Oil and Gas
Keystone pipeline momentarily shut down due to leak alert
Inspenet, March 12, 2024. On March 7, TC Energy decided to temporarily suspend operations of the Keystone pipeline to review an alert from a…
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
Perenco begins gas exploration and production in the southern North Sea
Joshua Falcon, March 12, 2024. Perenco, the renowned oil and gas company, has marked a milestone by bringing its latest gas project on stream…
Oil and Gas
Oil Leak from Overturned Barge Near Tobago Successfully Sealed
Isbel Lazaro, March 11, 2024. The government of Trinidad and Tobago announced last Thursday that an oil leak from an overturned barge off the…
Oil and Gas
Contract for Uruguay’s last offshore block signed
Isbel Lazaro, March 11, 2024. Challenger Energy, a UK oil sector start-up, has secured the contract to explore Block OFF-3 in Uruguay, marking the…
Oil and Gas
New Fortress Energy starts LNG marine terminal project in Brazil
Joshua Falcon, March 9, 2024. The "Bacarena" LNG marine terminal, operated by New Fortress Energy (NFE) and located at the entrance of the Amazon…
Oil and Gas
Pemex to drill exploratory well Yawa-1EXP
Isbel Lazaro, March 8, 2024. The National Hydrocarbons Commission (CNH) gave the green light to Pemex Exploración y Producción (PEP) to drill the Yawa-1EXP…
Maritime
Japanese Firm Set to Launch Cutting-Edge LNG Carrier in 2026
Joshua Falcon, March 6, 2024. Tokyo LNG Tanker, a fully integrated subsidiary of Tokyo Gas, has entered into a long-term LNG carrier lease agreement…
Oil and Gas
Santos contemplates drilling operations in Australia
Joshua Falcon, March 6, 2024. In a recent development in the energy sector, Santos, a prominent Australian hydrocarbon company, has released its Environmental Plan…
Oil and Gas
MethaneSAT Launches Successfully to Track Methane Leaks
Isbel Lazaro, March 6, 2024. The successful launch of the MethaneSAT satellite, a BAE Systems initiative, marks a significant advance in the detection and…
Oil and Gas
Shell’s Pierce Project to Resume Production After Six-Month Suspension in the UK North Sea
Shell’s Pierce project will restart production, enhancing the UK’s energy security after a six-month pause due to technical issues with the FPSO system.
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