-
Exxon in Advanced Talks for $60B Acquisition of Pioneer - Sources
Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin…
-
Shipping Rivals CMA CGM, Maersk to Collaborate on Green Fuels
Container shipping giants CMA CGM and Maersk said on Tuesday they will cooperate in efforts to reduce emissions in the sector…
-
US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time…
Latest news
-
Delft Students Cross North Sea on Self-Built Hydrogen Boat
On July 11, 2024, Dutch students from the TU Delft Hydro Motion Team arrived in Ramsgate with their self-built hydrogen boat…
-
New 250kW Hydrogen Fuel Cell Prepped for Maritime
Sydrogen Energy Pte. Ltd. (Sydrogen), a Singapore-based fuel cell components and systems company, announced its entry into…
-
Contracts Awarded for Poland's First Offshore Wind Farm
SeaRenergy Group was awarded a Marine Coordination Services contract by Baltic Power for the construction phase of the Baltic…
-
Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth…
-
Red Sea Route Diversions Prop Up Tanker Demand
Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight demand for crude and…
-
US Harbor Craft: Measuring Opportunity for Zero Emissions
There are more than 4,000 harbor craft vessels in the U.S. deemed highly suited for zero-emissions operations, according…
-
Exxon Mobil Continues to Ramp Up LNG Portfolio
Exxon Mobil is ahead of schedule with its plan to double the size of its liquefied natural gas (LNG) portfolio to 40 million…
-
Quick Connect: OAL Subsea Pipeline Completed
Making a twist on the proverb 'necessity is the mother of invention', GASCADE Gastransport GmbH and StreamTec Solutions AG completed…
-
Floating Production – A Growing Segment in Transition
The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains…
-
ABS Opens LNG Academy in Qatar
American Bureau of Shipping (ABS) has inaugurated the ABS Global LNG Academy, a cutting-edge training center dedicated to…
-
Japan Takes the Lead on Ammonia as Maritime Fuel
Late last year Japanese maritime leaders – Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co.…
-
Fratelli Cosulich Inks Charter Deal for LNG Bunkering Vessel
Italian shipowner Fratelli Cosulich and PETCO Trading Labuan Company Limited (PTLCL), a trading arm of Malaysian energy company Petronas…
Offshore Oil & Gas
-
Fincantieri Set to Acquire Remazel Engineering
Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A.
-
Enerpac wins Calvados Offshore Wind Farm Deal
Enerpac won a contract by Saipem to supply the Hydraulic Levelling and Fixation System for the installation of 64 transition…
-
Siemens Energy Shares Tumble 31% as Wind Turbine Troubles Exposed
Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems…
Shale Oil & Gas
-
Chevron to Buy PDC Energy in $7.6 bln Deal
Chevron Corp said on Monday it would acquire PDC Energy Inc in an all-stock transaction for $7.6 billion, including debt…
-
SLB Launches Cement-free System to Cut CO2 Footprint of Well Construction
Oilfield services giant SLB, until recently known as Schlumberger, on Monday introduced the EcoShield geopolymer cement…
-
China's Sinopec Finds Shale Oil at Shengli Field
A unit of state-run oil Chinese and gas major Sinopec Corp has found an initial 458 million tonnes (3.34 billion barrels) of geological shale oil rese
LNG
-
Petrobras Starts Contracts with CEG and CEG RIO
Petrobras signed new natural gas contracts with Companhia Distribuidora de Gás do Rio de Janeiro (CEG) and CEG RIO S.A. (CEG…
-
Mitsubishi Inks Deal to Supply LNG FGSS Units for 12 Ships
Mitsubishi Shipbuilding received orders from Imabari Shipbuilding for 12 units of its Fuel Gas Supply System (FGSS), a liquefied…
-
Cheniere, Equinor ink Long-term LNG Deal
Equinor and Cheniere announced a new 15-year purchase agreement of around 1.75 million tons of LNG per year, with half of…
Renewables
-
Port Invests in Zero-Emission Cargo Handlers
A fleet of 33 new human-operated, zero-emissions battery-electric yard tractors were unveiled last week at a Port of Long…
-
Vestas Wins 46 MW Order in Japan
Vestas has secured a 46 MW repowering order with Eurus Energy Holdings Corporation for Eurus Kamaishi Wind Farm in Iwate prefecture, Japan.
-
Technip Energies Sets Up Green Hydrogen JV, Beats Quarterly Earnings Expectations
French oil and gas services group Technip Energies on Thursday announced a green hydrogen solutions joint-venture with Belgian group John Cockerill…
Technology
-
Alphabet Winds Down Makani
Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani…
-
CMA CGM Joins Energy Observer in Hydrogen Project
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of…
-
Toshiba Delivers Fuel Cell System to Ship
The provider of energy industry solutions Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced that the…
Legislation
-
US Prepares Renewal of Chevron's Venezuela License Without Broader Terms
The U.S. Treasury Department is getting ready to renew in the coming days Chevron Corp's license to operate in Venezuela…
-
New York City Sues Exxon, BP, Shell Over Climate Change
New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the…
-
Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders
President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and…