Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines the capabilities of Port of Nigg, Global Energy (G…
Maraen Approves $40M Port of Nigg Upgrade After Rebrand Read More »
Malaysia’s Prime Minister Anwar Ibrahim said on Thursday he had spoken to the leaders of Iran, Egypt, Turkey and other regional countries and said Malaysian vessels were now being allowed to pass through the Strait of Hormuz.Anwar in a televised addres…
Iran Grants Malaysian Vessels Safe Passage Through Strait of Hormuz Read More »
Cadeler has raised approximately $203 million (€175 million) through a private placement to fund planned investments in new offshore wind installation vessels and potential asset acquisitions.The offshore wind contractor said the proceeds will…
Cadeler Raises Over $200M to Fund Fleet Expansion Plans Read More »
A final investment decision is expected in the Delfin LNG project offshore Louisiana in the next few weeks, or at most months, according to Eduard Ruijs, head of investment for Vitol, a company that is investing in the project.The 13.2 million…
Delfin LNG Nears FID as Pipeline Restart Awaits Approval Read More »
The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices – with lasting consequences for the bloc’s energy strategy.The energy crunch sparked by the conflict, now in its …
Iran War Energy Shock Pushes Europe to Rethink Climate Policies Read More »