orders for Guyana
Hunting PLC (LSE: HTG), the precision engineering group, today announces that it has been awarded orders totalling $63.5 million for its titanium stress joint (“TSJ”) product line, for a new offshore…
Transocean announces contract awards totaling $1.0 Billion
Transocean Ltd. announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for two ultra-deepwater drillships in Brazil. In aggregate, the fixtures…
ADNOC and OMV announce Executive Leadership for Borouge Group International AG
Executive leadership team comprises Roger Kearns as Chief Executive Officer, Dr. Stefan Doboczky as Chief Commercial Officer, and Dr. Hasan Karam as Chief Operating Officer New external Chief…
BW Energy secures 25‑year extension of Dussafu licence offshore Gabon
BW Energy announced that the Company has agreed a 25‑year extension of the Dussafu Marin production licence offshore Gabon. Following an agreement with the Ministry of Oil and Gas of the Gabonese…
Korean Refiners’ export hit record-high in March amid Crude Supply Shortage
Petroleum product exports hit a record-high March value on surging prices while Strait of Hormuz disruptions threaten April supply and squeeze margins Although domestic petroleum product…
GSR signs Memorandum of Understanding with Japan’s DORD to conduct joint demonstration test in the Clarion-Clipperton Zone
Global Sea Mineral Resources (GSR), the deep‑sea exploratory subsidiary of DEME, has signed a Memorandum of Understanding (MOU) with Deep Ocean Resources Development Co., Ltd. (DORD) of Japan to…
AKERBP celebrates completion of major Valhall module in Grimstad
The 1,000-tonne MEG module for the new platform at the Valhall field is now ready for transport from Nymo’s yard in Grimstad. Today, employees, apprentices, partners and authorities gathered to…
Seadrill announces West Polaris contract extension in Brazil
Seadrill announced the ultra-deepwater drillship, West Polaris, was awarded a 1,095-day contract extension with Petrobras for the Búzios field in the Santos Basin, offshore Brazil. The additional…
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