The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The agreement marks a new strategy in the Trump administration's wide-ranging effort to stymie development of U.S. offshore wind projects, which President Donald Trump has said he finds ugly, costly and inefficient.
One of Australia's biggest coal export ports will resume operations on Monday, the port operator said, after climate-change protesters disrupted shipping at the Port of Newcastle for a second day on Sunday.Climate activist group Rising Tide, which claimed responsibility for the latest protest, said hundreds of activists paddled kayaks into the shipping lane of Newcastle Harbour on Sunday morning
HamiltonJet appointed Sam Hamilton as Chairman of its Board of Directors. Sam is the great-grandson of founder Sir Bill Hamilton, and his appointment makes him the fourth generation of the Hamilton family to lead the company.The handover took place at an extraordinary meeting of the Board, held at Irishman Creek Station in the Mackenzie Basin in the South Island of New Zealand.
Moose Boats is excited to have completed the M2-38 patrol vessel for the Sacramento County Sheriff’s Office. The M2-38 is a 38-foot catamaran powered by twin Volvo Penta D6-480 diesel engines with a combined 960 horsepower with Hamilton Jets.According to Sacramento County Sheriff Sergeant Sam Flores
Oil prices jumped more than 2% on Thursday after Iran's Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack in the port city of Bandar Abbas.Brent crude futures LCOc1 rose $2.34, or 2.48%, to $96.63 a barrel by 0701 GMT, while the more active August contract LCOc2 gained $2.24 or 2.43%, to $94.49. The July contract is set to expire on Friday.U.S.
Australia's Santos will prioritise LNG and oil growth in three core regions, including Alaska and Papua New Guinea, under a new strategy that also includes reducing net debt by $2.5 billion by 2030."We are now laser-focused on investment in major oil and LNG production across three regions," CEO Kevin Gallagher said while speaking at the company's 2026 Investor Briefing Day on Tuesday.
Britain will allow imports of diesel and jet fuel refined abroad from Russian crude under a sanctions carve-out, watering down restrictions to help ensure supply at home as prices soar due to the conflict in the Middle East.While Britain's support for Ukraine remains steadfast, junior treasury minister Dan Tomlinson said
Oil prices edged up on Thursday, with markets focusing on the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive results towards a resolution for the Iran war.Trump is expected to encourage China to convince Tehran to make a deal with Washington to end the conflict
Sam Houston State University (SHSU), the Institute for Homeland Security (IHS), and the Organizing Committee of the Maritime Risk Symposium 2026 (MRS2026) announced that U.S. Navy Vice Admiral (Retired) T.J. White, Chief of Texas Cyber Command, will deliver a keynote address at this year’s event.
Sam Houston State University (SHSU), the Institute for Homeland Security (IHS), and the Organizing Committee of the Maritime Risk Symposium 2026 (MRS2026) have announced that U.S. Navy Vice Admiral (Retired) T.J. White, Chief of Texas Cyber Command, will deliver a keynote address at this year's event.
MariApps Marine Solutions, a global leader in maritime digital solutions and a member of the Schulte Group, has announced it has acquired 100% ownership of Hyderabad-based software company, EffiaSoft Private Limited.This acquisition marks a milestone in MariApps’ commitment to expandingi ts digital ecosystem and enhancing its technological capabilities.
HII’s Ingalls Shipbuilding division successfully completed the final round of sea trials for Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128). The Ingalls Test and Trials team spent several days in port and at sea conducting a comprehensive series of acceptance test and evaluations, overseen by the Navy’s Board of Inspection and Survey (INSURV).