Indonesia has awarded six oil and gas working areas to companies including Eni and Sinopec and opened a second 2026 tender round covering eight more areas as it seeks to expand upstream exploration.Eni Indonesia Limited was selected for the Sapukala working area, where its initial three-year program includes geological and geophysical studies and the acquisition and processing of
Valeura Energy has discovered a new oil accumulation near its Manora field in the Gulf of Thailand, with drilling results prompting the company to move immediately into development planning for a
QatarEnergy expects the first train of its North Field East (NFE) liquefied natural gas expansion project to start production in the first half of 2027
A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday
Oil prices fell 2% on Friday, extending losses for a third straight session as easing concerns over Saudi supply disruptions outweighed anxiety about a widening of conflict across the Middle East.
PTTEP has received Thai government approval to transfer a 40% working interest in two offshore Gulf of Thailand blocks to Valeura Energy under a strategic farm-in agreement between the companies.
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