Section
Power, gas, LNG and the transition reshaping global energy trade.
Australia is set to unveil the final version of a controversial plan to force liquefied natural gas producers to reserve as much as a fifth of their output for local buyers.
Oil prices edged higher as Middle East tanker attacks and Hurricane Isaias heightened supply concerns.
'The cooperation with Biotrend could open up a new source of renewable gas for European markets while further diversifying Uniper's portfolio'.
The transits are a lifeline to gulf energy producers and a boon to shipowners and commodity traders who stand to reap billions of dollars from the trade.
Brazil’s state-owned energy giant Petrobras has struck a two-decade-long deal with Sempra Infrastructure, a subsidiary of Sempra, for the supply of liquefied natural gas (LNG) from a U.S. project under development in Jefferson County, Texas. The post Petrobras locks in 20-year US supply from Sempra’s LNG project in Lone Star State appeared first on Offshore Energy .
Oil fell for a third session as easing Saudi supply concerns outweighed lingering risks around the Strait of Hormuz.
A new project is seeking to turn cattle manure into a source of sustainable natural gas for energy production and shipping fuel. The initiative just broke ground in Broken Bow, Nebraska, where eight anaerobic digesters will process waste from the Adams Land & Cattle feedlot into what the project leads are hoping will be a lucrative and eco-friendly source of approximately 1.2 million MMBtu of pipeline-quality natural gas per year. “The Adams Land & Cattle RNG facility demonstrates how American agriculture can play an important role…
Governments worldwide are racing to develop small modular reactors (SMRs) as part of their plans for a nuclear power renaissance, with significant progress being seen in recent years. However, the United States appears to be leading the way in nuclear microreactor development, with significant investment in the technology recently announced by the U.S. Army. SMRs are advanced nuclear reactors with a power capacity of up to 300 MW(e) per unit, or around one-third of the generating capacity of a conventional nuclear reactor. They are much smaller…
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588, up 51 from this same time last year. The number of active oil rigs rose by 2, reaching 449 during the latest reporting period, according to the data. This is 35 above this same time last year. The number of gas rigs fell by 2 to 130, which is 12 more than this time last year. Miscellaneous rigs stayed the same at 9. The latest EIA…
'The acquisition of EDGE expands Sapphire's LNG capabilities by adding approximately 200,000 gallons of daily LNG liquefaction capacity through modular equipment currently serving clients in the Southern U.S.'
France’s engineering player Technip Energies has been hired to provide detailed engineering services for a […] The post L&T taps Technip Energies for engineering work on ADNOC’s major offshore gas project appeared first on Offshore Energy .
Norwegian energy data and intelligence company TGS is staying longer on a seismic acquisition campaign off the coast of Indonesia, which extends work aboard its 2008-built vessel and reinforces the company’s revenue visibility. The post TGS secures encore for giant seismic campaign off Indonesia’s coast appeared first on Offshore Energy .
Analysts at Rystad Energy and Skandinaviska Enskilda Banken AB have examined the U.S. administration's latest measures against Iran.
BW LNG, a liquefied natural gas (LNG) shipping company that is part of Singapore-based BW Group, has shed more light on its move that pushes LNG carrier capacity beyond the conventional 174,000-cubic-meter (cbm) design with a new 177,000-cbm, three-tank configuration, described as being able to carry more cargo while retaining the flexibility and terminal compatibility of the established vessel class. The post BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design appeared first on Offshore Energy .
Turkish gas shipowner PascoGas has been linked to another major newbuilding move at HD Hyundai, with four LPG carriers contracted in a KRW515.4bn ($370m) deal. HD Hyundai Heavy Industries disclosed the order on Monday, identifying the customer only as an Oceania-based shipping company. The ships are scheduled for delivery by March 31, 2030. Shipbuilding sources …
Norway’s Ministry of Energy has granted Ventyr a 12-month extension to complete its impact assessment and submit a licence application for the Sørlige Nordsjø II offshore wind project, pushing the deadline to October 15, 2027. Ventyr, a joint venture between JERA Nex BP and Ingka Investments, won the allocation for the 1.5GW scheme in March …
Hanwha is pushing deeper into the American LNG value chain, establishing a new US company that will combine procurement, trading and logistics with the Korean conglomerate’s rapidly expanding shipping and shipbuilding businesses. Hanwha Aerospace announced today the creation of Hanwha Horizon USA, which will serve as the control tower for its global LNG operations. James …
The Norwegian trio announced a collaboration to explore the largest remaining reserves in the country's waters to sustain production as existing developments become depleted.
