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Oil
LNG
Malaysia’s Petronas Signs LNG Supply Deal With China’s CNOOC
Malaysian state-owned energy company Petroliam Nasional Berhad (Petronas) announced on Wednesday that it will supply Chinese offshore oil and gas company CNOOC …
Oil&Gas Drilling
Norway’s November Oil and Gas Production Beats Forecast
Norway's combined oil and gas production in November exceeded the official forecast by 0.9%, according to preliminary data released by the Norwegian Offshor…
Crude Oil
China’s Largest Offshore Oilfield Reports Record Annual Oil, Gas Output
China National Offshore Oil Corporation (CNOOC) announced on December 21, 2025, that the Bohai Oilfield, the country's largest offshore oil and gas producti…
Oil Shale
Japanese Company Buys U.S. Shale Assets for $1.3 Billion
Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale oil and gas producer Verdad Resources Intermediate Holdings for $1.3 billion. The trans…
Canada
Mantel Scales up Molten-Borate Carbon Capture With Commercial-Scale FEED Study
Mantel Capture, a specialist in energy-efficient carbon capture solutions, has launched a front-end engineering design (FEED) study for a commercial-scale carbo…
Oil & Gas Trade
Carlyle Hires Goldman Sachs for Lukoil Asset Bid
U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…
LNG
Chevron to Supply Hungary With 2 Billion Cubic Metres of LNG, Minister Says
Hungary's state-owned energy company MVM has entered into a five-year agreement with U.S. energy firm Chevron for the delivery of liquefied natural gas tota…
Canada
Canada Unveils New Rules to Lower Oil and Gas Methane Emissions
Canada released new regulations on December 16, 2025, designed to significantly lower methane emissions from its oil and gas industry.These measures set a cours…
Photovoltaic （PV）
Petrobras Enters Brazil Solar Energy Segment in Deal for 49.99% of Lightsource BP Subsidiaries
Brazil's state-run oil company Petrobras has entered into an agreement to purchase a 49.99% stake in the Brazilian subsidiaries of Lightsource bp, as announ…
Gas Pipeline
Uniper to Launch Sale of 20% Stake in Opal Gas Pipeline
Uniper has initiated the process to divest its 20% stake in the regulated OPAL gas pipeline, in line with the European Commission's state aid approval decis…
LNG
Italy's Snam Tightens Grip on LNG Terminal as Liquefied Gas Imports Rise
Italy's gas transmission operator Snam announced on Thursday that it will acquire a 48.2% stake in the OLT Offshore LNG Toscana terminal, located off the co…
Natural Gas
Senegal Plans to Nationalise Kosmos-Run Yakaar-Teranga Gas Project
Senegal intends to nationalize the Yakaar-Teranga gas field, one of the largest discoveries globally in recent years, to prioritize supplying natural gas for do…
Natural Gas
Italy’s Eni Discovers Major Gas Reserves off Borneo in Indonesia
Italian energy company Eni announced on Tuesday that it has made a significant natural gas discovery in the Kutei Basin, approximately 50 kilometers off the eas…
Natural Gas
$1.98 Billion Chapter to ‘World-Class’ Gas Story Coming up Next off Australia
Chevron Australia has reached a final investment decision (FID) on the Gorgon Stage 3 development, committing approximately A$3 billion (US$1.98 billion) to ext…
LNG
Japan’s JERA Signs First Long-Term LNG Export Deal With India’s Torrent Power
Japan's largest power generation company, JERA, has concluded its first long-term liquefied natural gas (LNG) export agreement with India's Torrent Powe…
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