OTC Asia 2026

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      Var Energi revamps oil spill detection technology on assets off Norway

      Norway’s oil and gas player Var Energi has hired Vissim, a software developer and turnkey sensor and infrastructure provider for advanced marine optimization systems,...

      Marathon Oil and Glencore ink LNG sales agreement in Equatorial Guinea

      Marathon Oil has entered into an LNG sales agreement with Glencore for the Alba field in Equatorial Guinea, effective from next year. Through its wholly-owned...

      Tourmaline to increase natural gas production with $1.1 billion Bonavista acquisition

      Tourmaline Oil Corp. agreed to buy Bonavista Energy Corp. for about C$1.5 billion ($1.1 billion) in cash and stock to increase its presence in...

      Equinor and OMV agree new long-term gas sales agreement

      Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV. The agreement is for 5 years starting 1 October...

      Kolibri wells in Oklahoma’s Tishomingo field producing over 600 boed

      Kolibri Global Energy reported that its latest set of down-spaced wells in the Tishomingo field, Oklahoma, are yielding higher production rates compared to its...

      Exxon, Amazon awarded slice of $7 billion federal funding for U.S. hydrogen projects

      Hydrogen projects involving Amazon.com Inc., Exxon Mobil Corp. and Air Products and Chemicals Inc. are among those receiving portions of $7 billion in U.S....

      NG Energy expects eight-fold increase in Colombian natural gas production in 2024

      NG Energy International Corp. expects an eight-fold boost in its natural gas production in Colombia after a new field begins production next year. The Toronto-based...

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