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Gas
Standard Bank Backs $285M Acquisition in Nigeria’s Gas Sector
Standard Bank has arranged a $285 million structured financing package to enable BlueCore Gas InfraCo to acquire Glover Gas & Power, the sole owner of Axxela &n…
Indonesia to launch six downstream projects in January, including coal gasification
The government has confirmed that six downstream industrial projects are scheduled to break ground in January 2026, including a coal gasification project that w…
Shell Invests in Water Injection Project for Kaikias Field in US Gulf of Mexico
Shell announced that its subsidiary, Shell Offshore Inc., has decided to invest in a water injection project for the Kaikias field in the US Gulf of Mexico.It i…
BP Agrees to Sell 65% Stake in Castrol for $10 Billion
Recently, BP announced that it has reached an agreement with Stonepeak to sell a 65% stake in Castrol to Stonepeak for $10 billion.BP stated that upon completio…
Contract Signed for New Subsea Pipeline Construction at Turkey's Sakarya Gas Field
Italian energy engineering company Saipem has recently signed a new contract worth approximately $425 million with the Turkish Petroleum Offshore Technology Cen…
Harbour Energy to operate Zama oil project in Mexico
The Zama partners, encompassing Pemex, Grupo Carso, and Talos Energy, agreed to the appointment.UK based independent oil and gas company Harbour Energy has been…
Chevron produces first oil at South N’dola platform in Angola
Chevron produced its initial oil at its South N’dola offshore platform in Angola, a major step reached slightly more than two years after construction com…
Vietnam oil & gas firms post record profits in 2025
Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of the Dung Quat oil refinery, said output was estimated at nearly 7.91 million tons, with revenue…
Türkiye to launch offshore oil and gas exploration off Somalia
Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices…
Photovoltaic (PV)
DCAS Announces City Has Reached Lowest Carbon Emissions in 20 Years
Today, the New York City Department of Citywide Administrative Services (DCAS) released the city’s latest Executive Order 89 (EO89) Progress Report, documentin…
Oil&Gas Drilling
Turkey Seeks Agreement With Syria on Offshore Energy E&P
Turkey is planning to reach an agreement with the new government of Syria on maritime cooperation and offshore E&P, the nation's minister of energy said in …
Oil&Gas Drilling
UAE Shipyard Welcomes Saudi Arabian Drilling Rig for Maintenance Operations
Abu Dhabi-headquartered Marine Oilfield Integrated Solutions has confirmed that a jack-up drilling rig owned by Saudi Arabia's Arabian Drilling has arrived …
Crude Oil
CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons
On December 30, CNOOC announced that the cumulative oil and gas equivalent production of its offshore gas field cluster around Hainan Island in 2025 has exceede…
Crude Oil
Egyptian Petroleum Minister Inspects First Exploration Well Operations at New Oil Field in Gulf of Suez
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, recently visited the Gulf of Suez region to inspect the drilling progress of Well No. 133…
Natural Gas
Egypt and Lebanon Sign Memorandum of Understanding on Natural Gas Supply
Officials from Egypt and Lebanon signed a memorandum of understanding in Beirut on December 29, aimed at facilitating the supply of Egyptian natural gas to Leba…
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