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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

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
Slovenia
23-03-2026

Slovenia limits fuel purchases as some pumps run dry
March 22 - Slovenia on Sunday temporarily limited fuel purchases to tackle shortages at the pump caused in part by cross-border fuelling and stockpiling due to the Iran war, raising concerns about security of supplies just as the country goes to the polls
Oil & Gas Supply
23-03-2026

IEA consulting with governments on further oil stock releases
March 23- The International Energy Agency is consulting with governments in ‌Asia and Europe on the release of more stockpiled oil "if necessary" , Executive Director Fatih Birol said on Monday."If it is necessary, of course, we
Saudi Arabia
23-03-2026

Saudi Aramco cuts oil supply to Asia for second month in April
March 23- Saudi Aramco, the world's top oil exporter, has cut crude supply to Asian buyers for a second month ‌in April.The producer is supplying only Arab Light ⁠crude exported from the Red Sea port of Yanbu to term customers in April,
Oil Pipeline
22-03-2026

Hanwha to Acquire 324-MW Gas-Fired Power Plant in Texas ERCOT Market
Hanwha Energy has agreed to acquire a 324-MW natural gas-fired power plant in Texas, expanding its presence in the ERCOT market as electricity demand continues to rise.The proposed acquisition includes a simple-cycle facility located in ERCOT’s
United States
22-03-2026

California Approves First SB 1440 RNG Supply Project for Pipeline Injection
The California Public Utilities Commission has conditionally approved a long-term renewable natural gas (RNG) supply contract tied to Anaergia’s SoCal Biomethane facility, marking the first project to move forward under the state’s SB
Gas Pipeline
20-03-2026

Turkmenistan, CNPC Hold Talks on TAPI Pipeline's Key Segment
During a meeting with CNPC Board Chairman Dai Houliang in Beijing, Turkmen National Leader and Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov confirmed his intention to continue exchanging experiences and developing partnerships in the gas secto
Natural Gas
20-03-2026

Petrobras finds more gas on deepwater block offshore Colombia
Petrobras and Ecopetrol have discovered natural gas in the Copoazu exploration area of the deepwater block GUA-OFF-O in the Caribbean Sea, located 36 kilometers offshore Colombia.
United States
19-03-2026

Baker Hughes awarded turbomachinery service contract from Petrobras
Baker Hughes, a US-based energy technology giant, has reached a multi-year agreement with Petrobras, Brazil's state-owned energy giant, to provide critical turbomachinery equipment support for the South American country's offshore and refinery operations.
Oil&Gas Drilling
19-03-2026

Equinor makes Arctic Norway oil discovery
Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.The discovery was made in the Polynya Tubåen prospect (7220/7-5). The well was drilled by the COSL Prospector rig. The preliminary volume estima
Crude Oil
19-03-2026

Spain to release 11.5M barrels from strategic oil reserves
The Spanish government on Tuesday approved the release of up to 11.5 million barrels of oil from its reserves in a bid to ease supply shortages.Speaking to reporters following a weekly Cabinet meeting, Energy Minister Sara Aagesen said the move came in re
19-03-2026

South Korea considers importing Russian oil
The South Korean government is pursuing the reintroduction of Russian crude oil imports, suspended since 2022, as the prolonged closure of the Strait of Hormuz due to U.S.-Iran conflict has triggered an emergency in securing Middle Eastern crude.According

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