The American Petroleum Institute (API) believes ramping up domestic production is the answer to the global supply and demand imbalance.
After the collapse of an oil tank platform in Terrebonne Bay, Louisiana, the U.S. Coast Guard has been called to respond to the oil spill.
Crude oil tanker company DHT Holdings has committed $25 million to retrofit an additional eight vessels with scrubbers. The investment is being pursued as DHT eyes premiums from higher fuel price spreads. “The combination of lower cost and the current higher fuel spreads makes this a compelling inve
Aker BP has submitted a PDO for the Trell & Trine project in the North Sea to the country’s Ministry of Petroleum and Energy (MPE).
New York-based tanker company International Seaways has sold two veteran Panamaxes for green recycling. The duo, with an average age of 19 years, was delivered to their buyers in April 2022 and includes a 2002 and a 2004-built vessel. Buyers of the vessels and the yards where the ships would be dism
HOFOR is preparing to launch its first supplier tender for the Aflandshage offshore wind farm that could power the production of sustainable fuels in the Greater Copenhagen area.
Kistos has made up its mind not to make a firm offer for Serica Energy, as it was unable to iron out the details for a proposed combination.
Japan’s oil and gas company Inpex has filed a claim against DSME related to the FPSO for the Ichthys field located off Australia.
Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c
Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities
Pure-play Capesize vessel owner Seanergy Maritime Holdings has completed the installation of ballast water treatment systems on its entire fleet. The company’s operating fleet consists of 17 Capesize vessels with an average age of approximately 12.1 years. “We have now successfully completed install
Meeting the IMO 2023 regulations will have quite a significant impact on the supply of vessels in the container shipping market in the long term, Søren Skou, CEO of A.P. Møller – Mærsk A/S, estimates. As of 2023, the shipping industry will need to meet a new round of vessel efficiency and carbon int
NEO Energy has filed its environmental statement for the redevelopment of the Affleck field in the North Sea to the UK’s authorities.
Technomar Shipping has signed a contract with Italian certification and engineering company RINA for software licenses to employ the RINACube MRV-DCS-CII Data Collection and Reporting platform across 105 of its vessels. RINACube MRV-DCS-CII web application will be used on board each ship to collect
