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Gas
Oil Field
Oil Uplift Coming up Next on Brazilian Field’s Horizon
BW Energy, listed on the Oslo Stock Exchange, has confirmed a final investment decision for the Golfinho Boost project in the Espírito Santo Basin, offsh…
Hydrogen Project
EnBW Commissions Hydrogen-Ready Power Plant in Stuttgart, Germany
EnBW has launched a hydrogen-ready gas turbine power plant at Stuttgart-Münster, advancing its efforts to reduce carbon emissions and ensure grid reliabili…
Oil Price
JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output
JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 202…
Oil Field
BP Makes New Oil Discovery off US Gulf Coast
On Monday, BP announced a new oil discovery in the Far South field, located in the U.S. Gulf of Mexico. The exploration well, drilled in Green Canyon Block 584,…
Power Construction
Singapore Explores Grid Upgrades to Support Clean Energy
Singapore is intensifying efforts to enhance its power grid and broaden its energy mix, aiming for net-zero emissions by 2050. Natural gas, which currently gene…
Crude Oil
Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada
Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydmins…
Oil Refinery
Sinopec, Aramco Sign Agreement for Yanbu Refinery Expansion in Saudi Arabia
China Petroleum & Chemical Corporation (Sinopec) and Saudi Arabian Oil Company (Aramco) have signed an agreement to expand the Yanbu Refinery in Saudi Arabia&rs…
Oil&Gas Drilling
Transocean Equinox Rig Arrives to Embark On Otway Basin Exploration
The Transocean Equinox rig has reached the Otway Basin, advancing the Otway Exploration Drilling Programme (OEDP) set for 2025. This initiative, led by ConocoPh…
Oil Pipeline
Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks
Oando Plc, a Nigerian oil producer, reported three incidents targeting its pipelines in Bayelsa state, southern Nigeria, over the past week. The company announc…
Crude Oil
China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
China's crude oil imports in March reached 51.41 million metric tons, equivalent to 12.1 million barrels per day (bpd), according to data released by the Ge…
Crude Oil
Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say
Chevron Corp. has been directed to return nearly 1 million barrels of oil to Venezuela’s state-owned company, Petroleos de Venezuela SA (PDVSA), affecting…
Oil Shale
Shale Drillers Idle U.S. Rigs at Fastest Pace in Almost Two Years
U.S. shale drilling activity slowed significantly this week, marking the steepest decline in nearly two years, as global trade uncertainties weigh on energy dem…
RNG
Montauk Renewables and American Environmental Landfill Break Ground on Tulsa RNG Project
On April 9, Montauk Renewables Inc. announced that its subsidiary, Tulsa LFG LLC, began construction on a renewable natural gas (RNG) project at the American En…
Gas Pipeline
TC Energy Rules Out Sale of Canadian Mainline Pipeline
TC Energy Corp.’s Chief Executive Officer, Francois Poirier, has confirmed that the company will not sell its Canadian Mainline natural gas pipeline, a vi…
Oil Field
CNOOC Brings On-Stream Wenchang 9-7 Oilfield Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Wenchang 9-7 Oilfield Development Project has…
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