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PETRONAS secures long-term LNG supply with QatarEnergy
The agreement fixes stable volumes of liquefied natural gas for two decades and strengthens Malaysia's energy security.
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Gulf stock markets rise on oil as Dubai records all-time highs
A survey showed that the UAE's non-oil private sector accelerated new business growth in January.
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U.S. refineries face Venezuelan crude oversupply
The increase in exports from Venezuela exceeds the purchasing capacity of U.S. refineries and forces the company to seek new markets.
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USA oil production reopens in Venezuela
Washington will allow companies to operate Venezuelan oil fields under supervised financial control following the capture of former President Nicolás Maduro.
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Marathon Petroleum boosts earnings after applying stronger refining margins
The increase in refining margins strengthened the quarterly results and the positive market reaction.
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Delfin LNG pipeline explosion mobilizes authorities in Louisiana
A leak and fire on a gas line operated by Delfin LNG in Cameron Parish revives concerns about energy security in the region.
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Kuwait: TotalEnergies and Kuwait Oil Company sign a technical cooperation agreement
TotalEnergies and Kuwait Oil Company (KOC) sign Memorandum of Understanding
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Aramco completes $4 billion bond issue
The transaction was priced on January 26, 2026 and the bonds were listed on the London Stock Exchange.
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Shell sells 20% of its Orca project to KUFPEC in deepwater Brazil
Orca's planning is taking place in the deep waters of the Brazilian pre-salt, an area that concentrates some of the largest offshore resources in Latin America…
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BP faces pressure from investors over its oil and gas investment strategy
The proposal requests that BP demonstrate in detail how it applies rigorous capital discipline to each new energy project.
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Penspen delivers record year with $500m in contract awards in 2025 – up 120% year-on-year
Chief Executive Officer, Peter O’Sullivan: “2025 stands out as one of the strongest commercial and delivery years in Penspen’s history.”
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Kuwait invites foreign oil companies for offshore fields
KPC is seeking foreign investment and regional alliances to accelerate offshore hydrocarbon exploitation and monetize its pipeline network.