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Oil & Gas

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Oil Exploration
10-04-2026

Occidental Announces Gulf of America Oil Discovery at Bandit
April 09 ,Occidental announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration well, located in Green Canyon Block 680, encountered high-quality, full-to-base oil-bearing Miocen
Norway
09-04-2026

Norwegian Oil and Gas Company Aker BP Achieves Oil Production from New Reservoir in North Sea Nine Months Ahead of Schedule
Aker BP announced that the Symra oil field in the Norwegian North Sea has commenced production. The project started nine months earlier than originally planned, contributing to the development progress in the Eiga area.The Symra field is located approxima
Libya
31-03-2026

Libya fully resumes output at Sharara and El Feel oil fields, NOCK says
Libya's National Oil Corporation said on March 30 that oil production had fully resumed at the Sharara and El ‌Feel oilfields after completing maintenance on a crude export pipeline linking Sharara to storage tanks at the Zawiya refiner
Egypt
31-03-2026

Egypt, Cyprus sign framework agreement for cooperation on natural gas
President Abdel Fattah El Sisi and his Cypriot counterpart Nikos Christodoulides on March 30, witnessed the signing of a framework agreement for cooperation on natural gas.The deal was inked by Minister of Petroleum and Mineral Resources Karim Badawi and
Philippines
31-03-2026

Petron secures 2.5M barrels of Russian crude oil
THE Philippines’ sole oil refinery has secured nearly 2.5 million barrels of Russian crude out of extreme necessity, a stock exchange filing revealed on March 31, as the country seeks to replenish fast-dwindling fuel reserves.The Philippines has
United States
31-03-2026

Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
Golden Pass LNG, a joint venture ‌between QatarEnergy and Exxon Mobil has produced its first liquefied natural gas at its new facility in Texas, the company said on March 30,a major step toward bringing one of the largest U.S. export projects onl
Australia
30-03-2026

Chevron's Wheatstone LNG Facility Faces Weeks-Long Production Halt After Cyclone Damage
Chevron said on March 29 that its Wheatstone liquefied natural gas (LNG) facility in Western Australia is unlikely to resume full production for several weeks as repairs continue following damage caused by Tropical Cyclone Narelle last week.The cyclone di
New Zealand
30-03-2026

New Zealand's LNG Import Terminal Plan Faces Uncertainty Over Economic Viability
New Zealand’s proposed liquefied natural gas (LNG) import terminal faces an uncertain future after Prime Minister Christopher Luxon stated on March 30 that the government would only approve the project if its economic rationale proved sound. The
China
30-03-2026

PH, China reopen oil exploration talks
THE Philippines and China have made initial exchanges on potential oil and gas exploration in the South China Sea, nearly four years since previous talks were terminated in 2022.The subject was raised at the just-concluded Bilateral Consultative Mechanism
Oil Exploration
29-03-2026

Chevron shakes hands with NOC for oil study at block offshore Libya
U.S.-headquartered energy giant Chevron has teamed up with Libya’s National Oil Corporation (NOC) for an oil study at an offshore block in Libyan waters.NOC and Chevron have signed a memorandum of understanding (MoU) for an offshore oil study in
Natural Gas
29-03-2026

Slovakia shows interest in gas from Romania's Neptun project
Slovakia is interested in receiving gas from Romania's Neptun Deep offshore project, with its supplies of Russian deliveries set to end next year, Slovak Prime Minister ‌Robert Fico said on March 27."We expressed interest and said t
Kazakhstan
28-03-2026

Turkistan region develops gas infrastructure this year
Gasification of 161 settlements in Turkistan region is planned until 2027.20.7 billion tenge was allocated last year for the construction of 87 gasification facilities in the region, according to the Turkistan region’s Department of Energy and H
Netherlands
28-03-2026

Gas reserves in Netherlands storage facilities fall below 6%
Gas reserves in underground storage facilities in the Netherlands continue to update historic lows, falling below 6%, according to data from Gas Infrastructure Europe (GIE).Gas reserves in the Netherlands’ underground storage facilities, which a
Brazil
27-03-2026

