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Gas
Oil Refinery
BPCL Secures Land for $11 Billion Refinery Project in Southern India
India’s state-run Bharat Petroleum Corporation Limited (BPCL) will invest nearly $11 billion to construct a new refinery with a capacity of 180,000 to 240…
Oil Field
Exxonmobil Mulls Iraq Reentry With Majnoon Deal
Exxon Mobil Corp. is preparing to return to Iraq after nearly two years, with plans to sign agreements that could pave the way for exploring the country’s…
Biofuel
Indonesia on Course for B50 Biodiesel in 2026 to Lessen Gasoil Imports, Minister Says
Indonesia is advancing its plan to implement biodiesel with 50% palm oil-based biofuel, known as B50, as a mandatory blend starting in 2026. The initiative aims…
United States
Energy Vault, PG&E Complete World’s First Ultra-Long-Duration Hybrid Battery +Hydrogen Energy-Storage Microgrid
Energy Vault Holdings Inc., a provider of grid-scale energy storage solutions, and Pacific Gas and Electric Company (PG&E), a subsidiary of PG&E Corporation, an…
Oil&Gas Drilling
Equatorial Guinea to Open Its 2026 Oil and Gas Licensing Round in April
Equatorial Guinea will open a new oil and gas licensing round in April 2026 to encourage exploration and offset declining oil production, Minister of Hydrocarbo…
China
China Delivers First Large Homegrown LNG Carrier in Dalian
China recently celebrated the delivery of the SEA SPIRIT, a liquefied natural gas (LNG) carrier designed and constructed domestically, to the port of Dalian. Th…
Oil Field
Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field
Eni SpA, an Italy-based global energy company, has finalized a 30 percent stake sale of the Baleine field offshore Cote d'Ivoire to Vitol Group, reducing En…
Oil Field
Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield
Nigeria’s oil regulator has approved a $510 million agreement by TotalEnergies to sell its 12.5% interest in Oil Mining Lease (OML) 118, which contains the off…
Biofuel
Everllence Runs “World’s First” Ethanol-Fueled Two-Stroke Engine in Japan
Germany’s engine manufacturer Everllence, formerly known as MAN Energy Solutions, announced a major milestone with the successful operation of its 90-bore…
LNG
Mercuria to Supply Botaş With US-Sourced LNG Until 2045
Global energy and commodity company Mercuria has signed a long-term liquefied natural gas (LNG) purchase and sale agreement with Türkiye’s state-owne…
Natural Gas
Poland’s Gas Storage Hits 100%, Highest in EU, Minister Says
Poland's gas storage facilities have reached full capacity, with Energy Minister Miłosz Motyka announcing on Wednesday that they are now 100% full. In a po…
United Arab Emirates
AD Ports Launches Luanda Port Terminal Project, Focused on Modernization and Sustainability
AD Ports Group, based in the UAE, has partnered with Unicargas and Multiparques to commence a significant modernization and expansion project at the Noatum Port…
Oil Field
Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana
Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milest…
Crude Oil
China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec
China’s Sinopec has launched construction work to upgrade its integrated refining and petrochemical project in Xinjiang, the company announced on Saturday…
LNG
Spain-Headquartered Asterion Comes on Board France’s Largest LNG Terminal
Asterion Industrial Partners, an investment management company headquartered in Madrid, has expanded its European energy portfolio by acquiring a stake in one o…
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