Indonesia Grants Environmental Approval to INPEX’s $20 Billion Abadi LNG Project
The Indonesian government has granted environmental approval for the long-awaited Abadi LNG project, marking a decisive step forward for the...
BW Offshore & McDermott Blue Ammonia FPSO: Offshore Low-Carbon Fuel Solution for Stranded Gas
According to BW Offshore, Global demand for low-carbon fuels is accelerating, particularly in hard-to-abate sectors such as power generation, shipping...
Northern Lights Awards 12,000m³ CO₂ Carrier Charters to K Line, MISC and MOL in Major CCS Expansion
Northern Lights JV DA has awarded major long-term charter contracts to expand its dedicated CO₂ shipping fleet, strengthening Europe’s carbon...
MISC Berhad Secures Northern Lights LCO₂ Carrier Charter, Enters Carbon Capture and Storage Shipping Market
MISC Berhad secures long-term Northern Lights LCO₂ carrier charter, marking its entry into carbon capture and storage shipping with a...
Transocean Buys Valaris in $5.8B Stock Transaction, Expands Offshore Fleet to 73 Rigs
Transocean Ltd and Valaris Limited announced Monday they have entered into a definitive agreement under which Transocean will acquire Valaris...
Technip Energies Strengthens India Presence with Major BPCL Refinery Expansion Contracts
Technip Energies has secured two major contracts from Bharat Petroleum Corporation Limited (BPCL) for significant projects at BPCL’s Bina refinery...
8 OPEC+ Producers Agreed to Halt Oil Production Increment
The 8 OPEC+ countries comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held a...
Oil Market in 2026
The global oil market in 2026 stands at a critical inflection point, shaped by a complex interaction of supply expansion,...
ENI and Partners Celebrate Hull Launch of Coral North FLNG in South Korea
San Donato Milanese (Milan), 16 January 2026 — In the presence of Mozambique’s Minister of Natural Resources, Estevão Pale, and...
Equinor Secures 35 New Production Licenses on the Norwegian Continental Shelf
Norwegian energy major Equinor has significantly expanded its offshore portfolio after being awarded 35 new production licenses in Norway’s 2025...
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