Aramco, Hyundai Motor Group, and King Abdullah University of Science and Technology (KAUST), have agreed to jointly research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall CO2 emissions of a vehicle.
JSC “Latvijas Gāze” has entered into a valid long-term agreement on the supply of natural gas until 2030 with PJSC “Gazprom”, which provides for settlements for natural gas in euros.
Leading ro-ro and ropax operator Finnlines enhances its commitment to sustainable operations by equipping three vessels with Yara Marine’s shore power solution to reduce fuel consumption, emissions, and noise in port.
The Biden administration is weighing a plan to release roughly a million barrels of oil a day from U.S. reserves, for several months, to combat rising gasoline prices and supply shortages following Russia’s invasion of Ukraine, according to people familiar with the matter.
An oil tanker has exploded and caught fire at the mouth of the Chao Phraya River in Samut Prakan's Phra Samut Chedi District, killing one crew member and injuring another.
Weather conditions offshore the CPC Marine Terminal allowed to perform inspection of SPM-1 equipment. The SPM was found serviceable and fit for oil transshipment.
BGrimm LNG Ltd has signed a memorandum of understanding with PTT LNG to use the latter's liquefied natural gas terminal in Rayong province.
The Latvian government has declined the application of the Danish renewable energy company Ørsted for an area in Latvian waters for the potential development of offshore wind, while the search for a suitable location for the Latvian-Estonian joint development project, ELWIND, is ongoing.
Oil and gas giant PTT Exploration and Production Pcl has said it would take over operations of the Yadana gas field in Myanmar from July following the exit of France's TotalEnergies.
Following the announcement that Equinor has started the process to exit its projects in Russia, a decision has been made that Equinor will also stop trading in Russian oil.