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Gas
Oil Field
New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037
OMV New Zealand, a subsidiary of Austria’s OMV, has been granted a 10-year extension of its petroleum mining permit (PMP) 38160 for the Maari oil field, l…
LNG
EQT to Buy LNG From Sempra’s Port Arthur Phase 2 Project
On August 27, 2025, Sempra, a U.S. energy company, announced that its subsidiary will supply 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to…
Gas power plant
India Explores Using Costly Gas-Fired Power to Meet Peak Demand
On Tuesday, an adviser to India’s power ministry announced that the country is exploring the use of gas-fired power plants exclusively during the peak ele…
Oil and Gas Equipment
PetroChina Proposes to Buy Gas Facilities From CNPC in $5.59 Billion Deal
On August 26, 2025, PetroChina (601857.SS) announced a plan to acquire three natural gas storage facilities from its majority shareholder, China National Petrol…
Oil Shale
Crescent Energy Nears Deal for US Shale Peer Vital Energy, Sources Say
Crescent Energy, a U.S. energy company, is in advanced discussions to acquire Vital Energy, a smaller firm, sources familiar with the matter reported on Friday,…
Power Construction
Pacifico Energy Unveils Off-Grid Project for AI Data Centres
Pacifico Energy is developing the GW Ranch project in Pecos County, Texas, an off-grid power facility to support data centers and AI operations, targeting 5 GW …
LNG
ConocoPhillips to Buy LNG From Sempra’s Port Arthur Phase 2 Project
ConocoPhillips announced on Thursday it will secure 4 million tonnes per annum of LNG from Sempra’s Port Arthur LNG Phase 2 project in Jefferson County, T…
Gas power plant
Shell-FOCOL JV Books Nikkiso for Its LNG-To-Power Project in Bahamas
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG), a subsidiary of Japan’s Nikkiso, has been contracted by New Providence Gas (NPG), a joint v…
Oil Refinery
Indiana’s BP Refinery Restarts After Severe Flooding
BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, the largest in the U.S. Midwest, began restarting operations on August 20, 2025, following disru…
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…
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 …
Green Hydrogen
Torrent Power Inaugurates Largest Green Hydrogen Plant in Uttar Pradesh
Torrent Power Limited, in partnership with Torrent Gas, has launched a Green Hydrogen Plant in Gorakhpur, Uttar Pradesh, with the inauguration led by Chief Mini…
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.…
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