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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
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
Oil Exploration
18-03-2026
Hungary and Slovakia agree to build fuel pipeline
Hungary and Slovakia signed an agreement in Brussels on March 16 to construct an oil products pipeline connecting refineries owned by MOL Group in the two countries for the transportation of gasoline, diesel, and other petroleum products.The Slovak Minist
17-03-2026
Neste of Finland Commissions World's Largest Liquefied Waste Plastic Upgrading Facility in Porvoo, with Annual Capacity of 150,000 Tons
Neste of Finland recently announced the successful commissioning of its new liquefied waste plastic (LWP) upgrading facility at its Porvoo refinery. This project, with an investment of 111 million euros (approximately 127 million US dollars), is seen as a
17-03-2026
World Bank Funds Uzbekistan to Repair Natural Gas Pipeline Network Leaks
The World Bank recently approved a $10.6 million grant to support Uzbekistan in repairing leaks in its aging natural gas transmission system. This project aims to recover leaked natural gas resources, provide more stable energy supply for local households
17-03-2026
CNPC Chairman Dai Houliang Meets with Turkmenistan's Deputy Prime Minister Agazhanov
Dai Houliang, Chairman of China National Petroleum Corporation (CNPC), met with Serdar Agazhanov, Deputy Prime Minister of Turkmenistan, in Beijing. The two sides exchanged in-depth views on strengthening cooperation in the natural gas sector.Agazhanov no
17-03-2026
Re Sustainability and Indian Oil Corporation Launch Waste Oil Recycling Project in India
Re Sustainability has signed a Memorandum of Understanding with Indian Oil Corporation Limited to launch India's first nationwide program for used lubricating oil collection and recycling. This collaboration aims to establish a circular economy fo
04-03-2026
UK and Europe Advance Fischer-Tropsch Technology to Expand Sustainable Aviation Fuel Feedstock Sources
As sustainable aviation fuel (SAF) gradually shifts from planning to actual construction, the issue of feedstock supply is becoming increasingly prominent. Early SAF development primarily relied on HEFA (Hydroprocessed Esters and Fatty Acids) technology,
04-03-2026
BPCL Commissions Compressed Biogas (CBG) Plant in Brahmapuram, Kochi, India
Bharat Petroleum Corporation Limited (BPCL) inaugurated its Compressed Biogas (CBG) plant in Brahmapuram, Kochi, Kerala, India. The CBG plant inauguration was presided over by Kerala Chief Minister Pinarayi Vijayan, and attended by Union Minister of State
28-02-2026
Blackstone's 694-MW Magnolia Natural Gas Power Plant Commences Operations in Louisiana
Blackstone Energy Transition Partners, under Blackstone, announced that the Magnolia natural gas power plant in Plaquemine, Louisiana, has been completed and commenced commercial operations. This combined-cycle gas turbine (CCGT) power plant has a capacit
28-02-2026
Hungary to Build New Oil Pipeline with Serbia
Croatian Prime Minister Andrej Plenković stated that Croatia is capable of ensuring crude oil supply to Hungary and Slovakia to address the disruption in oil supply faced by the two countries due to damage to the Druzhba pipeline. Croatian state media quo
25-02-2026
Three Major SAF Registries Collaborate to Drive Sustainable Aviation Fuel Market Integrity
The Civil Aviation Decarbonization Organization (CADO), 123Carbon, and the Assure SAF Registry have entered into a cooperation agreement aimed at achieving interoperability between their respective Sustainable Aviation Fuel (SAF) registry systems. This co
25-02-2026
US Republicans Investigate Environmental Groups Opposing Alaska's Willow Oil Project
US House Republicans have recently launched an investigation into six environmental organizations, stemming from these groups' opposition to ConocoPhillips' $9 billion Willow oil project in Alaska.In a public letter, the lawmakers expresse
25-02-2026
Turkey Expands Natural Gas Trade Through Overseas Upstream Cooperation
Turkey has recently enhanced its momentum for expanding overseas upstream business by signing multiple cooperation agreements with international oil majors. This series of collaborations aims to reduce domestic reliance on expensive natural gas imports an
25-02-2026
Supply Risk Premium Rises Following Disruption in Russian Crude Oil Pipeline
Russian pipeline operator Transneft has reduced its system-wide crude intake by approximately 250,000 barrels per day following damage at its Kaleykino pumping station in Tatarstan. This incident could heighten uncertainty surrounding Russian crude supply
24-02-2026
Ovintiv Sells Anadarko Basin Oil and Gas Assets to Optimize Portfolio
Canadian energy company Ovintiv Inc. (NYSE: OVV) has entered into a definitive agreement to sell its oil and gas assets in the Anadarko Basin, Oklahoma, for $3 billion in cash to an undisclosed buyer. These assets cover approximately 360,000 net acres, es
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Most views from Oil & Gas
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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
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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