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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
LNG
03-07-2025
Exxon, QatarEnergy JV Asks US Regulators for Permission to Re-Export LNG From October 1
Golden Pass LNG, a partnership between Exxon Mobil and QatarEnergy, has applied for U.S. regulatory approval to re-export liquefied natural gas (LNG) starting October 1, 2025. The company plans to import an LNG cargo to cool its export facility in Sabine
LNG
02-07-2025
US LNG Exports Fall in June Due to Plant Maintenance
U.S. liquefied natural gas (LNG) exports declined in June to 8.4 million metric tons (MT), marking the second-lowest monthly level for 2025. This drop from 8.9 MT in May and April's record of 9.3 MT was mainly due to seasonal maintenance at major
LNG
01-07-2025
Canada's First LNG Export Cargo Shipped to Asia
On Monday, a spokesperson for LNG Canada, led by Shell, announced that the country’s first liquefied natural gas (LNG) cargo departed from Kitimat, British Columbia, destined for Asia. The cargo was loaded onto the tanker Gaslog Glasgow, marking
LNG
30-06-2025
PTT Secures First Long-Term LNG Export Contract Outside Thailand
Thailand’s state-owned oil and gas company, PTT, has entered into a heads of agreement (HoA) with Centrica Energy, a UK-based energy firm, for a multi-year supply of liquefied natural gas (LNG). The agreement, finalized in June 2025, stipulates
Natural Gas
30-06-2025
More Gas for Europe as Shell Turns on the Taps at Norwegian Field’s Next Chapter
Shell, a UK-based energy company, has initiated production at the Ormen Lange phase III project in the Norwegian Sea, 120 kilometers northwest of Kristiansund, Norway. This phase enhances gas recovery from the field, increasing the recovery rate from 75%
LNG
30-06-2025
Texas Gulf Coast Getting New Low-Carbon LNG Export
Coastal Bend LNG, a privately held energy infrastructure company, has announced plans to develop a liquefied natural gas (LNG) export facility on the Texas Gulf Coast. The project, designed to meet global demand for sustainable energy, will have a capacit
LNG
27-06-2025
Chevron Raises Offtake From Lake Charles LNG to 3 MMtpa
On Wednesday, Energy Transfer LP announced an expanded agreement with Chevron Corp. for an additional 1 million metric tons per annum (MMtpa) of liquefied natural gas (LNG) from the planned Lake Charles LNG project in Louisiana. This increases Chevron&
Natural Gas
26-06-2025
Key Section of China’s West-East Gas Transmission Project Starts Operation
A significant segment of China’s west-to-east gas transmission project commenced operations on June 26, 2025, enhancing the country’s energy distribution and sustainability efforts.The Gansu-Ningxia section, stretching from Turpan in X
LNG
26-06-2025
Chevron Staying Ahead of LNG Game With Another 20-Year US Offtake Deal
Chevron, a U.S.-based energy company, has signed a new 20-year sale and purchase agreement (SPA) with Energy Transfer LNG, a subsidiary of Energy Transfer, to source liquefied natural gas (LNG) from the Lake Charles LNG export facility under development o
LNG
26-06-2025
Woodside Closes Stake Sale in Gulf Coast LNG Project
Woodside, an Australian energy company, has completed the sale of a 40% interest in its Louisiana LNG project in Calcasieu Parish, Louisiana, to Stonepeak, a New York-based investment firm focused on infrastructure. The transaction, announced in April and
Natural Gas
25-06-2025
Second Phase of China’s Largest Offshore Gas Field Goes Operational
China National Offshore Oil Corporation (CNOOC), the leading offshore oil and gas producer in China, announced on June 25, 2025, the full operation of the second phase of its Shenhai Yihao (Deep Sea No. 1) gas field in the South China Sea. This milestone
LNG
28-06-2025
Two-Train Expansion of Cheniere’s South Texas LNG Terminal Is a Go
Cheniere Energy, a U.S. energy firm, has finalized the investment decision for expanding its liquefied natural gas (LNG) facility on the La Quinta Ship Channel in South Texas. The Corpus Christi Midscale Trains 8 & 9 and debottlenecking project has be
LNG
25-06-2025
Cheniere Board Approves Corpus Christi LNG Expansion Project
Cheniere Energy confirmed on Tuesday its decision to expand the Corpus Christi LNG project, resulting in a 2.4% rise in its shares during afternoon trading. Bechtel Energy will undertake construction of the CCL Midscale Trains 8 & 9 to support this in
Crude Oil
24-06-2025
Petrovietnam and Partners Sign PSC for Vietnam’s Block 15-1
