Latest Stories

Syria sets route for Iraqi oil tankers heading to Baniyas

30 August 2026

Syria’s Internal Security Command in Homs has designated a specific route for Iraqi oil tankers travelling to the Baniyas refinery, adding three main junctions along the Homs-Baniyas road to help regulate tanker traffic.

US imports of Iraqi crude fall to zero in latest August data

30 August 2026

US imports of Iraqi crude fell to zero barrels per day (bpd) in the last week of August, down from 6,000 bpd a week earlier.

Iraq PM urges swift start to strategic oil export pipeline project

30 August 2026

Iraqi Prime Minister Ali al-Zaidi urged the strategic importance of a planned crude oil export pipeline, saying the project would diversify the country’s export routes and strengthen its oil export capacity.

QatarEnergy extends force majeure on LNG deliveries to Italy’s Edison

30 August 2026

Gulf LNG producer QatarEnergy has prolonged its force majeure status on deliveries of LNG cargoes to Edison until November.

Denmark’s Fayard shipyard receives third Russian LNG tanker

30 August 2026

Danish shipyard is last to continue servicing Russian LNG vessels after France’s Damen Shiprepair Brest halted maintenance work in August 2025.

Creditors form committee to prepare for Venezuela debt restructuring

30 August 2026

Companies with unpaid claims against Venezuela are forming a committee to coordinate their interests ahead of the country’s planned debt restructuring, according to the group’s legal and financial advisers

India’s ONGC plans $200mn Venezuela oilfield revival after US license

30 August 2026

ONGC is betting $200mn on a sharp recovery in production from Venezuela’s San Cristobal oilfield, with a goal of eventually taking output back to levels last seen before sanctions and years of underinvestment

Russia's Putin to press Xi on Power of Siberia 2 at Bishkek summit

29 August 2026

Russia and China will take up the stalled Power of Siberia 2 gas pipeline when Vladimir Putin meets Xi Jinping in Bishkek on August 31.

Serbian businessman reiterates interest in buying sanctioned oil firm NIS

29 August 2026

Ranko Mimović has reiterated his interest in buying a majority stake in Russian-owned Oil Industry of Serbia (NIS) and said he has discussed crude oil supplies to its Pančevo refinery with Croatian pipeline operator JANAF.

Serbia's NIS gets US licence extension as MOL-Gazprom deal nears final stage

29 August 2026

The US Treasury has extended NIS's operating licence until September 30, allowing the Russian-owned company to continue operating its refinery and importing crude, as talks over the sale of its Russian stake entered their final stage.

Trump announces deal giving US majority stake in Venezuelan oilfields

29 August 2026

Washington-backed venture to take majority stake in 17 fields as Caracas seeks investment to revive its ailing oil industry and Trump faces pressure over petrol prices.

Argentina’s LNG projects seek $17bn in international financing

29 August 2026

Two major Argentine liquefied natural gas (LNG) projects are seeking up to about $17bn in international financing as developers move to build infrastructure to turn Vaca Muerta’s gas resources into large-scale exports.

Permafrost is thawing on every continent that has it

29 August 2026

Frozen ground is thawing deeper each summer almost everywhere it has been measured, according to the first global assessment of long-term monitoring data.

Europe is heading into winter waiting for Qatari gas that is not coming back

29 August 2026

Europe's gas traders have spent the summer betting that the Gulf war would end in time. It has not, and the bill for that bet falls due in November.

Predator Oil & Gas prepares for onshore Moroccan MOU-6 drilling

28 August 2026

Drilling plans for the MOU-6 well in Morocco are moving forward after Predator Oil & Gas (LSE:PRD) completed civil engineering work on the well pad and received crucial perforating gun explosives at a local port

Brazil sets September deadline for biomethane rules

28 August 2026

Brazil’s oil and gas regulator ANP plans to publish in early September rules governing certification for issuers of Biomethane Certificates of Guarantee of Origin (CGOB), a step needed before the market can begin trading the credits.

Búzios field pushes Brazil gas exports to new high

28 August 2026

Petrobras’ Búzios field set new monthly and daily records for natural gas exports in July and August, as output from existing offshore platforms increased.

Russia's Novatek holds its dividend flat as 1H26 profit falls 9%

28 August 2026

Russia's largest independent gas producer Novatek (MOEX: NVTK) will pay its shareholders exactly what it paid them a year ago, even though the profit behind the payment has shrunk.

Energean in talks to acquire BP’s Egyptian assets in potential $1bn deal

28 August 2026

London-based gas producer Energean is in exclusive talks to acquire a portfolio of BP's Egyptian upstream oil and gas assets in a deal that could generate around $1bn for the British energy major

Egyptian Petrojet secures $22.7mn gas pipeline contract in Jordan

28 August 2026

Egyptian energy services contractor Petrojet signed a $22.7mn Engineering, Procurement and Construction (EPC) contract to deliver a natural gas supply project for the Muwaqqar Industrial Development Zone south of Amman