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Oil
Oil Refinery
Petroecuador Declares Emergency at Ecuador’s Biggest Refinery After Fire Damages
Petroecuador, Ecuador’s state-owned oil company, announced a 60-day emergency at the Esmeraldas refinery, the country’s largest, on Thursday, follow…
Natural Gas
Natural Gas Flows to Freeport LNG Export Plant in Texas Drop Wednesday, Sources Say
On Wednesday, natural gas flows to the Freeport LNG export facility in Texas decreased, according to two sources familiar with the matter. This reduction likely…
Oil&Gas Drilling
NIDC Drilling Operations Complete 20 Wells in Two Months
The National Iranian Drilling Company (NIDC) successfully completed the drilling of 20 onshore oil and gas wells over a two-month period ending May 21, utilizin…
Oil Field
EnQuest Restarts Production at UK Field After Four-Week Hiatus
EnQuest, a London Stock Exchange-listed energy company, has resumed production at its Magnus field in the UK sector of the North Sea following a four-week pipel…
LNG
South Africa Proposes Buying US LNG as Seeks Trade Deal
South Africa has proposed importing liquefied natural gas (LNG) from the United States over a 10-year period to strengthen trade ties, according to a statement …
Oil Refinery
Ecuador’s Biggest Oil Refinery Stops Operating as Precaution Due to Fire
On Monday, a fire broke out in a fuel oil tank at Ecuador’s largest oil refinery, the Esmeraldas refinery, operated by state-owned Petroecuador. The blaze…
China
Giant FPU’s Transport Marks ‘World’s First’ for CNOOC
On May 11, 2025, China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, successfully completed a significant transport operation fo…
LNG
US Regulators Greenlight Construction of Venture Global CP2 LNG Plant in Louisiana
U.S. regulators have authorized Venture Global to begin construction of its CP2 liquefied natural gas (LNG) plant in Louisiana, according to a Federal Energy Re…
Oil Field
Iraq and China’s Geo-Jade Sign Deal for Tuba Oilfield Expansion
Iraq has entered into an agreement with a consortium led by China-based Geo-Jade Petroleum Corp and Basra Crescent to advance an integrated energy project at th…
Metal
Rosneft Acquires Tomtor Rare Earth Deposit in Russia
Rosneft, a major Russian oil company, has fully acquired Vostok Engineering, the operator of the Tomtor rare earth metal deposit in northern Yakutia, Siberia, a…
Renewable Diesel
TMD Energy Diversifies Into Waste Oil-To-Biodiesel Business
TMD Energy Limited (TMDEL), a Malaysia- and Singapore-based marine fuel bunkering services provider, has announced plans to expand into oil waste collection to …
Oil Refinery
Phillips 66’s Los Angeles Refinery Layoffs to Begin in December, Sources Say
Phillips 66 is expected to begin workforce reductions at its Los Angeles-area refinery in December, according to sources familiar with the matter. The refinery,…
Oil Refinery
Phillips 66’s Los Angeles Refinery Layoffs to Begin in December, Sources Say
Phillips 66 is expected to begin workforce reductions at its Los Angeles-area refinery in December, according to sources familiar with the matter. The refinery,…
Crude Oil
U.S. Says There Are Significant Undiscovered Oil and Gas Resources in Wyoming
On May 21, 2025, the U.S. Interior Department announced a federal assessment by the U.S. Geological Survey (USGS) identifying substantial undiscovered, technica…
CCS
China’s First Offshore Carbon Capture, Utilization and Storage Project Put Into Operation
China’s first offshore carbon capture, utilization, and storage (CCUS) project has officially commenced operations in the Pearl River Mouth Basin, accordi…
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