The Ghana National Petroleum Corporation (GNPC) and Malaysia’s state-owned energy company PETRONAS have begun a two-week technical and commercial engagement in Accra to assess opportunities in Ghana’s upstream petroleum sector.
Crude oil prices moved markedly lower on Wednesday and stayed there earlier today, after booking a solid jump for September. The decline came in response to reports from JP Morgan, Goldman, and Kpler, suggesting oil flows out of the Persian Gulf had virtually returned to pre-war levels.
Pakistan’s government is considering allowing power plants and private firms to directly import LNG procured on the spot market as the country has been struggling with an energy crisis since the Iran war crippled Qatar’s term supplies.
MidOcean Energy on Tuesday confirmed its participation in the newly sanctioned second development of LNG Canada in British Columbia via a partnership with Petroliam Nasional Bhd (Petronas).
A nascent recovery in Chinese oil demand has begun to falter, as continued fighting in the Middle East and limited Iranian supply keep crude prices too high for private refiners, prompting some analysts to trim forecasts for the coming months.
Petróleo Brasileiro SA (Petrobras) has agreed to buy 0.8 million metric tons per annum (MMtpa) of liquefied natural gas (LNG) from Cheniere Energy Inc for 22 years.
Iraq’s state oil marketer offered buyers contractual crude supplies for October at discounts of as much as $37 a barrel to regional benchmarks, according to a document obtained by Bloomberg.
Atlantic Petroleum has submitted an application for a new exploration and production license in the Faroe Islands under the country’s Open Door Licensing Regime.
The Railroad Commission of Texas (RRC) plugged a record 2,022 orphaned oil and gas wells during fiscal year 2026, exceeding the performance target set by the Texas Legislature by 300 wells, or 18.9%.
U.S. oil and gas activity continued to expand in the third quarter of 2026, with exploration and production companies reporting higher oil and natural gas output despite elevated costs and longer supplier delivery times, according to the Federal Reserve Bank of Dallas Energy Survey.