OTC Asia 2026

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      U.S. Hit Record Natural Gas Production in 2025, says EIA

      The Energy Information Administration (EIA) reported that the United States achieved record natural gas production in 2025, with marketed output rising by 5.3 billion...

      Seatrium Achieves First Gas Injection for Petrobras P-78

      Seatrium Limited,  on 11th March 2026, announced the successful first gas injection for the PETROBRAS 78 (“P-78”) on 2 March 2026. The achievement came...

      TotalEnergies Begins Production at Lapa Southwest Project

      TotalEnergies has announced the start-up of the Lapa Southwest project offshore Brazil, marking another step in the development of the Lapa field in the...

      U.S. Issues 30-day Sanctions Waiver for Russian Oil at Sea

      The United States of America has introduced a 30-day sanctions waiver allowing countries to purchase sanctioned Russian oil and petroleum products that are currently...

      China Imposes Ban on March Fuel Exports Amid Oil Disruption

      China has introduced a ban on March fuel exports as authorities move to prevent a potential domestic fuel shortage linked to the U.S.-Israeli war...

      U.S. to Release 172 Million Barrels of Oil to Calm Market

      The U.S. will release 172 million barrels of oil from the Strategic Petroleum Reserve, a step aimed at easing energy costs as the Iran...

      IEA Announces Largest Oil Stock Release Amid Mideast War

      The 32 Member countries of the International Energy Agency (IEA) agreed unanimously on 11th March 2026 to place 400 million barrels of oil from...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

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      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...