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Offshore Energy·May 28·1 min read

LNG pact enables Greek FSRU to boost Southeast Europe’s gas supply diversification

Global energy commodity trader Mercuria has partnered with Greek refiner Motor Oil Hellas to secure LNG supply and regasification capacity via the planned FSRU project in the Saronic Gulf. This agreem

High Freight Costs Force Asian Buyers to Cancel U.S. LPG Cargoes

Escalating maritime shipping rates have disrupted long-haul liquefied petroleum gas (LPG) arbitrage routes from the United States to Asia, forcing regional impo

OilPrice·May 28

Eastern Green Link 2 gives back as second round of community fund opens

Developers behind the Eastern Green Link 2 (EGL2) high-voltage direct current (HVDC) subsea transmission project have launched the second funding round of their

Offshore Energy·May 28

Europe Turns to Canadian LNG as Gulf and Russian Gas Risks Deepen

European utilities are increasingly courting Canadian liquefied natural gas developers to secure alternative long-term baseload supplies, with strong interest f

OilPrice·May 28

Oil & gas players unlocking $500 billion opportunity with AI and digitalization

Upstream operators are poised to capture roughly $500 billion in cumulative financial value between 2026 and 2030 by accelerating the adoption of artificial int

OilPrice