Gas

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…

China

Chinese Duo to Develop Brand-New 20,000 Cbm LNG Bunkering Vessel

China’s Dalian Shipbuilding Offshore Co. (DSOC) has partnered with Zhongnen Fuel Injection Technology to construct a 20,000 cubic meters (cbm) liquefied n…

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…

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…

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…

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…

Japan

Asahi Kasei Demonstrates Biomethane Production Using Novel Biogas Purification System

Asahi Kasei Corporation, based in Tokyo, Japan, completed a demonstration trial of an innovative biogas purification system at the Kojima Sewage Treatment Plant…

South Korea

SK Telecom Debuts New GPU Cluster to Boost AI in Korea

SK Telecom launched one of South Korea’s largest GPU-as-a-Service (GPUaaS) platforms, named Haein, at its Gasan AI Data Centre (AIDC) in Seoul. Powered by…

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…

Oil Refinery

India’s Biggest Refiner Buys US, Middle East Crude as Trump Slams Russia Purchases

Indian Oil Corporation (IOC), India's largest refiner, has secured 7 million barrels of crude oil from the United States, Canada, and the Middle East for Se…

RNG

Ameresco and Republic Services Launch Another RNG Facility in Illinois

On July 29, 2025, Ameresco Inc., a prominent energy solutions provider, announced the successful commercial operation of a renewable natural gas (RNG) facility …

Oil Field

CNOOC Achieves New Gas Startup in South China Sea

CNOOC Ltd., a subsidiary of China National Offshore Oil Corp., has commenced production at the Dongfang 1-1 Gas Field 13-3 Block Development Project in the Ying…

Oil&Gas Drilling

China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market

China's independent oil companies are significantly increasing their investments in Iraq, a major OPEC producer, with plans to double their output to 500,00…