Two ammonia-fueled ammonia carriers to sport Wärtsilä systems in 2027
Wärtsilä Gas Solutions will provide cargo handling and fuel systems for two ammonia-fueled ammonia carriers scheduled for delivery in 2027. This development signifies a move towards decarbonization in
GeoPark Continuing Production Up QoQ
GeoPark experienced an overall production decrease due to divestments in Ecuador and Brazil. However, the company offset some of these losses with increased pro
Rigzone·Apr 24
EIV Capital Raises $1.1B for New Oil and Gas Funds
EIV Capital, a Houston-based private equity firm, has successfully raised $1.1 billion for two new oil and gas investment funds. This capital injection signals
Rigzone·Apr 24
Helix to Merge into Hornbeck
Helix Energy Solutions Group is merging into Hornbeck Offshore Services, creating a larger, more diversified offshore services company. The merger aims to estab
Rigzone·Apr 24
Top Indian Refiner Faces Profit Hit From Price Surge
Reliance Industries, India's largest oil refiner, is projected to experience a profit decline in its fourth quarter due to the surge in oil prices stemming from
OilPrice·Apr 24
Apr 24
Goldman Sachs Sees Rapid Oil Output Recovery if Iran War Ends
OilPrice
Apr 23
Why Biofuels Are Not The Answer To Decarbonizing Shipping
OilPrice
Apr 23
Europe Burns $28B With No Extra Energy as Crisis Deepens
OilPrice
Apr 23
BP's New Leadership Suffers Shareholder Revolt
Rigzone
Apr 23
Crude Jumps as Hormuz Tensions Rise
Rigzone
Apr 23
The Carbon Market Is Set for a Major Shake-Up
OilPrice
Apr 23
Phillips 66 First To Take Advantage of Jones Act Waiver for US Crude
OilPrice
Apr 23
Canada’s 23.6M Oil Barrel Pledge Is Already Priced In
OilPrice
Apr 23
Electrification Is the Real Energy Hedge—and China Knows It