Oil

China

China and Turkmenistan sign deal to build phase four of Galkynysh gas field

Turkmenistan's state gas company and China's CNPC signed a deal on April 16 to build the fourth ​phase of Turkmenistan's Galkynysh gas field, which…

South Korea

Hyundai Electric builds Korea’s largest eco-friendly transformer

The HD Hyundai subsidiary said on April 16 the accomplished product will head to a substation in the United Kingdom operated by National Grid, a local utility c…

Greece

ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years

U.S. oil major ExxonMobil, Energean and Helleniq Energy will sign ​a contract on April 14 with ‌Stena Drilling to start exploratory drilling in a western Gree…

Botswana

Botswana signs energy and mineral exploration deals with Oman

Botswana's president has clinched multiple ​agreements with Oman, including on mineral exploration, oil storage infrastructure and renewable ‌power, d…

Venezuela

Chevron agrees to asset swap in Venezuela to focus on heavy oil projects

Chevron signed two key agreements on April 13 to expand ‌operations at Venezuela's vast Orinoco Belt, including an asset swap adding an extra heavy cru…

Oil Exploration

Occidental Announces Gulf of America Oil Discovery at Bandit

April 09 ,Occidental announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration wel…

Serbia

Serbian gas turbine power plant project with SOCAR's participation will require 600 mcm of gas per year - Serbian energy minister

April 9 , The volume of gas required for the operation of the gas turbine power plant (GTPP) planned for construction in Serbia jointly with the State Oil Compa…

Norway

Norwegian Oil and Gas Company Aker BP Achieves Oil Production from New Reservoir in North Sea Nine Months Ahead of Schedule

Aker BP announced that the Symra oil field in the Norwegian North Sea has commenced production. The project started nine months earlier than originally planned,…

Indonesia

Indonesia to go ahead with B50 biodiesel mix this year, president says

Indonesia's President Prabowo Subianto said ‌on March 30 during an official visit to Japan that the Southeast Asian country ​will go ahead this year with …

Libya

Libya fully resumes output at Sharara and El Feel oil fields, NOCK says

​Libya's National Oil Corporation said on March 30 ​that oil production had fully resumed at the Sharara and El ‌Feel oilfields after completing main…

Egypt

Egypt, Cyprus sign framework agreement for cooperation on natural gas

President Abdel Fattah El Sisi and his Cypriot counterpart Nikos Christodoulides on March 30, witnessed the signing of a framework agreement for cooperation on …

Philippines

Petron secures 2.5M barrels of Russian crude oil

THE Philippines’ sole oil refinery has secured nearly 2.5 million barrels of Russian crude out of extreme necessity, a stock exchange filing revealed on M…

United States

Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility

Golden Pass LNG, a joint venture ‌between QatarEnergy and Exxon Mobil has produced its first liquefied natural gas at its new facility in Texas, the compan…

Biofuel

US finalizes biofuel blending quotas for 2026-27

The 'Trump Administration' finalized a new mandate for biofuel blending volumes for 'the U.S on March 27. oil refiners. This required more fuels fro…

Australia

Chevron's Wheatstone LNG Facility Faces Weeks-Long Production Halt After Cyclone Damage

Chevron said on March 29 that its Wheatstone liquefied natural gas (LNG) facility in Western Australia is unlikely to resume full production for several weeks a…