Search

Transportation Construction and materials Chemical industry Agricultural engineering Information and Communication Exhibition & Forum Belt and Road

Français Русский Español العربية Português Deutsch

Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

05-02-2026

Equatorial Guinea Advances Plan to Expand Natural Gas Export Facilities
Equatorial Guinea has made significant progress in enhancing its liquefied natural gas (LNG) export capacity. The country's LNG export facility, with an annual capacity of 3.7 million tons, has initiated a flow expansion plan. This project receive
05-02-2026

Approval of Texas Deepwater Oil Terminal to Boost U.S. Crude Export Capacity
The U.S. federal government recently approved a project to construct a deepwater oil terminal along the Texas coast, which is being advanced by Sentinel Midstream. Named the Texas Gulf Coast Link, this facility is designed with an export capacity of 1 mil
05-02-2026

Libya Plans to Boost Gas Exports to Europe by 2030
Libya plans to boost its natural gas production in the next five years to have more supply available for export to Europe by early 2030, National Oil Corporation Chairman Massoud Suleman said on Tuesday.The country plans to increase gas production to near
03-02-2026

Victoria's Gas Supply Strategy Sparks East Coast Energy Policy Divisions
Victoria's measures to address forecasted gas supply shortages have reignited a broad discussion about the role governments should play in energy supply, moving beyond the specific controversy over pipeline expansion. This move touches on a core i
03-02-2026

BP and Corteva Establish Biofuel Feedstock Joint Venture to Advance Sustainable Energy Development
BP and the U.S. agricultural technology company Corteva Agriscience recently jointly announced the formal establishment of a joint venture named Etlas™, focused on developing sustainable crop-based feedstocks for producing renewable fuels. This
03-02-2026

UK Plans to Mobilize £100 Billion Investment in Clean Energy and Carbon Reduction by 2030
The UK National Wealth Fund recently unveiled a significant plan, aiming to mobilize over £100 billion in funding within the next five years to support clean energy projects and carbon capture technology. This initiative is designed to reduce gr
03-02-2026

New Oil and Gas Resources Discovered in the Knockando Fensfjord Exploration Area in the North Sea Brage Region
Norwegian oil and gas operator OKEA and its partners recently made a new oil and gas discovery in the Knockando Fensfjord exploration area within the North Sea Brage region (License PL1041). This discovery was obtained during development drilling operatio
03-02-2026

Rising Oil Prices Drive ExxonMobil and Chevron to Their Best Monthly Performance Since 2022
Driven by climbing energy prices and improving industry fundamentals, the stock prices of U.S. oil giants ExxonMobil and Chevron have shown strong performance recently and are on track for their biggest monthly gains in over three years. ExxonMobil rose 1
03-02-2026

Kazakhstan's Tengiz Oil Field Resumes Production with Output Gradually Increasing
Kazakhstan's largest oil field, the Tengiz oil field, has begun to resume oil production. The field is operated by Tengizchevroil, a joint venture led by Chevron, and production had previously been partially interrupted for reasons.The Kazakh Mini
03-02-2026

ExxonMobil and Kazakhstan Discuss Deepening Energy Investment Cooperation
According to the Ministry of Foreign Affairs of Kazakhstan, Kazakh Foreign Minister Yermek Kosherbayev held talks with ExxonMobil Senior Vice President Peter Lader, during which the two sides conducted in-depth exchanges on expanding investment cooperatio
03-02-2026

Increased Investment in Natural Gas Exploration in Queensland, Australia Expected to Boost Supply and Ease Energy Price Pressures
The Queensland Government recently announced the designation of preferred tenderers for three natural gas exploration blocks in the Cooper-Eromanga Basin, aiming to drive new exploration investment. This initiative is intended to increase future gas suppl
23-01-2026

Chiyoda Corporation Secures FEED Contract for Qatar's North Field West LNG Project
The Japanese engineering company Chiyoda Corporation has recently secured a new contract for a liquefied natural gas (LNG) project. The project is commissioned by QatarEnergy as part of its LNG production capacity expansion plan for the North Field.Accord
23-01-2026

Vietnam Electricity Group Secures Financing from Four State-Owned Banks for Quang Trach II LNG Power Plant
Recently, Vietnam Electricity Group (EVN) signed loan agreements with four state-owned banks, successfully securing financing for its Quang Trach II Liquefied Natural Gas (LNG) power plant project in Quang Tri province. The project has a total installed c
18-01-2026

