Prima Energy widens Southeast Asian footprint with stake in Jadestone
Prima Energy has expanded its regional footprint with the strategic acquisition of an interest in Jadestone Energy.
LonjaGijón cierra la mejor campaña de bonito de su historia con más de 2,36 millones de kilos subastados
La costera de 2026 alcanza un valor superior a los 10,2 millones de euros y concentra el 58 % del bonito subastado en Asturias. LonjaGijón ha cerrado la campaña del bonito de 2026 con los mejores resultados de su historia. Desde sus instalaciones en El Musel, se han subastado este año 2.365.900 kilos de bonito, …
Petronas, TotalEnergies and Mitsui to develop CO2 storage area off Peninsular Malaysia
PETRONAS CCS Ventures (PCCSV), a wholly-owned subsidiary of Malaysia’s state-owned oil & gas firm Petronas, TotalEnergies EP CCS Malaysia and…
El Puerto de Sevilla y Endesa impulsan el desarrollo energético para los proyectos logísticos e industriales de la margen derecha
La Autoridad Portuaria de Sevilla y la Zona Franca invertirán más de 3 millones de euros destinados a atender una demanda prevista de 20 MW e incorporar nuevas infraestructuras eléctricas con el objetivo de ampliar la capacidad energética para nuevos desarrollos como los aeronáuticos. Este nuevo contrato se une al suscrito en julio de 2025 …
Diesel arbitrage: why freight has shut the Europe import window
Freight, not relative diesel prices, has closed the US arbitrage into Europe. Rates for prompt US Gulf Coast cargoes have climbed from around 250 to over 400 worldscale, closing the arbs, before settling lower in recent sessions to come closer to an equilibrium. That does not mean supply stops. Supply is being pulled by relative …
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eBL adoption passes halfway mark
Electronic bill of lading (eBL) adoption has reached 51.1%, according to the FIT Alliance’s 2026 global survey, up from 49.2% in 2024 and 33% in 2022. BIMCO is a founding member of the alliance. The findings indicate that eBL use is becoming more established: 11.2% of respondents now use eBLs exclusively, compared with 7.5% in …
ZEMBA concludes inaugural tender with Hapag-Lloyd
The Zero Emission Maritime Buyers Alliance (ZEMBA) has delivered 82,000 mtCO2-equivalent (mtCO2e) in emissions reductions in 2025 and 2026 under its first low-emission shipping tender with Hapag-Lloyd, which concluded this month. The reductions were achieved through the use of liquefied biomethane (LBM) across eight international shipping voyages under 17 contracts between Hapag-Lloyd and ZEMBA members. …
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6,000 seafarers trapped as attacks deepen Strait of Hormuz shipping crisis
Around 6,000 seafarers remain trapped near the Strait of Hormuz, as attacks on commercial vessels intensify and concerns grow over the safety of crews caught in the continuing conflict between the US and Iran, according to the head of the UN’s maritime agency. International Maritime Organization (IMO) Secretary-General Arsenio Dominguez warned on Sunday that conditions …
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China and Djibouti stress need to protect Red Sea shipping lanes
All countries should enjoy freedom of navigation in the Red Sea and through the Bab al-Mandab Strait, China and Djibouti said in a joint statement following a meeting of their foreign ministers in Beijing, expressing concern about the deteriorating security situation. Djibouti sits on the other side of the Bab al-Mandab Strait from Yemen, where …
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Eni, PTTEP forge JV to consolidate stakes in ADNOC’s giant offshore sour gas asset
PTTEP and Eni have created Seela Energies to streamline operations and combine their stakes in an ADNOC-operated concession off the coast of the UAE.