Blog - MyPetroCareer

Mach enters Permian, San Juan basins with $1.3 billion in acquisitions

Mach Natural Resources today announced its expansion into the Permian and San Juan basins with two acquisitions valued at a total of $1.3 billion. The assets purchased from Sabinal Energy and IKAV Energy will nearly […]

Golar LNG reaches COD at Greater Tortue Ahmeyim project

*Gimi FLNG vessel – Joins AEW 2025 as Gold Partner Cape Town, South Africa — Golar LNG has officially announced that its FLNG Gimi vessel has reached its Commercial Operations Date (COD) under the 20‑year lease-and-operate agreement […]

OPEC trims oil demand for next four years, says no peak in sight

*People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. – […]

Hess exits deepwater exploration block in Suriname

The American international oil and gas company Hess (Suriname II) Exploration Limited (Hess) will relinquish Block 59 in offshore Suriname on 8 July 2025. The block will return to Staatsolie and become part of the […]

Kuwait’s KPC eyes market opportunity driven by OPEC+ supply hike

(Bloomberg) — Kuwait’s state energy company said OPEC+’s latest super-sized supply hike and recent interactions with customers suggest persistent demand growth beyond the summer driving season. “We’re seeing some potential tightness in […]

Nigeria’s Dangote refinery plans 1.6 mln barrels fuel storage tanks in Namibia, sources say

*Trucks loading petroleum products at the Dangote Refinery. Lagos — Nigeria’s Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to supply refined fuel […]

JDR to support Larsen and Toubro with offshore umbilical testing in the Middle East

JDR Cable Systems (JDR), the global subsea cable supplier and service provider, part of the TFKable Group, has been awarded a significant service contract by Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, high-tech […]

India aims to import about 10% of its cooking gas from US from 2026, say sources

The world’s third biggest oil importer and consumer relies heavily on Middle Eastern producers of liquefied petroleum gas (LPG), with more than 90% of its roughly 20.5 million metric tons of imports in 2024 coming […]

Gabon’s oil & gas minister pushes drive to develop deepwater assets

Sosthène Nguema Nguema, Minister of Oil & Gas of Gabon, has joined the African Energy Week (AEW): Invest in African Energies conference. Minister Nguema’s participation reflects the country’s drive to work with global partners to […]

Oil prices ease as traders assess US tariffs and OPEC+ output boost

*OPEC+ – OPEC+ to raise production by 548,000 barrels per day for August– Markets unsettled by uncertainty over Trump tariffs– Brent could fall to $65 in autumn months, says Commerzbank London — Oil prices retreated […]