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Australia’s Santos faces regulatory scrutiny over Barossa gas flaring
Australian energy producer Santos is facing renewed regulatory scrutiny over excessive gas flaring and fuel consumption at its $5.6bn Barossa LNG development.
Indonesia-focused Searah targets three Kutei Basin gas developments for start-up in 2028–29
Eni and Petronas joint venture Searah is targeting the start-up of three major gas developments in Indonesia's offshore Kutei Basin during 2028–2029, as the partners seek to substantially increase production and support LNG exports.
MedcoEnergi signs three gas supply agreements to strengthen Indonesia's domestic market
Indonesia's MedcoEnergi and its upstream partners have signed three natural gas supply agreements covering production from the Sakakemang, South Sumatera and Senoro-Toili blocks.
Profit at India’s GAIL more than doubles as gas marketing earnings surge
India's state-owned GAIL more than doubled its net profit in the July–September quarter, supported by stronger natural gas marketing revenues as domestic demand recovered from disruptions caused by the Middle East conflict.
Indonesia’s PGN reports 17% increase in nine-month profit as gas earnings improve
Indonesia's state-controlled gas distributor Perusahaan Gas Negara reported a 17.3% year-on-year increase in consolidated net profit to $397.3mn during the first nine months of 2026.
Malaysia's T7 Global wins three-year offshore contract from Petronas–Eni venture
Malaysia's T7 Global has secured a three-year contract to provide offshore hook-up and commissioning services for Searah, the oil joint venture between Petronas and Italy's Eni.
BP and Inpex prepare seismic surveys offshore Indonesia in November
BP and Japan's Inpex are preparing to launch seismic surveys offshore Bali in November as part of efforts to identify new oil and gas reserves in Indonesia.
Indonesian petchem firm Chandra Asri profits plunge despite 60% revenue growth
Indonesia's Chandra Asri Pacific reported a 76.1% year-on-year decline in net profit to $394.9mn during the first nine months of 2026, despite a sharp increase in revenue.
Indonesia considers more competitive fiscal incentives to attract upstream investors
Indonesia is considering more competitive fiscal incentives for oil and gas producers as it seeks to attract international investment and reverse declining domestic production.
Petronas, Chevron and TotalEnergies eye new Indonesian exploration opportunities
Malaysia's Petronas, US major Chevron and France's TotalEnergies are considering new oil and gas exploration partnerships in Indonesia, as Jakarta seeks to attract international investment into its upstream sector.
Singapore oil product inventories rise as distillate stocks recover
Singapore's onshore petroleum product inventories increased by 0.9% week on week to 38.49mn barrels in the week ending October 28, supported by higher gasoline, diesel and jet fuel stocks.
Indonesia's Pertamina Drilling seeks expansion opportunities in five ASEAN countries
Indonesia's Pertamina Drilling Services Indonesia is exploring opportunities to expand its oil and gas drilling operations into five Southeast Asian countries as part of efforts to diversify its business beyond its domestic market.
Putin warns Europe faces rising costs from excluding Russian gas
Russian President Vladimir Putin has warned that efforts to exclude Russia from international gas markets will increase energy costs for European businesses and households, arguing that the EU is damaging its own economic competitiveness.
Russia claims US interested in using Novatek LNG technology in Alaska
Russia and the US are discussing the potential use of Russian LNG technology for a liquefaction project in Alaska, according to Kremlin deputy chief of staff Maxim Oreshkin.
World Bank warns Russian gas phase-out could drive European prices higher
European gas prices could face further upward pressure as the EU phases out Russian supplies, with the World Bank warning that difficulties securing replacement volumes could intensify competition with Asia for LNG.
Kremlin urges Europe not to rule out return to Russian gas
The Kremlin has urged European countries not to permanently rule out resuming Russian gas imports, arguing that abandoning cheaper Russian supplies has damaged the continent's economic competitiveness.
First Oil investors face RUB8bn claim as Russian producer's financial crisis deepens
The collapse of a small Russian oil producer has triggered a multibillion-rouble legal battle involving Kazakh investors, highlighting the financial pressures facing independent operators amid sanctions, high borrowing costs and mounting debt.
Russia's fuel crisis spills into petrochemicals as feedstock shortages deepen
Russia's efforts to protect gasoline supplies are squeezing its petrochemical industry, with benzene and styrene shortages driving up prices and disrupting output. November could bring relief, but the market remains vulnerable to further refinery.
Russia says no talks underway on return of ExxonMobil and Chevron
Russia is not currently negotiating the return of US oil majors ExxonMobil and Chevron to its oil and gas projects.
Russia restricts access to oil export and refinery data
Russia has introduced restrictions on the disclosure of oil and petroleum product export data, refinery operations and fuel trading information, further limiting transparency in the country's energy sector.
Azerbaijan's crude exports to Switzerland triple but shipments stall
Azerbaijan's crude oil exports to Switzerland tripled in volume during the first nine months of 2026, although customs data indicate no additional shipments were recorded during August and September.
SOCAR Polymer exports fall despite growth in Azerbaijan's non-oil trade
Azerbaijan's SOCAR Polymer recorded a 4.8% year-on-year decline in export revenues during the first nine months of 2026, despite strong growth in the country's wider non-oil export sector.
Turkmenistan and Iran discuss expanded energy cooperation
Turkmenistan and Iran have discussed expanding cooperation in the energy sector, including opportunities for joint projects, as the two neighbours seek to strengthen economic ties.
Kazakhstan’s KazMunayGas receives first Chinese equipment for Zhanaozen gas plant
Kazakhstan's KazMunayGas has received the first shipment of Chinese-manufactured equipment for its new gas processing plant in Zhanaozen, marking another step towards completion of the 900mn cubic metre (mcm)-per-year facility.
Trump says Venezuela sent 1mn barrels of oil as a ‘gift’
US President Donald Trump said Venezuela had sent a tanker carrying 1mn barrels of crude oil as a “gift,” as his administration moves to expand American control.
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