Aramco sets goal of 75% local content by 2030 Ruth Arteaga. · February 13, 2026 The target of 75% localization by 2030 positions Aramco as the hub of Saudi industrialization.
NYK agrees long-term charter with Cheniere for LNG carriers Ruth Arteaga. · February 13, 2026 NYK's first contract with Cheniere to operate state-of-the-art LNG carriers built by HD Hyundai from 2028.
PETRONAS Carigali adjusts Sabah stake and strengthens alliance with SMJ Energy Ruth Arteaga. · February 13, 2026 State-owned SMJ Energy takes 20% of the North Sabah block, strengthening its presence in East Malaysia's offshore resources.
MOL incorporates dual-fuel VLGC vessel for strategic alliance with TotalEnergies Ruth Arteaga. · February 13, 2026 230-meter vessel will operate on LPG and will be able to transport ammonia, in line with MOL and TotalEnergies' decarbonization goals.
OPEC forecasts a drop in demand for OPEC+ crude oil in the second quarter Joshua Falcón. · February 12, 2026 OPEC anticipates a drop in demand for OPEC+ crude oil of 400,000 barrels per day during the second quarter of the year.
TotalEnergies reduces share buybacks after oil and gas slump Joshua Falcón. · February 12, 2026 Repurchase declines to US$750 million in the first quarter while Q4 adjusted net income came in at US$3.8 billion.
Seatrium initiates international arbitration against Petrobras for the P-54 FPSO Joshua Falcón. · February 12, 2026 The US$55.7 million FPSO P-54 dispute escalates to international arbitration in London.
U.S. eases sanctions and authorizes services to Venezuelan oil sector Simón González · February 12, 2026 Authorize energy transactions with PDVSA under specific legal conditions.
Canadian airlines suspend flights to Cuba due to lack of fuel on the island Ruth Arteaga. · February 12, 2026 The warning of a possible fuel shortage shortage of jet fuel in Cuba The warning of a possible fuel shortage for planes in Cuba…
Pipeline maintenance triggers explosion in Oaxaca José López. · February 12, 2026 Explosion in Pemex pipeline in Oaxaca during maintenance. Authorities activate emergency protocols.