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Oil
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…
Oil & Gas Trade
Chevron to Join Nigeria Oil Licence Auction, Plans Rig Deployment in 2026
Chevron announced on Friday that it will take part in Nigeria's upcoming oil licensing round and intends to deploy a drilling rig in late 2026 to support fu…
Natural Gas
Equinor Makes Two Gas and Condensate Discoveries in the North Sea
Norwegian energy company Equinor (EQNR.OL) announced on Friday that it has successfully made two new discoveries of natural gas and condensate in the Norwegian …
Oil Exploration
Oil Companies in Norway to Drill 18% Fewer Exploration Wells in 2026, Survey Shows
Norwegian oil and gas companies plan to drill approximately 37 exploration wells in 2026, an 18% reduction from the 45 wells completed this year, according to a…
India
India Makes Long-Term Soyabean Purchases to Secure Cheap Supply
Indian edible oil buyers have secured substantial forward volumes of South American soyabean oil for delivery between April and July 2026, anticipating higher p…
Oil Field
New Oilfield Development Project Comes Online Offshore China
China National Offshore Oil Corporation (CNOOC) has commenced production at the Weizhou 11-4 oilfield adjustment and satellite fields development project in the…
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