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Oil
United States
Bunge Profit Tops Estimates on Strong Processing Margins, Viterra Boost
Bunge Global reported stronger-than-expected third-quarter adjusted profit on Wednesday, supported by higher oilseed processing margins and the completion of it…
LNG
YPF, Eni Sign Agreement With ADNOC’s XRG to Develop Argentina LNG Project
Entergy’s subsidiary and pipeline operator Energy Transfer have entered into a 20-year agreement to supply natural gas to North Louisiana, the companies a…
Oil Refinery
Exxon Explores More Refinery Upgrades as It Hones in on Higher-Value Products
Exxon Mobil (XOM.N) is exploring further opportunities to upgrade its refining and chemical operations after launching four new projects this year, an executive…
Oil Refinery
Nigeria’s Dangote Refinery Ramps up Output on Back of New Fuel Import Duty
Nigeria’s Dangote Petroleum Refinery, Africa’s largest oil refinery, announced on Saturday that it is increasing production to meet national petrol …
Oil & Gas Trade
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
Saudi Arabia’s state oil company Aramco and Algeria’s national energy firm Sonatrach have reduced their official selling prices (OSPs) for liquefied…
Natural Gas
Ecopetrol, Petrobras Announce Joint Venture to Market Natural Gas From Colombia’s Sirius Project
Colombia’s state-owned energy company Ecopetrol and Brazil’s national oil company Petrobras announced on Thursday a partnership to jointly market na…
Crude Oil
Exxon Mobil Names Gregory Garland to Board of Directors
Exxon Mobil Corp. (XOM.N) announced on Wednesday that it has appointed Gregory Garland, a long-time industry executive, to its board of directors, effective Nov…
Natural Gas
Iraq Signs Agreement for Floating Natural Gas Platform With Excelerate Energy
Iraq has signed a $450 million investment agreement with U.S.-based Excelerate Energy to establish the country’s first floating storage regasification uni…
Oil Refinery
Mexico’s Pemex Pumps Less, Refines More in Third Quarter
Mexican state energy company Pemex reported reduced crude oil extraction but increased refining activity in the third quarter, according to its Monday announcem…
Oil Refinery
Dangote Refinery to Expand Capacity to 1.4m Barrels Daily
The Dangote Petroleum Refinery, Africa’s largest refining facility, is set to undergo a major expansion that will increase its production capacity from 65…
Oil Shale
Sinopec Announces Discovery of New Shale Oil Reserve in Southwest China
On October 23, 2025, Sinopec, China’s leading oil refiner, announced the discovery of a significant shale oil reserve in the Sichuan Basin, southwest Chin…
Crude Oil
Texas Pipe Producer Wins Contract for Mexico’s First Deepwater Oil Development
Texas-based Tenaris has secured a major contract to supply casing and tubing for Mexico’s first deepwater oil development project, Trion, located in the P…
Power Construction
US Orders Part of Talen Power Plant in Maryland to Run Above Limits Through End of 2025
U.S. Energy Secretary Chris Wright on Friday issued an order allowing part of Talen Energy’s oil-fired Wagner power plant in Maryland to operate above reg…
LNG
CP2 LNG in Louisiana Gets Export Permit
The United States Department of Energy (DOE) has granted final authorization for Venture Global Inc.’s CP2 LNG project in Cameron Parish, Louisiana, to ex…
Oil Field
Petrobras and Equinor Big Winners in Brazil’s Pre-Salt Auction
The Netherlands will cull around 161,000 chickens at a poultry farm in the central-eastern region of the country after bird flu was detected there, the governme…
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