Oil and Gas
Woodside brings the Scarborough project closer to its first LNG shipment
Woodside received the final Pluto LNG module as the Scarborough project moves towards its first LNG cargo in 2026.
Oil and Gas brings together the main developments across exploration, production, transport, refining and market activity in the global hydrocarbons sector. This section covers news on operators, projects, infrastructure, investments, supply dynamics and industrial decisions influencing the performance of oil and gas markets.
Coverage spans upstream, midstream and downstream activity, including field development, pipelines, terminals, refineries, LNG infrastructure and corporate strategies. It also highlights price signals, regulatory measures, operational changes and technological advances affecting competitiveness across the industry.
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Latest Oil and Gas News
Oil and Gas
Helix-Hornbeck merger creates new offshore services company
The Helix-Hornbeck Fusion integrates vessels, robotics, and underwater services to expand its offshore capabilities in deep waters.
Oil and Gas
Venezuelan Heavy Crude Faces Technical Limits for U.S. Strategic Reserve
Venezuelan heavy crude faces density and sulfur restrictions for direct SPR storage, while a crude oil swap emerges as a technical alternative.
Oil and Gas
Europe Gas Storage Falls to Lows Ahead of Winter
Europe gas storage falls to 66% ahead of winter, increasing the need for LNG as competition for global supplies intensifies.
Oil and Gas
Chris Wright in Venezuela Amid New Energy Projects
Chris Wright in Venezuela coincides with a new phase of energy projects aimed at expanding oil production, recovering assets and strengthening infrastructure.
Downstream
Venezuelan Heavy Crude Gains Strategic Value for U.S. Refineries
Venezuelan heavy crude is becoming increasingly relevant to the U.S. refining system amid global fuel constraints and high utilization rates at processing facilities. However,…
Oil and Gas
The U.S. can replace Canada’s resources, but it would pay a high price
Replacing Canada's resources would require the United States to expand production, infrastructure, and suppliers, with higher costs and longer lead times.
Oil and Gas
India Oil Diversification Opens New Supply Routes
India oil diversification expands global supply options as refiners turn to spot markets to secure competitive crude from multiple producing regions.
Oil and Gas
Cheniere increases its LNG capacity to 56 mtpa and reaches 5,000 cargoes
Cheniere completes Corpus Christi Stage 3 and raises its LNG operating capacity to about 56 million tons per year.
Oil and Gas
Sapphire acquires EDGE LNG and expands its modular LNG solutions
Sapphire incorporates assets from EDGE LNG with approximately 200,000 gallons per day of modular liquefaction capacity in the United States.
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