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Oil
Oil Field
CNOOC Achieves New Gas Startup in South China Sea
CNOOC Ltd., a subsidiary of China National Offshore Oil Corp., has commenced production at the Dongfang 1-1 Gas Field 13-3 Block Development Project in the Ying…
Oil&Gas Drilling
China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market
China's independent oil companies are significantly increasing their investments in Iraq, a major OPEC producer, with plans to double their output to 500,00…
Renewable Diesel
Canada’s Imperial Oil Posts Lower Quarterly Profit; Announces First Production From Renewable Diesel Plant
On Friday, Imperial Oil, a Calgary, Alberta-based oil producer, reported a decrease in second-quarter profit, primarily due to lower crude oil prices and reduce…
LNG
Construction Costs Rise at Canada’s Woodfibre LNG Project
The Woodfibre LNG project, a 2.1-million tonne liquefied natural gas export facility under construction near Squamish, British Columbia, has encountered higher …
LNG
Sempra, Japan’s Jera Enter Into 20-Year LNG Supply Deal
Sempra Infrastructure, a subsidiary of U.S.-based Sempra, announced a 20-year agreement to supply Japan’s largest power generator, JERA, with 1.5 million …
LNG
Italy’s Biggest LNG Terminal Poised for Capacity Upgrade
Italy’s Terminale GNL Adriatico is set to begin maintenance and capacity expansion at its liquefied natural gas (LNG) terminal in the northern Adriatic Se…
China
India Buys Record Amount of Soybean Oil From China
Indian importers have purchased a record 150,000 tonnes of soybean oil from China in an unusual trade shift, driven by a surplus in the Chinese market. Accordin…
Natural Gas
Uniper, Tourmaline Ink 234 Bcf Gas Deal
Tourmaline Oil Corp., a Canadian natural gas producer, has entered into an eight-year supply agreement with German energy company Uniper SE. The deal, announced…
Crude Oil
Mexico Exports 39% Less Crude Oil in June, Lowest Level in Decades
In June, Mexico's state-owned oil company, Pemex, experienced a 39% decrease in crude oil exports compared to the previous year, marking the lowest export l…
Crude Oil
Thailand’s PTTEP Buys 50% of Offshore Gas Block From Chevron for $450 Million
Thai oil and gas company PTT Exploration and Production (PTTEP) announced a $450 million deal to acquire a 50% stake in Block A-18, located in the Malaysia-Thai…
Crude Oil
Trendsetter Bags Contract From Major US Gulf Operator
Trendsetter Engineering Inc., based in Houston, Texas, has been awarded a contract to supply four 15K horizontal subsea tree systems, along with associated tool…
Crude Oil
Valeura Energy Strikes a Deal With Pttep to Expand Its Thai Oil & Gas Footprint
Canada-based Valeura Energy has entered into a farm-in agreement with Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) to acquire …
SAF
Finland’s Neste Tops Earnings Forecast on Soaring SAF Sales
Finnish biofuel and oil refining company Neste announced robust second-quarter results on July 25, 2025, surpassing analyst expectations, primarily due to signi…
Natural Gas
Shell Signs off on Egypt’s Mediterranean Gas Project
BG International, a subsidiary of UK-based energy company Shell, has finalized its investment decision to develop the Mina West gas discovery in Egypt’s M…
Oil Field
Changqing Oilfield’s Daily Shale Oil Output Surpasses 10,000 Tonnes
On Wednesday, Changqing Oilfield, China’s largest oil-and-gas field, reported a daily shale oil production of 10,006 tonnes, marking a significant milesto…
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