France-based geophysical services company Viridien, formerly known as CGG, has kicked off the first-ever combined streamer and sparse ocean bottom node (OBN) multi-client 3D seismic survey in the Asia-Pacific region. The post Viridien embarks on first hybrid streamer-OBN 3D seismic survey in Asia-Pacific appeared first on Offshore Energy .
Although Texas upstream employment declined in July, job postings reflect a 'continued demand for talent', TIPRO said.
Navitas Petroleum, an Israeli oil and gas producer and developer that operates a project under development in the North Falkland Basin, is stepping up plans to expand its oil field project in the Falkland Islands through the acquisition of a second floating production, storage, and offloading (FPSO) vessel that could boost daily oil output capacity by thousands of barrels. The post Sea Lion roars into Falklands expansion as Navitas reels in second FPSO appeared first on Offshore Energy .
Arabian Drilling, described as Saudi Arabia’s largest onshore and offshore drilling contractor by fleet size, has expanded its footprint in the Gulf Cooperation Council (GCC) with a multi-well assignment off the coast of Oman. The post Arabian Drilling set to kick off rig ops offshore Oman before quarter-end appeared first on Offshore Energy .
Spirit Energy, a North Sea operator, has finished a multimillion-dollar decommissioning campaign in the UK sector of the North Sea, plugging and abandoning (P&A) three gas wells that have reached the end of their productive lives and removing more than 234 tons of subsea infrastructure. The post WATCH: North Sea decom campaign retires trio of gas wells in UK waters appeared first on Offshore Energy .
Dozens of workers manning airlift for the Norwegian oil and gas industry agreed new compensation and benefits terms with the Federation of Norwegian Aviation Industries.
The development-stage gas power developer entered into an agreement to buy 123 megawatts of new generation equipment, increasing potential capacity for the first phase of its Project Permian to nearly 200 MW.
Flex2Future, a Norwegian technology company developing floating offshore energy systems that combine wind, wave and solar power on a single platform, has wrapped up an extensive model testing campaign in Norway, putting its floating wave, wind and solar energy platform concept through simulated offshore conditions ahead of plans for a full-scale demonstration before the decade ends. The post Flex2Future advances floating wave, wind and solar platform toward pre-2030 demo appeared first on Offshore Energy .
Equinor sees a multi-billion LNG export project in Tanzania becoming more attractive for development amid the Middle East conflict that has crippled liquefied natural gas supply through the Strait of Hormuz, a senior executive at the Norwegian energy major said on Tuesday. However, Equinor and its co-operator of the project, Shell, have been locked in difficult negotiations with the government and authorities in Tanzania for years and the provisional Tanzania LNG project has not advanced much this decade. “You don't want to wait too long…
North America dropped eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.
With three decades under its belt, a giant gas project is getting a new lease of life, as the latest phase of its development begins production ahead of schedule, accelerating the delivery of 55 billion cubic meters (bcm) of gas to Europe. The post 30-year-old North Sea project gets gas boost with early start to its next chapter appeared first on Offshore Energy .
The artificial intelligence boom is supercharging the development of next-gen nuclear energy technology. Big Tech and private equity are catalyzing the research and development of cutting-edge approaches to round-the-clock clean energy production as hyperscalers add power-hungry data centers to the grid at a blistering rate. “A single hyperscale data center can consume as much electricity as 50,000 homes,” writes the MIT Energy Initiative. “U.S. data centers consumed more than 4% of the country’s total electricity…
Turkey, a key US ally and Iran’s third-largest trading partner, is at risk of losing a key energy supplier if Washington makes good on a threat to economically isolate Tehran.
