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Gas
Crude Oil
China Still Storing Crude Oil Even as Refinery Runs Rise
In July 2025, China’s refineries increased processing rates but maintained a crude oil surplus of 530,000 barrels per day (bpd), driven by robust imports …
Green Hydrogen
Torrent Power Inaugurates Largest Green Hydrogen Plant in Uttar Pradesh
Torrent Power Limited, in partnership with Torrent Gas, has launched a Green Hydrogen Plant in Gorakhpur, Uttar Pradesh, with the inauguration led by Chief Mini…
Oil Shale
China Marks Major Milestone in Exploration With Discovery of Deep Shale Gas Field
China has achieved a key milestone in shale gas exploration with the discovery of a large-scale deep shale gas field in its southwestern region, with proven res…
LNG
Centrica Getting a Decade’s Worth of US LNG
Centrica Energy, the trading arm of U.K. energy company Centrica, has signed a natural gas sale and purchase agreement with U.S.-based Devon Energy Corporation.…
Hydrogen Storage
DCarbonX Secures Gateway Hydrogen Storage Licence in East Irish Sea
The UK’s North Sea Transition Authority (NSTA) awarded dCarbonX Ltd a Gas Storage Licence (GS008) for the Gateway hydrogen salt cavern storage project in …
Crude Oil
China’s Zhenhua Oil Doubles Crude Offtake From UAE in New Deal, Sources Say
On Thursday, industry sources announced that China’s Zhenhua Oil will double its crude oil offtake from the Abu Dhabi National Oil Company (ADNOC) to 200,…
LNG
Nebula’s Singapore Arm Signs off on Australian Entry to Call the Shots at LNG Terminal
AG&P LNG, a Singapore-based subsidiary of Florida’s Nebula Energy, has entered the Australian liquefied natural gas (LNG) market by acquiring an LNG impor…
Biofuel
Wasaline to Use Only Bio-LNG on Baltic Sea Shipping Route
Finnish shipping company Wasaline has entered agreements with Nordic energy provider Gasum and Swedish ferry operator Stena Line to exclusively use liquefied bi…
Crude Oil
US Crude Production to Hit Record 13.41 Million Bpd in 2025 Before Falling, EIA Says
The U.S. Energy Information Administration (EIA) released a monthly report on August 12, 2025, projecting U.S. crude oil production to reach a record 13.41 mill…
Natural Gas
US Firm Finds Work on $8 Billion Gas Development in Africa
Mellitah Oil and Gas, a joint venture between Libya’s National Oil Corporation and Italy’s Eni, has selected Hill International, a U.S.-based compan…
China
Chinese Duo to Develop Brand-New 20,000 Cbm LNG Bunkering Vessel
China’s Dalian Shipbuilding Offshore Co. (DSOC) has partnered with Zhongnen Fuel Injection Technology to construct a 20,000 cubic meters (cbm) liquefied n…
LNG
NextDecade Secures $1.8 Billion From TotalEnergies, GIP for Rio Grande LNG Project
NextDecade, a U.S. liquefied natural gas (LNG) developer, announced on Monday that it has obtained up to $1.8 billion in equity commitments to finance a new liq…
Oil Field
Norway’s Northernmost Oil Field Formally Inaugurated
Equinor officially inaugurated the Johan Castberg oil field on August 8. This marks Norway’s northernmost oil development and the third producing field in…
Oil Refinery
India Approves $3.4 Billion Payout to State-Run Refiners for Cooking Gas Losses
India’s government approved a 300 billion rupee ($3.4 billion) compensation package for state-owned oil marketing companies to cover losses from providing…
Crude Oil
China’s July Crude Oil Imports up 11.5% Year-On-Year
China’s crude oil imports in July 2025 increased by 11.5% compared to the same month last year, reaching 47.2 million metric tons, or 11.12 million barrel…
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