Oil

Renewable Diesel
Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says
Brazil is poised to raise its mandatory biodiesel blend in diesel from 14% to 15%, according to Daniel Amaral, director of economics and regulatory affairs at A…
Oil Field
BP Makes New Oil Discovery off US Gulf Coast
On Monday, BP announced a new oil discovery in the Far South field, located in the U.S. Gulf of Mexico. The exploration well, drilled in Green Canyon Block 584,…
Crude Oil
Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada
Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydmins…
Oil Refinery
Sinopec, Aramco Sign Agreement for Yanbu Refinery Expansion in Saudi Arabia
China Petroleum & Chemical Corporation (Sinopec) and Saudi Arabian Oil Company (Aramco) have signed an agreement to expand the Yanbu Refinery in Saudi Arabia&rs…
Oil&Gas Drilling
Transocean Equinox Rig Arrives to Embark On Otway Basin Exploration
The Transocean Equinox rig has reached the Otway Basin, advancing the Otway Exploration Drilling Programme (OEDP) set for 2025. This initiative, led by ConocoPh…
Oil Pipeline
Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks
Oando Plc, a Nigerian oil producer, reported three incidents targeting its pipelines in Bayelsa state, southern Nigeria, over the past week. The company announc…
Crude Oil
China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
China's crude oil imports in March reached 51.41 million metric tons, equivalent to 12.1 million barrels per day (bpd), according to data released by the Ge…
Crude Oil
Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say
Chevron Corp. has been directed to return nearly 1 million barrels of oil to Venezuela’s state-owned company, Petroleos de Venezuela SA (PDVSA), affecting…
Oil Shale
Shale Drillers Idle U.S. Rigs at Fastest Pace in Almost Two Years
U.S. shale drilling activity slowed significantly this week, marking the steepest decline in nearly two years, as global trade uncertainties weigh on energy dem…
RNG
Montauk Renewables and American Environmental Landfill Break Ground on Tulsa RNG Project
On April 9, Montauk Renewables Inc. announced that its subsidiary, Tulsa LFG LLC, began construction on a renewable natural gas (RNG) project at the American En…
Gas Pipeline
TC Energy Rules Out Sale of Canadian Mainline Pipeline
TC Energy Corp.’s Chief Executive Officer, Francois Poirier, has confirmed that the company will not sell its Canadian Mainline natural gas pipeline, a vi…
Oil Field
CNOOC Brings On-Stream Wenchang 9-7 Oilfield Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Wenchang 9-7 Oilfield Development Project has…
Geothermal Power Project
Bill on Repurposing Oil and Gas Wells to Geothermal Passed in New Mexico, US
New Mexico Governor Michelle Lujan Grisham has signed House Bill 361, establishing a framework to repurpose existing oil and gas wells for energy storage or geo…
LNG
Another Permit in Place for America’s ‘First’ Offshore LNG Export Project
Delfin Midstream, a U.S.-based company developing LNG export infrastructure, has secured a key permit for its Delfin LNG project in Louisiana and offshore in th…
LNG
Mubadala Energy Buys 24% Stake in Kimmeridge, Marking Its First Major U.S. LNG Investment
Mubadala Energy, based in Abu Dhabi, has recently acquired a 24.1% stake in SoTex HoldCo LLC, a company owned by Kimmeridge, an energy-focused alternative asset…

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Oil

Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says

BP Makes New Oil Discovery off US Gulf Coast

Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada

Sinopec, Aramco Sign Agreement for Yanbu Refinery Expansion in Saudi Arabia

Transocean Equinox Rig Arrives to Embark On Otway Basin Exploration

Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks

China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge

Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say

Shale Drillers Idle U.S. Rigs at Fastest Pace in Almost Two Years

Montauk Renewables and American Environmental Landfill Break Ground on Tulsa RNG Project

TC Energy Rules Out Sale of Canadian Mainline Pipeline

CNOOC Brings On-Stream Wenchang 9-7 Oilfield Development Project

Bill on Repurposing Oil and Gas Wells to Geothermal Passed in New Mexico, US

Another Permit in Place for America’s ‘First’ Offshore LNG Export Project

Mubadala Energy Buys 24% Stake in Kimmeridge, Marking Its First Major U.S. LNG Investment