Singapore awards 8 new LNG bunkering licenses to strengthen its position as a multi-fuel bunkering hub, effective Sept. 1. The five-year licenses, valid through Aug. 31, 2031, were issued to firms including ExxonMobil, Shell, PetroChina, and Sinopec.

BP launches sale process for North Sea business, CEO Meg O'Neill says the unit — with 5 production hubs and 1,100 employees 'better positioned as part of another company.' Move comes amid UK-US debate over North Sea drilling.

BP announced Friday it is launching a sale process for its North Sea business, with CEO Meg O'Neill saying the unit would be 'better positioned as part of another company.' The unit includes five production hubs and about 1,100 employees.

Hungary's Paks nuclear plant may halt for weeks as low Danube water threatens reactor cooling, PM says. Suspension expected from Aug. 3.

Hungary's Paks nuclear power plant could be suspended for several weeks due to low water levels in the Danube, the Hungarian Prime Minister said. The plant is expected to halt work from August 3 as river levels may remain too low to cool reactors for weeks.

ASEAN+3 should accelerate AI, energy and digital payment integration to limit dollar dependence, regional research institute AMRO says Thursday

ASEAN+3 economies—ASEAN member states plus China, Japan, and South Korea—should accelerate integration of artificial intelligence, energy infrastructure, and digital payment systems to limit dependence on the U.S. dollar as AI reshapes global commerce, the ASEAN+3 Macroeconomic Research Office (AMRO) said Thursday, citing a commentary by its economists.