Category: Industry News

TechnipFMC saw its order backlog increase 17.2% to $15.82bn in the first quarter of 2025, compared with $13.49bn in the same period last year.

Orlen and Naftogaz of Ukraine have signed a new agreement for the supply of an additional 100mcm of natural gas to Ukraine.

Guyana has reported a 3% increase in oil production in March, reaching an average of 631,000bpd, compared to the same period last year.

Eni has confirmed an oil discovery at the Capricornus 1-X well in the Orange basin offshore Namibia.

Valero Energy has announced the impending closure of its Benicia and Wilmington refineries in California.

Ecopetrol has initiated a joint plan to ensure the continuity of its gas projects in the southern Caribbean, following Shell’s decision to withdraw.

The US DOI has announced a policy update that could significantly increase offshore oil production in the Gulf of America.

India and Saudi Arabia have agreed to deepen their energy partnership by reaching an accord to set up two oil refineries in India.

EnQuest and its joint venture partners have won two production sharing contract (PSC) blocks in Papua Barat, Indonesia.