Oil and Gas
Hess Investors Greenlight $53B Merger with Chevron
The acquisition would help Chevron offset cost overruns in its liquefied natural gas projects.
Oil and gas remain fundamental pillars of the global energy system. This category features news covering exploration activities, production developments, strategic investments, and major projects related to the hydrocarbon industry across different regions of the world.
Coverage includes new resource discoveries, expansion of production operations, partnerships between energy companies, and technological advancements supporting exploration and hydrocarbon development. News also highlights market dynamics, corporate strategies, infrastructure projects, and industry initiatives influencing the global supply of oil and natural gas.
Stories in this category reflect how the sector continues to evolve in response to energy demand, technological innovation, and the broader energy transition, while maintaining a central role in the global energy landscape.
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Oil and Gas
Texas Begins 137-Mile Natural Gas Pipeline Project
The pipeline will transport up to 4.5 billion cubic feet of natural gas per day.
Oil and Gas
Company to build new storage tanks in the U.S.
The company has a global network of terminals in countries in Asia, Australasia, Europe, North and South America.
Oil and Gas
Sherwin Williams launches erosion-resistant lining system for fracturing pipes
Sherry Williams ERC lined pipes have increased durability against abrasive fluids.
Oil and Gas
FPSO Marechal Duque de Caxias arrived in Brazil
The FPSO will be able to produce up to 180,000 barrels of oil and compress 12 million cubic meters of gas daily.
Oil and Gas
EU Greenlights Methane Limits, Effective 2030
Oil and gas importing companies that do not comply with these limits will face financial penalties.
Oil and Gas
Saudi Aramco shares to be sold in June
Aramco's 2019 initial public offering raised $25.6 billion, making it the largest in the world.
Oil and Gas
China’s Zhangzhou LNG Terminal Launches Operations
The operation of the Zhangzhou LNG station will enhance natural gas storage and transportation capabilities in the region.
Oil and Gas
Offshore oil well upgrading operations begin offshore Turkey
Trillion Energy had announced its intention to evaluate further exploration opportunities around the SASB development license area.
Oil and Gas
Petrobras Boosts Oil Output with New P-84 & P-85 Platforms
The Atapu expansion will include the construction of a new FPSO with a capacity of 225,000 barrels per day.
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