In the News

KEY POINT Libya’s oil production has returned to normal after a brief shutdown of three oilfields by members of the Petroleum Facilities Guard, according to National Oil Corporation, NOC, Chairman …

Asian LNG demand is set to fall for a second straight year as the US-Israeli war on Iran curbs Gulf supply and drives prices to multi-year highs, analysts say.

India has warned that new US tariffs targeting buyers of Russian oil could harm bilateral ties, vowing to protect its energy security and trade interests.

KEY POINTS Dangote Refinery has warned that new and rehabilitated refineries in Nigeria, Africa and other major oil-producing regions could increase competition and put pressure on its market share, product …

KEY POINTS Chevron is making another attempt to develop the long-stalled Ubon gas condensate field offshore Thailand, years after previous efforts failed to move the project into development. The Ubon …

KEY POINTS Senegal has signed a memorandum of understanding with Italian energy company Eni to assess the potential of five offshore oil and gas blocks as the country seeks to …

US and Vietnamese firms will sign dozens of energy, tech, aviation and finance deals as leader To Lam visits New York, documents show.

KEY POINTS ExxonMobil has secured regulatory approval to move ahead with its Rose carbon-capture project in Texas, clearing a major hurdle for a development designed to permanently store carbon dioxide …

Germany’s economy minister plans market incentives to boost winter gas storage while avoiding direct state purchases, as stocks hit a 15-year seasonal low.

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd., has unveiled plans to significantly expand Nigeria’s gas reserves and production as part of efforts to establish the country as …