Oil and Gas
Transocean secures $1 billion in offshore drilling contracts
The company expands its portfolio with $1 billion in offshore contracts.
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
Fires at Abu Dhabi petrochemical plant after missile interception
Fires at Borouge after missile interception force suspension of operations with no injuries reported.
Oil and Gas
Habshan Gas Plant in UAE Suspends Operations Following New Attack
The Habshan gas complex halts operations following an intercepted attack and fire at its facilities.
Oil and Gas
Petrobras ensures the operational continuity of the West Polaris vessel at the Búzios field in Brazil.
The West Polaris is a precision tool designed to operate in the most demanding environments on the planet.
Oil and Gas
Oil prices could exceed $150 due to the Hormuz crisis
Oil prices face upward pressure due to tensions in Hormuz and risks to global supply
Oil and Gas
OCI Global Completes Sale of Its Ammonia Division to AGROFERT
The transaction complies with current European Union regulatory frameworks on market abuse.
Oil and Gas
Chevron Suspends Wheatstone Operations Due to Damage Following Cyclone
Maintenance crews are focusing their efforts on replacing critical components.
Oil and Gas
PV Drilling Strengthens Its Operational Capacity with the New PV DRILLING IX Unit in Vietnam
The PV DRILLING IX jack-up rig begins operations in April to enhance hydrocarbon extraction and regional energy security.
Oil and Gas
INPEX Extends Alliance with Pertamina to Accelerate Abadi LNG
INPEX and Pertamina Strengthen Abadi LNG in Indonesia, an Essential Component for the Future of Asia's LNG and Upstream–Midstream Integration.
Oil and Gas
Gas Explosions in Mississippi Due to Unrepaired Leaks
Detected and unrepaired gas leaks caused fatal explosions in Mississippi homes, according to the NTSB.
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