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Oil
Crude Oil
China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
China, the world’s largest crude oil importer, reported a slight increase in imports for the first four months of 2025, reaching 11.83 million barrels per…
Crude Oil
Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say
Oman is exploring the sale of a minority stake in natural gas assets within Block 6, valued at approximately $8 billion, to raise funds for state finances and s…
Crude Oil
Petrobras Enriches Brazilian Offshore Reserves With ‘High-Quality’ Oil Find
Brazilian state-owned energy company Petrobras has announced a new oil discovery in the pre-salt Santos Basin, located off Brazil’s southeastern coast. Th…
Crude Oil
Kazakhstan Says It Has No Plans to Cut Oil Production This Month
Kazakhstan’s Energy Ministry, based in Astana, has announced that the country will maintain its oil production at an average of 277,000 metric tons of cru…
LNG
Canada’s Multi-Billion LNG Project Seeks Permit for New Floatel to Create 900 More Jobs
Woodfibre Management, a Vancouver-based Canadian company, is preparing to seek regulatory approval for a second floating workforce accommodation unit, or floate…
Oil Field
Mexico’s Pemex Aims to Reopen Wells to Boost Falling Oil Output, Documents and Sources Say
Mexico’s state energy company, Pemex, is planning to reactivate closed wells to increase oil production, according to internal documents and four sources famil…
Brazil
Yara Launches High-Tech Fertilizer Yarabasa Turbo in Brazil
At the 30th Agrishow in Brazil, covered by AgroPages, Yara, a global leader in plant nutrition, launched YaraBasa TURBO, a new high-tech fertilizer in its YaraB…
FLNG
Dutch-UAE Duo Teams up on Perenco’s FLNG Project in Gabon
Technomak, a UAE-based engineering and construction firm, has signed an engineering, procurement, construction, commissioning, and integration (EPCCI) agreement…
Natural Gas
Singapore Centralises Power Sector’s Natural Gas Procurement and Supply
Singapore has established Singapore GasCo, a new government-owned entity tasked with centralizing the procurement and supply of natural gas for the city-state&r…
FLNG
Samsung Heavy’s Deepwater FLNG Design Wins Triple Blessing
Samsung Heavy Industries (SHI), based in South Korea, has secured approvals in principle (AiP) for its multi-purpose LNG floater-offshore (MLF-O) standard model…
Natural Gas
Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices
Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …
Oil Price
Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…
Crude Oil
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…
Kazakhstan
Chinese Company’s Expansion, Upgrade Project of Kazakhstan Asphalt Plant Enters Production
On Monday, a ceremony marked the completion of the expansion and upgrade of the Caspian Asphalt Plant in Aktau, western Kazakhstan. The project, executed by Chi…
Natural Gas
Permitting Starts for Netherlands’ Third LNG Terminal
Dutch energy infrastructure company VTTI and Norwegian LNG carrier and floating storage and regasification unit operator Höegh Evi have initiated the permi…
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