Middle Eastern Oil Producers Boost Crude Supplies to India
Middle East producers Saudi Arabia, Iraq, and Kuwait are boosting crude supplies to India as Indian refiners slow Russian imports due to sanctions.
News / International
Iraq’s Misan Drills Deepest Horizontal Well in Bazarkan
Iraq's Misan Oil Company sets three new field records for depth, length, and displacement by completing the deepest horizontal well in the Bazarkan oil field.
PETRONAS, Enilive, Euglena Break Ground on New Biorefinery in Johor
Pengerang, Malaysia — Engerang Biorefinery Sdn. Bhd., a joint venture (JV) between PETRONAS, Enilive S.p.A, and Euglena, a Japanese biotechnology company, has officially broken ground on its new biorefinery project in Pengerang, Johor, marking a significant milestone in the development of Malaysia’s renewable energy industry.
Lukoil Faces Pressure as US Deadline Nears, Gunvor Deal Collapses
Lukoil’s sale to Gunvor is blocked by the US Treasury, raising pressure as the Nov 21 sanctions deadline nears. Industry analysts predict Lukoil may be compelled to sell its international assets at deep discounts before the deadline.
ExxonMobil Joins Energean, HELLENiQ ENERGY in Ionian Sea Block 2 Through New Farm-In Deal
ExxonMobil, Energean, and HELLENiQ ENERGY Upstream have announced a Farm-In Agreement under which ExxonMobil will acquire a participation interest in the Block 2 concession, located in the northwestern Ionian Sea, near the Italian Exclusive Economic Zone (EEZ).
Harbour Energy’s Production Jumps to 473,000 boe/d in 9 Months of 2025
The operational results of Harbour Energy showed a growth and diversification in production, reaching 473,000 barrels of oil equivalent (boe/d) during the first nine months of 2025, compared to 177,000 boe/d in the same period of 2024. The company explained that production is broadly split 40% liquids, 40% European gas and 20% other gas.
Halliburton Awarded Integrated Drilling Services Contract from Shell Nigeria for HI Gas Field Development
Halliburton, one of the leading oil and gas innovative companies, has been awarded an Integrated Drilling Services (IDS) contract, from Shell Nigeria Exploration and Production Company (SNEPCo), in partnership with Sunlink Energies, for operations in Oil Mining Lease (OML) 144, offshore Nigeria. The contract supports the development of the HI gas field, which will provide feed gas to the Nigeria LNG Train 7 project.
bp’s RC Profits Record $2.2bn in Q3 2025
bp, the leading energy giant, announced that its underlying replacement cost profit (RC profit) recorded $2.2 billion in the third quarter (Q3) of 2025, compared to $2.4 billion in Q2 2025 and $2.26 in Q3 2024.
ADNOC, SLB Launch AI Platform to Optimize Production, Reduce Downtime
ADNOC and SLB launched the AI-powered AiPSO platform at ADIPEC 2025 to optimize production and resolve field issues in minutes. The company plans to expand the AI solution to all onshore and offshore fields by 2027.
Aramco Lifts Q3 2025 Profit on Strong Production, Financial Discipline
Saudi Aramco's Q3 2025 net income rose to $28 billion on strong production and cash flow. The company raised its 2030 gas target to an 80% increase and expanded its Downstream presence in China and the Philippines.
