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Panama Canal LNG Transits Reach A Near Three-Year High
Port activity

Panama Canal LNG Transits Reach A Near Three-Year High

Eleven laden liquefied natural gas carriers passed through the Panama Canal in July, up from six the previous month and the highest monthly figure since late 2023, before drought-related draft restrictions and transit caps drove gas

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Gas Producer Commits To A Fourth Floating Liquefaction Unit
Industry

Gas Producer Commits To A Fourth Floating Liquefaction Unit

A Nasdaq-listed gas shipping and liquefaction company has taken a final investment decision on a fourth floating liquefaction unit, ordering a vessel with capacity of about 3.5 million tonnes a year at a Chinese yard for delivery by

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LNG carrier at a loading terminal
Sanctions

EU still absorbing bulk of Russian Arctic LNG despite phase-out push

Trade-flow data shows Europe took the overwhelming share of Russian Arctic liquefied natural gas in the first six months of the year, even as the bloc works towards ending those imports.

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An offshore oil platform seen from the water
Industry

Serica outbids Ratio for Pharos Energy in £145.7m deal

UK oil and gas company Serica Energy has struck a deal to acquire Pharos Energy for £145.7 million, outbidding a rival offer from Ratio Petroleum Energy.

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An offshore platform associated with carbon storage infrastructure
Product

Worley to design Dutch North Sea carbon storage project

Worley has been selected to deliver pre-front-end engineering design for the Abeona carbon capture and storage project in the Dutch North Sea.

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Offshore wind turbines under construction in the North Sea
Product

Belgium relaunches delayed offshore wind tender for Princess Elisabeth Zone

Belgium has approved a revised framework to relaunch its stalled offshore wind tender for the Princess Elisabeth Zone, restarting a process paused since last year.

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LNG tanker under way at sea
Industry

Pakistan pays record sums for spot LNG as Qatar supply falters

Pakistan is paying record spot LNG prices as Hormuz disruption and stranded Qatari cargoes force it onto the market.

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Offshore gas platform at sea
Industry

Malampaya gas field restarts after a major maintenance turnaround

A flagship Philippine deepwater gas project has restarted after a month-long turnaround, with new wells due late this year.

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Offshore wind turbines at sea
Industry

Sweden clears two offshore wind farms but rejects eleven on defence grounds

Sweden has approved two offshore wind farms while rejecting eleven applications, citing concerns they would interfere with defence.

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Product tanker at sea
Industry

Russia seeks petrol from India after strikes hit its refineries

Russia has reportedly approached Indian refiners for additional petrol supplies after attacks disrupted a significant share of its refining capacity.

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