Oil and Gas
ExxonMobil Set to Launch Oil Exploration in Angola
The Likembe-01 well reached a final depth of 3,013 meters, crossing Miocene formations and confirming the presence of oil.
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
South Africa Sees First Natural Gas-to-Power Conversion Success
The quality of the gas used is high, with a calibrated meter showing almost 99% methane and only 1% nitrogen.
Oil and Gas
China wins key oil and gas contracts in Iraq
Iraq is seeking to increase its local production of petrochemicals and reduce its dependence on gas imports from Iran.
Oil and Gas
An oil platform anchored in the port of Montevideo
The Posh Xanadu oil platform has a capacity for 700 people.
Oil and Gas
Maritime dismantling work completed in Thailand
Real-time cut verification technology reduced cut times by 50%.
Oil and Gas
Australia Plans to Use Gas Beyond 2050 Despite Zero Emissions Goal
Natural gas accounts for 27% of Australia's energy market and 14% of the country's export earnings.
Oil and Gas
BW Energy Acquires FPSO for Deployment in Brazilian Field
The total oil production capacity of the Polvo FPSO after its refurbishment will be 65,000 barrels per day.
Oil and Gas
Repsol announces sale of Pikka field discovered 30 years ago in the US
The Pikka project is scheduled to begin production in 2026.
Oil and Gas
South Africa could limit Shell drilling licenses
This is in direct response to the company's decision to stop investing in the downstream sector in the country.
Oil and Gas
Company to build huge gas pipeline in Alberta, Canada
The Yellowhead Mainline project seeks to expand the capabilities of the natural gas network and increase its efficiency.
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