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Oil
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…
Crude Oil
Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows
Mexican state oil company Pemex significantly increased its crude oil exports to Cuba in 2024, boosting shipments by nearly 20%, according to a company filing r…
Crude Oil
Norway Parliament Orders Restart to Frontier Oil and Gas Exploration Licensing
On Tuesday, the Norwegian parliament directed the Labour minority government to initiate a new licensing round for oil and gas exploration in frontier areas, pa…
United States
Dow Finalizes Sale of Soil Fumigation Product Line
Dow, headquartered in Midland, Michigan, has finalized the sale of its Telone soil fumigation product to TriCal Soil Solutions, Inc., a prominent distributor an…
Oil Field
BW Energy Greenlights Maromba Field Development, Offshore Brazil
BW Energy has finalized its investment decision for the Maromba field development offshore Brazil, located 100 km off the coast in the Campos Basin. The project…
Renewable Diesel
Imperial Oil: Renewable Diesel Project to Begin Operations Mid-Year
Imperial Oil Ltd., a Canada-based energy company, announced on May 2 that construction of its renewable diesel facility at the Strathcona refinery near Edmonton…
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