Australia to Mandate LNG Export Curbs to Ensure Local Supply
Australia’s government is set to impose mandates on LNG producers in the country to set aside a certain percentage of their output for the domestic market to avoid shortages, despite…
ADNOC Signs Up To $11B Financing Deal for Hail and Ghasha
Abu Dhabi National Oil Company (ADNOC) announced, in a statement posted on its site recently, the signing of a “landmark structured financing transaction of up to $11 billion … to…
Top webinars of 2025: CO2 supply risks, CCS, and market shifts
As 2025 comes to a close, we’re highlighting the most-attended webinars gasworld.tv has hosted this year. In this three-part series, we will look back at the topics and conversations that…
The EIA Thinks OPEC Can Pump More Than Anyone Expected
The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. In its December Short-Term Energy…
Russia Faces Sharp Drop in Oil Tax Revenue at Start of 2026
Russia is heading into 2026 with a familiar problem wearing a sharper edge: the oil revenues that bankroll its budget — and its war — are shrinking fast. According to…
Uganda National Oil Gets $2B Vitol Bahrain Loan
Uganda National Oil Co. said it secured a $2 billion loan from Vitol Bahrain E.C. to fund its strategic national infrastructure and investments over a seven-year period. The loan will…
Interview: How Honeywell is delivering on LNG
Ken West, President and CEO of what is poised to become Honeywell Process Technology, explains how it is meeting soaring LNG demand and the benefits it is reaping from the…
Ukraine Hits Russian Shadow Tanker in Mediterranean for First Time
Ukraine has hit an empty oil tanker of Russia’s shadow fleet in the Mediterranean in the first such drone attack in this sea in another escalation of the Ukrainian strikes…
CNOOC starts production at Xijiang 24 oil project in South China Sea
Offshore Production China December 22, 2025 (WO) — CNOOC Limited has brought the Xijiang Oilfields 24 Block Development Project into production, marking a new offshore startup in the Pearl…
Iraqi Crude Can’t Replace Venezuelan Oil in the U.S. Market
The economics of shipping additional volumes of heavy crude from Iraq to compensate for a potential loss of Venezuela’s supply are just not there at present, Shafaq News reported on…
