The Trump Administration is working to roll back the severe restrictions on oil and gas drilling in Alaska imposed by the Biden administration, Interior Secretary Doug Burgum has said. The Biden administration suspended in 2021 oil leases in […]
I have added the international 2025 numbers for the top producers above the current EIA Lower 48 production number report. The United States is the world’s leading crude oil producer in 2025, significantly outpacing other […]
UK shipowner Union Maritime has launched a new lease financing programme, which will help accelerate the adoption of wind-assisted propulsion systems in the maritime sector. The new programme, named SeaBreeze, offers 100% financing, making sustainable […]
Recent projections from Goldman Sachs indicate that OPEC+ is likely to conclude its series of production increases in August 2025, marking a significant shift in global oil supply dynamics. This forecast, based on Goldman’s analysis […]
EuropeOperations Wallenius Wilhelmsen Wallenius Wilhelmsen Oslo-listed Wallenius Wilhelmsen has secured a renewed logistics contract with one of its long-standing strategic automotive original equipment manufacturer (OEM) partners. The new deal spans three years and is expected […]
John Fredriksen-backed Flex LNG has arranged a $175m lease financing for its 173,400 cu m Flex Courageous LNG carrier. The JOLCO refinancing deal will generate net proceeds of approximately $42m and extend debt maturity to […]
AsiaOffshore SP Energy SP Energy Malaysian oilfield services company Bumi Armada and its joint venture partner Shapoorji Pallonji Energy (SP Energy) have won a contract from ONGC for the bareboat charter of the Armada Sterling […]
Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have established a liquefied gas shipping joint venture. The new 50:50 joint venture will be named Solvang Gas Carriers. It will initially own Solvang’s fleet […]
Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on […]
ENB Pub Note: We are observing this trend globally, and LNG remains the fastest-growing source of energy for coastal markets. I have added the basic energy mix for Vietnam over the update from LNGPrime.com Vietnam’s […]
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