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Rendering from Woodside Energy
 |  Sept. 10, 2025
Woodside Energy and Petronas have formalized a 15-year LNG supply agreement, which may include volumes from the recently sanctioned Louisiana LNG project.
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Photo from CNOOC Ltd.
CNOOC Wenchang 16-2 oilfield development
MedcoEnergi's Bualuang development offshore Thailand
MedcoEnergi's Bualuang development offshore Thailand
ID 237988587 © Freeze Frames | Dreamstime.com
Drilling Rig and Oil Facility in the Permian Basin Texas with flare
Photo from Tidewater
North Pomor production supply vessel
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General Interest

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
361613265 © Daniil Peshkov
oil market concept
Crude prices fell to levels not seen in 3 months during this holiday-shortened trade week as any bullish support fell sway to several bearish signs.
Sept. 5, 2025
379259522 © Ybutor Dreamstime.com
oil gas industry data concept
Executives from major energy companies gathered in New York to discuss investment, acquisitions, growth prospects, and more, in a changing market landscape.
Sept. 5, 2025

Refining & Processing

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
Photo from Indian Oil Corp. Ltd.
Indian Oil Corp.'s Panipat refining and chemical complex, India
Indian Oil Corp. received approval to produce sustainable aviation fuel at its Panipat refinery, supporting decarbonization efforts, while also planning a refinery expansion to...
Aug. 19, 2025
Image from TotalEnergies.
petrochemical complex
Despite a decline in the number of refineries, global refining capacity has increased by 15% over two decades, driven mainly by growth in the Middle East, China, and India, with...
Aug. 12, 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
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
Norwegian Offshore Directorate
Norway liquids production July 2025
Average daily liquids production in July consists of 1.958 million bbl of oil, 193,000 bbl of NGL, and 8,000 bbl of condensate.
Aug. 21, 2025
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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 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
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