Energy.
European natural gas stabilize from two-week lows; UN talks in focus
European and British wholesale natural gas futures rebounded on Tuesday, rising 1.6% each as energy desks locked in profits and recalibrated risk premia following a steep early-week sell-off driven by diplomatic headlines out of New York. The benchmark Dutch front-month TTF contract advanced 1.6% to trade around 78.80 euros per megawatt-hour (MWh), recovering from a near two-week low touched…
DOF Group ASA – Contract awards for 2x AHTS vessels
DOF Group announced that it has been awarded firm contracts with a duration of more than 1 year and expected commencement in Q1 of 2027 for two of its AHTS vessels. The expected value of…
WindEnergy Hamburg: Artificial Intelligence maximises performance
The digital transformation delivers additional impetus to the onshore and offshore wind energy industry. At WindEnergy Hamburg from 22 to 25 September 2026, innovative exhibitors will present AI…
Capital Ship Management, K Shipbuilding and LR target scalable wind-assisted propulsion for MR tanker sector
The project will assess whether wind-assisted propulsion can deliver commercially viable efficiency gains for standard product tanker operations. Capital Ship Management K Shipbuilding and Lloyd's…
Shell completes sale of Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners
Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, Inc., that comprises Shell’s United States (“U.S.”) lubricants business, has completed the previously…
bp exits Bay du Nord interest as part of continued portfolio simplification
bp has agreed to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to Equinor. The transaction is consistent with…
DOF Group awarded contract in the APAC region
DOF Group announced a Large* contract award for Subsea Construction and Pre-Commissioning Support services in the APAC region. Skandi Inventor will be deployed for the execution of offshore…
Equinor announces contract awards for four development projects on the Norwegian continental shelf
On behalf of partners, Equinor has awarded contracts worth around NOK 6 billion for four subsea projects. They are part of the first of several planned subsea development waves, in which contracts…
TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in Asia
Binding agreement to merge onshore renewable activities in nine countries across Asia Each company will contribute assets of comparable value, totaling 3 GW of operational…
Chevron announces Senior Leadership Changes
Chevron Corporation announced leadership updates that reflect the company’s continued focus on strong operational performance and safety. Chevron has appointed Daniel Woodall as Chief Health, Safety…
Asian refiners pivot to US crude on Hormuz disruptions, lifting WTI spot premium
Spot premiums for US crude grades are expected to continue rising as Asian refiners ramp up WTI Midland crude imports to bridge the gap caused by reduced Middle Eastern cargo deliveries, making US…
PETRONAS continues close monitoring of Malaysia’s fuel supply
PETRONAS continues to closely monitor the nation’s fuel supply to help safeguard stability nationwide amid the ongoing West Asia crisis. Even though Malaysia is an oil-producing nation, it is not…
First FuelEU maritime cycle reveals falling pooling prices and rising market adoption says Kickster FuelEU marketplace
As the first compliance cycle under the EU’s FuelEU Maritime Regulation approaches completion at the end of April, early market data indicates a rapid evolution in compliance strategies and…
Clean Arctic Alliance the push for an Arctic fuel measure, emission control areas come into force, and the risks of LNG carriers
With the IMO's recent PPR13 meeting behind us, we take a look at what IMO member states must do to achieve an effective Arctic fuels measure. We also review the coming into force of Emission Control…
TotalEnergies completes the merger of its UK North Sea upstream assets with NEO NEXT in UK
TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK Upstream Oil & Gas business. The combined group is renamed NEO NEXT+ and TotalEnergies holds a 47.5%…
ARA fuel oil stocks down 20%
The ARA’s independently held fuel oil stocks have slumped 20% lower in March so far, according to Insights Global data. Changes in monthly average ARA stocks from February to March so far: • Fuel…
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