Oil And Gas News


New Fortress Energy’s Mexico FLNG Unit Goes Offline

Oct 06, 2026

New Fortress Energy's Fast LNG unit offshore Altamira, Mexico, has gone offline following a mechanical problem with its gas turbine, with the company expecting the facility to return to service during the fourth quarter.NFE said it was working…

Chevron Names New Oil, Products and Gas President

Oct 06, 2026

Chevron’s Chief Financial Officer (CFO) Eimear Bonner will become president of the company's Oil, Products & Gas business from January 1, 2027, as part of a senior leadership reshuffle that will also install Jeff Gustavson as its new CFO.Bonner…

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

Oct 05, 2026

Yinson Production has signed a contract amendment with Eni for a major gas capacity upgrade of the John Agyekum Kufuor floating production, storage and offloading (FPSO) unit offshore Ghana.Under the amendment, signed on October 2, Yinson will…

Baker Hughes Joins Venezuela Gas Infrastructure Push

Oct 05, 2026

Baker Hughes has signed two agreements aimed at developing Venezuela's natural gas and energy infrastructure, including a partnership with state oil company PDVSA targeting gas production, processing, transportation and potential LNG exports…

Apache Workers Back Strike That Could Disrupt North Sea Pipeline

Oct 05, 2026

More than 160 offshore workers at Apache have backed strike action in a pay dispute that could disrupt operations at seven North Sea assets and potentially affect the Forties Pipeline System, trade union Unite said.The industrial action, which could begin in October…

Eco Atlantic’s Namibia Farm-Down to BP Clears Final Approval

Oct 02, 2026

Eco (Atlantic) Oil & Gas has received final ministerial approval to transfer a 60% participating interest in three exploration licenses offshore Namibia to BP, clearing the final governmental consent required for the transaction.The approval covers PEL97…

DNV Backs Blue Ammonia FPSO Concept from BW Offshore and McDermott

Oct 02, 2026

BW Offshore's blue ammonia floating production, storage and offloading (FPSO) concept, jointly developed with McDermott, has received Approval in Principle (AiP) from DNV, advancing the proposed offshore low-carbon ammonia production solution towards further design development…

LNG Flows Through Hormuz Hit Seven-Month High

Oct 02, 2026

The number of liquefied natural gas cargoes exiting the Strait of Hormuz rose in September to its highest monthly level since the US-Israeli war on Iran began, data from analytics firms show, despite persistent security worries and uncertainty…

ConocoPhillips Considers Norway Exit, Teesside Terminal Sale

Oct 02, 2026

ConocoPhillips is evaluating a potential sale of its Norway business and the Teesside asset in the UK after receiving an unsolicited offer, the US oil and gas producer said on Thursday.The company did not disclose the identity of the potential buyer or provide any financial details of the offer…

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

Oct 01, 2026

Inpex, Japan’s largest exploration and production (E&P) company, has acquired 50% participating interests in the Agung I and Agung II exploration blocks offshore Eastern Java, Indonesia, from BP’s subsidiaries.The interests were acquired through…

Serica Expands North Sea Oil and Gas Portfolio with Spirit Energy’s Assets

Oct 01, 2026

Serica Energy has completed the acquisition of a portfolio of Southern North Sea assets from Spirit Energy, adding around 10,000 barrels of oil equivalent per day of production and 18.7 million boe of proved and probable reserves.Serica made…

Thailand-Malaysia Gas Pipeline Temporarily Shut Over Inspection Issue

Oct 01, 2026

Malaysia's state energy firm PETRONAS said on Thursday that Trans Thai-Malaysia (Thailand), its joint venture with Thailand's, had temporarily shut the Songkhla Export Pipeline after identifying an issue during a routine inspection.The Songkhla…

Amplitude Energy Takes FID on Otway Gas Project, Sanctions Nestor Well

Sep 30, 2026

Amplitude Energy has taken a final investment decision (FID) on the development phase of its East Coast Supply Project (ECSP) in Australia's Otway Basin, targeting first gas in 2028 and gross production of up to about 90 terajoules per day.The…

Petrobras Signs Long-Term LNG Supply Deal with Cheniere

Sep 30, 2026

Petrobras has signed a 22-year liquefied natural gas (LNG) purchase and sale agreement with U.S. LNG exporter Cheniere for 0.8 million tonnes per annum of LNG.The Brazilian state-run company signed a deal with Cheniere Marketing, a subsidiary of Cheniere Energy…

Qatar's UCC Eyes Expansion into Venezuelan Oil and Gas

Sep 30, 2026

Qatari producer UCC Oil and Gas Holding is in talks for its possible entrance into new fields in Venezuela, the company's head of Upstream, Erik Keskula, said on Tuesday at a conference in Caracas.UCC, British BP and XRG, a unit of United Arab Emirates' state company ADNOC…

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