People & Companies News


ADNOC Considering Entry Into Venezuela Gas Sector

Jan 16, 2026

Abu Dhabi state oil firm ADNOC is weighing entering Venezuela's energy industry and could seek a partnership with another international producer to participate in the nation's gas projects, Bloomberg News reported on Thursday, citing people familiar with the matter…

Chevron Greenlights Expansion of Israel’s Leviathan Gas Field

Jan 16, 2026

Chevron and its partners in the Leviathan natural gas reservoir have reached a Final Investment Decision (FID) to expand the production capacity of the strategic Leviathan production platform located offshore Israel.The Leviathan expansion project…

DNV Approves ModuSpec’s BOP Monitoring Tech for Offshore Use

Jan 15, 2026

ModuSpec, MR Group’s rig and well control equipment solutions business, has received Technology Qualification from classification society DNV for its blowout preventer (BOP) real-time monitoring capabilities, clearing the way for wider deployment…

Saudi Aramco and Commonwealth LNG Ink Long-Term Supply Deal

Jan 15, 2026

Saudi Aramco and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter with 1 million metric tonnes per annum (mtpa), three people familiar with the deal tell Reuters.The deal…

Current News

Oil Executives Flag Long-Term Impact of Iran Conflict

Oil Rises as Iran Denies US Talks, Supply Risks Persist

CNOOC Names New CEO

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

China’s Sinopec Plans to Skip Iranian Oil, Tap Strategic State Reserves

IEA Weighs Further Oil Stock Releases as War on Iran Continues

ADNOC Gas Adjusts LNG Output Amid Hormuz Disruptions

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

US to Deploy Amphibious Assault Ship, Marines to Middle East

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

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