OTC Asia 2026

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      Egdon finds gas at Wressle-1 exploration well in UK

      Exploration Development
      Egdon Resources has revealed a gas pay zone at the Wressle-1 well, onshore England, UK. The well, located in Lincolnshire licence PEDL 180, confirmed...

      Russia may accept majority Chinese control of big oil and gas fields

      Europe
      Russia may consider allowing Chinese investors more than 50 percent stakes in its strategic oil and gas fields, an official said on Friday, an...

      San Leon Energy makes first commercial gas discovery in Poland

      Exploration Development
      European shale gas firm San Leon Energy has made its first commercial gas discovery in Poland. Rawicz-12, an appraisal well in south-western Poland, flowed...

      India to set up strategic Crude Oil reserves of 5.33MMT

      Asia Pacific
      In a bid to enhance energy security, India is setting up Strategic Crude Oil Reserves of 5.33 Million Metric Tonnes (MMT) at three locations...

      Gazprom Neft to Move Operations From Austria Back to Russia

      Europe
      Gas giant Gazprom’s oil arm is shifting its trading operations from Austria back to Russia, it said, with industry sources saying the firm wanted...

      Chevron to sell 50% stake in Caltex Australia

      Asia Pacific
      Energy firm Chevron has agreed to sell its 50% stake in oil refining and marketing firm Caltex Australia. A range of Australian and worldwide...

      Gazprom Neft to carry out seismic survey in Halabja block, Iraq

      Exploration Development
      Gazprom Neft Middle East will carry out a 2D seismic survey on the south-eastern section of the Halabja block in Iraqi Kurdistan. The company...

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