Companies

Chevron has requested to submit an opinion about a possible delay in the start-up of Venture Global’s second LNG plant, as the supermajor worries any delay would interfere with its delivery plans under a long-term contract with Venture Global. Venture Global has requested regulatory authorities to postpone the official commissioning …

The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from August as the alliance last month completed the unwinding of 2.2 million bpd cuts that began in April this year. Total OPEC+ crude oil production averaged 43.05 million barrels per day (bpd) …

Saudi Aramco can sustain its oil production at its maximum capacity of 12 million barrels per day (bpd) for a year without additional investments, Amin Nasser, the chief executive of the Saudi state oil giant said at the Energy Intelligence Forum in London on Monday. Concerns have emerged among analysts …

The world’s next liquefied natural gas (LNG) boom is already priced in—but according to Adnoc Gas CEO Fatema Al Nuaimi, the coming wave of supply won’t crush the market. It will create it. Speaking this week, Al Nuaimi said falling prices from the surge in new projects—many set to come …

BP announced, in a statement posted on its website on Thursday, that it has started up its sixth “major” upstream oil and gas project of 2025. That project is the Murlach field in the UK North Sea, the statement pointed out, adding that the development adds a peak net production …

Strong gas trading, higher upstream production and liquefaction volumes, and increased refining margins are expected to boost Shell’s third-quarter earnings, the supermajor said in a trading update on Tuesday. Shell said in its third quarter 2025 update note that trading and optimization in its Integrated Gas division is expected to …

Eni SpA has resumed exploration in Block 16/4 in waters northwest of Libya after a five-year pause, the North African country’s National Oil Corp (NOC) said. “This comeback includes re-entering the exploratory well C1-16/4 (also known as BESS-3), where drilling operations were previously halted in 2020 due to the COVID-19 …

QatarEnergy struck a deal with Shell to buy a 27% interest in the North Cleopatra offshore oil and gas block in Egypt, with Shell retaining 36% in the block. The deal is pending the approval of the Egyptian government. The Qatari state energy major has been expanding in Egypt alongside …

China’s network of subsea pipelines has reached a total length of 10,000 kilometers, CNOOC reported this week. The news was hailed by media as a milestone in offshore oil and gas development in the world’s largest importer of energy commodities as it seeks to change that status. China has been …

Shell is preparing to start production of liquefied natural gas from the second train at its installation in British Columbia, set to boost the total output from the facility by 6.5 million tons. The news comes as unnamed sources told Reuters this week that Shell and its partners at LNG …