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World Oil News
Op-Ed: The first U.S.-approved sale of Venezuelan crude signals a shift toward energy pragmatism in the Western Hemisphere. As Venezuelan barrels re-enter global markets, Caribbean and Latin American producers, refiners and importers could see meaningful impacts on supply security, logistics and regional investment dynamics. Source
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ADNOC Gas has signed a 10-year LNG sales and purchase agreement valued at up to $3 billion with Hindustan Petroleum, supplying 0.5 MMtpa from its Das Island facility and deepening the UAE-India energy partnership. Source
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Petroliam Nasional Bhd. has appointed Mohd Jukris Abdul Wahab as chief operating officer, effective Feb. 1, as the company navigates a legal dispute over gas assets in Sarawak and broader operational challenges tied to lower oil prices. Source
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The Philippines has made its first natural gas discovery in more than a decade, with new reserves at Malampaya East-1 expected to extend the life of the country’s flagship offshore gas field. Source
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The American Petroleum Institute and the Permian Strategic Partnership will host a workforce recognition event in Midland, Texas, this week, honoring the oil and gas employees who support U.S. energy security and regional economic growth in the Permian basin. Source
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Guyana is entering a new phase in the evolution of its Local Content Act as offshore oil and gas activity continues to accelerate and the government moves to refine implementation of the framework. Source
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OEG is ramping up OPITO-accredited helicopter refueling training as the offshore sector prepares for mandatory CAA CAP 437 certification requirements for helicopter landing areas expected in 2026. Source
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New Scotland-wide polling shows strong public support for full North Sea oil and gas development, highlighting concerns over jobs, imports, and UK energy security. Source
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New Scotland-wide polling shows strong public support for full North Sea oil and gas development, highlighting concerns over jobs, imports, and UK energy security. Source
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Mitsubishi Corporation is entering the U.S. shale gas market with a $5.2-billion acquisition of Aethon Energy’s Haynesville Shale assets in Louisiana and Texas. The deal adds about 2.1 Bcf/d of gas production and strengthens Mitsubishi’s integrated LNG value chain with access to Gulf Coast export infrastructure. Source
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