Oil and Petrochemicals
BP sold five percent of its shares in Aker BP for $1.06 billion
BP has completed part of its efforts to secure liquidity by selling five percent of its shares in Aker BP for $1.06 bill...
Oil and Petrochemicals
Oil and Petrochemicals
Decline of Global LPG Trade in 2026
Global liquefied petroleum gas (LPG) trade is expected to decline in 2026 due to market conditions. This decline comes a...
Oil and Petrochemicals
Talos Energy Estimates Start of Oil Production from Monument Field for Q1 2027
Talos Energy has forecast that oil production from the Monument field, with a capacity of 20,000 to 30,000 barrels of oi...
Oil and Petrochemicals
Vedanta and Exceed Collaborate on Deep Water Exploration in the KG Field
Vedanta Oil and Gas Ltd. is launching an exploration and evaluation campaign in the KG-DWHP-2017/1 field in the Krishna-...
Oil and Petrochemicals
Diamondback Energy Invests in the Permian Field as America's Largest Gas Play
Diamondback Energy expects the Permian field to remain the leading oil field in the United States by the 2030s and also...
Oil and Petrochemicals
Holding the ADIPEC 2026 Exhibition Focused on Innovation in the Energy Industry
The ADIPEC 2026 International Exhibition, as one of the largest energy events in the world, will focus on innovation and...
Oil and Petrochemicals
Venture Global Announces Commercial Operations at Plaquemines LNG
Venture Global announced the commencement of commercial operations at the first phase of the Plaquemines LNG facility in...
Oil and Petrochemicals
2% Increase in Fuel Oil Reserves in the ARA Region in October
Independent fuel oil reserves in the ARA region increased by 2% in October compared to September. Imports and exports of...
Oil and Petrochemicals
Kistos Holdings Acquires 30% of the Abi and Baker Gas Fields
Kistos Holdings has signed an agreement to acquire 30% of the Abi and Baker gas fields. These fields are planned based o...
Oil and Petrochemicals
Increase in Natural Gas Production Forecast in the Permian Basin by Enterprise Products Partners
Enterprise Products Partners has increased its natural gas production forecast in the Permian Basin to over 3 billion cu...
Oil and Petrochemicals
EQT and Range Resources Become the Largest Natural Gas Producer in America
EQT has become the largest natural gas producer in the United States by acquiring Range Resources. This merger increases...
Oil and Petrochemicals
Tullow Ghana Awards Gas Tieback Project Contract to DeepOcean
Tullow Ghana has awarded a contract for the gas tieback project in the Jubilee field to DeepOcean. This project includes...