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Oil
Metal
Angola’s First Major Copper Mine Starts Production
Angola’s first large-scale copper mine, the Tetelo project, will soon begin production as part of the country’s plan to expand beyond oil and develo…
Oil Refinery
Russia Ships First Oil to New Refinery in Georgia
Russian oil producer Russneft (RNFT.MM) has delivered its first oil cargo to Georgia’s newly constructed Kulevi oil refinery this month, according to LSEG…
LNG
Venture Global Ready to Introduce Natural Gas Into Final Part of Plaquemines LNG Plant
Venture Global (VG.N) has requested authorization from the Federal Energy Regulatory Commission (FERC) to begin introducing natural gas by Thursday into the fin…
Nuclear Fusion
World’s Largest Toroidal Field Coil Box Delivered
A delivery ceremony was held for the toroidal field magnet coil box at the Comprehensive Research Facility for Fusion Technology (CRAFT) in Hefei, China. The co…
Oil Field
McDermott Finishes Debut Subsea Project in Angola for TotalEnergies
U.S. offshore engineering and construction company McDermott has completed its first subsea project in Angola, working with TotalEnergies on the Begonia field d…
Oil Field
Equinor Starts Production in Bacalhau Offshore Brazil
Equinor ASA, along with its partners, has initiated production at the Bacalhau field in Brazil's offshore Santos Basin. The Norwegian energy company, majori…
Oil Refinery
Indian-Backed Oil Refinery in Mongolia Should Begin Operations in 2028, India Says
An Indian-supported oil refinery project in Mongolia is expected to begin operations in 2028, according to India’s Ministry of External Affairs on Tuesday…
Germany
Germany’s 2025 Soybean Harvest Hits Record High
Germany's soybean production is set to achieve a modest increase in 2025, despite a reduction in average yields, according to insights from the German Union…
Crude Oil
First Oil Flows From Offshore Project in Southeast Asia Ahead of Schedule
Vietsovpetro, the Vietnam–Russia joint venture between PetroVietnam and Zarubezhneft, has achieved first oil production from the BK-24 wellhead platform a…
Oil & Gas Trade
Algeria Signs $5.4 Billion Oil and Gas Deal With Saudi Firm Midad Energy
Algeria’s state-owned energy company Sonatrach announced on Monday that it has signed a production-sharing contract worth approximately $5.4 billion with …
LNG
Argentina’s YPF, ENI Finalize Vaca Muerta LNG Deal
Italy’s Eni and Argentina’s state-controlled energy company YPF announced on Friday that they have finalized an engineering agreement for a major liquefied na…
Electrification
Equinor Drops Offshore Electrification Plans Over Rising Costs
Equinor announced on Friday that it has decided to cancel plans to reduce greenhouse gas emissions by linking several offshore oil and gas platforms to Norway&r…
Oil Refinery
BPCL Secures Land for $11 Billion Refinery Project in Southern India
India’s state-run Bharat Petroleum Corporation Limited (BPCL) will invest nearly $11 billion to construct a new refinery with a capacity of 180,000 to 240…
Brazil
Brazil’s Petrobras Set to Supply 20% of Country’s Demand for Nitrogen Fertilizers in 2026
Brazil’s state-controlled oil company Petrobras announced that it will be able to supply about 20% of the nation’s nitrogen fertilizer demand next y…
Oil Field
Exxonmobil Mulls Iraq Reentry With Majnoon Deal
Exxon Mobil Corp. is preparing to return to Iraq after nearly two years, with plans to sign agreements that could pave the way for exploring the country’s…
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