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Oil
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…
Crude Oil
US Became Net Exporter of Crude to Nigeria for the First Time, EIA Says
In February and March 2025, the United States became a net exporter of crude oil to Nigeria, driven by changes in regional demand and supply, according to the U…
Oil Field
First Oil Flows From Chinese Major’s Bohai Sea Shallow Water Asset
CNOOC Limited, a subsidiary of China National Offshore Oil Corporation, has commenced production at the Kenli 10-2 Oilfields Development Project (Phase I) in th…
Natural Gas
Azule Energy Reports Gas Discovery Offshore Angola
Azule Energy reported a significant gas discovery at the Gajajeira-01 exploration well, located offshore in Angola’s Lower Congo Basin. Drilled at a water…
LNG
Sempra-Led US LNG Project Marks 1,000 Global Deliveries
Cameron LNG, an LNG export facility in Hackberry, Louisiana, has exported its 1,000th cargo, as shared in a company social media post. The milestone shipment de…
Natural Gas
CNOOC Unveils Major Discovery at Weizhou 10-5 Gas Field
CNOOC Limited, in collaboration with 80883, has reported a significant discovery in the exploration of metamorphic buried hills in the Beibu Gulf of the South C…
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