Latest Stories

Philippines eyes blacklisting power firms over recurring blackouts

19 August 2026

The Philippine Department of Energy (DOE) is considering a three-strike policy against non-compliant generation companies to tackle sustained power deficits that have forced main regional grids into yellow and red alerts.

Vietnam oil and gas sector enters new investment cycle

19 August 2026

Vietnam’s oil and gas industry is entering a fresh investment phase as declining output from ageing fields drives demand for new developments.

Myanmar offers cheaper night-time power for large industries

19 August 2026

Myanmar is cutting electricity prices for major industries that shift their power use to night-time.

Russia’s second domestic ice-class LNG carrier departs on Northern Sea Route

19 August 2026

Russia’s second domestically-built Arc-7 ice class tanker has begun transiting the Northern Sea Route.

Golar LNG purchases fourth FLNG unit

19 August 2026

Marine infrastructure firm Golar LNG has placed an order for its fourth FLNG unit.

Venezuela oil revival draws controversial intermediary to Washington

18 August 2026

Alejandro Betancourt, a Venezuelan businessman and major shareholder of North American Blue Energy Partners, has become an important intermediary in Washington’s effort to draw US investment into Venezuela’s oil industry

India remains uncertain about LNG supply from Qatar

18 August 2026

Petronet is sounding the alarm as QatarEnergy examines its force majeure status on a month-to-month basis.

Turkey says Diyarbakir field could pump three times as much oil as Gabar

18 August 2026

Turkey believes an oil field in Diyarbakir province could produce two to three times as much crude as Gabar, its largest onshore field.

Venezuela refinery output rises as PDVSA says gasoline needs are met

18 August 2026

Venezuela’s state oil company is processing about 350,000 barrels of crude a day at its refineries, enough to cover domestic gasoline consumption, according to PDVSA president Hector Obregon

India’s ONGC gets US licence to return to Venezuela oil projects

18 August 2026

India’s biggest oil and gas producer is preparing to deepen its involvement in Venezuela after receiving authorisation from the US Office of Foreign Assets Control, according to Indian media reports

Hellish scenes in Cyprus as Turkey’s problem with mountains of imported plastic waste washes ashore

18 August 2026

Mounting pollution on northern Cypriot beaches show spillover costs of Ankara’s ambition to dominate Europe’s waste-processing trade.

Origin of recent Central Asian blackout pinpointed

18 August 2026

Outage highlights shortcomings in regional grid.

Norwegian data group TGS makes strategic pact with Chevron

18 August 2026

Norwegian energy data group TGS has entered a strategic partnership with Chevron to develop next-generation seismic imaging technology, including advanced full waveform inversion and machine-learning applications.

Poland's Orlen hires Noble jack-up for Norwegian oil drilling

18 August 2026

Polish energy group Orlen has contracted Noble Corporation's Noble Intrepid jack-up rig to drill an exploration well on the Norwegian Continental Shelf in 2027.

UK's Global sets up new energy commissioning business in Aberdeen

18 August 2026

UK-based energy infrastructure services group Global has launched a new commissioning business in Aberdeen, targeting 25 hires by the end of 2026 after already securing contracts with two clients.

Natural gas emerges as potential power source for Africa’s data centre growth

18 August 2026

Natural gas is emerging as a potential source of reliable electricity for Africa’s expanding data centre industry, as operators face weak national grids and rising power requirements from artificial intelligence workloads.

Iran security chief mocks Trump's claim of ownership over Strait of Hormuz

18 August 2026

Iran's security chief has dismissed Donald Trump's declaration that the Strait of Hormuz is US territory, saying Washington cannot even reopen the waterway, and welcoming the US to a "post-American order" in the Gulf.

Decision time for UK's Rosebank and Jackdaw fields nears after public consultation ends

18 August 2026

Two of the UK's largest new offshore oil and gas projects have moved closer to fresh government approvals after public consultations closed on Adura's Rosebank and Jackdaw developments.

UAE says two Iranian ballistic missiles fell in and near its waters

18 August 2026

The UAE says it detected two ballistic missiles launched from Iran on August 18, one falling outside its territorial waters and one within. Neither hit land. Iran has not commented.

NEO NEXT+ wraps up takeover of UK North Sea player Deltic Energy

18 August 2026

NEO NEXT+ Energy Upstream UK, a joint venture between TotalEnergies, Norwegian private equity firm HitecVision and Spain’s Repsol, has completed its $9.5mn acquisition of North Sea explorer Deltic Energy.

Poland's ORLEN gets certification for using renewable feedstocks at Plock oil refinery

18 August 2026

ORLEN has secured certification under the Oil and Gas Institute’s KZR INiG sustainability scheme for processing renewable feedstocks at its Plock refinery.

Norwegian oil and gas firms jack up investment forecasts for next two years

18 August 2026

Norwegian oil and gas companies have raised their investment forecasts for both 2026 and 2027, with higher production drilling activity helping to sustain spending as several major offshore developments approach completion.

Gunvor's petroleum storage facility in Rotterdam explodes

18 August 2026

The cause of the Gunvor blast remains under investigation.

North Sea operators ink charter on fast-tracking oil and gas decommissioning

18 August 2026

Seventeen North Sea operators have signed a new charter aimed at accelerating the decommissioning of ageing oil and gas wells, as the UK regulator warns that a backlog of around 500 inactive wells could swell sharply over the coming years.