Energy, Oil & Gas

Coming surge in LNG production is set to reshape global gas markets: IEA

Global gas markets are set to undergo major changes by the end of this decade, with a coming wave of liquefied natural gas (LNG) production capacity set to transform market dynamics, according to the latest edition of the International Energy Agency (IEA) medium-term outlook....

Energy, Oil & Gas

US natural gas exports to Mexico reach new records: EIA

US natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (Bcf/d) in May 2025, the most of any month on record as Mexico’s demand for natural gas, particularly in the electric power sector, increases, according to US Energy Information Administration (EIA) ....

Energy, Oil & Gas

EU approves total ban on Russian gas by 2027

The European Union (EU) has moved to end all imports of Russian natural gas by the end of 2027, following a majority vote by member states during a meeting of European energy ministers in Luxembourg....

Energy, Oil & Gas

Suriname emerges as Caribbean’s next O&G powerhouse

Suriname is becoming a significant player in global energy, with major offshore oil discoveries and recoverable resources of 2.4 billion barrels of oil equivalent and 12.5 trillion cubic feet of natural gas. Rapid exploration is expected, with production anticipated between 2025 and 2027....

Energy, Oil & Gas

AUTOMA 2025 builds roadmap for smarter O&G industry

The future of the oil and gas industry was on display at The Oil and Gas Automation and Digitalisation Congress (AUTOMA) 2025, held on October 13-14 in Amsterdam. Experts from O&G companies, EPCs, pipeline operators, refineries, service providers and technology developers explored technologies driving AI-powered transformation, smart infrastructure, digital decarbonisation and autonomous operations....

Energy, Oil & Gas

Shell invests in Nigeria offshore gas development

Shell Nigeria Exploration and Production Company (SNEPCo) and Sunlink Energies have finalised investment in the HI gas project offshore Nigeria. The project will supply 350 million standard cubic feet of gas daily at peak production to Nigeria LNG, enhancing global liquefied natural gas exports....

Energy, Oil & Gas

bp starts up its sixth major upstream O&G project in 2025

bp has started up its sixth major upstream oil and gas project of 2025 with production from the Murlach field in the UK North Sea. The six projects add around 150,000 barrels of oil equivalent per day (boed) combined peak net production, contributing to bp’s target to deliver an additional 250,000 boed combined peak net production by the end of 2027....

Energy, Oil & Gas

IEA hosts symposium on outlooks for natural gas, coal markets

Seventy energy experts convened at the IEA headquarters in Paris for the 7th Joint IEA-IEF-Opec Symposium, discussing global natural gas and coal market developments. Participants included representatives from the energy sector, international institutions, governments, and academia, focusing on future market evolutions....