OTC Asia 2026

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      Inpex wins approval to explore Beetaloo Basin in Australia

      Exploration Development
      Japanese oil firm Inpex has secured approval from Australia's Northern Territory Government to explore the onshore Beetaloo Basin. The acreage EPNT14-1 is located in...

      Aminex says South Malak-2 declared discovery well in Egypt

      Exploration Development
      The Egyptian Ministry of Petroleum has declared the South Malak-2 (SM2) well at the West Esh el Mellaha-2 concession in the country as a...

      Ineos and IGas Energy ink farm-out deal

      Downstream
      Petrochemicals firm Ineos and IGas Energy have signed a farm out and purchase agreement, under which the former will acquire interest in the latter's...

      Power consortium for Ghana 1000 project signs LNG supply deal with Shell

      Downstream
      Endeavor Energy, General Electric (GE), and their consortium partners, have agreed to a supply term sheet with Shell and entered into exclusive sale and...

      Saudi to hike April crude OSPs for Asia

      Downstream
      Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades to Asia in April,...

      Shell to buy 80% stake in Northern Petroleum’s onshore Italian permit

      Downstream
      Shell has agreed to acquire an 80% operatorship interest in Northern Petroleum's Cascina Alberto permit, onshore north-west Italy. Shell has agreed to pay Northern...

      Becht Engineering Co. acquires The CECON Group

      America
      Becht Engineering Co., Inc., has announced that it has acquired The CECON Group, Inc. Terms of the transaction were not announced. Becht Engineering provides...

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