Vietnam National Oil and Gas Group (Petrovietnam) and its partners have signed a new product sharing contract (PSC) for Block 15-1, situated on the southern continental shelf of Vietnam. The agreement marks the start of Phase 2B of the White Lion Project,
FLNG
24-06-2025
‘Significant Milestone’ for BP’s Mega Gas Project as FLNG Moves to Commercial Ops
Golar LNG, a Bermuda-based operator of LNG midstream infrastructure, has reached a key milestone with the commencement of commercial operations for its FLNG Gimi unit at the Greater Tortue Ahmeyim (GTA) gas project, located offshore Mauritania and Senegal
LNG
23-06-2025
LNG Canada Produces First Liquefied Natural Gas for Export
On Sunday, June 22, 2025, the Shell-led LNG Canada facility in Kitimat, British Columbia, produced its first liquefied natural gas (LNG) for export, a project spokesperson confirmed. This milestone positions the facility to load its first LNG export cargo
Oil Field
22-06-2025
More Time for UK Operator to Breathe Life Into Two North Sea Oil Discoveries
UK-based oil and gas company Orcadian Energy has secured an extension for Phase B of its P2482 license, allowing continued development of the Elke and Narwhal oil discoveries in the North Sea until July 14, 2027. The extension supports plans to develop th
LNG
19-06-2025
BW Opal FPSO Arrives at Barossa Field, Commissioning Underway
Australia’s Santos Ltd. announced that the BW Opal floating production, storage, and offloading (FPSO) vessel has arrived at the Barossa gas field, marking a key step toward first gas production in the third quarter of 2025. The FPSO, now hooked
LNG
18-06-2025
Woodside Energy Signs LNG Supply Deal With Petronas Unit
On June 18, 2025, Australia’s Woodside Energy (WDS.AX) announced a new agreement with a subsidiary of Malaysia’s Petroliam Nasional (IPO-PETO.KL). The deal involves the supply of 1 million tonnes of liquefied natural gas (LNG) per year
Crude Oil
17-06-2025
China Builds a Crude Oil War Chest Amid Middle East Tensions
China's crude oil stockpiles continue to grow as the nation refines less than its combined imports and domestic production, maintaining its position as the world's largest oil importer. In May, the surplus reached 1.4 million barrels per d
Oil Refinery
16-06-2025
China’s May Refinery Throughput at 9-Month Low on Plant Overhauls
China’s crude oil throughput declined by 1.8% year-on-year in May, reaching its lowest level since August 2023, according to official data released on Monday. The National Bureau of Statistics (NBS) reported that the country processed 59.11 mill
LNG
13-06-2025
JERA Enters Long-Term Deals to Buy Up to 5.5 MMtpa of US LNG
JERA Co. Inc., a Japanese power utility, has signed agreements with six U.S. liquefied natural gas (LNG) projects to purchase up to 5.5 million metric tons per annum (MMtpa) over 20 years. The deals, announced in Washington, involve projects across Texas
Oil Field
13-06-2025
PSC Extension Secured for Totalenergies’ Angolan Deepwater Block
TotalEnergies and its partners have signed an extension to the production sharing contract (PSC) for Block 17, one of Angola’s most productive offshore oil blocks. The agreement reinforces the consortium’s long-term operations in the r
LNG
12-06-2025
GAIL Completes First LNG Discharge at Dabhol
GAIL (India) Ltd., a state-owned company, has successfully completed the first berthing and discharge operation at its Dabhol LNG terminal in Maharashtra, India. The vessel GAIL Bhuwan was received at the facility following the completion of a breakwater
Natural Gas
12-06-2025
Trio Lands $5B Contracts to Support ADNOC’s Gas Output Expansion
ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company, has finalized its investment decision for the first phase of the Rich Gas Development (RGD) project, marking a significant step in optimizing gas assets and accessing new gas reserves. This phase
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Most views from Oil & Gas
1
BPCL Secures Land for $11 Billion Refinery Project in Southern India
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EIA Expects USA Gasoline Price to Drop In 2025 and 2026
3
India Approves $3.4 Billion Payout to State-Run Refiners for Cooking Gas Losses
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Russia’s Gazprom Supplied 38 Bcm of Gas to China via Power of Siberia Pipeline in 2025
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Norway offers up to 70 new oil and gas drilling permits
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Gunvor signs long-term LNG supply deal with Delfin Midstream
