Rethinking Utility Incentives and Business Models in the Age of Distributed Energy

Techcross Introduces the Siemens NX/PLM System

Techcross held a signing ceremony on May 13 with Siemens Industry Software at Techcross Busan factory together with Space Solution, a company specializing in PLM software development and consulting. Through this project,

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Families of Pakistani Hostages Call for Rescue from Somali Pirates

Ambreen Fatima protested in Karachi with her children on Wednesday for the release of her husband, one of ten Pakistani crew aboard an oil tanker seized by Somali pirates 23 days ago,

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Bezeq Telecom Deploys Subsea Internet Cable

Bezeq Israel Telecom has begun to deploy a fast-speed Internet subsea cable aimed at connecting Europe to Asia that its chairman says could ultimately reduce dependency on the Strait of Hormuz.Some 17% of global

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Upstream Oil, Gas Dealmaking in the US Hits Two-Year High

Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm Enverus said

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Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

As European and international shipping emissions rules continue to expand, maritime technology companies Awake.Al and Tidalis have announced a partnership focused on emissions monitoring and reporting for ports and shipping companies. The

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Kongsberg Maritime New Engine Room Simulator Model Receives DNV Compliance

Kongsberg Maritime has received a DNV Simulator Statement of Compliance for its new Engine Room Simulator (ERS) model based on Höegh Aurora (CO₂ Pilot), a flagship vessel in Höegh Autoliners’ Aurora Class.The

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Trey Stolz Named as Guice Offshore CFO

Guice Offshore, a leader in the offshore maritime mini supply vessel specialty market, announced the appointment of veteran energy finance executive Trey Stolz as Chief Financial Officer. Stolz brings more than 20

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China Connected VLCC Exits Strait of Hormuz, Stops in Oman

A Chinese supertanker carrying two million barrels of Iraqi crude sailed through the Strait of Hormuz on Wednesday after being stranded in the Gulf for more than two months due to the

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Hapag-Lloyd Swings to Loss on Hormuz Disruptions, Weak Freight Rates

German shipping group Hapag-Lloyd on Wednesday reported a first-quarter loss, citing the impact of lower freight rates and operational disruptions stemming from severe weather conditions and the blockage of the Strait of