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Israel to Restart Gas Exports After Military Deems It Safe

Jun 19, 2025

Israel will resume its natural gas exports when the country's military believes it would be safe to do so, Israel's Energy Ministry Eli Cohen said on Wednesday, as an air battle between Israel and Iran entered its sixth day.Two of Israel's three…

Chevron Acquires Blocks in Brazil's Foz do Amazonas Basin

Jun 17, 2025

Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area.The move marks…

Japan Energy Expo '25 Opens this Week

Jun 16, 2025

JERA’s major U.S. LNG supply deal sets the stage for Japan Energy Summit & Exhibition 2025, taking place 18 – 20 June in Tokyo, with live commentary expected from JERA’s Global CEO and METI during the Opening Ceremony.The Strategic Summit will feature top executives from Shell…

Israeli Leviathan Gas Field Halts Production Amid Conflict with Iran

Jun 16, 2025

Israeli government has ordered Chevron’s subsidiary Chevron Mediterranean to halt production at its operated Leviathan offshore natural gas project amid security concerns related to the escalation of conflict with Iran.The Minister of Energy…

TotalEnergies Grows US Oil and Gas Portfolio with Chevron Deal

Jun 16, 2025

TotalEnergies has entered 40 Chevron-operated exploration blocks, growing its portfolio of U.S. offshore oil and gas assets.TotalEnergies has acquired a 25% working interest in a portfolio of exploration leases offshore U.S. from Chevron, which acts as the operator…

Three Dead in Chevron's Angolan Oil Patform Fire

May 28, 2025

A second person died from their injuries in hospital following a fire at a Chevron-operated oil platform offshore Angola, bringing the number of fatalities to three, government and company officials said late on Tuesday.Two workers were initially…

Woodside to run North West Shelf LNG Plant to 2070

May 28, 2025

Australia conditionally approved on Wednesday a request by Woodside Energy to extend until 2070 the life of its North West Shelf gas plant, following a six-year review dogged by delays, appeals and backlash from green groups.The facility on…

One Person Missing After Fire on Chevron’s Deepwater Platform off Angola

May 21, 2025

One person has been reported missing following the fire incident that occurred on May 20 at Chevron’s Benguela Belize Lobito Tomboco (BBLT) deepwater platform off Angola, that left 17 people injured.The report about the missing person was shared by Angola’s National Agency for Oil…

Fire Breaks Out at Chevron’s Platform off Angola, Injuring 17

May 21, 2025

Seventeen people have been injured, four seriously, after a fire broke out at Chevron’s Benguela Belize Lobito Tomboco (BBLT), located in Block 14, offshore Angola.According to an update from Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG)…

Chevron Hires MMA Offshore’s PSV to Support Assets off Australia

May 20, 2025

MMA Offshore, a subsidiary of Cyan Renewables, has secured a multi-year contract from Chevron Australia for its platform supply vessel (PSV) MMA Plover.The vessel has been contracted to provide marine logistics support to Chevron’s Barrow Island and Wheatstone assets…

Delays in Store for Two Wells at Shell’s Perdido Development

May 12, 2025

Shell, the top U.S. offshore producer, said this week that two of its wells to boost production at the Perdido offshore development were delayed to the end of the year, while one was brought online in March.All three wells, part of Perdido's Great White unit…

Higher Oil Production Boosts ExxonMobil’s First Quarter Profit

May 02, 2025

Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings.Profit during the January-March quarter was $7.71 billion or $1.76 per share…

Chevron’s First Quarter Earnings Meet Wall Street Profit Estimates

May 02, 2025

Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share repurchases in the current quarter, reflecting the shaky economic outlook faced by Big Oil.The company's share repurchases this year could be between $11…

Greece Greenlights Tender for Offshore Oil and Gas Exploration

May 02, 2025

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…

CNOOC Posts 7.9% Profit Fall Despite Output Growth

Apr 29, 2025

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36.56 billion yuan ($5.03 billion), versus 39.7 billion yuan in the same period last year…

Logistics News

Matson Paid $6.4 million in Port Fees to China

Matson Paid $6.4 million in Port Fees to China

Suez Canal Revenues Rise as Red Sea Tensions Ease

Suez Canal Revenues Rise as Red Sea Tensions Ease

Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease

Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

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