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Oil & Gas
Oil Price
Oil Prices Post 3% Annual Decline
Crude Oil
15-07-2025
Perenco Completes Acquisition of Woodside’s Greater Angostura Stakes
Woodside Energy Group Ltd. sold its Greater Angostura oil and gas assets in Trinidad and Tobago to Perenco Group for AUD 206 million ($135.18 million). The deal includes stakes in the Angostura (45%) and Ruby (68.46%) fields, producing 300 million standar
LNG
19-07-2025
More Acreage Secured for Louisiana’s LNG Export Project
The Greater Lafourche Port Commission (GLPC) in Louisiana, USA, has acquired an additional 743 acres (approximately 3 square kilometers) of land to support the expansion of Argent LNG’s export terminal in Port Fourchon. The acquisition, approved
Natural Gas
14-07-2025
Enstor Gets Green Light for Mississippi Hub Expansion Project
Emerald Storage Holdings LLC, the parent company of Enstor Gas LLC and Mississippi Hub LLC, has received approval from the Federal Energy Regulatory Commission (FERC) to proceed with construction of the Mississippi Hub Expansion project. The facility, loc
Natural Gas
14-07-2025
Enstor Gets Green Light for Mississippi Hub Expansion Project
Emerald Storage Holdings LLC, the parent company of Enstor Gas LLC and Mississippi Hub LLC, has received approval from the Federal Energy Regulatory Commission (FERC) to proceed with construction of the Mississippi Hub Expansion project. The facility, loc
Oil Field
13-07-2025
Subsea7 and Onesubsea Pick Up Work on Equinor’s New Chapter of Brazilian Oil Field Story
Equinor, a Norwegian state-owned energy company, has engaged Subsea Integration Alliance (SIA), a partnership between SLB OneSubsea and Subsea7, to conduct a concept study for the Bacalhau Phase 2 project at its operated oil field in the Santos Basin, off
Natural Gas
10-07-2025
DNO Signs Offtake Agreement to Supply Norwegian Gas to ENGIE
DNO ASA, through its Norwegian subsidiaries, has signed an offtake agreement with ENGIE SA, a France-based energy company, covering all gas production from DNO’s Norwegian operations. This follows DNO’s acquisition of Sval Energi Group
Oil & Gas Trade
08-07-2025
US Winds Down Exports of LPG to Venezuela, Treasury Says
On July 7, 2025, the U.S. Treasury Department announced the termination of a license permitting shipments of liquefied petroleum gas (LPG) to Venezuela’s state-owned energy company, Petroleos de Venezuela SA (PDVSA). The decision halts the autho
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
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Most views from Oil & Gas
1
Nigeria’s Dangote Refinery Says It Can Deliver 1.5 Billion Litres of Petrol in December
2
Japan’s JERA Signs First Long-Term LNG Export Deal With India’s Torrent Power
3
Turkmenistan Expands Oil Production at Uzynada Field
4
Italy’s Eni Discovers Major Gas Reserves off Borneo in Indonesia
5
$1.98 Billion Chapter to ‘World-Class’ Gas Story Coming up Next off Australia
6
Senegal Plans to Nationalise Kosmos-Run Yakaar-Teranga Gas Project
