MAN Energy Solutions has signed a memorandum of understanding (MoU) with TAQA Power. The MoU is regarding a pilot project for the local production of green hydrogen to fuel domestic tourist busses. MAN Energy...

Strong sales of its COVID-19 vaccine and other medicines helped Pfizer nearly double its second-quarter revenue and boost its profit an impressive 59%. It is leading the drug giant to sharply hike its...

SEACOR Holdings completed its acquisition of the U.S. Shipping Corp (“USSC”). USSC is a privately owned, leading provider of long-haul marine transportation for chemical and petroleum cargoes in the U.S. coastwise trade. SEACOR Holdings...

Aker, Yara and Statkraft have established HEGRA with the ambition of creating new industry in Norway. Green ammonia, produced using renewable energy, would enable the production of carbon-free fertilizer, and is a promising...

are the supply and demand fundamentals that have governed oil markets for decades coming unstuck? investors' growing climate concerns are keeping a lid on production growth at oil companies that are answerable to shareholders While the...

High global gas and LNG prices are impacting the power mix in countries as far apart as Germany and Bangladesh. Plus, Middle East-China tanker freight rates, US gas prices and Asian refining, reports Platts. 1....

  The Malaysian authorities have arrested two tankers for being in East Johor waters without permission. A total of four oil tankers have been arrested by MMEA in the week ended 15 August. The Johor...

The US Food and Drug Administration on Thursday authorized an additional vaccine dose to be administered to people with compromised immune systems, who may not have an adequate immune response to the vaccine, reports...

Egypt shifted the 4,600 years old Pharaoh's ship to an additional museum outside Cairo to preserve and display the world's oldest intact ship, says Maritime Executive. Antique legacy The government moved the King Khufu Solar Boat...

Middle East to Asia freight rates slipped to their lowest levels since March. Delta variant spread clouded the outlook for demand in Asia, the main market for Middle Eastern crude. Ships are traveling...