Oil

New Zealand

New Zealand's LNG Import Terminal Plan Faces Uncertainty Over Economic Viability

New Zealand’s proposed liquefied natural gas (LNG) import terminal faces an uncertain future after Prime Minister Christopher Luxon stated on March 30 tha…

China

PH, China reopen oil exploration talks

THE Philippines and China have made initial exchanges on potential oil and gas exploration in the South China Sea, nearly four years since previous talks were t…

Oil Exploration

Chevron shakes hands with NOC for oil study at block offshore Libya

U.S.-headquartered energy giant Chevron has teamed up with Libya’s National Oil Corporation (NOC) for an oil study at an offshore block in Libyan waters.N…

Natural Gas

Slovakia shows interest in gas from Romania's Neptun project

Slovakia is interested in receiving gas from Romania's Neptun Deep offshore project, with its supplies of Russian deliveries ​set to end next year, Slovak …

Kazakhstan

Turkistan region develops gas infrastructure this year

Gasification of 161 settlements in Turkistan region is planned until 2027.20.7 billion tenge was allocated last year for the construction of 87 gasification fac…

Netherlands

Gas reserves in Netherlands storage facilities fall below 6%

Gas reserves in underground storage facilities in the Netherlands continue to update historic lows, falling below 6%, according to data from Gas Infrastructure …

Brazil

Petrobras augments oil arsenal as it strikes black gold in Brazilian waters

Petrobras has announced the presence of excellent-quality oil in the pre-salt Campos Basin through an exploration well drilled in the Marlim Sul field, which wa…

Oil & Gas Trade

Algeria and Spain in talks to increase gas supply

Spain ​and Algeria are in talks to increase the supply of natural gas ‌from Algeria, Spanish Foreign Minister Jose Manuel Albares said on March 26 after m…

Philippines

The Philippine President Marcos: PH has enough crude oil until June 2026

President of the Philippines Ferdinand Marcos Jr. on Friday announced that the country has sufficient crude oil supply to last until June 30, 2026.

Philippines

President announces successsful drill, test of second Malampaya well

President of the Philippines Ferdinand Marcos Jr. on March 26 announced that the Camago-3 well has been successfully drilled and tested, producing up to 60 mill…

Ukraine

Ukrainian Energy Ministry, Naftogaz sign cooperation documents with several U.S. companies

March 26- The Ukrainian Energy Ministry and Naftogaz have signed documents with U.S. companies on cooperation in energy projects in Ukraine, Ukrainian media quo…

Vietnam

Novatek mulling LNG supplies to Vietnam, starting at 1 mln tonnes per year

March 26 - Novatek is in talks to supply liquefied natural gas to private companies in Vietnam, starting at 1 million tonnes per year, company CEO Leonid Mikhel…

Kazakhstan

Kazakhstan decides against Shell, Eni participation in Karachaganak gas plant project

March 26 - Kazakhstan will not proceeds with constructing a gas processing plant at the Karachaganak field in partnership with Shell and Eni, said PSA LLP, the …

Singapore

MHI-AP Awarded Boiler Retrofit Contract for Waste-to-Energy Facility in Singapore

Aims to complete the project by FY2027 and will provide comprehensive services from design and construction to operational support

South Korea

S. Korea to enforce naphtha export restriction starting Friday: finance minister

South Korea will begin restricting naphtha exports from Friday amid growing supply shortages due to the Middle East situation, Seoul's finance chief said on…