New Delhi is interested in boosting long-term supplies of Russian coal and liquefied natural gas (LNG), Moscow’s ambassador to India, Denis Alipov, has said. Speaking at the Oil and Gas Annual Conference in New Delhi […]
German Chancellor Olaf Scholz submitted a request to hold a vote of confidence on Wednesday (11 December), setting in motion the process for Germany to hold snap elections in February 2025, as planned. Scholz […]
Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels for the week to December 6. In fuels, however, the EIA estimated sizable builds. The crude oil inventory figure compared with […]
Living in a net-zero home is often a luxury for those who can afford solar panels, state-of-the-art HVAC and other innovations and renovations. But lower-income people are those who could benefit most from energy […]
Hudong-Zhonghua Shipbuilding COSCO Shipping Energy Transportation (CSET), the oil and gas shipping unit of COSCO Shipping Group, and Japan’s Mitsui OSK Lines (MOL) are teaming up for six supersize gas carrier newbuilds that will serve […]
TECO 2030 One of Europe’s more high-profile marine fuel cell developers has filed for bankruptcy. Norway’s TECO 2030 made the announcement last night, saying it was no longer possible to raise sufficient capital to continue […]
South Korea’s largest port is set for huge expansion, taking over quayside at a nearby city. South Korea’s oceans ministry unveiled plans today to invest KRW14trn ($9.75bn) through 2045 to upgrade Busan port. South Korea […]
MSC Alphaliner is reporting another big order from the world’s largest containerline, taking the orderbook at Mediterranean Shipping Co (MSC) past the 2m teu mark. MSC has tapped one of its new favourite yards, Hengli […]
Beitveit Holding Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) is expanding its fleet with the acquisition of a multipurpose survey vessel (MPSV) from Norway’s Beitveit Holding. The Milan-listed company, part of Naples-based […]
MOL Mitsui OSK Lines (MOL) has beefed up its orderbook with a new deal for newcastlemax bulk carriers in China. Newbuilding brokers say the Japanese shipping giant has contracted four 210,000 dwt units at leading […]
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