Oil

Biofuel
Indonesia on Course for B50 Biodiesel in 2026 to Lessen Gasoil Imports, Minister Says
Indonesia is advancing its plan to implement biodiesel with 50% palm oil-based biofuel, known as B50, as a mandatory blend starting in 2026. The initiative aims…
Oil&Gas Drilling
Equatorial Guinea to Open Its 2026 Oil and Gas Licensing Round in April
Equatorial Guinea will open a new oil and gas licensing round in April 2026 to encourage exploration and offset declining oil production, Minister of Hydrocarbo…
Oil Field
Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field
Eni SpA, an Italy-based global energy company, has finalized a 30 percent stake sale of the Baleine field offshore Cote d'Ivoire to Vitol Group, reducing En…
Oil Field
Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield
Nigeria’s oil regulator has approved a $510 million agreement by TotalEnergies to sell its 12.5% interest in Oil Mining Lease (OML) 118, which contains the off…
LNG
Mercuria to Supply Botaş With US-Sourced LNG Until 2045
Global energy and commodity company Mercuria has signed a long-term liquefied natural gas (LNG) purchase and sale agreement with Türkiye’s state-owne…
Natural Gas
Poland’s Gas Storage Hits 100%, Highest in EU, Minister Says
Poland's gas storage facilities have reached full capacity, with Energy Minister Miłosz Motyka announcing on Wednesday that they are now 100% full. In a po…
Kazakhstan
Lanzajet and Kmg Move Forward With Kazakhstan’s First SAF Project
During New York Climate Week, LanzaJet, Inc., a sustainable fuels technology company, and Kazakhstan’s national oil and g as company, KMG, signed an agree…
Canada
DP World’s CAD $150 Mln Investment Expands Canada’s Canola Oil Export Capacity
DP World has commenced full operations at its new Canola Oil Transload Facility in Fraser Surrey, Canada, following a CAD $150 million investment. This facility…
Oil Field
Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana
Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milest…
Kazakhstan
Kazakhstan Continues to Increase Production of Vegetable Oils
Kazakhstan’s agrarian-industrial complex continues to show steady growth, with production increasing significantly in early 2025. According to the Bureau …
Biofuel
BP Abandons Plans to Build Rotterdam Biofuels Plant
BP (BP.L) has halted work on its planned biofuels plant in Rotterdam, a company spokesperson said on Monday. The decision follows a series of suspended or aband…
Crude Oil
China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec
China’s Sinopec has launched construction work to upgrade its integrated refining and petrochemical project in Xinjiang, the company announced on Saturday…
LNG
Spain-Headquartered Asterion Comes on Board France’s Largest LNG Terminal
Asterion Industrial Partners, an investment management company headquartered in Madrid, has expanded its European energy portfolio by acquiring a stake in one o…
LNG
Oil India Sees Restart of Mozambique LNG Project by Year’s End
India’s state-run Oil India Ltd announced that development of a $20 billion Mozambique liquefied natural gas (LNG) project, operated by TotalEnergies, is …
Brazil
Petrobras Refinery Tests Co-Processing of Vegetable Oil With Traditional Feedstock for SAF Production
In the first week of September, Petrobras carried out tests at its Henrique Lage Refinery (Revap) in São José dos Campos, São Paulo, for th…

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Oil

Indonesia on Course for B50 Biodiesel in 2026 to Lessen Gasoil Imports, Minister Says

Equatorial Guinea to Open Its 2026 Oil and Gas Licensing Round in April

Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field

Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield

Mercuria to Supply Botaş With US-Sourced LNG Until 2045

Poland’s Gas Storage Hits 100%, Highest in EU, Minister Says

Lanzajet and Kmg Move Forward With Kazakhstan’s First SAF Project

DP World’s CAD $150 Mln Investment Expands Canada’s Canola Oil Export Capacity

Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana

Kazakhstan Continues to Increase Production of Vegetable Oils

BP Abandons Plans to Build Rotterdam Biofuels Plant

China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec

Spain-Headquartered Asterion Comes on Board France’s Largest LNG Terminal

Oil India Sees Restart of Mozambique LNG Project by Year’s End

Petrobras Refinery Tests Co-Processing of Vegetable Oil With Traditional Feedstock for SAF Production