Hess Corp.
 |  July 18, 2025
The decision allowed Chevron to complete its $53-billion acquisition of Hess. The parties had referred their Stabroek standoff to the International Chamber of Commerce in March...
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Photo from Equinor.
Equinor, BASF sign natural gas supply agreement
95931355 © Alena Redchanka | Dreamstime.com
ocean
Photo from Odfjell Drilling.
Deepsea Bollsta rig.
Map from DNO ASA.
Middle East map
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Learning Resources

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Discover how S-612, as part of JIP 33, is redefining specifications for integrally geared centrifugal compressors — and what engineers and EPC teams need to deliver compliant,...
Aug. 7, 2025
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Discover how bp cut methane emissions and boosted flare efficiency with Panametrics’ flare.IQ technology—achieving 99.3% destruction efficiency and real-time optimization across...
June 25, 2025
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Explore how the looming global LNG supply surge could disrupt market balance and pricing, with exclusive insights into new capacity timelines, shifting demand dynamics, and the...
July 22, 2025
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July 17, 2025

Oil & Gas Journal ReEnterprised

General Interest

361613265 © Daniil Peshkov | Dreamstime.com
oil market
Crude oil market uncertainty continues to reign as the price consolidation period stretches into its fourth week.
July 18, 2025
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Sponsored
By recommending the use of oil benchmarks which reflect market fundamentals like ICE Midland WTI, the U.S. Energy Dominance Council could help defend U.S. reserve currency status...
July 15, 2025
Photo from ANPG
ANPG, ExxonMobil Block 15 addendum signing
The aim is to enable further development of the remaining resources in Block 15, Angola’s National Agency of Petroleum, Gas, and Biofuels (ANPG) said July 14.
July 15, 2025
Mach Natural Resources investor presentation July 10, 2025.
Mach Natural Resources Lower 48 map
In separate transactions, the company agreed to acquire certain oil and gas assets from Sabinal Energy LLC and entities owning oil and gas assets managed by IKAV Energy Inc.
July 10, 2025

Refining & Processing

Photo from MOL Group.
Croatia’s INA Rijeka refinery
Designed to protect the sensitive Kvarner seabed, the subsurface barrier system will intercept and prevent migration of oily contaminants from the refinery site by controlling...
July 15, 2025
Photo from The Dow Chemical Co.
Dow, Böhlen, Germany
Dow will shut down three plants—two in Germany and one in the UK—with the aim of boosting overall profitability of its European business, the company said.
July 8, 2025
Photo from Saudi Arabia Basic Industries Corp.
SABIC Olefins 6 cracker furnaces
Saudi Arabia Basic Industries Corp. is ceasing operation of its main olefins production unit at SABIC UK Petrochemicals Ltd.’s Teesside petrochemicals complex in Wilton, UK.
July 3, 2025
Photo from Eni SPA.
Eni SPA's Venice biorefinery
Saipem will deliver engineering, procurement, and construction services for Eni's project, which aims to boost the biorefinery’s current production capacity to 600,000 tpy, the...
June 24, 2025

Drilling & Production

240930 © Jim Parkin | Dreamstime.com
drilling rig
Oil drove the gain in Canada, with 120 rigs drilling for oil, 8 more than last week. In the US, 9 additional gas-directed rigs help offset the 2-rig loss in oil-directed rigs....
July 18, 2025
286656569 © Ramon Cliff | Dreamstime.com
oil and gas industry, Canada
There were 10 additional oil-directed rigs in Canada this week and 1 additional gas-directed rig, bringing the week’s totals to 112 and 50, respectively.
July 11, 2025
95931355 © Alena Redchanka | Dreamstime.com
ocean
Exploration wells 34/8-20 S and 34/8-20 A, both in production license 554 E, will be drilled by the COSLInnovator semisubmersible drilling rig.
July 9, 2025
Federal Reserve Bank of Dallas
des2502activity
But nearly 40% continue to expect spending to rise next year even though executives’ overall outlook remains slightly negative.
July 2, 2025

Exploration & Development

Map from Azule Energy
Block 14 offshore Angola
The joint venture will continue to assess the full potential of the discovery and work with block partners to determine a development strategy.
July 14, 2025
Map from Norwegian Offshore Directorate
Equinor Barents Sea discovery map
The well encountered a 14-m gas column in the Stø formation in sandstone totaling 70 m and with good reservoir quality.
July 10, 2025
Photo from Equinor
Troll C platform, North Sea
The contract is to prepare Troll C’s topside to receive and process production from the tieback.
July 9, 2025
Photo from bp PLC
bp Libya signing
The provisional agreement centered around Libya’s Sirte basin also includes exploration potential of adjacent areas with an aim of understanding the “wider unconventional oil ...
July 8, 2025

Pipelines & Transportation

Illustration from Delfin LNG
Delfin LNG
Delfin reached the agreements as part of progress toward a fourth-quarter 2025 final investment decision for the plant.
July 15, 2025
Photo from Enstor
Enstor Mississippi Hub Storage
Emerald Storage received approval to proceed with construction of its Mississippi Hub Expansion and Columbia Gas Transmission placed its Eastern Panhandle Expansion into service...
July 11, 2025
Rendering from Venture Global LNG
Venture Global CP2 LNG plant rendering
The agreement amends the existing sales and purchase agreement signed by the companies in 2023, increasing the total volume of LNG purchased by SEFE from CP2 LNG to 3 million ...
July 9, 2025
Photo from LNG Canada
LNG Canada first cargo
The cargo is destined for global markets, marking the start of operations at Canada’s first large-scale LNG export plant.
July 1, 2025