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Middle East’s brewing cauldron of geopolitical tensions: Are oil & gas and LNG prices at risk of spiking to 2022 levels?
The Iran-Israel escalation puts the Middle East on the verge of a wider war with the potential to wreak havoc on global trade flows, and oil, gas, and LNG exports.
EPS and Yinson GreenTech join forces on electric vessel trials in Singapore
Yinson GreenTech (YGT), a Singapore-based green technology solutions provider, has signed a letter of intent (LOI) with compatriot shipping company Eastern Pacific Shipping (EPS) to work together on electric vessel deployments in Singapore.
Industry-first advisory on methanol bunkering published by ABS
Classification society ABS has published an industry-first advisory on methanol bunkering.
Technip Energies wins multi-million assignment on TotalEnergies’ LNG project in Oman
Technip Energies has won an EPC contract for an LNG project in Oman, developed by an integrated company consisting of TotalEnergies and OQ.
TotalEnergies becoming sole owner of Malaysian firm to boost gas production
TotalEnergies has taken steps to bolster its gas production in Malaysia by signing a deal with Sapura to obtain its entire stake in SapuraOMV.
Balticconnector gas pipeline back in operation following six-month shut-down
The Balticconnector gas pipeline between Finland and Estonia, which was shut down in October 2023 due to a rupture, has commenced commercial operations following the completion of repair work. Estonian transmission system operator (TSO) Elering and its Finnish counterpart Gasgrid closed Balticconnec
ACWA Power unites with IRENA to bolster renewable energy transition
ACWA Power, has signed an agreement to partner with the International Renewable Energy Agency (IRENA) to drive the worldwide transition to renewable energy sources.
Tenth LNG dual-fuel bulker joins Himalaya Shipping’s fleet
Bermuda-based bulk carrier company Himalaya Shipping has taken delivery of the tenth 210,000 dwt Newcastlemax LNG dual-fuel newbuild from China’s New Times Shipyard.
MOL to install CO2 capture system onboard LR1 product tanker
Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to equip its LR1 product tanker with Value Maritime’s Filtree system, an onboard CO2 capture system with a SOx scrubber.
Singapore-LA-LB green shipping corridor has vast decarbonization potential, study finds
One year after the signing of the memorandum of understanding (MoU) to establish a Green and Digital Shipping Corridor (GDSC), the Maritime and Port Authority of Singapore (MPA), Port of Los Angeles and Port of Long Beach have completed a comprehensive baselining study. As informed, the study foreca
Tidal test site in Massachusetts first in US to receive federal license
The BTTS stands as the sole tidal test site in the U.S. to attain this license. With this license, the turbines can directly feed renewable electricity into the grid.
Equinor and Nexans extend long-term relationship with four-year agreement
Designer and manufacturer of cable systems Nexans and Norwegian state-owned energy giant Equinor have expanded their long-standing relationship with a four-year contingency and preparedness contract. The long-term collaboration between the two companies is extended through a four-year agreement that
SBM Offshore gets its hands on $250 million FPSO construction loan
Dutch FPSO operator SBM Offshore has secured a term loan facility that will be used for building an FPSO vessel.
Yang Ming wraps up inaugural biofuel bunkering in Shenzhen with Banle Energy’s assistance
Yang Ming has completed its inaugural B24 biofuel bunkering supply in Shenzhen, China, with support from Banle Energy.