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Equinor, Aker BP to Boost Norwegian Continental Shelf Output

Equinor and Aker BP have agreed on a strategic...

Devon Energy Tops Bid at Record $4B U.S. Oil and Gas Auction

The U.S. Bureau of Land Management reported that Devon...

Nigeria Rushes Towards 100,000 BPD Increase in Oil Output

Nigeria is actively enhancing its crude oil production capabilities,...

Indonesia Outlines Strategy for Fair Oil and Gas Investment

The Indonesian government has reaffirmed its dedication to fostering...

Offshore Energy Transition Strategies in Asian Markets

The shifting landscape of Asian offshore energy markets focuses on low carbon development and offshore electrification to align traditional oil and gas operations with global sustainability targets. This transition is characterized by a dual-track approach that integrates renewable infrastructure with decarbonized fossil fuel extraction to maintain regional energy security.

Indonesia and Saudi Sign $27B Oil and Gas Investment Deals

During Indonesian President Prabowo Subianto's visit to Saudi Arabia this week, the two countries inked preliminary agreements for investments totalling $27 billion in oil,...

Madura BD Gas and Condensate Field Development, Indonesia

The Madura BD gas field is located in the Madura Strait production sharing contract (PSC), offshore East Java, Indonesia, approximately 65km east of Surabaya...

Abadi Gas Field, Indonesia

The Abadi gas field is situated in the 3,221km² Masela block in the Arafura Sea, Indonesia. The field lies in water depths ranging 984ft-3,281ft....

KrisEnergy starts seismic programmes in Sakti PSC, Indonesia

Singapore-based oil and gas firm KrisEnergy has started seismic programmes in its Sakti production sharing contract (PSC) offshore East Java, Indonesia.   The 1,200km...

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Global LNG Supply Excess Could Shrink the Prices By 2026

The global LNG supply is increasing, and the growth...

Natural Gas Price Forecast Tagging a 50-Day Average

Natural gas saw a dip on December 12, 2025,...

India Imports ₹3.3 bn Russian Fossil Fuels in November 2025

In recent news, India went on to import ₹3.3...

State-Owned Saudi Oil Firm Aims Selling Range of Assets

Aramco from Saudi Arabia is actually giving consideration to...
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