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HomeInternational News

International News

Equinor
Finance

Equinor exercises $100m option for Transocean semisub

June 5, 2025 Mariel Alumit

Norwegian energy major Equinor has exercised a two-well option for one of Transocean’s semisubs. The option, exercised for the 2010-built Transocean Spitsbergen, will contribute approximately $100m in backlog, excluding additional services. The work on the […]

Fortescue
International News

Fortescue’s mission to champion ammonia goes global

June 5, 2025 Mariel Alumit

Mining giant Fortescue is on a worldwide campaign to reshape the future of maritime decarbonisation with its flagship vessel, the Fortescue Green Pioneer, at the helm of a push to establish green ammonia as the […]

Norway
ENB Pub Note

‘Britain has gone to hell, like Norway’: John Fredriksen

June 5, 2025 Mariel Alumit

ENB Pub Note: We are seeing the intersection of green energy policies, the left’s political fervor to change, and the ‘woke’ movement influencing business migration. Businesses will relocate to countries that foster an environment conducive […]

OPEC+
Crude Oil News

Some OPEC+ Countries May Overcome Constraints to Boost 2025 Oil Production

June 4, 2025 Clark Savage

As global energy markets navigate a complex landscape of geopolitical pressures, demand fluctuations, and supply dynamics, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) remain pivotal in shaping oil prices and supply. […]

Big Oil Companies

Shell takes FID on Aphrodite project to supply Trinidad’s Atlantic LNG

June 4, 2025 Mariel Alumit

LNG Export Capacity of Trinidad and Tobago: Trinidad and Tobago’s liquefied natural gas (LNG) export capacity is primarily driven by the Atlantic LNG Terminal located in Point Fortin. The facility has four liquefaction trains, but […]

Electric Vehicles

Cargo Ship Fire Sparks Concerns Over EV Safety and Insurance Challenges

June 4, 2025 Clark Savage

In a dramatic turn of events, the Morning Midas, a cargo ship carrying approximately 3,000 vehicles—including 800 electric vehicles (EVs)—was abandoned in the Pacific Ocean on June 3, 2025, after a fire broke out 300 […]

Cai Mep LNG
International News

Vietnam’s Cai Mep LNG terminal gets commissioning cargo

June 4, 2025 Mariel Alumit

The 2006-built 145,000-cbm steam LNG carrier, Blue Dragon I, previously known as Stena Blue Sky, was at the Cai Mep LNG terminal in Vung Tau district, South Vietnam, on Wednesday, according to AIS data provided […]

Diesel

What will be powering ships in the 2030s?

June 4, 2025 Mariel Alumit

Realistic, pragmatic, or jaded? Splash readers are a funny bunch. Despite the huge amount of articles and columns carried every week on decarbonisation, 49% of respondents to our survey for this magazine reckon that the […]

COSCO
International News

COSCO launches MPP fleet push with up to 30 newbuilds

June 4, 2025 Stu Turley

China’s COSCO Shipping Bulk has signed up for a massive newbuilding programme in the multipurpose segment that could see up to 30 newbuildings delivered for a total of $1.5bn. The dry bulk arm of the […]

Electrical Generation / Utilities

French offshore wind farms to curb production during negative prices – and what is France’s energy mix

June 4, 2025 Stu Turley

The bottom line is that it would be better for France’s consumers never to have installed Wind energy. French Energy Mix France’s electricity mix is heavily dominated by nuclear power, supplemented by renewables and smaller […]

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