Oil and Gas
Argentina Concludes Hydrocarbon Exploitation Concession
The companies had requested an extension of the concession in 2021, but then withdrew the request, leading to the termination of the contract in…
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
Colombia’s Trasandino pipeline could remain idle for the rest of the year
After diverting the flow of oil through Ecuador, Ecopetrol reduced losses from theft from almost 3,000 barrels per day to only 0.3%.
Oil and Gas
FPSO Atlanta Launches Operations Off Brazilian Coast
FPSO Atlanta has the capacity to process 50,000 barrels of oil and 140,000 barrels of water per day.
Oil and Gas
Oil in Suriname! More than 2 billion barrels have been discovered
In addition to the huge crude oil reserves, Suriname has approximately 12.5 trillion cubic feet of natural gas.
Oil and Gas
Argentina’s best oil production in 20 years recorded
Oil production in Argentina reached 690,000 barrels per day in March, with 52% coming from Vaca Muerta.
Oil and Gas
Freeport LNG plant resumed 100% operations
The plant can produce up to 15 million metric tons of LNG per year, enough to cover the gas consumption of approximately 5 million…
Oil and Gas
Chevron pulls out of the North Sea after 55 years
Chevron owns a 19.4% interest in the Clair field, the largest in the British North Sea.
Oil and Gas
Qatar secures more LNG contracts this year
Qatar plans to increase its LNG production capacity to 142 million tons per year.
Oil and Gas
Russia discovered oil and gas reserves in Antarctica
The oil reserves discovered are equivalent to ten times the production of the North Sea in the last 50 years.
Oil and Gas
India extends bidding deadlines for 28 oil blocks
Some market analysts suggest that a lack of investor interest could be a determining factor.
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