News

TotalEnergies and CMA CGM have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the port of Rotterdam, in the Netherlands. This strategic partnership reflects the shared ambition of both French companies to work jointly towards the acceleration of the energy transition in…
Read More »

MT Group has been awarded a major contract for the execution of all topside and onshore-based infrastructure at the new jetty in Brunsbüttel FSRU LNG Terminal in Germany. The agreement marks a pivotal milestone in strengthening the company’s establishment in Western Europe’s most critical energy transformation efforts. The contract was awarded by Worley, acting as the project’s…
Read More »

TotalEnergies and Emerson’s Aspen Technology business have announced a strategic collaboration to deploy advanced digital technologies for the continuous, real-time collection of data from TotalEnergies’ industrial sites. The objective is to harness the value of that data to enhance decision-making, specifically through the use of artificial intelligence (AI), and optimise operational…
Read More »

Transducers Direct, a global manufacturer of pressure transmitters, temperature sensors, and industrial components, has developed an advanced ultra-low pressure wireless remote transducer. This state-of-the-art device, the Transducers Direct CirrusSense TDWLB-WCLC, is designed for long-term and permanent installations for tank level measurement, filter saturation monitoring, and leak detection.…
Read More »

Centrica is to acquire a 15% equity stake in Sizewell C, with committed construction funding of £1.3 billion (€1.5 billion). Centrica will jointly own Sizewell C alongside HM Government (44.9%), La Caisse (20%), Électricité de France SA (EDF) (12.5%) and Amber Infrastructure (7.6%, with an option to acquire a further 2.4% from HM Government exercisable within 24 months of Revenue…
Read More »

Essar Energy Transition (EET), which plans to create the world’s leading low carbon process refinery, has been awarded £2.5 million ($2.8 million) from the UK Government’s Department for Transport (DfT), as part of its Advanced Fuels Fund (AFF) scheme, to develop its plans for the creation of one of the UK’s largest advanced sustainable aviation fuels (SAF) production hubs. Essar Energy…
Read More »

Shell Catalysts & Technologies and Technip Energies have signed a global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s CANSOLV1 CO₂ Capture System. The alliance combines Shell Catalysts & Technologies leading technology expertise with Technip Energies’ integration and project delivery excellence. The…
Read More »

Bp has announced that it has appointed Albert Manifold to succeed Helge Lund as chair of the company. He will join the company’s board on 1 September as non-executive director and chair-elect, and will take over as chair on 1 October. At that point, Helge Lund will step down as chair and as a director of the Bp board. Albert was the chief executive officer of CRH from January 2014 until…
Read More »

Carbis Loadtec has appointed Alex Brady as associate director for sales and marketing. With over two decades of experience in the safety and process engineering sector, Alex brings deep expertise in bulk fuel and chemical transfer, core markets for Carbis Loadtec. He has a long-standing connection with the company, having worked closely with the company since 2003 during his time at Newson Gale,…
Read More »

BP has agreed to sell its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector. After close, bp Wind Energy will be owned and operated as part of LS Power portfolio company Clearlight Energy, increasing its operating fleet to…
Read More »

INEOS has completed a £30 million (€34 million) investment at its Hull manufacturing site in the UK, converting the facility to run on clean-burning hydrogen instead of natural gas. This has resulted in a 75% cut in carbon emissions – the equivalent of taking around 160,000 petrol cars off the road and a huge step towards INEOS’ net zero commitment, well ahead of 2050. The investment is…
Read More »

Chevron has announced that it has completed its acquisition of Hess following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding Hess’ offshore Guyana asset. The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world and a high cash…
Read More »

North Sea operator EnQuest has acquired Harbour Energy’s offshore oil and gas operations in Vietnam. The deal covers Harbour’s 53.125% equity interest and operation of the Chim Sáo and Dua production fields, with a headline transaction value of $85.1 million (€73.2 million). The deal is another key step in delivering EnQuest's strategic aim to expand its operating footprint across South…
Read More »

GAIL (India) and Vitol Asia have signed a long-term LNG sales and purchase agreement (SPA) for the annual supply of approximately 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) over a period of about 10 years, commencing in 2026. Under the agreement, Vitol will deliver LNG to GAIL from its global LNG portfolio. Mr. Sanjay Kumar, director (marketing), GAIL, says: ‘GAIL is…
Read More »

Rystad Energy has reported that a consortium led by Abu Dhabi National Oil Company (ADNOC Group) has launched a non-binding US$18.7 billion (€16 billion) bid to acquire Australian LNG producer Santos at A$8.89 (€5.00) per share. While the offer could mark a turning point for foreign investment and M&A appetite in Australia’s energy sector, it faces significant regulatory and political…
Read More »

Neste and DHL Express have collaborated for the supply of 7,400 tonnes of neat, Neste MY sustainable aviation fuel (SAF) to DHL Express at Singapore Changi Airport starting July 2025. This marks one of Asia’s largest SAF deals by volume in the air cargo sector and helps accelerate the joint effort of reducing greenhouse gas emissions from air cargo transports. As part of the global partnership…
Read More »

The team at the North Sea Transition Authority takes a look back at the last 50 years of oil production in the North Sea, and what the future of North Sea oil might look like In the 1970s–1980s development in the North Sea began with fixed offshore platforms in shallow waters. Production relied on vertical drilling and primary recovery methods and major fields like Brent (UK) and Ekofisk…
Read More »

Despite Europe's deep political commitments to net zero, 65% of industry executives surveyed by the Energy Industries Council (EIC) say poor policy and governance are putting the region’s competitiveness at risk. Just 59% of continental energy companies reported revenue growth in 2024, the lowest rate among all global regions surveyed in the EIC’s ninth annual Survive & Thrive…
Read More »

IHI Corporation and Vopak have signed a joint development agreement to establish a new joint venture. Taking into account the ongoing progress of domestic infrastructure development within the country, IHI and Vopak plan to participate in projects for the development and operation of an ammonia terminal in Japan, aiming to start operations in the Japanese fiscal year 2030, focusing on the…
Read More »

Evos has announced it has appointed Daan Vos as its chief executive officer as of 16 August 2025. Daan is an experienced business leader who was previously CEO of bulk terminal company HES International. Before that he was co-CEO of the liquid storage logistics company Oiltanking, where he has spent most of his career. He started his career at Vopak. Daan holds a master’s degree in business…
Read More »