Oil

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 …

Oil Field

UK Eases North Sea Oil and Gas Licensing for Existing Fields

The UK Government has adjusted its North Sea oil and gas licensing policy in the latest Budget, allowing new production licences where activities are tied to ex…

China

China Exported a Record Amount of Soybean Oil in October

China exported a record 70,877 tonnes of soybean oil in October, primarily to India, according to industry data. Cumulative exports from January to October 2025…

LNG

Venture Global, Tokyo Gas Sign 20-Year LNG Supply Deal

Venture Global announced on Tuesday that it has entered into a 20-year sales and purchase agreement with Tokyo Gas, Japan’s leading city gas supplier. Und…

LNG

Canada’s First Large-Scale Export Project Sends off Another LNG Cargo

LNG Canada, a joint venture comprising Shell, Petronas, PetroChina, KOGAS, and Mitsubishi Corporation, has achieved another key milestone at its large-scale LNG…

Oil Field

Ithaca Signs Farm-in Agreement With Shell for Tobermory Discovery in UK

Ithaca Energy, a UK-based oil and gas operator, has entered into a farm-in agreement with Shell UK. The agreement grants Ithaca Energy a 50% working interest in…

Natural Gas

Equinor Signs 10-Year Deal to Deliver Gas to the Czech Republic

Equinor, the Norway-based energy company, announced on Friday that it has entered into a 10-year agreement to supply natural gas to Pražská plyná…

Kazakhstan

Kazakhstan Poultry Industry Expansion Takes Off

Kazakhstan has significantly advanced its goal of achieving full self-sufficiency in poultry meat, with the domestic production rate for broiler meat reaching 8…

Indonesia

POSCO International to Invest $862 Mln in Indonesian Palm Oil Business

POSCO International has completed a $862 million investment program to establish a fully integrated palm oil value chain in Indonesia, covering plantations, cru…

Crude Oil

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…

Natural Gas

Egypt Selects Hartree Partners for $4 Billion Natural Gas Deal, Deputy Secretary of State Landau Says

Egypt has chosen U.S.-based energy company Hartree Partners to supply natural gas under a framework agreement valued at approximately $4 billion, U.S. Deputy Se…

Natural Gas

ConocoPhillips Says It Finds Gas Offshore Australia

ConocoPhillips, a major energy company listed as COP.N, announced on Monday that it has encountered natural gas deposits during its initial exploration efforts …

Crude Oil

Chevron, Phillips 66, Total Win India’s First Tender to Buy US LPG

Indian state refiners have jointly awarded their first long-term tenders to Chevron, Phillips 66, and TotalEnergies Trading SA to import U.S. liquefied petroleu…