TOP STORIES OF THE WEEK
ORLEN opens maritime transshipment terminal at Gdańsk Refinery
ORLEN has launched a new Maritime Transshipment Terminal at its refinery in Gdańsk, marking a major addition to the Group’s logistics infrastructure. The facility is designed to enable direct transshipment of products and semi-finished products between the refinery and tankers, eliminating the need for intermediate modes of transport.
The terminal is expected to eventually handle more than 1.8 million tonnes of cargo annually. It has already welcomed its first vessels, including tankers that received marine gas oil (MGO) from the refinery and delivered components used in the production of FAME biofuels.
The project also has a strong domestic dimension, with the investment being carried out primarily by Polish companies.
“The ORLEN Marine T…
Ondas completes previously announced acquisition of Cyberhawk, a leader in AI-powered critical infrastructure intelligence
Ondas Inc. has completed its previously announced acquisition of Cyberhawk, a global provider of drone-enabled inspection, visual data management and AI-based asset intelligence solutions for critical infrastructure operators.
The acquisition expands Ondas’ capabilities in critical infrastructure intelligence through the addition of Cyberhawk’s software-enabled inspection platform, AI-driven analytics and established customer base. Cyberhawk has decades of experience providing inspection and asset intelligence services to customers across the utilities, energy, renewable energy, mining and industrial sectors.
According to Ondas, the combination of Cyberhawk’s inspection and analytics capabilities with its autonomous systems portfolio is ex…
Kuwait Oil Company signs US$ 16.0 billion infrastructure partnership involving its crude oil pipeline network
Kuwait Petroleum Corporation (KPC) has announced that its wholly owned subsidiary, Kuwait Oil Company (KOC), has entered into a US$16 billion lease-and-leaseback agreement covering the company's domestic and export crude oil pipeline network with an international consortium led by Blackstone, Brookfield, and KKR.
The transaction involves KOC's entire pipeline network, comprising 13 pipelines spanning approximately 320 kilometres across Kuwait. Under the agreement, a newly established joint venture (JV), incorporated in Kuwait, will lease the usage rights to the pipeline assets from KOC. The JV will subsequently grant KOC exclusive rights to operate, maintain, and use the infrastructure for a period of 20.5 years in exchange for a volume-bas…
Thailand to welcome the global energy community to Bangkok this September for Gastech 2026
As Asia emerges as the centre of global energy demand, where rapid industrialisation and AI-driven electricity consumption have placed significant pressure on regional energy systems, Thailand's Ministry of Energy today outlined its vision for Gastech 2026, which will be unfolding in Bangkok from 14th–17th September 2026.
As the world’s largest conference and exhibition dedicated to natural gas, LNG, low carbon solutions, electrification and AI for energy, Gastech 2026 will bring together global leaders from across the energy value chain at a time when the world is facing growing demand to deliver secure, affordable and reliable energy while supporting industrial growth, digital transformation and economic development.
With the energy comm…
px Group awarded operations and maintenance contract for New Providence LNG Terminal in The Bahamas
px Group has been selected by New Providence Gas Limited as the operations and maintenance (O&M) partner for the liquefied natural gas (LNG) import and regasification terminal currently under development at Clifton Pier in New Providence, The Bahamas.
The multi-year agreement covers the commissioning, operational readiness, and long-term operation and maintenance of the facility, further expanding px Group's presence in the Americas and adding a strategically important LNG asset to its international operations portfolio.
New Providence Gas Limited is a joint venture between Shell, which holds a 40 percent stake, and Sun Oil Limited, a subsidiary of FOCOL Holdings Limited, which owns the remaining 60 percent.
The Clifton Pier terminal i…