Full circle: benchmark retail diesel price is about where it was a year ago
The benchmark price of retail diesel is just about where it was a year ago, having recouped all of the lower numbers posted since the middle of July 2024.The De...
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BlueFloat Energy bails on $6.5bn offshore wind project in Australia
The developer of the 2.1GW Gippsland Dawn offshore wind farm, BlueFloat Energy, has abandoned the project, set to be built in the Bass Strait off the coast of A...
Decarbonisation déjà-vu
Philippos Iolianou, managing director of EmissionLink, on why shipowners may pay twice to go green.Shipping is no stranger to regulatory upheaval. But as the IM...
Diesel benchmark moves up slightly but in a market with increasingly bullish factors
The benchmark diesel price used for most fuel surcharges rose Monday for the fifth time in six weeks, and it seems that market conditions for distillates–...
Masdar and Iberdrola invest in 1.4GW UK offshore wind farm
Abu Dhabi-based renewable energy company Masdar and Spanish energy giant Iberdola have closed a joint investment deal for the 1.4GW East Anglia Three offshore w...
Trump wipes out subsidies for wind and solar power
US president Donald Trump has signed an executive order to eliminate subsidies for green energy sources, more precisely wind and solar power, as he makes anothe...
Small increase in benchmark diesel is fourth in five weeks
The benchmark price used for most fuel surcharges rose this week, resuming an upward trend that broader markets appear to believe have some more room to rise.Th...
EDF delays French offshore wind farm commissioning by two years
French energy major EDF has announced that the commercial commissioning of the Calvados offshore wind farm has been pushed back to late 2027.This will see the p...
Mitsui E&S presses ahead with hydrogen-powered port equipment project
Mitsui E&S has been selected for a subsidy from Japan’s New Energy and Industrial Technology Development Organization (NEDO) to accelerate development of a hy...
PTTEP taps Velesto jackup for 15-well campaign
The offshore drilling unit of Velesto Energy has won a contract from PTTEP for one of its jackup rigs to work offshore Malaysia.The contract was awarded by PTTE...
Benchmark diesel falls back with no further Mideast conflict
With futures markets having first fallen and then stabilized after the worst-case scenarios coming out of the Iran-Israel conflict did not occur, retail prices ...
Denmark extends life of two more offshore wind farms
The Danish Energy Agency (DEA) has extended the life of two offshore wind farms, which together have been in operation for almost 50 years.The Agency has notifi...