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Oil
Oil&Gas Drilling
Equatorial Guinea Launching New Oil & Gas Licensing Round After Six Years
Equatorial Guinea’s Ministry of Mines and Hydrocarbons is set to launch a new oil and gas licensing round to up the country’s offshore exploration a…
Oil&Gas Drilling
BP Books Singapore Firm for Another Gulf of America-Bound Floating Production Unit
Rendering of BP's Kaskida offshore platform in the Gulf of MexicoSingapore-headquartered provider of offshore, marine, and energy solutions Seatrium has sec…
Crude Oil
EIA Confirms Turkmenistan’s Rising Oil Reserves
Turkmenistan continues to strengthen its position as a key energy producer, with proven oil reserves reaching 600 million barrels as of January 1, 2025, accordi…
LNG
FSRU Gig at One of Germany’s LNG Terminals Cut Short Over Pricing Issues
FSRU Energos Power;Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has pulled the plug on a charter deal for one of t…
Oil&Gas Drilling
26 Offshore Blocks up for Grabs in Trinidad and Tobago’s 2025 Deepwater Oil & Gas Bid Round
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes);With the need to ensure energy independence in mind, the government of Trinida…
Offshore Wind Power
Government Pledges Extra £200M for Offshore Wind in Oil and Gas Communities
A floating wind turbine, similar to those that will make up the Green Volt development.The UK government has announced an initiative to deliver up to £200…
Crude Oil
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by…
Crude Oil
Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises
An Exxon gas station seen in Washington, U.S., November 26, 2024.A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for it…
Natural Gas
Validus Energy to Buy Natural Gas Producer 89 Energy III for $850 Million, Sources Say
Privately owned U.S. oil and gas producer Validus Energy has struck a deal to buy rival 89 Energy III for about $850 million, including debt, sources familiar w…
Oil Field
East Baghdad Oil Field Reserves Rise to 15 Billion Barrels
Workers adjusting valves in an oil facility in Iraq.The East Baghdad field, one of the most important oil fields in Iraq, recently had a massive find that incre…
Oil Refinery
Aramco’s Motiva Expands Texas Refinery to Become Largest in US
Motiva Enterprises has quietly expanded its Port Arthur, Texas, refinery to become the largest fuelmaking plant in the US.The refinery can now process as much a…
LNG
India Gas Demand to Surge by 2030, Doubling LNG Imports, Says IEA
A view of a cryogenic tank mounted on a Blue Energy 5528 liquefied natural gas (LNG) truck at the manufacturing facility in Pune, India October 11, 2024.India…
Natural Gas
Sapphire Technologies and Tulip Compression Partner to Advance Hydrogen and Natural Gas Energy Solutions in India
Sapphire Technologies and Tulip Compression partner to advance clean energy and efficiency in India.Sapphire Technologies, a leader in energy recovery systems f…
Crude Oil
China National Petroleum Resumes Crude Production in South Sudan
Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said.Th…
Crude Oil
Libya’s NOC Unveils Self-Reliance
Strategic shift focuses on homegrown technologiesThe National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil pr…
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