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
$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%.
Energy
$2.7bn Vietnam LNG project banks on offshore expertise—AFRY steps in
Swedish engineering group AFRY joins $2.69bn Thai Binh LNG-to-power development.
Energy
Diesel futures hit $4.62/g—highest since Iran strikes rattled global supply
ULSD October contract surges 4.85% in a single session as Middle East crude disruptions tighten inventories ahead of.
