Latest Headlines
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Baker Hughes To Provide Downstream Chemicals For Marathon Petroleum Refineries, Becoming Preferred Provider Across North America
2/5/2026
Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday an agreement with Marathon Petroleum, the largest U.S. petroleum refiner, to become its preferred provider for hydrocarbon treatment products and services at refineries across the United States.
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Equinor And Eneco Sign 5-year Gas Agreement For Supplies To The Netherlands
2/5/2026
Equinor and Eneco have signed a 5-year agreement for deliveries of gas to Eneco, a main supplier of natural gas, electricity and heat in the Netherlands.
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PETRONAS Signs 20-Year LNG Supply Agreement With QatarEnergy
2/4/2026
PETRONAS LNG Ltd (PLL), a subsidiary of PETRONAS, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.
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FPSO ONE GUYANA Purchase By ExxonMobil Guyana Completed
2/4/2026
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO ONE GUYANA, ahead of the maximum lease term which would have expired in August 2027.
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BOEM Advances Second OBBBA Offshore Lease Sales
2/4/2026
The Bureau of Ocean Energy Management, today announced another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2), the second of 30 Gulf of America lease sales required by the One Big Beautiful Bill Act (Public Law No: 119-21).
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Akrake Petroleum Completes Sèmè Field Production Well
2/3/2026
Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce that Rex’s indirect subsidiary Akrake Petroleum Benin S.A. (“Akrake Petroleum”) has completed the drilling of the AK-2H production well in the Sèmè Field in Benin.
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SLB Awarded Integrated Development Contract For Mutriba Field In Kuwait
2/3/2026
Global technology company SLB today announced that Kuwait Oil Company has awarded SLB a $1.5B, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management.
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JERA Signs 27-Year LNG Supply Agreement With QatarEnergy
2/3/2026
JERA Co., Inc. (“JERA”), a global energy leader and Japan’s largest power generation company, today announced the signing of a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with QatarEnergy to secure the supply of 3.0 million tonnes per annum (MTPA) for 27 years, with deliveries expected to commence in 2028.
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TECNIMONT (MAIRE) And Baker Hughes To Collaborate On LNG Initiatives Globally
2/3/2026
MAIRE (MAIRE.MI) announces that TECNIMONT (Integrated E&C Solutions) and Baker Hughes, an energy technology company, have signed a non-exclusive Memorandum of Understanding (MoU) to explore cooperation opportunities on prospective modularized, scalable liquefied natural gas (LNG) projects worldwide.
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Aker BP: Solveig Phase 2 On Stream
2/2/2026
Aker BP has started oil production from the Solveig Phase 2 development in the North Sea. The project has been delivered on schedule and within budget, adding approximately 39 million barrels of oil equivalent in recoverable resources to the Solveig field.