Pakistan is set to receive an LNG cargo from Qatar after having negotiated with Iran the safe passage of the shipment through the Strait of Hormuz
Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia’s Gulf export terminals over the weekend, the highest tanker count observed since at least June, according to data compiled from the European Union’s Sentinel-2 satellite.
Trio Petroleum has signed a farm-in and development agreement with Croverro Energy covering up to 14 new multilateral heavy oil drilling opportunities in the Lloydminster region of Alberta and Saskatchewan, Canada.
Rosenxt has expanded its subsea inspection services for offshore structures, pipelines and cables, combining remotely operated and autonomous inspection technologies with integrity assessment and data analysis.
Norwegian ocean technology company Miros has secured more than 10 offshore technology deployments across South America during the first three quarters of 2026, with Brazil accounting for the majority of the activity.
Halliburton has signed memorandums of understanding (MoUs) with Eneva and WESCA to pursue oil and gas development opportunities in Venezuela, expanding its involvement as companies evaluate new projects in the country.
Crude oil prices, which had been falling since last week, today reversed course and made gains ahead of a UN General Assembly session that many hope will yield some progress on peace talks between the U.S. and Iran.
Gabon has signed an agreement protocol with Nigerian energy infrastructure company Oilserv, to develop and commercialise hydrocarbon reserves in Gabon’s DEF-3 and D4-5 blocks. The agreement also covers gas transportation, compression, and treatment infrastructure, intended to support thermal power generation and industrial activity in the country.
China’s Sinopec, the world’s top refiner by capacity, expects Chinese oil demand to drop by 8.9% in 2026 from a year earlier amid demand destruction from higher oil prices and the acceleration of electric vehicle adoption.
Ukraine hit with drones overnight on Wednesday infrastructure in Novorossiysk, which is Russia’s key oil terminal in the Black Sea, in attacks that killed four people and reportedly sparked a fire at a fuel oil terminal at the port.