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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

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
24-02-2026

FirstEnergy Subsidiary Selects Site for New 1.2-Gigawatt Natural Gas Power Plant in West Virginia to Enhance Power Supply
Mon Power and Potomac Edison, subsidiaries of FirstEnergy, have identified a 35-acre site adjacent to the Fort Martin Power Station in Maidsville, West Virginia, for the construction of a 1,200-megawatt natural gas power plant. The selection of this natur
24-02-2026

Ohio Natural Gas Power Project Launches First Energy Cooperation Under U.S.-Japan Investment Framework
The U.S. Department of Commerce announced on Tuesday that a planned 92-gigawatt natural gas power complex near Portsmouth, Ohio, is one of the first projects under a new U.S.-Japan trade and investment framework, with an estimated investment of $33 billio
24-02-2026

U.S. Crude Oil Inventories Fall by 9 Million Barrels; Refinery Utilization Rate Reaches 91.0%
The U.S. Energy Information Administration (EIA) released its weekly inventory data for the week ending February 13, 2026, showing that U.S. commercial crude oil inventories decreased by 9 million barrels from the previous week to 419.8 million barrels. T
24-02-2026

ConocoPhillips Considers Selling Permian Basin Assets Worth Approximately $2 Billion
ConocoPhillips is currently considering selling some of its assets in the Permian Basin to further streamline its investment portfolio. According to informed sources, the assets up for sale primarily originate from ConocoPhillips' previous acquisi
24-02-2026

Canadian Natural Gas Production Hits Record High, Surpassing 20 Billion Cubic Feet per Day for the First Time
According to the latest data released by the Canada Energy Regulator (CER), in November 2025, Canada's natural gas production reached a historic high, surpassing 20 billion cubic feet per day (bcf/d) for the first time. This milestone growth marks
13-02-2026

Western Canada Select Crude Oil Discount Widens to Near One-Year High
The discount for Western Canada Select crude oil relative to the North American benchmark West Texas Intermediate futures widened to its highest level since July 2024.Data from brokerage CalRock shows that the settlement price for March-delivery Western C
13-02-2026

Centrica Energy and Seneca Resources Sign Long-Term MiQ Methane Emissions Certificate Agreement
Centrica Energy and Seneca Resources have recently entered into a 10-year agreement involving the procurement of MiQ-certified natural gas certificates, aimed at supporting independently verified methane emissions reductions. This long-term transaction is
05-02-2026

Equatorial Guinea Advances Plan to Expand Natural Gas Export Facilities
Equatorial Guinea has made significant progress in enhancing its liquefied natural gas (LNG) export capacity. The country's LNG export facility, with an annual capacity of 3.7 million tons, has initiated a flow expansion plan. This project receive
05-02-2026

Approval of Texas Deepwater Oil Terminal to Boost U.S. Crude Export Capacity
The U.S. federal government recently approved a project to construct a deepwater oil terminal along the Texas coast, which is being advanced by Sentinel Midstream. Named the Texas Gulf Coast Link, this facility is designed with an export capacity of 1 mil
05-02-2026

Libya Plans to Boost Gas Exports to Europe by 2030
Libya plans to boost its natural gas production in the next five years to have more supply available for export to Europe by early 2030, National Oil Corporation Chairman Massoud Suleman said on Tuesday.The country plans to increase gas production to near
03-02-2026

Victoria's Gas Supply Strategy Sparks East Coast Energy Policy Divisions
Victoria's measures to address forecasted gas supply shortages have reignited a broad discussion about the role governments should play in energy supply, moving beyond the specific controversy over pipeline expansion. This move touches on a core i
03-02-2026

BP and Corteva Establish Biofuel Feedstock Joint Venture to Advance Sustainable Energy Development
BP and the U.S. agricultural technology company Corteva Agriscience recently jointly announced the formal establishment of a joint venture named Etlas™, focused on developing sustainable crop-based feedstocks for producing renewable fuels. This
03-02-2026

UK Plans to Mobilize £100 Billion Investment in Clean Energy and Carbon Reduction by 2030
The UK National Wealth Fund recently unveiled a significant plan, aiming to mobilize over £100 billion in funding within the next five years to support clean energy projects and carbon capture technology. This initiative is designed to reduce gr
03-02-2026

New Oil and Gas Resources Discovered in the Knockando Fensfjord Exploration Area in the North Sea Brage Region
Norwegian oil and gas operator OKEA and its partners recently made a new oil and gas discovery in the Knockando Fensfjord exploration area within the North Sea Brage region (License PL1041). This discovery was obtained during development drilling operatio

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