Oil and gas company

Crude Oil
Thailand’s PTTEP Buys 50% of Offshore Gas Block From Chevron for $450 Million
Thai oil and gas company PTT Exploration and Production (PTTEP) announced a $450 million deal to acquire a 50% stake in Block A-18, located in the Malaysia-Thai…
LNG
PTT Secures First Long-Term LNG Export Contract Outside Thailand
Thailand’s state-owned oil and gas company, PTT, has entered into a heads of agreement (HoA) with Centrica Energy, a UK-based energy firm, for a multi-yea…
Oil Field
More Time for UK Operator to Breathe Life Into Two North Sea Oil Discoveries
UK-based oil and gas company Orcadian Energy has secured an extension for Phase B of its P2482 license, allowing continued development of the Elke and Narwhal o…
Oil Field
Chinese Giant Augments Hydrocarbon Production as Oilfield Project Goes Live
China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, has commenced production at the Weizhou 5-3 oilfield development project in …
China
Giant FPU’s Transport Marks ‘World’s First’ for CNOOC
On May 11, 2025, China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, successfully completed a significant transport operation fo…
Oil Field
New Oil Discovery Springs up in Norwegian Waters
Aker BP, a Norwegian oil and gas company, has announced a new oil discovery in the Norwegian Sea, approximately 6 kilometers southwest of the Skarv field’…
Crude Oil
Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada
Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydmins…
Solar project
Shell Scraps Solar, Onshore Wind Power Projects in Brazil
Shell (SHEL.L), is discontinuing its solar and onshore wind power generation projects in Brazil, as part of a "portfolio adjustment", the company said on Thursd…
Crude Oil
Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025
Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.While speakin…
Oil&Gas Drilling
Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019.On Tuesday, February 25, 2025, Algeria&rsqu…
Crude Oil
Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion
A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the…
Oil & Gas Trade
Trafigura Buying Oil From Brazilian Player’s Santos Basin Field
Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former&…
Oil Field
Decision Over Progressing Brazilian Oil Discovery to FEED Entry Stage Due in Spring
Australia’s oil and gas company Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, w…
Crude Oil
Kazakhstan Imposes Fine on Major Oil and Gas Company
One of Kazakhstan's largest oil and gas companies, Mangistaumunaigaz, has been fined 32 billion tenge ($60 million), Trend reports via the General Prosecuto…
LNG
Pantheon Resources Hails Funding Partnership for Alaska LNG
loil and gas company focused on developing the Ahpun and Kodiak onshore oil fields in Alaska - Notes Monday's announcement from the Alaska Gasoline Developm…

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Oil and gas company

Thailand’s PTTEP Buys 50% of Offshore Gas Block From Chevron for $450 Million

PTT Secures First Long-Term LNG Export Contract Outside Thailand

More Time for UK Operator to Breathe Life Into Two North Sea Oil Discoveries

Chinese Giant Augments Hydrocarbon Production as Oilfield Project Goes Live

Giant FPU’s Transport Marks ‘World’s First’ for CNOOC

New Oil Discovery Springs up in Norwegian Waters

Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada

Shell Scraps Solar, Onshore Wind Power Projects in Brazil

Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025

Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio

Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion

Trafigura Buying Oil From Brazilian Player’s Santos Basin Field

Decision Over Progressing Brazilian Oil Discovery to FEED Entry Stage Due in Spring

Kazakhstan Imposes Fine on Major Oil and Gas Company

Pantheon Resources Hails Funding Partnership for Alaska LNG