Asian LNG Demand Hits Five-Month High
Petronas, the Malaysian national oil company, and JERA, Japan's largest LNG buyer, signed a 20-year, 2 Mtpa supply agreement on Tuesday.
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Exxon Guyana production exceeds 900,000 bpd in 2025
ExxonMobil reported that its stake in the Stabroek consortium generated net income of US$4,670 million in 2025.
Oil rises amid escalation between the U.S. and Iran
Tension in the Strait of Hormuz escalates with U.S. and Iranian military operations.
Sempra Texas Invests US$7 Billion in Transmission
The investment will support 16 GW of new data center and AI demand on the ERCOT grid.
Subsea umbilicals drive gas project in Indonesia
Advanced subsea umbilicals will support the development of the Kutei North Hub project in Indonesia, a key initiative for offshore gas.
LNG Terminal Drives Energy Security in New Zealand
The LNG terminal planned by New Zealand seeks to guarantee energy supply and strengthen the stability of the electrical system.
Hormuz transit fees: Iran proposes charging for the Strait
The Strait of Hormuz will remain open under a new regime jointly established with Oman.
Aker BP Johan Sverdrup Gains 2.2 MMboe in the North Sea
Aker BP gains an additional 2.2 MMboe following a redetermination process in Johan Sverdrup.
Uniper Negotiates Canadian LNG Supply with Ksi Lisims for Germany
Ksi Lisims LNG has reportedly committed 58% of its capacity without having reached a final investment decision.
Eagle Ford asset deal: Ensign Energy expands in Texas
Ensign Energy closed an Eagle Ford asset deal linked to ConocoPhillips assets, strengthening its operational position in one of the most productive shale basins in the United States.
Ichthys LNG strike: Inpex under labor pressure in Australia
The new Ichthys LNG strike measures include work-to-rule, overtime restrictions, and coordinated selective actions at offshore and onshore processing facilities.
Saudi Aramco cuts its official prices for Asia by $6 per barrel, the largest adjustment since 2022
Saudi Aramco oil prices Asia for July 2026 registered their largest cut since 2022: $6 per barrel less in the official selling price (OSP) of Arab Light crude,…