Petrobras augments oil arsenal as it strikes black gold in Brazilian waters
Petrobras has announced the presence of excellent-quality oil in the pre-salt Campos Basin through an exploration well drilled in the Marlim Sul field, which was discovered in November 1987 through the well 4-RJS-382.The Brazilian giant is the operator of
Oil & Gas Trade
27-03-2026

Algeria and Spain in talks to increase gas supply
Spain and Algeria are in talks to increase the supply of natural gas ‌from Algeria, Spanish Foreign Minister Jose Manuel Albares said on March 26 after meeting Algerian President Abdelmadjid Tebboune and members of the government in Algiers.The
Philippines
27-03-2026

The Philippine President Marcos: PH has enough crude oil until June 2026
President of the Philippines Ferdinand Marcos Jr. on Friday announced that the country has sufficient crude oil supply to last until June 30, 2026.
Philippines
27-03-2026

President announces successsful drill, test of second Malampaya well
President of the Philippines Ferdinand Marcos Jr. on March 26 announced that the Camago-3 well has been successfully drilled and tested, producing up to 60 million standard cubic feet of gas per day."Today, I am proud to announce another step forward
Ukraine
27-03-2026

Ukrainian Energy Ministry, Naftogaz sign cooperation documents with several U.S. companies
March 26- The Ukrainian Energy Ministry and Naftogaz have signed documents with U.S. companies on cooperation in energy projects in Ukraine, Ukrainian media quoted First Deputy Prime Minister and Energy Minister Denis Shmygal as saying."The Energy Mi
Vietnam
27-03-2026

Novatek mulling LNG supplies to Vietnam, starting at 1 mln tonnes per year
March 26 - Novatek is in talks to supply liquefied natural gas to private companies in Vietnam, starting at 1 million tonnes per year, company CEO Leonid Mikhelson said.He said electricity consumption in Vietnam was growing significantly, primarily from g
Kazakhstan
27-03-2026

Kazakhstan decides against Shell, Eni participation in Karachaganak gas plant project
March 26 - Kazakhstan will not proceeds with constructing a gas processing plant at the Karachaganak field in partnership with Shell and Eni, said PSA LLP, the government body overseeing major oil and gas projects under production sharing agreements."
South Korea
26-03-2026

S. Korea to enforce naphtha export restriction starting Friday: finance minister
South Korea will begin restricting naphtha exports from Friday amid growing supply shortages due to the Middle East situation, Seoul's finance chief said on March 26.According to the plan announced by Finance Minister Koo Yun-cheol during an emerg
LNG
26-03-2026

TC Energy inks new deals for GasLink expansion
TC Energy said on March 25 that its Coastal GasLink pipeline project has signed commercial agreements with LNG Canada to advance the project's second phase.The ‌agreements mark a key milestone for Coastal GasLink Phase 2, which still req
Sri Lanka
26-03-2026

Sri Lanka expects to finalize Russian oil purchase deal next week
March 25 Sri Lanka expects to finalize a deal to purchase Russian oil and petroleum products next week, head of the state fuel company Ceylon Petroleum Corporation (CPC) Janaka Rajakaruna said.According to the head of the corporation, Sri Lanka hopes to p
Kazakhstan
26-03-2026

Kazakhstan and Shell strengthen cooperation in oil and gas sector
Kazakh Energy Ministry Yerlan Akkenzhenov held a meeting with Shell CEO Wael Sawan in the U.S.Photo credit: Kazakh Foreign MinistryThe press service of the Kazakhstan ministry informed that the talks highlighted Shell’s status as a strategic and
LNG
26-03-2026

Baker Hughes to Supply Tech for Offshore LNG Project in Texas
Baker Hughes has secured a contract to supply gas compression and power generation technology for ST LNG’s proposed 8.4 million tonnes per annum liquefied natural gas export terminal offshore Matagorda in Texas.Under the agreement, Baker Hughes

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Most views from Oil & Gas

Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility

Baker Hughes to Supply Tech for Offshore LNG Project in Texas

Equinor starts drilling major gas development in Brazil

Algeria and Spain in talks to increase gas supply

Petron secures 2.5M barrels of Russian crude oil

PH, China reopen oil exploration talks