Oil and gas

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,…

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…

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 …

Kazakhstan

Kazakhstan and Shell strengthen cooperation in oil and gas sector

Kazakh Energy Ministry Yerlan Akkenzhenov held a meeting with Shell CEO Wael Sawan in the U.S.Photo credit: Kazakh Foreign MinistryThe press service of the Kaza…

Green Hydrogen

OMV Petrom receives first electrolyser for 20MW Romanian e-fuel plant

Romanian oil and gas producer OMV Petrom has received the first electrolyzer module for its 20MW green hydrogen-based e-fuel production facility at its Petrobra…

Ovintiv Sells Anadarko Basin Oil and Gas Assets to Optimize Portfolio

Canadian energy company Ovintiv Inc. (NYSE: OVV) has entered into a definitive agreement to sell its oil and gas assets in the Anadarko Basin, Oklahoma, for $3 …

New Oil and Gas Resources Discovered in the Knockando Fensfjord Exploration Area in the North Sea Brage Region

Norwegian oil and gas operator OKEA and its partners recently made a new oil and gas discovery in the Knockando Fensfjord exploration area within the North Sea …

Harbour Energy to operate Zama oil project in Mexico

The Zama partners, encompassing Pemex, Grupo Carso, and Talos Energy, agreed to the appointment.UK based independent oil and gas company Harbour Energy has been…

Türkiye to launch offshore oil and gas exploration off Somalia

Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices…

Oil&Gas Drilling

Turkey Seeks Agreement With Syria on Offshore Energy E&P

Turkey is planning to reach an agreement with the new government of Syria on maritime cooperation and offshore E&P, the nation's minister of energy said in …

Crude Oil

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

On December 30, CNOOC announced that the cumulative oil and gas equivalent production of its offshore gas field cluster around Hainan Island in 2025 has exceede…

LNG

Malaysia’s Petronas Signs LNG Supply Deal With China’s CNOOC

Malaysian state-owned energy company Petroliam Nasional Berhad (Petronas) announced on Wednesday that it will supply Chinese offshore oil and gas company CNOOC …

Oil&Gas Drilling

Norway’s November Oil and Gas Production Beats Forecast

Norway's combined oil and gas production in November exceeded the official forecast by 0.9%, according to preliminary data released by the Norwegian Offshor…

Crude Oil

China’s Largest Offshore Oilfield Reports Record Annual Oil, Gas Output

China National Offshore Oil Corporation (CNOOC) announced on December 21, 2025, that the Bohai Oilfield, the country's largest offshore oil and gas producti…

Oil Shale

Japanese Company Buys U.S. Shale Assets for $1.3 Billion

Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale oil and gas producer Verdad Resources Intermediate Holdings for $1.3 billion. The trans…