Oil

Egypt

Egypt, Cyprus sign framework agreement for cooperation on natural gas

President Abdel Fattah El Sisi and his Cypriot counterpart Nikos Christodoulides on March 30, witnessed the signing of a framework agreement for cooperation on …

Philippines

Petron secures 2.5M barrels of Russian crude oil

THE Philippines’ sole oil refinery has secured nearly 2.5 million barrels of Russian crude out of extreme necessity, a stock exchange filing revealed on M…

United States

Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility

Golden Pass LNG, a joint venture ‌between QatarEnergy and Exxon Mobil has produced its first liquefied natural gas at its new facility in Texas, the compan…

Biofuel

US finalizes biofuel blending quotas for 2026-27

The 'Trump Administration' finalized a new mandate for biofuel blending volumes for 'the U.S on March 27. oil refiners. This required more fuels fro…

Australia

Chevron's Wheatstone LNG Facility Faces Weeks-Long Production Halt After Cyclone Damage

Chevron said on March 29 that its Wheatstone liquefied natural gas (LNG) facility in Western Australia is unlikely to resume full production for several weeks a…

New Zealand

New Zealand's LNG Import Terminal Plan Faces Uncertainty Over Economic Viability

New Zealand’s proposed liquefied natural gas (LNG) import terminal faces an uncertain future after Prime Minister Christopher Luxon stated on March 30 tha…

China

PH, China reopen oil exploration talks

THE Philippines and China have made initial exchanges on potential oil and gas exploration in the South China Sea, nearly four years since previous talks were t…

Oil Exploration

Chevron shakes hands with NOC for oil study at block offshore Libya

U.S.-headquartered energy giant Chevron has teamed up with Libya’s National Oil Corporation (NOC) for an oil study at an offshore block in Libyan waters.N…

Natural Gas

Slovakia shows interest in gas from Romania's Neptun project

Slovakia is interested in receiving gas from Romania's Neptun Deep offshore project, with its supplies of Russian deliveries ​set to end next year, Slovak …

Kazakhstan

Turkistan region develops gas infrastructure this year

Gasification of 161 settlements in Turkistan region is planned until 2027.20.7 billion tenge was allocated last year for the construction of 87 gasification fac…

Netherlands

Gas reserves in Netherlands storage facilities fall below 6%

Gas reserves in underground storage facilities in the Netherlands continue to update historic lows, falling below 6%, according to data from Gas Infrastructure …

Brazil

Petrobras augments oil arsenal as it strikes black gold in Brazilian waters

Petrobras has announced the presence of excellent-quality oil in the pre-salt Campos Basin through an exploration well drilled in the Marlim Sul field, which wa…

Oil & Gas Trade

Algeria and Spain in talks to increase gas supply

Spain ​and Algeria are in talks to increase the supply of natural gas ‌from Algeria, Spanish Foreign Minister Jose Manuel Albares said on March 26 after m…

Philippines

The Philippine President Marcos: PH has enough crude oil until June 2026

President of the Philippines Ferdinand Marcos Jr. on Friday announced that the country has sufficient crude oil supply to last until June 30, 2026.

Philippines

President announces successsful drill, test of second Malampaya well

President of the Philippines Ferdinand Marcos Jr. on March 26 announced that the Camago-3 well has been successfully drilled and tested, producing up to 60 mill…