Oil

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…

Ukraine

Ukrainian Energy Ministry, Naftogaz sign cooperation documents with several U.S. companies

March 26- The Ukrainian Energy Ministry and Naftogaz have signed documents with U.S. companies on cooperation in energy projects in Ukraine, Ukrainian media quo…

Vietnam

Novatek mulling LNG supplies to Vietnam, starting at 1 mln tonnes per year

March 26 - Novatek is in talks to supply liquefied natural gas to private companies in Vietnam, starting at 1 million tonnes per year, company CEO Leonid Mikhel…

Kazakhstan

Kazakhstan decides against Shell, Eni participation in Karachaganak gas plant project

March 26 - Kazakhstan will not proceeds with constructing a gas processing plant at the Karachaganak field in partnership with Shell and Eni, said PSA LLP, the …

Singapore

MHI-AP Awarded Boiler Retrofit Contract for Waste-to-Energy Facility in Singapore

Aims to complete the project by FY2027 and will provide comprehensive services from design and construction to operational support

South Korea

S. Korea to enforce naphtha export restriction starting Friday: finance minister

South Korea will begin restricting naphtha exports from Friday amid growing supply shortages due to the Middle East situation, Seoul's finance chief said on…

LNG

TC Energy inks new deals for GasLink expansion

TC Energy said on March 25 that its Coastal GasLink pipeline project has signed commercial agreements with ​LNG Canada to advance the project's second phas…

Sri Lanka

Sri Lanka expects to finalize Russian oil purchase deal next week

March 25 Sri Lanka expects to finalize a deal to purchase Russian oil and petroleum products next week, head of the state fuel company Ceylon Petroleum Corporat…

Kazakhstan

Kazakhstan and Shell strengthen cooperation in oil and gas sector

Kazakh Energy Ministry Yerlan Akkenzhenov held a meeting with Shell CEO Wael Sawan in the U.S.Photo credit: Kazakh Foreign MinistryThe press service of the Kaza…

Kazakhstan

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

As part of the international energy conference CERAWeek, Kazakh Energy Minister Yerlan Akkenzhanov joined the session titled "Global Oil Market Outlook: Fundame…

LNG

Baker Hughes to Supply Tech for Offshore LNG Project in Texas

Baker Hughes has secured a contract to supply gas compression and power generation technology for ST LNG’s proposed 8.4 million tonnes per annum liquefied…

Vietnam

Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit

On Tuesday afternoon (local time), as part of his official visit to Russia, Vietnamese Prime Minister Phạm Minh Chính visited and held a working session…

Oil&Gas Drilling

Equinor starts drilling major gas development in Brazil

Equinor has commenced the drilling phase for the Raia project in Brazil's Campos Basin pre-salt area, a crucial milestone as the project advances toward its…