Norway has started production from the second stage of the Troll Phase 3 development, accelerating 55 billion cubic meters of natural gas from the Troll West reservoir and helping sustain high gas deliveries to Europe from one of the continent’s most important energy assets. Production began on August 22, several months earlier than planned and a cost at tens of millions of dollars below the original estimate of approximately $1.2 billion, according to Equinor. The project does not increase the Troll field’s recoverable resources. Instead,…
Bloomberg's continuous front-month uranium futures contract (UXA1 Comdty) briefly surged above $100 a pound in late January, driven by tightening supplies, renewed government support for nuclear power, and rising electricity demand from the AI infrastructure boom. Uranium futures then retreated and remained range-bound between $84 and $87 for five months. But momentum has returned in August, with prices approaching $89 a pound, the highest level since early February. The ongoing theme is that years of underinvestment have limited mine supply growth…
Australia's biggest oil and gas producer Woodside Energy Group Ltd. is scaling back its clean energy ambitions to double down on fossil fuels.
Equinor signed a 15-year agreement with Uniper to supply over 30 terawatt hours a year of natural gas to Germany.
The Emirati state-owned renewables company began commercial operations at a 35-megawatt battery energy storage system in Rochdale, England, its second start-up toward a target of three-gigawatt-hour BESS capacity across the UK.
Iran said it discovered more than 7.5 trillion cubic feet of natural gas.
U.S. offshore engineering and construction player McDermott has won an engineering, procurement, construction and installation (EPCI) assignment for a gas development project off the coast of the United Arab Emirates (UAE), enabling it to deliver one of the Middle East’s heaviest offshore topsides. The post McDermott clinches over $1 billion EPCI job for ADNOC’s $6.2B giant gas project appeared first on Offshore Energy .
The acquisition of the Greater Meridian CSG project 'converts a long-standing contracted supply relationship into GLNG equity production, consistent with Santos' strategy to backfill and sustain GLNG with owned production', Santos said.
Tunneling for the 2.2-kilometer Grain to Tilbury high-voltage cable tunnel beneath southern England's primary river surpassed the halfway point.
Producers enter the second half of the year with more spare capacity than the market has priced.
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Pertamina NRE Builds Indonesian Biomethanol Supply Chain Toward Singapore by 2028 energynews.pro
Buyers are trading price certainty for flexibility as new liquefaction capacity approaches.
Context Labs Enters Multi-Year Agreement with Trafigura and Acquires Kinertic to Power Carbon-Informed Commodities Trading PR Newswire
Greenergy River: NYK Christens New LNG Carrier for CNOOC Data Portuaria
Glencore (LSE:GLEN) Advantageously as Global Demand for Energy Transition? Kalkine Media
In 2025, customers in Puerto Rico experienced an average of 36 hours of power interruptions that were not caused by major events such as hurricanes, 19% more than in 2024. On average, between 2021 and 2025, Puerto Rican customers experience 29 hours of power loss each year. By comparison, electricity customers in the mainland United States generally experience about two hours of electricity interruptions per year without major events.
Glencore earnings surge on trading windfall, plans Australian listing Reuters
EU considers easing Russian LNG curbs as sanctions talks stall Kursiv Media Узбекистан
$6 gas by Labor Day? Energy economist says it's possible, as gas rises back over $4 WBFF
Vitol’s $2.3B Sale of VTX Energy: A 2026 Permian Deal Discovery Alert
Eni and Mercuria sign agreement to form 50/50 global energy commodities trading joint venture Energies Media
ACME Green Molecules Business, Mitsubishi Gas Chemical Sign USD 1 Billion Green Methanol Supply Deal Energetica India Magazine
Eni, Mercuria to Form Global Energy Commodities Trading Venture Bloomberg
DSIC Holds Naming Ceremony for 175,000 cbm LNG Carrier "Sea Creation" for CMES imarinenews.com
Trafigura receives license for wholesale energy trading in Brazil BNamericas
Trafigura Warns World’s Largest Energy Crisis Is Far From Over gCaptain
Leading Renewable Methanol Producers Worldwide SNS Insider
Alkagesta participates in IATA Aviation Energy Forum amid SAF market transition MaltaToday
Fragile supply chains drive up global energy transportation costs Cyprus Mail
Vitol Boosts Real-World US Gas Trading More Than Most Rivals Bloomberg
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