Oil

Oil Exploration
Iraq Signs Agreement With Chevron on Oil Exploration Projects, Prime Minister Says
On August 19, 2025, in Baghdad, Iraq, the Iraqi Oil Ministry finalized an agreement in principle with U.S.-based Chevron for the Nassiriya oil project, as annou…
LNG
Gas Demand at Two of the Top US LNG Plants Declines
On Monday, two major liquefied natural gas (LNG) export facilities in the United States experienced significant reductions in natural gas demand, indicating pot…
Kazakhstan
Record Sunflower Oil Production in Kazakhstan
Kazakhstan’s oil mills produced 526,000 tons of unrefined sunflower oil during the first eleven months of the 2024/2025 marketing year (September to July)…
Crude Oil
China Still Storing Crude Oil Even as Refinery Runs Rise
In July 2025, China’s refineries increased processing rates but maintained a crude oil surplus of 530,000 barrels per day (bpd), driven by robust imports …
SAF
Indian Oil to Start SAF Production in December
Indian Oil Corporation has established a sustainable aviation fuel (SAF) production unit at its refinery in Panipat, Haryana, with an annual capacity of 35,000 …
Oil Shale
China Marks Major Milestone in Exploration With Discovery of Deep Shale Gas Field
China has achieved a key milestone in shale gas exploration with the discovery of a large-scale deep shale gas field in its southwestern region, with proven res…
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…

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Oil

Iraq Signs Agreement With Chevron on Oil Exploration Projects, Prime Minister Says

Gas Demand at Two of the Top US LNG Plants Declines

Record Sunflower Oil Production in Kazakhstan

China Still Storing Crude Oil Even as Refinery Runs Rise

Indian Oil to Start SAF Production in December

China Marks Major Milestone in Exploration With Discovery of Deep Shale Gas Field

Centrica Getting a Decade’s Worth of US LNG

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

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

Indonesia’s Pertamina Delivers First Used Cooking Oil Aviation Fuel

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

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

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

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

Norway’s Northernmost Oil Field Formally Inaugurated