Iran Blacklists 45 Tankers as Hormuz Standoff Escalates
Iran has blacklisted 45 oil, LNG, LPG and product tankers using the Strait of Hormuz, threatening fines, detention and cargo confiscation as Tehran retaliates against …
Read Full ArticleEquinor and Aker BP Make New North Sea Gas Discovery
Norwegian oil and gas firms Equinor and Aker BP have made a gas and condensate discovery close to the operating Balder field in the North …
Read Full ArticleNorway Takes Oilfield Climate Battle to Supreme Court
The Norwegian government is asking the country’s Supreme Court to overturn lower-court rulings that invalidated the development permits of three new oilfields in Norway’s North …
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Jade Gas submits TTCBM development plan in Mongolia
Jade Gas lodges TTCBM development plan with Mongolia's Minerals Reserve Council and agrees a 502km² production licence area.
Read Full ArticleJapan Power Prices Surge to Highest Since 2023
Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply …
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Middle East to dominate global gas processing capacity additions by 2030
The Middle East is expected to remain a key centre for global gas processing capacity additions through 2030.
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Iran reports discovery of 7.5tcf of natural gas reserves in Fars province
Iran has discovered more than 7.5 trillion cubic feet (tcf) of natural gas in the southern province of Fars, Oil Minister Mohsen Paknejad claimed on …
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Omega’s Canyon-3 well finds oil and gas in eastern Taroom Trough
Omega Oil & Gas said that the Canyon-3 well in the eastern Taroom Trough in Queensland, Australia has encountered significant oil and gas-bearing intervals.
Read Full ArticleNorway Vows to Keep Drilling for Oil and Gas in the Arctic
Norway plans to continue exploring for oil and gas in its Arctic waters in the Barents Sea regardless of whether the European Union supports or …
Read Full ArticleIran Unveils Huge New Gas Discovery Amid U.S. Economic Pressure
Iran has made a new gas discovery in the southern province of Fars, with the oil ministry reporting estimates of 7.5 trillion cubic feet of …
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Petrobras begins talks for four offshore exploration blocks in Ghana
Petrobras has started direct negotiations for exploration contracts in four offshore blocks in Ghana’s Keta Basin, after the country’s Ministry of Energy and Green Transition …
Read Full ArticleExxon Eyes Shell’s $8 Billion U.S. Chemicals Business
Exxon is in the running for Shell’s U.S. chemicals business that could fetch $8 billion, the Financial Times reported today, citing unnamed sources familiar with …
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