Latest Stories

TotalEnergies postpones Normandy refinery maintenance in France as diesel market tightens

30 September 2026

France’s TotalEnergies has postponed planned maintenance at its Normandy refinery until 2027.

Ukraine strike shuts Ilsky refinery after three key crude units hit

30 September 2026

Russia’s Ilsky oil refinery has halted operations following a Ukrainian drone strike that damaged three key crude-processing units, adding to pressure on the country’s refining system and domestic fuel supply.

Beijing-based AIIB, Uzbekistan agree $5bn pipeline of potential 2026-2029 infrastructure investments

30 September 2026

Projects include support for preparation of proposed resilient electricity transmission initiative.

UK's EnergyPathways advances £1bn MESH energy storage hub

30 September 2026

The project combines long-duration compressed-air energy storage, strategic natural gas and hydrogen storage, and hydrogen, ammonia and graphite production.

Reabold targets UK’s West Newton A-2 gas well recompletion in Q4 2026

30 September 2026

Reabold Resources expects to begin recompletion work on the West Newton A-2 well in East Yorkshire during the fourth quarter of 2026, after raising £4.3mn in the first half to fund the programme.

Rockhopper keeps UK Falkland Islands’ Sea Lion first oil target at Q1 2028

30 September 2026

London-listed Rockhopper Exploration has maintained its target of achieving first oil from the first phase of the Sea Lion development in the Falkland Islands during the first quarter of 2028.

Norway’s Aker Solutions wins expanded BP North Sea engineering contract

30 September 2026

Norway’s Aker Solutions has secured a three-year framework agreement to provide engineering and integrity services across BP’s North Sea portfolio, expanding an existing relationship between the companies.

Norway's Vår Energi completes $110mn Pandion oil and gas acquisition

30 September 2026

Norway’s Vår Energi has completed its $110mn acquisition of selected Norwegian assets from Pandion Energy, adding production, development projects and exploration acreage around its core Gjøa and Åsgard hubs.

Rain keeps Brazilian sugar mills focused on ethanol

30 September 2026

Brazilian sugar mills are expected to keep favouring ethanol over sugar through the end of the 2026 harvest, as excessive rainfall in the centre-south limits the amount of cane suitable for producing the sweetener.

Serbia extends Russian gas supply deal until year-end

30 September 2026

Serbia has extended its natural gas supply arrangement with Russia's Gazprom for three months until the end of the year under the same terms.

Serbia, Azerbaijan's SOCAR agree to develop 500 MW gas power plant

30 September 2026

Serbia's state power utility EPS, gas company Srbijagas and Azerbaijan's state oil and gas company SOCAR signed an agreement to establish a joint venture to develop a 500-megawatt combined-cycle gas power plant in the southern Serbian city of Niš.

Nigerian court orders regulator to keep issuing fuel-import licences to Matrix, AA Rano and AYM Shafa

30 September 2026

The ruling preserves a legal route for fuel imports as Nigeria reduces reliance on foreign supply, leaving NMDPRA to balance domestic refining, competition and supply security.

South Korea investment package turns towards Alaska LNG

30 September 2026

South Korea’s large US investment package is increasingly being directed towards Alaska LNG, potentially giving the long-delayed project a major new source of financing despite lingering questions over its commercial viability.

Qatar extends LNG force majeure as Asian buyers scramble for replacement supply

30 September 2026

QatarEnergy has extended LNG force majeure for key Asian buyers into November, forcing Pakistan, Bangladesh and India to seek costly replacement supply as damage to Qatari capacity compounds Hormuz disruption.

PTTEP sanctions Bussabong gas development off Thailand

30 September 2026

Thailand’s state oil and gas producer PTT Exploration and Production and Valeura Energy have taken a final investment decision on the first phase of the Bussabong gas development in the Gulf of Thailand, targeting first production by end of 2028.

Jordan raises petrol and diesel prices for October

30 September 2026

Jordan will raise the prices of both petrol grades and diesel by JOD0.050 per litre from October 1, while keeping the price of kerosene and the household LPG cylinder unchanged.

Timor-Leste weighs second LNG project using Bayu-Undan, Chuditch gas

30 September 2026

Timor-Leste is considering a second LNG project on its southern coast that could combine remaining gas from the depleted Bayu-Undan field with resources from the undeveloped Chuditch discovery.

Samsung Heavy nears completion of Petronas ZLNG unit

30 September 2026

Samsung Heavy Industries is nearing completion of Petronas’ third floating LNG facility, which will be deployed off Sabah in Malaysia.

Malaysia’s Petronas, Thailand’s PTTEP award $440mn Malaysian offshore oil work to Vantris Energy

30 September 2026

Malaysia’s Petronas, Thailand’s PTTEP award $440mn Malaysian offshore oil work to Vantris Energy

Malaysia’s Petronas advances Megah, Limbayong deepwater projects off Sabah

30 September 2026

Malaysia’s Petronas has completed a geohazard survey covering the Megah and Limbayong ultra-deepwater fields offshore Sabah, supporting engineering and development planning for the two projects.

Petrovietnam Gas returns to LNG spot market

30 September 2026

Petrovietnam Gas has returned to the spot LNG market seeking another cargo for its Thi Vai import terminal, as Vietnam combines short-term purchases with a growing portfolio of longer-term supply contracts.

South Korea's Hanwha Ocean wins $500mn order for two LNG carriers

30 September 2026

South Korea’s Hanwha Ocean has secured a KRW680bn order to build two LNG carriers for delivery by November 2029.

Brazil’s Ventura Offshore adds Indonesia deepwater well to SSV Catarina gas exploration campaign

30 September 2026

Brazil’s Ventura Offshore has secured an additional deepwater well offshore Indonesia for its SSV Catarina semi-submersible drilling rig, adding around $21.7mn to its firm backlog.

Shell charged over 2024 oil leaks in Singapore

30 September 2026

Shell has been charged in Singapore over two oil leaks at its former Pulau Bukom refining and chemicals complex in 2024, including allegations that it failed to report the incidents promptly.

Ukraine approves €45.75mn Deutsche Bank loan for Ukrnafta power plants

30 September 2026

Ukraine's government has approved the terms of a €45.75mn ($53.6mn) loan from Deutsche Bank to finance equipment for about 60 megawatts of distributed power generation at four sites operated by state-owned oil and gas producer Ukrnafta.