Oil

LNG

Centrica Getting a Decade’s Worth of US LNG

Centrica Energy, the trading arm of U.K. energy company Centrica, has signed a natural gas sale and purchase agreement with U.S.-based Devon Energy Corporation.…

Crude Oil

China’s Zhenhua Oil Doubles Crude Offtake From UAE in New Deal, Sources Say

On Thursday, industry sources announced that China’s Zhenhua Oil will double its crude oil offtake from the Abu Dhabi National Oil Company (ADNOC) to 200,…

LNG

Nebula’s Singapore Arm Signs off on Australian Entry to Call the Shots at LNG Terminal

AG&P LNG, a Singapore-based subsidiary of Florida’s Nebula Energy, has entered the Australian liquefied natural gas (LNG) market by acquiring an LNG impor…

SAF

Indonesia’s Pertamina Delivers First Used Cooking Oil Aviation Fuel

PT Kilang Pertamina Internasional, the refinery arm of Indonesia’s state-owned energy company Pertamina, announced the launch of its first sustainable avi…

Crude Oil

US Crude Production to Hit Record 13.41 Million Bpd in 2025 Before Falling, EIA Says

The U.S. Energy Information Administration (EIA) released a monthly report on August 12, 2025, projecting U.S. crude oil production to reach a record 13.41 mill…

Natural Gas

US Firm Finds Work on $8 Billion Gas Development in Africa

Mellitah Oil and Gas, a joint venture between Libya’s National Oil Corporation and Italy’s Eni, has selected Hill International, a U.S.-based compan…

LNG

NextDecade Secures $1.8 Billion From TotalEnergies, GIP for Rio Grande LNG Project

NextDecade, a U.S. liquefied natural gas (LNG) developer, announced on Monday that it has obtained up to $1.8 billion in equity commitments to finance a new liq…

CCS

Large-Scale Carbon Capture, Utilization, Storage Site Established in North China

The carbon capture, utilization and storage (CCUS) project at the Bayan Oilfield in Bayannur, Inner Mongolia Autonomous Region, has successfully injected over 7…

Oil Field

Norway’s Northernmost Oil Field Formally Inaugurated

Equinor officially inaugurated the Johan Castberg oil field on August 8. This marks Norway’s northernmost oil development and the third producing field in…

Oil Refinery

India Approves $3.4 Billion Payout to State-Run Refiners for Cooking Gas Losses

India’s government approved a 300 billion rupee ($3.4 billion) compensation package for state-owned oil marketing companies to cover losses from providing…

SAF

Argentina’s YPF to Invest $400 Million in Sustainable Jet Fuel Venture

YPF, Argentina’s state-owned oil company, revealed plans to invest approximately $400 million in a new joint venture to produce and distribute sustainable…

Crude Oil

China’s July Crude Oil Imports up 11.5% Year-On-Year

China’s crude oil imports in July 2025 increased by 11.5% compared to the same month last year, reaching 47.2 million metric tons, or 11.12 million barrel…

South Korea

LG Chem and Enilive Break Ground on Korea’s First HVO/SAF Plant

LG Chem Ltd., based in Seoul, South Korea, and Enilive, a biorefining subsidiary of Eni S.p.A. from Rome, Italy, have initiated construction of South Korea&rsqu…

Gas Pipeline

Energy Transfer to Build $5.3b TX to AZ Natural Gas Pipeline

Energy Transfer LP announced on Wednesday its plans to construct a $5.3 billion natural gas pipeline from the Permian Basin to markets in New Mexico and Arizona…

LNG

Technip Secures ‘Major’ Epc Deal for Louisiana LNG Terminal

Commonwealth LNG, managed by energy-focused investment firm Kimmeridge, has engaged Technip Energies, a French engineering company, to provide engineering, proc…