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Cadeler’s Nexra Secures New Taiwan Wind Farm Maintenance Campaign

Mar 23, 2026

Nexra, Cadeler’s operations and maintenance service platform, has secured an additional contract for an offshore wind campaign in Taiwan to be executed in 2026.The contract covers operations and maintenance work on two offshore wind farms and…

Arcius Energy to Drill Two Offshore Gas Wells in Egypt

Mar 23, 2026

Arcius Energy, a joint venture between BP and ADNOC, is set to begin drilling two offshore gas exploration wells in Egypt’s Mediterranean waters as part of the country’s wider upstream expansion plans.The campaign will target the Atoll West…

CNOOC Names New CEO

Mar 23, 2026

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has appointed Huang Yongzhang as Chief Executive Officer, alongside several other senior leadership roles within the company.Yongzhang has been named Vice Chairman…

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

Mar 23, 2026

QatarEnergy has confirmed that missile attacks on its Ras Laffan Industrial City have reduced the country’s liquefied natural gas (LNG) export capacity by about 17% and could result in around $20 billion in annual revenue losses.The strikes…

Brazil Eyes Petrobras-Pemex Alliance for Gulf of Mexico Oil Exploration

Mar 23, 2026

Brazilian President Luiz Inacio Lula da Silva said on Friday he had proposed a partnership between state-run energy firms Petrobras of Brazil and Pemex of Mexico to explore oil in the Gulf of Mexico.'Pemex could get a great deal of help from Petrobras…

China’s Sinopec Plans to Skip Iranian Oil, Tap Strategic State Reserves

Mar 23, 2026

China's state-run refiner Sinopec does not intend to buy Iranian oil but is pushing for permission to tap state reserves, a senior executive said on Monday, days after the U.S. waived sanctions for buyers of some Iranian crude.The world's largest…

Top Aramco Executive Pulls Out of CERAWeek as Iran War Escalates

Mar 23, 2026

Saudi Aramco Chief Executive Amin Nasser has cancelled his planned appearance at the CERAWeek energy conference in Houston to remain in Saudi Arabia because of the Iran conflict, an industry source told Reuters.Nasser, who has been CEO of the world's top oil exporter for more than a decade…

IEA Weighs Further Oil Stock Releases as War on Iran Continues

Mar 23, 2026

The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil 'if necessary' due to the Iran war, Executive Director Fatih Birol said on Monday.'If it is necessary, of course, we will do it…

ADNOC Gas Adjusts LNG Output Amid Hormuz Disruptions

Mar 23, 2026

The gas subsidiary of ADNOC, Abu Dhabi's state oil firm, on Monday said it made temporary adjustments to its production of liquefied natural gas and export-traded liquids in response to ongoing shipping disruption in the Strait of Hormuz.The U…

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

Mar 23, 2026

U.S. President Donald Trump went into the Iran war convinced that America’s vast oil wealth would insulate the country from the kind of energy shock now battering much of the world. Four weeks into the conflict, that shield is looking fragile…

US to Deploy Amphibious Assault Ship, Marines to Middle East

Mar 20, 2026

The U.S. military is deploying a large amphibious assault ship with thousands of additional Marines and sailors to the Middle East, three U.S. officials told Reuters on Friday, as Iran's new supreme leader hailed Iran's 'unity' and 'resistance'…

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

Mar 20, 2026

Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping data and sources…

Quantum: The Bigger the Battery, The Quicker it Charges

Mar 19, 2026

Australian scientists have demonstrated proof-of-concept for a quantum battery.Like conventional batteries, it charges, stores and discharges energy. However, unlike conventional batteries, it leverages unique properties of quantum mechanics…

IKM Gruppen Acquires Hendrik Veder Group

Mar 19, 2026

Norway’s IKM Gruppen has acquired Hendrik Veder Group, headquartered in Rotterdam.The combined entity will operate under the new name IKM Hendrik Veder.Hendrik Veder Group brings a distinguished 225-year legacy, making it one of the oldest maritime enterprises in the Netherlands…

Energean, ExxonMobil, Helleniq Energy Explore Block Offshore Greece

Mar 19, 2026

A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it would look for gas in a western offshore bloc, the nation's hydrocarbons management agency said on Thursday, a move that would involve the first test drilling in the country for decades…

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