Oil

FLNG

Dutch-UAE Duo Teams up on Perenco’s FLNG Project in Gabon

Technomak, a UAE-based engineering and construction firm, has signed an engineering, procurement, construction, commissioning, and integration (EPCCI) agreement…

Natural Gas

Singapore Centralises Power Sector’s Natural Gas Procurement and Supply

Singapore has established Singapore GasCo, a new government-owned entity tasked with centralizing the procurement and supply of natural gas for the city-state&r…

FLNG

Samsung Heavy’s Deepwater FLNG Design Wins Triple Blessing

Samsung Heavy Industries (SHI), based in South Korea, has secured approvals in principle (AiP) for its multi-purpose LNG floater-offshore (MLF-O) standard model…

Natural Gas

Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices

Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …

Oil Price

Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite

On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…

Crude Oil

Exxon Plans $1.5 Billion Investment in Nigerian Oilfield

ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…

Kazakhstan

Chinese Company’s Expansion, Upgrade Project of Kazakhstan Asphalt Plant Enters Production

On Monday, a ceremony marked the completion of the expansion and upgrade of the Caspian Asphalt Plant in Aktau, western Kazakhstan. The project, executed by Chi…

Natural Gas

Permitting Starts for Netherlands’ Third LNG Terminal

Dutch energy infrastructure company VTTI and Norwegian LNG carrier and floating storage and regasification unit operator Höegh Evi have initiated the permi…

Crude Oil

Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows

Mexican state oil company Pemex significantly increased its crude oil exports to Cuba in 2024, boosting shipments by nearly 20%, according to a company filing r…

Crude Oil

Norway Parliament Orders Restart to Frontier Oil and Gas Exploration Licensing

On Tuesday, the Norwegian parliament directed the Labour minority government to initiate a new licensing round for oil and gas exploration in frontier areas, pa…

United States

Dow Finalizes Sale of Soil Fumigation Product Line

Dow, headquartered in Midland, Michigan, has finalized the sale of its Telone soil fumigation product to TriCal Soil Solutions, Inc., a prominent distributor an…

Oil Field

BW Energy Greenlights Maromba Field Development, Offshore Brazil

BW Energy has finalized its investment decision for the Maromba field development offshore Brazil, located 100 km off the coast in the Campos Basin. The project…

Renewable Diesel

Imperial Oil: Renewable Diesel Project to Begin Operations Mid-Year

Imperial Oil Ltd., a Canada-based energy company, announced on May 2 that construction of its renewable diesel facility at the Strathcona refinery near Edmonton…

Natural Gas

Totalenergies Breaks Ground on Middle East’s First LNG Bunkering Hub

TotalEnergies, a French energy company, and Oman’s OQ Exploration and Production have begun construction of the Marsa LNG plant at the port of Sohar, Oman…

Crude Oil

With Brazilian Oil Project Approved, BW Energy Sets Sights on Doubling Output by 2028

BW Energy, an Oslo-listed oil and gas exploration and production company, has approved the final investment decision for the Maromba field development in the Ca…