Oil and Gas
OPEC+ to meet in June (again virtually)
Since 2020, OPEC+ has held only two face-to-face meetings, preferring videoconferencing even after the easing of restrictions caused by the pandemic.
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
Company Partners with Shell for Liquefied Natural Gas Supply
AMNS's Hazira plant will produce steel with up to 65% of its capacity based on direct iron reduction technology.
Oil and Gas
MIOC discovered oil off the coast of Congo
The drilling rig used, Nuada class 82 SD-C, encountered a net oil column of 24 feet in the Moke-East well.
Oil and Gas
Chile Responds to Oil Exploitation Concerns in Antarctica
The reserves discovered in Antarctica could contain up to 511 billion barrels of oil.
Oil and Gas
New Device Unveiled to Cut Valve Actuator Failures!
The Survitec gauntlet is a protective, armor-like sheath with a "bulletproof" level of resistance.
Oil and Gas
Vaca Muerta Sur Pipeline Expansion: Construction Underway!
The Vaca Muerta Sur project will have the capacity to export more than 135 million barrels of oil per year.
Oil and Gas
Trans Mountain Pipeline Achieves First Successful Crude Oil Loading
The cost of the pipeline expansion has quadrupled since its purchase in 2018.
Oil and Gas
OMV Petrom inaugurated the largest crude oil storage tank in Romania
The tank dome is the largest structure of its kind in Romania and its installation was carried out using a technique unique in the…
Oil and Gas
Aboño coal-fired power plant was authorized for its conversion to gas
After conversion to gas, the plant will have an installed capacity of 494 megawatts and will reduce C02 emissions.
Oil and Gas
Netherlands Boosts Offshore Gas Drilling & Expands Nuclear Power
The Dutch government plans to increase gas extraction in the North Sea in the coming months, according to agreements.
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