India to drive upstream project starts in Asia by 2030
India, Indonesia, and Malaysia are set to lead upcoming upstream project starts in Asia through 2030, supported by rising energy …
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Asia to spearhead the global acetic acid capacity additions by 2030
Asia is poised to spearhead the global acetic acid capacity additions by 2030 due to strong and increasing domestic demand, …
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Indonesia officially opens upgraded Balikpapan refinery
Indonesian President Prabowo Subianto has officially inaugurated Pertamina’s upgraded Balikpapan refinery in East Kalimantan province, representing a major boost to …
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Ukrainian forces hit Russian oil platforms amid ongoing conflict
Ukrainian military forces have reportedly targeted three Russian drilling platforms in the Caspian Sea, according to a statement from Ukraine's …
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Coastal Bend LNG selects FEED partners for Texas Gulf Coast project
US-based Coastal Bend LNG has appointed KBR and Técnicas Reunidas to carry out the front-end engineering and design (FEED) phase …
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President Trump signs order protecting Venezuelan oil revenue
US President Donald Trump has issued an executive order to protect Venezuelan oil revenue held in US Treasury accounts, citing significant national security and foreign …
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IEC advances pre-drilling at Kruh Block in Indonesia
Indonesia Energy Corporation (IEC) has announced advancements in its pre-drilling activities at the onshore Kruh Block in Indonesia, where preparations …
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SABIC to divest EP and ETP businesses for $950m
The Saudi Basic Industries Corporation (SABIC) has inked two deals to sell its European petrochemicals (EP) operations, as well as …
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US oil majors weigh plans to revitalise Venezuela’s energy sector
US oil corporations such as ConocoPhillips, ExxonMobil and others are assessing potential involvement in the revitalisation of Venezuela's energy sector, …
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Equinor awards contracts worth $9.9bn for Norwegian maintenance
Equinor has awarded 12 new framework agreements with a total value of nearly Nkr100bn ($9.9bn) for maintenance and modifications on …
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The transformative impact of electric vehicles on the oil and gas sector
The electric vehicle (EV) sector is undergoing rapid transformation, creating strategic shifts within the oil and gas industry. With 10.4 …
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Norwegian Continental Shelf sees record exploration in 2025
The year 2025 was one of the most prolific in recent history for Norwegian offshore exploration, according to the Norwegian …
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US forces seize Marinera and M Sophia oil tankers in Atlantic
US forces have seized the Marinera and M Sophia tankers in the Atlantic Ocean, both associated with Venezuela. The seizures are …
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Trump eyes control of Venezuela’s PDVSA to slash oil prices
US President Donald Trump is reportedly considering an initiative to gain control of Venezuela's state-run oil company, PDVSA, with the …
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SARB Deep Gas Development receives final investment approval from ADNOC
Abu Dhabi National Oil Company (ADNOC) has confirmed its final investment decision (FID) for the SARB Deep Gas Development, a …
