A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast. The post Texas Gulf Coast getting new low-carbon LNG export facility appeared first on Offshore Energy.
Shell has brought online a new phase of its natural gas field in the Norwegian Sea, which is set to augment the amount of gas recovered from the asset, bolstering Europe’s energy security. The post More gas for Europe as Shell turns on the taps at Norwegian field’s next chapter appeared first on Offshore Energy.
Hanwha Ocean signed a letter of intent to build a total of three very large crude carriers (VLCC) with the Greek shipping company Tsakos Energy Navigations. Initially, there were expectations that Tsakos would place orders with HD Hyundai Heavy Industries or Samsung Heavy Industries, but it appears that the focus has shifted to Hanwha Ocean. …
Hanwha Ocean signs intent to construct oil tankers with Greek firm Tsakos Read More »
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships enters into force on 26 June 2025, establishing mandatory regulations to govern the way ships are recycled. The Hong Kong Convention, developed under the auspices of the International Maritime Organization (IMO), covers the following: • design, construction, operation and preparation of …
New era for ship recycling as Hong Kong Convention enters into force Read More »
Onshore fuel oil stockpiles at key trading hub Singapore climbed this week after net imports rose, data showed on Thursday. Residual fuel inventories were at 22.50 million barrels (about 3.54 million metric tons) in the week to June 25, up about 5% from the previous week, data from Enterprise Singapore showed. The inventories continued to …
Singapore fuel oil stockpiles log weekly uptick as net imports rise Read More »
The Panama Canal Authority, today, celebrates the ninth anniversary of the canal’s expansion, reporting a rise in both transits and tonnage moved during the first eight months of fiscal year 2025 in comparison to the same period last year. Between October 2024 and May 2025, there was a 30% increase in the average daily number …
Panama Canal Marks Nine Years Since Expansion with Growth in Transits and Tonnage Read More »
Yemen’s Iran-aligned Houthi movement will likely be a persistent problem for the U.S. in the future, a senior U.S. military official said on Tuesday, even after Washington and the Houthis reached an agreement last month that ended a U.S. air campaign against the group. “The Houthis are likely to be a persistent problem… that we’ll …
Yemen’s Houthis likely to be persistent problem for US, senior military official says Read More »
Imabari Shipbuilding, considered to be one of the biggest shipbuilding players in Japan, has […] The post Japan’s ‘top’ shipbuilder restructures: Imabari gains upper hand in JMU appeared first on Offshore Energy.
Thailand’s state-owned oil and gas company PTT has signed a heads of agreement (HoA) with the U.K.-based energy company Centrica Energy for a long-term supply of liquefied natural gas (LNG). The post PTT secures first long-term LNG export contract outside Thailand appeared first on Offshore Energy.
U.S. shipping and logistics company Crowley has expanded its ocean shipping services with its first-ever route between the U.S. Northeast and Central America. The post Crowley’s LNG-powered newbuild to inaugurate US Northeast-Central America route appeared first on Offshore Energy.
