Oil And Gas News


Sempra Seeks Permits for Major LNG Expansion Project in Texas

Aug 27, 2026

Sempra Energy's unit Port Arthur LNG has started the federal permitting process for a major expansion of its liquefied natural gas export operations in Southeast Texas, according to a regulatory filing made on Wednesday.The proposed Port Arthur…

TotalEnergies Exits Russia’s Arctic LNG 2 Project

Aug 27, 2026

TotalEnergies has completed the transfer of its 10% interest in Russia's Arctic LNG 2 project to NordLine, a subsidiary of Russian gas producer Novatek, and is no longer a shareholder in the project.The transfer follows TotalEnergies' announcement of its second-quarter 2026 results…

US Set to Streamline Environmental Reviews for Alaska Oil and Gas Drilling

Aug 27, 2026

The U.S. Interior Department is preparing to ease environmental review requirements for some oil and gas exploration activities in Alaska's National Petroleum Reserve as part of the Trump administration's push to speed energy development in the Arctic…

Strait of Hormuz Shipping Marks Slight Rise

Aug 27, 2026

Shipping traffic at the Strait of Hormuz rose slightly even as a standoff persisted between the United States and Iran, data showed on Thursday, while the market monitored Iran-Oman talks about the waterway.Visible commodity vessel transits at Hormuz totalled 10 on Wednesday…

China's CNOOC Posts Record First-Half Profit

Aug 26, 2026

Chinese offshore oil and gas major CNOOC posted a record first-half net profit on Wednesday, as higher oil prices driven by the Iran war and rising production boosted earnings.Net profit attributable to shareholders rose 23.4% to 85.8 billion yuan ($12…

Solstad’s Normand Valiant CSV Hooks $62M Contract with Petrobras

Aug 26, 2026

Petrobras has signed a two-year contract for the Normand Valiant construction support vessel (CSV), owned by Solstad Maritime (SOMA).The contract is expected to start in fourth quarter 2026 in direct continuation of the current agreement and subsequent class renewal…

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Aug 26, 2026

BP has completed a planned maintenance program on the Central Azeri platform in Azerbaijan's Azeri-Chirag-Deepwater Gunashli (ACG) field ahead of schedule.The turnaround began on August 19 and was originally scheduled to last 11 days. BP said…

Orlen Eyes Acquisitions, New Projects in Norway to Bolster Production

Aug 26, 2026

Polish energy group Orlen aims to double production from its operations on the Norwegian continental shelf, one of its growth areas, through exploration and acquisitions, its upstream chief told Reuters.Wieslaw Prugar in an interview on the…

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Aug 26, 2026

Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.Brent crude futures LCOc1 fell $2…

Aker BP Brings Three Skarv Satellite Fields On Stream

Aug 26, 2026

Aker BP has started production from the Skarv Satellite Project in the Norwegian Sea, bringing the Alve Nord, Idun Nord and Ørn fields on stream one year ahead of their original schedule.The three fields, located near the Skarv field, have been developed as separate subsea projects…

Eni, BP to Reach Decision on Offshore Egypt Gas Discovery in Coming Months

Aug 25, 2026

Eni is working with BP and Egyptian Petroleum Corporation (EGPC) to reach a final investment decision in the next few months regarding Egypt's recent-discovered gas fieldDenise West, the Italian energy group said on Tuesday.First gas from the offshore gas discovery…

New Troll Project Start Up Boosts North Sea Gas Production

Aug 25, 2026

Production has started from the Troll Phase 3 Stage 2 subsea project in the North Sea, adding gas supply to the 30-year-old Troll A platform and the Kollsnes processing plant.The project started production on August 22 and is designed to accelerate…

Spirit Energy Completes Major North Sea Decom Campaign (Video)

Aug 25, 2026

UK-based oil and gas company Spirit Energy has completed a $55 million (£40 million) decommissioning campaign in the UK North Sea, plugging and abandoning three subsea wells and removing more than 234 tonnes of subsea infrastructure.The campaign…

MacGregor Advances Floating-to-Floating Transfer and LCO2 Systems

Aug 25, 2026

MacGregor has expanded its offshore technology portfolio with a certified floating-to-floating personnel transfer capability for its Horizon gangway and a new bow transfer system designed for direct ship-to-well transfer of LCO2.The Horizon…

US Court Rejects Challenge to Trump’s Offshore Drilling Expansion

Aug 25, 2026

An Alaska federal judge on Monday threw out a lawsuit by environmental groups challenging President Donald Trump’s move to allow offshore drilling along broad swaths of previously protected coastline.U.S. District Judge Sharon L. Gleason found the lawsuit by groups…

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