Shell to increase LNG capacity in line with expected demand growth
19/06/2025 by Daniel Tait
The world’s biggest trader of liquified natural gas (LNG), Shell, has said it expects to add 12 million tons of extra capacity by 2030.
OPEC boss points to continued growth in oil demand
18/06/2025 by Jay Hatton
In a keynote speech, Haitham Al Ghais, the secretary general of OPEC, has disputed notions of oil demand peaking anytime soon.
Bohai Sea to get largest new platform to date
16/06/2025 by Thomas Clark
Chinese state-owned oil and gas company CNOOC has announced the installation of the largest platform yet seen in the Bohai Sea.
MIT proposes efficient approach for fractioning crude oil
13/06/2025 by Cameron Clarke
Researchers at the Massachusetts Institute of Technology (MIT) have come up with an alternative approach for fractioning crude oil that potentially uses less energy.
BP extends presence in Azerbaijan
12/06/2025 by Daniel Tait
UK-based supermajor BP has signed a number of agreements to progress its production capacity and exploration efforts in Azerbaijan.
OPEC+ expected to stop hiking production
10/06/2025 by Joel Thompson
Multinational investment bank Goldman Sachs expects the OPEC+ group to cease increasing production after August.
OEUK calls for North Sea windfall tax to be ditched
09/06/2025 by Thomas Clark
Trade association Offshore Energies UK (OEUK) has called for the Energy Profits Levy (EPL) to be removed by the end of the year.
TotalEnergies announces production at Mero-4 offshore Brazil
05/06/2025 by Thomas Clark
The fourth stage of development for the Miro field offshore of Brazil has begun production, according to France-based energy company TotalEnergies.
Analysts claim that Permian "still has a way to go"
04/06/2025 by Daniel Tait
According to analysts at Wood Mackenzie, the prolific Permian Basin of West Texas and New Mexico still has more than a decade of high production.
Asset sales being considered by Saudi Aramco
03/06/2025 by Joel Thompson
Reuters is reporting two unnamed sources familiar with the matter as saying that oil giant Saudi Aramco is considering selling assets to generate funds.
ExxonMobil and PetroVietnam to boost deal amid trade negotiations
30/05/2025 by Joel Thompson
PetroVietnam, the state-owned energy company, is looking to revise its deal with ExxonMobil as part of wider efforts to find a deal with the US administration.
UK petrol prices may fall if oil production increases
29/05/2025 by Thomas Clark
UK motorists may see their fuel prices drop further if OPEC+ decides to go for another big increase in July.