Pipe Tek Secures Exclusive Australian Distribution Rights for TWINLOCK Quick Opening Closure
Pipe Tek has obtained exclusive distribution rights for the TWINLOCK Quick Opening Closure in the Au...
Vietnam Airlines reduces fares by 10% to 15% from June
Ticket prices on many domestic routes have dropped by 10% to 15% since early June, as airlines expan...
ORTOmation's Gas-Lift Optimizer Reduces Gas-Lift Usage by 44%
ORTOmation has deployed a self-learning closed-loop optimizer on five wells at an unconventional oil...
Libya's National Oil Corporation Discusses Energy Sector Cooperation with Schlumberger
Masoud Suleiman, Chairman of Libya's National Oil Corporation (NOC), recently met with a Schlumberge...
Ocean Installer Secures Installation Contract Worth 500 Million to 1 Billion NOK for Brazil's Bacalhau Field
Ocean Installer has been awarded a contract for the installation of jumpers at Brazil's Bacalhau fie...
Karoon Energy Completes Receipt of FPSO Operations in Brazil
Karoon acquired the FPSO Cidade de Itajaí, deployed on the Baúna project in the BM-S-40 block, and s...
Average Flow Pressure Increases by 76% in Chlorine Dioxide Stimulation Tests in the Permian Basin, USA
Chlorine dioxide (ClO₂), with its strong oxidizing properties, can effectively remove scaling, biofi...
bp awards subsea boosting contract for Thunder Horse project in Gulf of Mexico
British Petroleum (bp plc) has awarded a contract to the SLB OneSubsea joint venture to provide a su...
Pharos Energy to Launch Six-Well Drilling Project in Egypt in 2026
Pharos Energy has launched a six-well drilling project in Egypt's Western Desert. The project includ...
Oman's OQEP Signs Oil and Gas Exploration Agreement with Libya
Oman's OQ Exploration and Production (OQEP) has signed an agreement with Libya to seek oil and gas o...
Canada's Newfoundland and Labrador Launches Offshore Exploration Bidding with Minimum Bid of 10 Million Canadian Dollars
The Canada-Newfoundland and Labrador Offshore Energy Regulator (C-NLOER) has announced the launch of...
Parex Completes $500 Million Acquisition, Becomes Colombia's Largest Independent Oil Company
Parex Resources announced the completion of its acquisition of Frontera Energy's exploration and pro...
Indonesia Imports 150 Million Barrels of Oil from Russian Oil and Gas Company Lemigas
Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia has officially appointed the Oi...
Norway's Aker BP increases its stake in the Johan Sverdrup field to 31.7163%
Norwegian oil and gas company Aker BP has completed the redetermination process with its partners fo...
Egypt's Suez Canal Authority Receives First Integrated Oil Supply and Service Vessel
Egypt's first integrated oil supply and service vessel for marine geophysical exploration and geotec...
On June 8, domestic base metals nearly all fell, with Shanghai Tin dropping nearly 6%, and precious metals Shanghai Silver falling over 8%.
On June 8, the domestic metal market faced overall pressure, with nearly all base metals on the dome...
Polymer Flooding Pilot in Daqing Oilfield's Type III Reservoirs Boosts Recovery Factor by 12.69 Percentage Points
Recently, the polymer flooding re-entry pilot in the Type III reservoirs of Daqing Oilfield's Xingna...
U.S. Distillate Inventories in June 2026 Only 2.3 Million Barrels Above 2023 Lows
WTI crude oil closed at $96.02 on June 3, 2026, and Brent crude at $97.81, as prices surged due to c...
China's Zhongtai Securities: Aluminum Premium Near 20-Year High in June, Supply-Demand Gaps Emerging for Oil, Copper, and Aluminum
The core contradiction in the commodity market is shifting from price fluctuations to the interplay ...
OPEC+ 7 Countries Decide to Increase Daily Output by 188,000 Barrels in July
The Organization of the Petroleum Exporting Countries (OPEC) said in a statement on the 7th that sev...
South Korea and Canada Sign 2026 Agreement: Crude Oil Imports to More Than Triple, 3.4 Million Tons of LNG to Be Purchased
South Korea and Canada signed a comprehensive energy cooperation agreement in Ottawa on June 2, 2026...
New Zealand's Marsden Point 93 Million Litre Diesel Reserve Becomes Operational
New Zealand's additional 93 million litres of diesel storage capacity at Marsden Point has been brou...
Canada's Highwood Sells Assets for C$112 Million
Highwood Asset Management Ltd. (TSXV: HAM) announced the signing of a definitive agreement to sell i...
Canadian GLJ Acquires PRCL to Strengthen Subsurface Engineering Consulting Capabilities
Canadian energy consulting firm GLJ Ltd. has completed the acquisition of Petrel Robertson Consultin...
Libyan Investment Authority Signs Memorandum of Understanding with Oman's OQ Group
Tripoli—Libyan Prime Minister Abdel Hamid Aldabaiba met yesterday in Tripoli with a delegation compr...
Canada's Trans Mountain expects Q2 pipeline capacity utilization to reach 90%
Trans Mountain Corp. transported oil at 83% of its pipeline capacity in the first quarter, and expec...
WellSense and Geowell Complete Fli Deployment in Malaysia
WellSense and Geowell have completed the first round of Fli deployment in Malaysia, accurately ident...
India's HPCL and Tata Motors Partner to Pilot Waste Oil Recycling Ecosystem
Hindustan Petroleum Corporation Limited (HPCL) and Tata Motors have signed a Memorandum of Understan...
Peru's Petroperú and KIO Group Open New Service Station in Rímac District
Peru's state-owned oil company Petroperú, together with the KIO Group (Grupo KIO), has opened a new ...
US DFC Commits $1.5 Billion to Support LNG Projects in India and Southeast Asia
The United States will invest $1.5 billion (approximately 14,400 billion rupees) through an investme...