Oil

Natural Gas
Austrian Gas Hub Records Higher Trading Volumes Despite End of Russian Flows
In 2025, Austria’s Central European Gas Hub (CEGH) in Vienna has seen a rise in trading volumes, despite the cessation of Russian gas transit through Ukra…
Oil Shale
With Output Hikes, OPEC+ Again Targets US Shale Oil
OPEC+, comprising member countries and non-member producers like Russia, has announced plans to increase oil production, aiming to reclaim market share from U.S…
Natural Gas
North Sea Operator Takes Steps to Boost Its Stake in UK’s Largest Gas Field
Ithaca Energy, a UK North Sea oil and gas operator, has signed an agreement to acquire an additional 46.25% operated interest in the Cygnus gas field from Spiri…
Crude Oil
India Plans to Spend $10B on Homebuilt Oil Tanker Fleet
India plans to invest 850 billion rupees (approximately $10 billion) through 2040 to acquire 112 crude oil carriers, according to sources familiar with the matt…
Oil Field
New Oil Discovery Springs up in Norwegian Waters
Aker BP, a Norwegian oil and gas company, has announced a new oil discovery in the Norwegian Sea, approximately 6 kilometers southwest of the Skarv field’…
Natural Gas
Qatar’s North Field East Gas Expansion to Begin Output in Mid-2026
Qatar’s North Field East Gas Expansion to Begin Output in Mid-2026QatarEnergy announced that its North Field East natural gas expansion project is set to …
Biofuel
Indonesia to Raise Crude Palm Oil Export Levy to Fund Biodiesel, Replanting Initiatives
The Indonesian government has announced an increase in the export levy on crude palm oil (CPO) from 7.5% to 10% of the reference price to fund its national biod…
Crude Oil
China’s Crude Oil Imports From Russia Fall in April; Imports From Malaysia Surge
In April, China imported 8.07 million metric tons of crude oil from Russia, equivalent to 1.96 million barrels per day (bpd), according to data released by Chin…
LNG
TotalEnergies Signs Canada LNG Agreement With Ksi Lisims LNG
On Monday, French energy company TotalEnergies announced a significant agreement with Ksi Lisims LNG to purchase 2 million tons of liquefied natural gas (LNG) a…
LNG
US Department of Energy to Begin Issuing Orders for Pending LNG Export Permits
On Monday, the U.S. Department of Energy (DOE) announced it will begin reviewing and deciding on pending applications to export liquefied natural gas (LNG) to c…
RNG
City of Hastings Nebraska Approves 25-Year RNG Agreement With Newcarbon
NewCarbon has entered a 25-year partnership with Hastings, Nebraska, to transform methane emissions from the Hastings Sanitary Landfill into renewable natural g…
Ukraine
Ukrainian Company Plans Egg Gigafarm
Oliyar, a leading Ukrainian oil and fat manufacturer, has announced plans to construct a farm for 2.3 million laying hens in the Shchyretskaya neighborhood of t…
Crude Oil
Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows
Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …
Natural Gas
Turkey Finds New Natural Gas Reserve in Black Sea, Erdogan Says
On Saturday, President Tayyip Erdogan announced the discovery of a 75 billion cubic meter (bcm) natural gas reserve in the Black Sea, uncovered during drilling …
LNG
Italy’s Edison Welcomes Inaugural LNG Cargo From Louisiana Plant
Italian energy company Edison has successfully received its first liquefied natural gas (LNG) shipment from the Calcasieu Pass facility in Cameron Parish, Louis…

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Oil

Austrian Gas Hub Records Higher Trading Volumes Despite End of Russian Flows

With Output Hikes, OPEC+ Again Targets US Shale Oil

North Sea Operator Takes Steps to Boost Its Stake in UK’s Largest Gas Field

India Plans to Spend $10B on Homebuilt Oil Tanker Fleet

New Oil Discovery Springs up in Norwegian Waters

Qatar’s North Field East Gas Expansion to Begin Output in Mid-2026

Indonesia to Raise Crude Palm Oil Export Levy to Fund Biodiesel, Replanting Initiatives

China’s Crude Oil Imports From Russia Fall in April; Imports From Malaysia Surge

TotalEnergies Signs Canada LNG Agreement With Ksi Lisims LNG

US Department of Energy to Begin Issuing Orders for Pending LNG Export Permits

City of Hastings Nebraska Approves 25-Year RNG Agreement With Newcarbon

Ukrainian Company Plans Egg Gigafarm

Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows

Turkey Finds New Natural Gas Reserve in Black Sea, Erdogan Says

Italy’s Edison Welcomes Inaugural LNG Cargo From Louisiana Plant