The U.S. oil and gas industry is witnessing a persistent decline in active drilling rigs, reflecting ongoing market uncertainties and volatile oil prices. According to the latest data from Baker Hughes, the total number of […]
The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their most violent maritime campaign since early 2024, killing at least three seafarers, […]
Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies […]
South America is emerging as the epicenter of a new oil boom, with Brazil, Guyana, and Argentina leading the charge. As global oil majors like ExxonMobil, Chevron, and others pivot to these resource-rich nations, their […]
Exclerate said in a social media post on Tuesday that the reliquefaction unit is expected to be installed during the next planned dry dock for the 2014-built 174,000-cbm Experience. “As the sole provider of FSRUs […]
Daily Standup Top Stories UAE Says Oil Market Needs More Oil with Healthy Demand July 9, 2025 Clark Savage The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister […]
The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister Suhail al-Mazrouei, who recently stated that the market is “thirsty” for additional OPEC+ barrels. Speaking at a biennial […]
Daily Standup Top Stories Shell and TotalEnergies Boosting Oil and Gas Output in Nigeria: A Global Trend with Financial Implications July 8, 2025 Clark Savage The global energy landscape is witnessing a resurgence in oil and […]
United Arab Emirates-based jackup rig pure-play Shelf Drilling has won an extension for one of its rigs. Italian energy giant Eni awarded a one-year extension to the 1980-built Key Manhattan. Work under the extension will […]
According to the Maritime Administration, MARAD and the US Coast Guard (USCG) recently received an application from ST LNG for the proposed development. MARAD stated that the application proposes the ownership, construction, operation, and eventual […]
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