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203395063 © Александр Марко | Dreamstime.com
 |  Sept. 15, 2025
The European Commission's upcoming ban on processed Russian crude products from 2026 aims to tighten sanctions, prompting shifts in global diesel trade flows and increasing regional...
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Depiction of bear | bull market
OKEA Brage field North Sea
Photo from Saipem
Saipem Castorone pipelay vessel
Photo from Vår Energi
Vår Energi Jotun FPSO
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Sept. 3, 2025

Oil & Gas Journal ReEnterprised

General Interest

US EIA
Brent crude oil spot price and global inventory changes
In EIA's latest Short-Term Energy Outlook, the agency projects Brent crude oil prices will decline to an average of $59/bbl in fourth-quarter 2025 from about $68/bbl in August...
Sept. 10, 2025
Map from Diversified Energy, Sept. 8, 2025 investor presentation
Canvas Energy acreage map, Oklahoma
Diversified Energy agreed to acquire privately held Oklahoma operator Canvas Energy in a deal set to add to Diversified's Central Anadarko basin portfolio.
Sept. 8, 2025
Photo from Petrodec
Petrodec jack-up vessel Obana
After work at Galahad field, the vessel will move to Amethyst field for removal of the C1D, A2D, and B1D jackets.
Sept. 8, 2025
23991536 © Colicaranica | Dreamstime.com
OPEC headquarters
OPEC+ agreed to a modest oil production increase in October, signaling a shift towards defending market share. The move involves unwinding previous production cuts ahead of schedule...
Sept. 8, 2025

Refining & Processing

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KFUPM seeks Associate/Full Professors in Petroleum Engineering with focus on Computational Modeling & Simulation and Energy Sustainability. Join a QS top-5 program with strong...
Sept. 10, 2025
Photo from Phillips 66 Co.’s official Phillips 66 Careers Facebook page.
Phillips 66's Borger refinery in Borger, Tex.
Phillips 66 is set to acquire the remaining 50% stake in WRB Refining from Cenovus Energy for $1.4 billion, gaining full control of two major US refineries.
Sept. 9, 2025
Photo from Phillips 66 Co.
Phillips 66 adds Permian basin gas processing capacity
Configured with advanced ethane-extraction capabilities and equipped with a cryogenic gas processing capacity of 220 MMcfd, the Dos Picos II plant entered operation in late July...
Sept. 5, 2025
Photo from Shell Nederland Raffinaderij BV.
Shell Nederland Raffinaderij BV Rotterdam construction
After calling an interim suspension of works on the planned 820,000-tonnes/year biofuels plant in 2024 to reassess competitiveness, Shell said on Sept. 3 it will not resume construction...
Sept. 4, 2025

Drilling & Production

159458497 © Aleksei Zakirov | Dreamstime.com
oil and gas drilling
North American drilling activity increased to a total of 718 rotary rigs working for the week ended Sept. 5. An increase in rigs in Canada led the uptick.
Sept. 5, 2025
Photo from CNOOC Ltd.
CNOOC Wenchang 16-2 oilfield development
CNOOC plans a total of 15 development wells to be commissioned with the project expected to achieve a plateau production of about 11,200 boe/d in 2027.
Sept. 4, 2025
Map from ReconAfrica.
Memorandum of Understanding area in Angola comprising 5.2 million acres and PEL 73 in Namibia comprising 6.3 million acres
Reconnaissance Energy Africa will explore the Otavi reservoir in the Damara Fold Belt in PEL 73, onshore Namibia.
Sept. 2, 2025
MedcoEnergi's Bualuang development offshore Thailand
MedcoEnergi's Bualuang development offshore Thailand
Medco Energi has been granted approval from the Government of Thailand for a production period extension for Bualuang oil field in the Gulf of Thailand.
Aug. 21, 2025

Exploration & Development

Map from Norwegian Offshore Directorate
APA 2025 map
The Ministry announced the oil and gas exploration license round in May. In connection with this year's licensing round, the predefined area was expanded into the Barents Sea ...
Sept. 4, 2025
Emperor Energy
Emperor Energy Judith gas field area offshore Australia
Upon success of Judith-2 there may be an opportunity to drill a sidetrack up-dip from the well into the Northeast fault block.
Sept. 3, 2025
Rendering from Wison Energies.
Wison FPU rendering for Sakarya gas field development
Turkish Petroleum Corp. contracted Wison New Energies for engineering, procurement, construction, installation, and commissioning for a floating production unit as part of Sakarya...
Sept. 3, 2025
95931355 © Alena Redchanka | Dreamstime.com
250709id_95931355__alena_redchanka_dreamstime
Oil and gas exploration well 6407/1-B-2 H is expected to be drilled in production license 1121 by the Transocean Encourage semisubmersible drilling rig in October 2025.
Sept. 2, 2025

Pipelines & Transportation

Map from Alaska LNG
Alaska LNG
The 20-million tpy Alaska LNG project, the only federally authorized LNG export project on the US Pacific Coast, is a joint venture between Glenfarne and the Alaska Gasline Development...
Sept. 10, 2025
Map from Monkey Island LNG
Monkey Island LNG map
The 246-acre project site on Monkey Island in Cameron Parish, is positioned with access to deepwater shipping channels and US natural gas supply.
Sept. 4, 2025
Rio Grande LNG rendering from August 2025 NextDecade investor report
NextDecade Rio Grande LNG rendering
Under the agreement, EQT will purchase 1.5 million tpy of LNG from NextDecade on a free on board basis at a price indexed to Henry Hub.
Sept. 4, 2025
Map from Plains All American
Plains to Acquire 55% Interest in EPIC Crude Holdings, LP
Plains agreed to acquire interest in EPIC Crude Holdings from Diamondback Energy and Kinetik Holdings for $1.57 billion, including debt. The company aims to strengthen crude oil...
Sept. 2, 2025