Oil and Gas
Oil prices rise due to strong demand from US refineries
Oil prices hit three-week highs due to US refinery demand and tensions in the Middle East.
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.
Through these stories, Oil and Gas provides a broad view of the assets, companies and market movements defining one of the world’s most strategic industrial sectors.
Latest Oil and Gas News
Oil and Gas
Canadian oil companies will decide in 2027 on the investment in the Pathways project
Canadian oil producers expect to decide by the end of 2027 on investing in the Pathways carbon capture project.
Oil and Gas
Rosebank oil and gas project moves forward after public consultation
Rosebank is moving forward after completing the public consultation prior to the British Government's final decision on its offshore development.
Maritime
Maritime traffic in the Strait of Hormuz falls to just 7 vessels
The maritime traffic in the Strait of Hormuz deteriorated once again amid persistent geopolitical tensions in the Middle East. Only seven vessels carrying commodities…
Downstream
Equinor secures Johan Sverdrup crude to supply up to 25% of ORLEN’s demand
Equinor and ORLEN signed a three-year agreement for Johan Sverdrup crude, with annual supplies ranging from nearly 5 million to more than 9 million…
Oil and Gas
Technology Locates Obstructions in Offshore Pipelines with ±30-Meter Accuracy
PipeScan located obstructions in offshore pipelines using pressure pulses and wave analysis, including one restriction identified with approximately ±30-meter accuracy.
Oil and Gas
Kongsberg Maritime equips new Asian FPSO with deck machinery
Kongsberg Maritime will deliver advanced deck machinery for a new offshore FPSO in Asia with integrated mooring and control systems.
Oil and Gas
Chevron Discovers Oil and Gas Condensate Off the Coast of Angola
Chevron confirms a hydrocarbon find in Angola's Block 0 through exploratory well 105-4X in the Lower Congo Basin.
Oil and Gas
Kino Aski LNG Projects Up to 15 MMtpa of Canadian LNG for Europe
The possibility of transporting Canadian LNG to Europe would enable supplier diversification and reduce dependence on certain external gas sources.
Oil and Gas
Argentina plans a US$51 billion integrated LNG chain
The 12 MMtpa LNG capacity will be supported by infrastructure that must begin at the Vaca Muerta wells and end at an LNG carrier.
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