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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

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
Vietnam
25-03-2026

Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit
On Tuesday afternoon (local time), as part of his official visit to Russia, Vietnamese Prime Minister Phạm Minh Chính visited and held a working session with leading officials of Zarubezhneft, a long - standing and leading partner of Vietnam in
Oil&Gas Drilling
25-03-2026

Equinor starts drilling major gas development in Brazil
Equinor has commenced the drilling phase for the Raia project in Brazil's Campos Basin pre-salt area, a crucial milestone as the project advances toward its planned 2028 startup.The Valaris DS‑17 drillship.Photo: ValarisOn 24 March, the Valaris DS
Guyana
25-03-2026

SBM Offshore awarded FEED contracts by Exxon Mobil in Guyana
SBM Offshore (SBFFF) announced it has been awarded contracts by Exxon Mobil (XOM), an affiliate of Exxon Mobil Corporation, to perform Front End Engineering and Design, or FEED, studies for a Floating Production, Storage and Offloading vessel, or FPSO, fo
LNG
25-03-2026

Venture Global and Vitol announce new LNG purchase agreement
Venture Global and Vitol announced the execution of a new, binding agreement for the purchase of approximately 1.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) from Venture Global for five years commencing in 2026, to be supplied fr
Mongolia
24-03-2026

Mongolia wants to increase imports of oil, petroleum products from Kazakhstan
March 23 - The authorities of Mongolia and Kazakhstan have signed a memorandum of understanding with the aim of developing cooperation in the energy and mining sectors, according to a statement on the website of the Mongolian Industry and Natural Resource
Ukraine
24-03-2026

Gas offtake from Ukraine's UGS facilities averages 5 mln cubic meters a day in March - ex-energy minister
March 23- Natural gas offtake from Ukraine's underground gas storage (UGS) facilities in March has averaged 5 million cubic meters per day owing to domestic production and imports, while the average daily amount of gas offtake from UGS facilities
Japan
24-03-2026

Japan to start releasing state oil reserves on March 26
March 24 - Japan plans to start releasing oil from joint stockpiles held by producing nations in the country ‌by the end of March, Prime Minister Sanae Takaichi said in a po
South Korea
24-03-2026

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
LPG shipping company Dorian LPG has taken delivery of its dual-fuel LPG and ammonia very large gas carrier (VLGC/AC) carrier from a South Korean shipbuilder.Source: Dorian LPGThe 93,000 cubic meter (cbm) dual-fuel newbuild Areion, an LPG and ammonia VLGC/
Egypt
24-03-2026

BP and ADNOC’s JV ready to kick off Mediterranean gas hunt with Valaris rig
Arcius Energy, an affiliate of the UK-headquartered BP and the UAE’s ADNOC, has set the stage to embark on a multi-well drilling campaign off the coast of Egypt with a drillship owned by Valaris, an offshore drilling contractor.The Ministry of P
Senegal
24-03-2026

Fresh LNG gig in Africa lands on Spanish player’s worksheet
Spain’s Reganosa has lined up a new job at a future liquefied natural gas (LNG) import terminal in Senegal, Africa. As a result, the firm will supervise the construction of this LNG facility in Dakar.Port of Dakar; Source: ReganosaReganosa&r
LNG
23-03-2026

Samsung Heavy Industries Secures Two LNG Carriers
Samsung Heavy Industries announced on the 23rd that it signed a contract with an Oceania-based shipping company for two liquefied natural gas (LNG) carriers worth 770.1 billion Korean won.This follows the company’s consecutive orders for three L

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