COOEC pens massive $4bn EPC contract with QatarEnergy
CNOOC subsidiary, China Offshore Oil Engineering Co (COOEC), has signed an EPC contract for work on QatarEnergy’s Bul Hanine offshore oil field.The project co...
Energy News
334 articlesStay up to date with the latest energy industry news, market updates, and analysis from around the world.
Tax reforms essential to preventing UK offshore sector from declining further
Offshore Energies UK (OEUK) has sent a letter, co-signed by more than 110 companies, to the new minister of industry at the Department for Business and Trade, C...
Methanol, ammonia, or LNG? The economics behind future fuels in shipping
Alex Ledovas assesses the pros and cons surrounding shipping’s three leading alternative fuels.Shipping stands at a decisive moment. With the International Ma...
Greenpeace threatens to sue Crown Estate for pushing up offshore wind costs
The UK arm of environmental group Greenpeace has warned the Crown Estate, King Charles’s property management company, that it would be suing it over “mo...
Ming Yang targets Scotland for $2bn offshore wind investment
Chinese wind turbine manufacturer Ming Yang Smart Energy has announced plans to create the UK’s largest wind turbine manufacturing facility, to be located in ...
U.S. threatens global shipping over new carbon tax
Calling it a “European-led neocolonial export of global climate regulations,” the Trump administration has threatened new measures against nations t...
Purus joins LNG bunker rush with Shell-backed newbuild pair
Purus Marine has ordered two LNG bunker vessels in China, marking its entry into the rapidly expanding market.The Singapore-based outfit, with over 70 ships acr...
ExxonMobil steps into LNG bunkering with Avenir and Evalend newbuilds
ExxonMobil has moved to enter the LNG marine bunkering market with two purpose-built vessels, as it looks to expand its portfolio of lower-emission marine fuels...
Ørsted to cut a quarter of its workforce by end of 2027
Danish renewable energy company Ørsted has announced that it would be reducing its workforce by approximately 2,000 people towards the end of 2027. ...
Lithuania’s offshore wind tender fails due to lack of bidders
Lithuanian authorities have stated that the second tender for the development of an offshore wind farm has failed.According to Lithuania’s National Energy Reg...
Snam targets Higas acquisition to develop Oristano FSRU in Sardinia
Italian state-controlled gas grid operator Snam has signed an exclusivity agreement with the shareholders of Higas, paving the way for the potential acquisition...
MOL’s 98% methane slip cut hands LNG a lifeline ahead of key IMO showdown
Japan’s Mitsui OSK Lines (MOL) has achieved a 98% reduction in methane slip during sea trials — a leap that could reshape the emissions profile of LNG-f...