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Oil
LNG
Italy's Snam Tightens Grip on LNG Terminal as Liquefied Gas Imports Rise
Italy's gas transmission operator Snam announced on Thursday that it will acquire a 48.2% stake in the OLT Offshore LNG Toscana terminal, located off the co…
Natural Gas
Senegal Plans to Nationalise Kosmos-Run Yakaar-Teranga Gas Project
Senegal intends to nationalize the Yakaar-Teranga gas field, one of the largest discoveries globally in recent years, to prioritize supplying natural gas for do…
Natural Gas
Italy’s Eni Discovers Major Gas Reserves off Borneo in Indonesia
Italian energy company Eni announced on Tuesday that it has made a significant natural gas discovery in the Kutei Basin, approximately 50 kilometers off the eas…
Natural Gas
$1.98 Billion Chapter to ‘World-Class’ Gas Story Coming up Next off Australia
Chevron Australia has reached a final investment decision (FID) on the Gorgon Stage 3 development, committing approximately A$3 billion (US$1.98 billion) to ext…
LNG
Japan’s JERA Signs First Long-Term LNG Export Deal With India’s Torrent Power
Japan's largest power generation company, JERA, has concluded its first long-term liquefied natural gas (LNG) export agreement with India's Torrent Powe…
Oil & Gas Trade
Chevron to Join Nigeria Oil Licence Auction, Plans Rig Deployment in 2026
Chevron announced on Friday that it will take part in Nigeria's upcoming oil licensing round and intends to deploy a drilling rig in late 2026 to support fu…
Natural Gas
Equinor Makes Two Gas and Condensate Discoveries in the North Sea
Norwegian energy company Equinor (EQNR.OL) announced on Friday that it has successfully made two new discoveries of natural gas and condensate in the Norwegian …
Oil Exploration
Oil Companies in Norway to Drill 18% Fewer Exploration Wells in 2026, Survey Shows
Norwegian oil and gas companies plan to drill approximately 37 exploration wells in 2026, an 18% reduction from the 45 wells completed this year, according to a…
India
India Makes Long-Term Soyabean Purchases to Secure Cheap Supply
Indian edible oil buyers have secured substantial forward volumes of South American soyabean oil for delivery between April and July 2026, anticipating higher p…
Oil Field
New Oilfield Development Project Comes Online Offshore China
China National Offshore Oil Corporation (CNOOC) has commenced production at the Weizhou 11-4 oilfield adjustment and satellite fields development project in the…
Oil Refinery
Nigeria’s Dangote Refinery Says It Can Deliver 1.5 Billion Litres of Petrol in December
Dangote Refinery announced on Monday that it has the capacity to supply 1.5 billion litres of petrol per month. The company invited the Nigerian Midstream and D…
Crude Oil
Turkmenistan Expands Oil Production at Uzynada Field
Turkmenistan’s Türkmennebit State Concern has achieved a substantial rise in hydrocarbon production at the Uzynada oil and gas condensate field, foll…
Natural Gas
$4 Billion Deal in Hand as ADNOC Scores 20-Year Gas Supply Assignment
ADNOC Gas has signed a long-term natural gas supply agreement valued at between $3.5 billion and $4.2 billion with EMSTEEL, the UAE's leading integrated ste…
China
CZPC Receives Investment Licence for Zambia Oil Refinery
The Zambia Development Agency (ZDA) has officially issued the investment licence to China Zambia Petrochemical Corporation (CZPC), enabling the immediate start …
Crude Oil
Russia’s Rosneft Reports 70% Fall In 9-Month Net Income
Rosneft (ROSN.MM), Russia's leading oil producer, announced on Friday that its net profit for the first nine months of 2025 dropped sharply by 70% compared …
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