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Crude supplies will take time to clear Strait of Hormuz, Phillips 66 CEO says

Linh Nguyen - June 24, 2026

US refiner Phillips 66 CEO Mark Lashier said on Tuesday it would take time for crude supplies to clear through the Strait of Hormuz,...

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TotalEnergies CEO stresses need to invest in pipelines to bypass Hormuz

Zhang Weili - June 24, 2026

French oil major TotalEnergies needs to prioritise the building of pipelines that could export oil and gas from the Middle East without ships going...

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Rubio Faces Tough Task of Selling Iran Reset to Wary Gulf Allies

Priya Anika Rajan - June 24, 2026

ABU DHABI, June 23 (Reuters)–U.S. Secretary of State Marco Rubio faces a delicate mission this week pitching Washington’s Iran peace deal to Gulf Arab...

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IMO launches plan to evacuate stranded ships and seafarers from Persian Gulf

Akira Nakamura - June 24, 2026

An evacuation plan to enable hundreds of ships with some 11,000 seafarers stranded in the Persian Gulf to sail through the Strait of Hormuz...

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Valeura Energy completes Gulf of Thailand drilling campaign

Alexa Laguna - June 24, 2026

Valeura Energy has completed an eight-well drilling campaign on its Nong Yao field in the offshore Gulf of Thailand. This development programme included the...

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Santos commences continuous production operations at Pikka Phase 1 oil project

Alexa Laguna - June 24, 2026

Santos has commenced continuous production operations at the Pikka Phase 1 oil project on Alaska’s North Slope, with the first production wells now online...

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Dorian LPG orders newbuild VLGC and agrees to sell three vessels

Carlos Martinez - June 24, 2026

Dorian LPG has entered into an agreement with South Korean shipbuilder HD Hyundai to construct one 90,000-cubic-metre very large gas carrier. Scheduled for delivery...

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New DNV RP establishes measurement framework for onboard carbon capture and storage systems

Carlos Martinez - June 24, 2026

22 June 2026 DNV has published a recommended practice (RP) providing a standardized framework for measuring and verifying the performance of onboard carbon capture and...

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New catamaran research vessel to be delivered to Connecticut energy department

Carlos Nieves - June 24, 2026

A new catamaran research vessel will soon be handed over to the Connecticut Department of Energy and Environmental Protection (DEEP). The custom-built aluminium vessel Sound...

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Young people see a bright future for coastal Britain – but say more opportunities are needed to persuade them to stay

Linh Nguyen - June 24, 2026

Young people living in Britain’s coastal communities believe their towns and cities have significant economic potential, but many fear a lack of opportunity could...

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