Industry News
Asian Energy Services secures $100m integrated service contract from Vedanta
Asian Energy Services has secured an integrated service contract worth Rs8.65bn ($100m) from Vedanta Limited.
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Industry News
Qatar warns of EU gas supply cuts over new sustainability law
Qatar has issued a warning to the EU, threatening to redirect its LNG exports to alternative markets if the EU does not amend its CSDDD.
Industry News
PTTEP acquires full control of MTJDA Block A-18, enhancing Thailand’s energy security
PTTEP has secured complete ownership of Block A-18 offshore gas block in the Malaysia–Thailand Joint Development Area (MTJDA).
Analyst Comment
Will we see a re-emergence of Syria’s oil and gas markets?
Syria is looking to improve its oil and gas infrastructure through the restoration of pipelines and ports and possibly a third refinery.
Industry News
Valero Energy reports decline in Q2 2025 profits
Valero Energy has declared a net income attributable to its stockholders of $714m, for the second quarter of 2025.
Industry News
Baker Hughes to supply DRAs to Genesis Energy
Baker Hughes has secured a multi-year agreement with Genesis Energy to supply DRAs for two vital offshore oil pipelines in the US Gulf Coast.
Analyst Comment
China to drive Asia’s conventional refinery capacity growth through 2030
Asia is poised to dominate global conventional refinery capacity additions, accounting for over 35% of the total capacity additions by 2030.
Industry News
Zefiro Methane subsidiary secures well plugging project in Ohio, US
Zefiro Methane’s subsidiary, Plants & Goodwin (P&G), has secured a new orphan well plugging project, Morrow 8, in Morrow County, Ohio, US.
Industry News
TotalEnergies’ quarterly earnings drop amid market challenges
TotalEnergies’ adjusted net income fell to $3.6bn for the second quarter of 2025, down from $4.7bn in the same period last year.
Industry News
Kazakhstan oil exports via Black Sea ports resume after temporary halt
Kazakhstan’s oil exports through the Black Sea ports have resumed following a brief halt, as Russia’s FSB security service begins granting clearance to foreign tankers.