Oil and Gas
New OFAC licenses enable oil investment in Venezuela
Washington authorizes contingent contracts and energy operations under strict conditions.
Latest Energy News
New Energies
Demand for bunker fuel remains steady in key Sri Lankan ports
Bunker inquiries grow in Sri Lanka thanks to greater availability and price differentials compared to India.
Oil and Gas
Russia to send Russian oil to Cuba in the midst of energy crisis
The Russian government will send oil and petroleum products to Cuba as humanitarian aid in the face of fuel shortages on the island.
Oil and Gas
EnQuest wins Cendramas PSC partnership in Malaysia
The LOA will become effective on September 23, 2026, following the signing of the Joint Operating Agreement and the PSC.
New Energies
UK awards 14.7 GW at its largest renewable auction
The renewables awarded are more than 50% cheaper than building new gas plants.
New Energies
Iberdrola boosts its global electricity supply with a 7.5% increase by 2025
The company reaches 255,976 GWh distributed and 58,343 MW of capacity with strong momentum in the UK, Australia and the US.
Oil and Gas
Aramco sets goal of 75% local content by 2030
The target of 75% localization by 2030 positions Aramco as the hub of Saudi industrialization.
Maritime
NYK agrees long-term charter with Cheniere for LNG carriers
NYK's first contract with Cheniere to operate state-of-the-art LNG carriers built by HD Hyundai from 2028.
Oil and Gas
PETRONAS Carigali adjusts Sabah stake and strengthens alliance with SMJ Energy
State-owned SMJ Energy takes 20% of the North Sabah block, strengthening its presence in East Malaysia's offshore resources.
Maritime
MOL incorporates dual-fuel VLGC vessel for strategic alliance with TotalEnergies
230-meter vessel will operate on LPG and will be able to transport ammonia, in line with MOL and TotalEnergies' decarbonization goals.
Energy's Industry Voices & Event Coverage
Eddyfi redefines non-destructive testing with sensors and robotics
OSRL 2025 consolidates technical cooperation in spill preparedness
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