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Oil
RNG
City of Hastings Nebraska Approves 25-Year RNG Agreement With Newcarbon
NewCarbon has entered a 25-year partnership with Hastings, Nebraska, to transform methane emissions from the Hastings Sanitary Landfill into renewable natural g…
Ukraine
Ukrainian Company Plans Egg Gigafarm
Oliyar, a leading Ukrainian oil and fat manufacturer, has announced plans to construct a farm for 2.3 million laying hens in the Shchyretskaya neighborhood of t…
Crude Oil
Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows
Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …
Natural Gas
Turkey Finds New Natural Gas Reserve in Black Sea, Erdogan Says
On Saturday, President Tayyip Erdogan announced the discovery of a 75 billion cubic meter (bcm) natural gas reserve in the Black Sea, uncovered during drilling …
LNG
Italy’s Edison Welcomes Inaugural LNG Cargo From Louisiana Plant
Italian energy company Edison has successfully received its first liquefied natural gas (LNG) shipment from the Calcasieu Pass facility in Cameron Parish, Louis…
Oil Pipeline
Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says
An environmental rights group reported a rupture in Nigeria’s Trans Niger Pipeline, a vital channel for transporting crude oil from onshore fields to the …
Crude Oil
Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures
Chevron Corp, a U.S. oil company, along with several European firms, is engaging with the U.S. administration to secure permissions to maintain their stakes in …
Oil Field
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…
Natural Gas
EIA Expects USA Gasoline Price to Drop In 2025 and 2026
The U.S. Energy Information Administration (EIA) has released its latest short-term energy outlook (STEO) on May 6, forecasting a decline in U.S. regular gasoli…
LNG
Germany’s Next LNG Terminal Chapter Nearly All-Set to Go Live
In Wilhelmshaven, Germany, the state-owned Deutsche Energy Terminal (DET), under the Federal Ministry for Economic Affairs and Climate Action, is preparing to l…
Oil Field
Gulf of Thailand Oil Field Revamp Gets Green Light
Valeura Energy has approved redevelopment of its 100%-owned Wassana field in license G10/48, Gulf of Thailand, with a new central processing platform (CPP). The…
Oil Price
US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear
U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns a…
LNG
Venture Global Urges FERC to Reaffirm Approval for Louisiana LNG Project
Venture Global, a U.S. liquefied natural gas (LNG) company, is seeking approval from the Federal Energy Regulatory Commission (FERC) to proceed with the constru…
Oil Field
Murphy Discovers More Oil in Cuu Long Basin Offshore Vietnam
Murphy Oil Corp. has announced a significant oil discovery in Block 15-1/05, located in the Cuu Long Basin offshore Vietnam. The exploration well Lac Da Hong-1X…
Biofuel
USDA: May WASDE Predicts Soybean Oil Use in Biofuel Will Expand for 2025-‘26
The U.S. Department of Agriculture (USDA) released its World Agricultural Supply and Demand Estimates report on May 12, 2025, adjusting its forecast for U.S. so…
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