Oil prices decreased sharply following comments from President Trump indicating the U.S. is close to a nuclear deal with Iran. Iran’s officials have suggested they would consider abandoning uranium enrichment if the United States lifts […]
Offshore support and accommodation vessels company Keyfield International has entered into a memorandum of understanding with Indonesia’s PT Elnusa Trans Samudera (ETSA). Keyfield entered into the agreement through its subsidiary Keyfield Offshore. The collaborative framework […]
Staatsolie arranged the loan with a group of 18 international, regional and local banks and financial institutions. With this loan, the company can partly finance its 20% participation in the GranMorgu project in Suriname’s offshore […]
All five developers that were awarded capacity in Taiwan’s latest offshore wind tender have submitted their contracts to the country’s Ministry of Economic Affairs. The five tender winners were originally announced in August 2024 with […]
ENB Pub Note: Why is this important, and what is not readily understood? By following Net Zero policies, they have shut down their steel mills using coal, requiring them to use arc furnaces that can […]
Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 41,996 mt last month. This compares to 35,552 mt in April 2024. Also, this is the highest monthly […]
Danish shipping giant Norden has decided to increase its multi-purpose (MPP) fleet by signing newbuilding leases with purchase options for two vessels. These two vessels are options to the recently signed deals for two identical […]
ENB Pub Note: Until the EU sanctions Chinese or Indian refineries, Russian oil will still reach its biggest buyers. I have included a summary of the sanctions, and Russia has had a 4.2% GDP growth […]
ENB Pub Note: Not sure if it is even viable, but included a summary of the e-methanol market on top. Key Points Research suggests the e-methanol market size in 2025 is around USD 2.59 billion, […]
ENB Pub Note: The second-tier sanctions against the Chinese refineries may be the most effective. I included a summary on top, with the newest announcement on the bottom. The Trump administration imposed extensive sanctions on […]
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