Lion Energy Discovers Potential Oil Field on Seram Island, Indonesia
Australian-listed company Lion Energy Limited recently issued an announcement, revealing the discovery of a potential oil field in the Bula Bay area on Seram Island in eastern Indonesia. The company stated that the area may contain previously untapped pet
18-01-2026

Venezuela Officially Launches Liquefied Petroleum Gas Exports
On January 16, Venezuelan Acting President Delcy Rodríguez announced at the National Productive Economy Council meeting that Venezuela has signed contracts for the commercialization of liquefied petroleum gas, marking the official launch of the
18-01-2026

Larsen & Toubro Secures EPC Contract from ONGC for Dahej Petrochemical Complex Storage Tanks
India's Larsen & Toubro (L&T) announced that it has secured a lump-sum turnkey contract from the state-owned energy company Petronet LNG Ltd. The contract involves the design, procurement, construction, and commissioning of two large doubl
09-01-2026

Standard Bank Backs $285M Acquisition in Nigeria’s Gas Sector
Standard Bank has arranged a $285 million structured financing package to enable BlueCore Gas InfraCo to acquire Glover Gas & Power, the sole owner of Axxela – a major natural gas distributor in Nigeria.Axxela is one of West Africa&rsquo
08-01-2026

Shell Invests in Water Injection Project for Kaikias Field in US Gulf of Mexico
Shell announced that its subsidiary, Shell Offshore Inc., has decided to invest in a water injection project for the Kaikias field in the US Gulf of Mexico.It is understood that water injection is a secondary oil recovery method that involves injecting wa
08-01-2026

BP Agrees to Sell 65% Stake in Castrol for $10 Billion
Recently, BP announced that it has reached an agreement with Stonepeak to sell a 65% stake in Castrol to Stonepeak for $10 billion.BP stated that upon completion of the transaction, it will establish a new joint venture with Stonepeak, in which Stonepeak
06-01-2026

Contract Signed for New Subsea Pipeline Construction at Turkey's Sakarya Gas Field
Italian energy engineering company Saipem has recently signed a new contract worth approximately $425 million with the Turkish Petroleum Offshore Technology Center. According to the contract, Saipem will undertake additional engineering, procurement, cons
05-01-2026

Harbour Energy to operate Zama oil project in Mexico
The Zama partners, encompassing Pemex, Grupo Carso, and Talos Energy, agreed to the appointment.UK based independent oil and gas company Harbour Energy has been named the operator of the Zama offshore oil project in Mexico.The Zama partners, encompassing
05-01-2026

Chevron produces first oil at South N’dola platform in Angola
Chevron produced its initial oil at its South N’dola offshore platform in Angola, a major step reached slightly more than two years after construction commenced.The platform sits in Block 0, an offshore producing area that accounts for about 12%
04-01-2026

Vietnam oil & gas firms post record profits in 2025
Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of the Dung Quat oil refinery, said output was estimated at nearly 7.91 million tons, with revenue of VND142.3 trillion ($5.41 billion) and pre-tax profit of VND4.7 trillion ($178.7 million), m
04-01-2026

Türkiye to launch offshore oil and gas exploration off Somalia
Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices higher, Hungarian Prime Minister Viktor Orban said.According to Azernews, Orban made the remar
Oil&Gas Drilling
01-01-2026

Turkey Seeks Agreement With Syria on Offshore Energy E&P
Turkey is planning to reach an agreement with the new government of Syria on maritime cooperation and offshore E&P, the nation's minister of energy said in an interview this week.The deal would allow Turkey's oil and gas companies to b

7261 Items PREV 1 2 3 4 5 6 7 8 9 10 ..291 NEXT

Most views from Oil & Gas

BP and Corteva Establish Biofuel Feedstock Joint Venture to Advance Sustainable Energy Development

Rising Oil Prices Drive ExxonMobil and Chevron to Their Best Monthly Performance Since 2022

Victoria's Gas Supply Strategy Sparks East Coast Energy Policy Divisions

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Equatorial Guinea Advances Plan to Expand Natural Gas Export Facilities

Egypt and Lebanon Sign Memorandum of Understanding on Natural Gas Supply