Russia’s Arctic Oil Bonanza: First Vostok Crude Shipment
Rosneft’s Vostok Oil project ships its first crude via the Arctic, targeting 50 million tons annually by 2030.
Energy
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Energy
US Navy to Plug Norfolk Base Into World’s Largest Carrier—Here’s Why
The USS Gerald R. Ford’s nuclear reactors will supply power to Naval Station Norfolk in a first-of-its-kind test this.
Energy
South Korea’s $1bn crude gamble: Why VLCCs are sailing 10,000 miles for oil
Seoul revives full freight subsidies for non-Middle Eastern crude, adding 10,000 nautical miles to Asia’s refining hub.
Energy
$285m Saudi drilling deal reshapes offshore rig market
ADES acquires Saipem’s Saudi shallow-water drilling fleet for $285 million in cash.
Energy
New Coriolis Flowmeter Handles Extreme Conditions Without Breaking a Sweat
KROHNE’s OPTIMASS 6400 delivers ±0.05% accuracy across -200°C to +400°C and 200 barg pressures for LNG and.
Energy
Tenerife Port Makes History with First Multi-Truck LNG Refuel for Fast
Port of Santa Cruz de Tenerife supplies 600 MWh of LNG to Baleària’s Mercedes Pinto using simultaneous truck-to-ship.
Energy
Saudi Oil Lifeline Shut: Who Fired the Drones That Hit 5% of Global Supply?
A 1,200 km pipeline carrying 7 million barrels a day was hit by drones launched from Iraq.
Energy
$12.8m LNG deal sparks Mozambique’s $30bn gas gamble
Saipem and Jan De Nul sign €11m letter of intent for ExxonMobil’s Rovuma LNG Phase 1 development in Mozambique.
Energy
Diesel hits record $5.85/gallon as Hormuz tensions choke supply
US retail diesel prices surge past 2022 highs after Ukraine drone strikes cripple Russian refining
Energy
World’s First Battery Bulker Cuts Diesel by 500,000 Litres a Year
The 125-metre MV Yampu replaces a diesel vessel and boosts Adbri’s limestone capacity by 35%.
