
China’s plug-in hybrid electric vehicle manufacturer BYD has welcomed a new 7,000 CEU LNG dual-fuel car carrier built by Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation (CSSC).

Two European energy giants, the UK-headquartered BP and Italy’s Eni, have signed on the dotted line to pursue hydrocarbon exploration activities in the Mediterranean Sea, which will lend Egypt a helping hand in augmenting the Middle Eastern country’s oil and gas production volume.