Oil

Crude Oil
Orlen Signs 12-Month Deal With Equinor for Supply of 15% Oil It Uses
Polish refiner Orlen has entered into a one-year agreement with Equinor, a Norwegian energy company, to supply over 6 million tons of crude oil. This contract, …
Canada
Canada Plans to Increase Canola Processing Capacity by 2 Mln Tons
Canada is set to increase its canola processing capacity by approximately 2 million tons, reaching 15 million tons in the 2025/26 season, according to a report …
Natural Gas
JEA Board Approves $1.57bn Natural Gas Facility in Jacksonville, US
The board of Jacksonville Electric Authority (JEA), a municipal utility in Florida, has unanimously approved a $1.57 billion plan to build a combined cycle natu…
Nuclear Power Plant (NPP)
Polish Oil Company Orlen to Build Small Nuclear Power
On August 28, 2025, Polish oil company Orlen announced plans to construct the country’s first small modular nuclear reactor (SMR) in Wloclawek, a town in …
Natural Gas
Exxon Sees Natural Gas Demand Surging in Outlook to 2050
Exxon Mobil, a leading U.S. oil producer, announced on August 28, 2025, that global natural gas demand is expected to increase by over 20% by 2050 compared to 2…
Oil Field
New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037
OMV New Zealand, a subsidiary of Austria’s OMV, has been granted a 10-year extension of its petroleum mining permit (PMP) 38160 for the Maari oil field, l…
LNG
EQT to Buy LNG From Sempra’s Port Arthur Phase 2 Project
On August 27, 2025, Sempra, a U.S. energy company, announced that its subsidiary will supply 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to…
Oil and Gas Equipment
PetroChina Proposes to Buy Gas Facilities From CNPC in $5.59 Billion Deal
On August 26, 2025, PetroChina (601857.SS) announced a plan to acquire three natural gas storage facilities from its majority shareholder, China National Petrol…
Oil Shale
Crescent Energy Nears Deal for US Shale Peer Vital Energy, Sources Say
Crescent Energy, a U.S. energy company, is in advanced discussions to acquire Vital Energy, a smaller firm, sources familiar with the matter reported on Friday,…
Biofuel
US EPA Approves Biofuel Waivers for Small Refiners, Stirring Concerns Over Demand
On Friday, the U.S. Environmental Protection Agency (EPA) cleared most of its backlog of exemption requests from small oil refineries under the Renewable Fuel S…
LNG
ConocoPhillips to Buy LNG From Sempra’s Port Arthur Phase 2 Project
ConocoPhillips announced on Thursday it will secure 4 million tonnes per annum of LNG from Sempra’s Port Arthur LNG Phase 2 project in Jefferson County, T…
Oil Refinery
Indiana’s BP Refinery Restarts After Severe Flooding
BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, the largest in the U.S. Midwest, began restarting operations on August 20, 2025, following disru…
Oil Exploration
Iraq Signs Agreement With Chevron on Oil Exploration Projects, Prime Minister Says
On August 19, 2025, in Baghdad, Iraq, the Iraqi Oil Ministry finalized an agreement in principle with U.S.-based Chevron for the Nassiriya oil project, as annou…
LNG
Gas Demand at Two of the Top US LNG Plants Declines
On Monday, two major liquefied natural gas (LNG) export facilities in the United States experienced significant reductions in natural gas demand, indicating pot…
Kazakhstan
Record Sunflower Oil Production in Kazakhstan
Kazakhstan’s oil mills produced 526,000 tons of unrefined sunflower oil during the first eleven months of the 2024/2025 marketing year (September to July)…

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Oil

Orlen Signs 12-Month Deal With Equinor for Supply of 15% Oil It Uses

Canada Plans to Increase Canola Processing Capacity by 2 Mln Tons

JEA Board Approves $1.57bn Natural Gas Facility in Jacksonville, US

Polish Oil Company Orlen to Build Small Nuclear Power

Exxon Sees Natural Gas Demand Surging in Outlook to 2050

New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037

EQT to Buy LNG From Sempra’s Port Arthur Phase 2 Project

PetroChina Proposes to Buy Gas Facilities From CNPC in $5.59 Billion Deal

Crescent Energy Nears Deal for US Shale Peer Vital Energy, Sources Say

US EPA Approves Biofuel Waivers for Small Refiners, Stirring Concerns Over Demand

ConocoPhillips to Buy LNG From Sempra’s Port Arthur Phase 2 Project

Indiana’s BP Refinery Restarts After Severe Flooding

Iraq Signs Agreement With Chevron on Oil Exploration Projects, Prime Minister Says

Gas Demand at Two of the Top US LNG Plants Declines

Record Sunflower Oil Production in Kazakhstan