Floater specialist BW Offshore has signed a head of agreement with Equinor confirming its selection as the preferred bidder for the FPSO unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada. Bay […]
In a significant move to curb Iran’s illicit oil revenues, the U.S. Treasury Department has imposed sanctions on a shipping network accused of smuggling Iranian crude oil by disguising it as Iraqi crude. The network, […]
Hookaido Gas said in a statement that it held a ceremony to celebrate the trucking milestone. The utility launched its LNG satellite supply business in 2012, coinciding with the start of operations at the Ishikari […]
According to a joint statement, the liquefaction hub will be located at the planned Fermeuse marine supply base, transforming Newfoundland and Labrador into a “major” LNG exporter to Europe and beyond. Fermeuse will deploy “advanced” […]
The Shanghai Cooperation Organization (SCO) has kicked off a pivotal summit in Tianjin, China, from August 31 to September 1, 2025, bringing together leaders from across Eurasia to discuss security, trade, and a vision for […]
In November 2023, Gaz-System announced it had not received binding capacity orders at a “sufficient level” to proceed with the implementation of the second Gdansk FSRU. Gaz-System is currently building an FSRU-based terminal in the […]
Among these vessels, 52 LNG carriers with a total capacity of 8.763 million cubic meters have been put into operation, 35 LNG carriers with a total capacity of 6.285 million cubic meters are under construction, […]
In a significant development underscoring the deepening energy ties between Russia and China, Presidents Vladimir Putin and Xi Jinping met in Beijing on September 2, 2025, where a breakthrough agreement on the Power of Siberia […]
A chemical tanker owned by Idan Ofer’s Eastern Pacific Shipping came under attack from the Houthis yesterday. The five-year-old, 20,000 dwt Scarlet Ray reported an explosion nearby while underway passing the coastline of Saudi Arabia. […]
In an era where energy demands are skyrocketing and climate change is reshaping weather patterns, Norway stands as a prime example of the vulnerabilities inherent in over-reliance on a single energy source. As Europe’s hydropower […]
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