Shell has agreed to sell its entire interest in Shell Nigeria Gas Group to Nigerian energy company Vaaris Energy as part of its strategy to simplify its portfolio and focus on deepwater and integrated ...

TotalEnergies forecasts a third-quarter hydrocarbon production of 2.45 to 2.50 million barrels of oil equivalent per day, marking over 4% growth year-over-year, surpassing its annual guidance of 3%.

Topsoe has signed a licensing agreement with Bharat Petroleum Corporation Ltd (BPCL) to enable sustainable aviation fuel (SAF) production at its Mumbai Refinery. BPCL is revamping its existing ...

Crude oil inventories in the U.S. dropped significantly by 11.12 million barrels for the week ending October 9, as reported by the American Petroleum Institute (API). This follows a prior decrease of ...

The International Energy Agency (IEA) warned that global diesel markets could remain tight into 2027 as conflicts disrupt supplies from the Middle East and Russia. Combined diesel export losses ...

Saudi Aramco’s Huajin Aramco Petrochemical Company (HAPCO) joint venture in Panjin, northeast China, has received its first cargo of Saudi crude ahead of start-up. The refinery has a processing ...

TC Energy has completed an investment agreement granting five First Nations communities in British Columbia, Canada, an economic interest in its Coastal GasLink (CGL) pipeline through the ...

PetroChina, Asia’s largest oil and gas producer, officially launched PetroChina Specialty Fuels and Materials Co in Beijing on Monday to expand its marketing of higher-value petroleum products. The ...

OPEC forecasts a significant increase in global oil demand, projecting growth of 2.6 million barrels per day (bpd) in 2027, following a modest rise of just 200,000 bpd in 2026. This increase will ...

BP expects to record $3 billion–$4.5 billion in post-tax impairment charges in Q3 2026, mainly affecting its gas and low-carbon energy assets. However, stronger refining margins are expected to boost ...

Taiwan has committed to invest up to $4.4 billion in the Alaska LNG project, agreeing to purchase 30% of its output for 20 years, as announced by President Trump during a rally in Alaska on October 14 ...

Nigeria’s Dangote Petroleum Refinery reported a net profit of $4.73 billion for the first nine months of 2026, a turnaround from a $117.2 million loss in the same period last year. Revenue surged to ...