Petronas will pool resources with PetroVietnam to explore opportunities in the upstream, renewables, and downstream sectors in Vietnam.
TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.
Norwegian shipowner Misje Rederi has celebrated the ceremonial launch of Misje Flora, its 4th eco-friendly hybrid bulk carrier, crafted at Colombo Dockyard in Sri Lanka. According to Misje Rederi, the launch, spearheaded by the company’s CEO Roald Misje, marks a bold move in blending conventional an
South Korea’s shipbuilding major HD Korea Shipbuilding & Marine Engineering (HD KSOE) has won an order for the construction of two crude oil carriers.
The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.
U.S.-based LNG company Excelerate Energy and the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) have signed an LNG sale and purchase agreement (SPA) under which Petrobangla agreed to purchase 0.85 to 1 million tons per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning Jan
A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.
Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.
In today’s rapidly evolving landscape, it is no longer a question of whether to decarbonize, but rather how to do it effectively and strategically. The imperative to reduce carbon emissions and embrace sustainability has become an indisputable reality for businesses across industries. The focus has
M/V Torrens has become the first vessel operated by Wallenius Wilhelmsen to bunker B30 HSFO biofuel while calling at Masan Port, South Korea.
Danish container shipping giant A.P. Moller-Maersk unveiled this morning a further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the container shipping industry. Despite
South Korean shipbuilding giant HD Hyundai has developed its own low-carbon electric propulsion system for very large crude carriers (VLCCs).
