Day: February 25, 2025

Trump’s New Map

Energy News Beat ENB Pub Note: This article from the Foreign Policy Research Institute raises several interesting and key points. However, it does not consider President Trump’s commitment to changing the global elite’s path to a one-world government. By being the first “Post Literate,” he has figured out how to communicate directly to voters and […]

PetroChina in first European LNG bunkering op

Energy News Beat According to a statement by PetroChina International, the 6000-cbm LNG bunkering vessel, Optimus, which is on charter by Dutch LNG supplier Titan, recently sailed from the Gate LNG terminal in Rotterdam to UK’s Portsmouth port to complete the refueling of 2,000 tons of LNG. These volumes were supplied by PetroChina International London. PetroChina […]

Stena Bulk forms Nigerian tanker venture

Energy News Beat Stena Bulk Swedish shipowner Stena Bulk has signed a deal with NNPC Shipping, part of oil producer Nigerian National Petroleum Corp and local integrated offshore support player Caverton Marine for a new tanker joint venture in Nigeria. The deal will create a new tanker operation serving Nigeria and West Africa’s regional and […]

Container sector set to take biggest hit from US plans to charge Chinese-built vessels

Energy News Beat Port of Long Beach Shipping is reeling from what could be the most seismic decision to effect the industry yet in the opening weeks of Donald Trump’s second term in office. The American president will make a decision, likely in around a month’s time, on whether to carry out suggestions made by […]

SeRenE and Megamas form JV to develop subsea cable vessels

Energy News Beat Megamas Malaysia’s Semarak Renewable Energy has formed a joint venture company with Singapore-based offshore service provider Megamas Resources to develop subsea cable vessels. The new joint venture company, to be named Semarak MIS, will develop high-tech and fuel-efficient vessels for the installation and maintenance of offshore energy cables and submarine fibre optic […]

Sonangol readies suezmax orders in South Korea

Energy News Beat Sonangol Angola’s Sonangol is lining up suezmax crude tanker newbuildings in South Korea. Shipbuilding sources report the state-controlled oil company has returned to HD Hyundai Heavy Industries for a pair of scrubbed-fitted 158,000 dwt units. The deal, still at the letter of intent stage, is estimated to be worth about $190m, with […]

BlueFloat Energy founder and CEO to step down

Energy News Beat BlueFloat Energy The chief executive officer and founder of Spanish offshore wind developer BlueFloat Energy has decided to step down from his role. BlueFloat CEO Carlos Martin Rivals revealed via social media that his time at the company has come to an end. “After careful thinking, I’ve concluded that it is the […]

Petrobras cancels FPSO tender after bid deemed too expensive

Energy News Beat Shapoori Pallonji Brazil’s state-owned oil and gas giant Petrobras has cancelled a tender for chartering an FPSO for the Barracuda-Caratinga revitalization project. Initially, Petrobras started the contracting process for the FPSO back in the summer of 2023 but it suffered several setbacks and postponements due to a lack of sufficient interest from floater […]

Wood restarts takeover talks with Sidara

Energy News Beat Wood UK consulting and engineering firm Wood has responded to recent media speculation regarding an approach from Dubai-based company Sidara for a possible offer for the entire issued and to be issued share capital of the company. Wood confirmed the reports on Tuesday and directed its shareholders to take no action concerning […]

Panama green lights reservoir project in bid to combat drought restrictions

Energy News Beat Panama Canal Authority The Panama Canal board of directors has approved funding for the construction of a new lake in the middle course of the Indio river watershed, a massive project designed to help ensure the waterway can combat droughts.  For much of 2023 and last year, the canal was forced to […]