Oil and Gas
Canada and the United States strengthen an integrated oil system
Canada and the United States combine heavy crude, shale, pipelines and refining within an integrated continental petroleum system.
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
Italy accelerates oil and gas projects for energy security
Italy will accelerate oil and gas projects through faster permitting to increase domestic production and strengthen its energy security.
Oil and Gas
J.P. Morgan warns of mispricing in the oil price curve
A report from the financial institution highlights imbalances in futures contracts caused by persistent tensions in the Middle East.
Oil and Gas
New Fortress Energy sells old Seadrill platforms for scrap
New Fortress Energy abandoned its attempt to convert the Sevan Driller and Sevan Brasil units into floating LNG facilities after four years of planning.
Oil and Gas
Pemex Oil Leak Puts Offshore Infrastructure Back in Focus
A new Pemex oil leak off Campeche puts offshore pipeline integrity in focus as authorities monitor the crude slick in the Gulf of Mexico.
Oil and Gas
Rosneft Begins Crude Exports from Vostok Oil Project in the Arctic
The Russian state oil company begins oil shipments at the port of Bukhta Sever following an investment of $46.5 billion.
Oil and Gas
Venezuela’s withdrawal from OPEC gains momentum amid oil market shifts
The possibility of Venezuela leaving OPEC is gaining momentum as the country recovers oil production and expands its export markets.
Oil and Gas
Syensqo expands its aromatic polymer infrastructure in India
The chemical multinational Syensqo will double its production capacity in Panoli to supply the automotive industry starting in the first quarter of 2028.
Oil and Gas
Argentina toughens sanctions against oil companies operating in the Falkland Islands
Argentina expands sanctions against companies linked to oil activities in the Falkland Islands as the Sea Lion project moves towards 2028.
Oil and Gas
Beetaloo Basin drives shale gas development in Australia
U.S. companies are transferring capital and technology to cut operating costs and make shale gas extraction in Australia viable.
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