Oil and Gas
Saudi Aramco acquires 10% of a refinery in China
Inspenet, October 18, 2023. Saudi Aramco has begun talks aiming to acquire a 10% stake in Shandong Yulong Petrochemical Co, marking a further step…
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
India wants Saudi Aramco to develop strategic oil reserve
Inspenet, October 15, 2023. India seeks to get Aramco, Saudi Arabia's oil company, involved in its 6.5 million metric ton (MMT) strategic petroleum reserve…
Oil and Gas
Gasoline and diesel in the UK: prices could increase due to the conflict between Israel and Hamas
Inspenet, October 15, 2023. In the coming weeks and months, motorists in the United Kingdom (UK) could face an increase in petrol and diesel…
Oil and Gas
BGP Prospector vessel ready to search for oil in Argentina
Inspenet, October 14, 2023. The BGP Prospector is currently approximately 320 km off the coast of Mar del Plata, Argentina, where it is preparing…
Oil and Gas
Halliburton presents improvement system for hydrocarbon extraction
Inspenet, October 12, 2023. Halliburton Company has launched the FlexRite Selective Access multilateral completion system, designed to address complicated and demanding well situations in…
Oil and Gas
Russia resumes oil exports to Brazil
Inspenet, October 10, 2023. In a major development in trade relations between Brazil and Russia, the European country has resumed oil exports to Brazil…
Oil and Gas
Oil companies will not stop oil and gas production plans
Inspenet, October 7, 2023. Leading companies such as Shell, BP and TotalEnergies have announced plans to increase oil and gas production in the next…
Oil and Gas
Türkiye begins drilling operations in the Black Sea
Inspenet, October 7, 2023. Türkiye Petrolleri AO (TPAO), the leading national company in the oil and gas industry in Turkey, has launched the drilling…
Oil and Gas
QatarEnergy will acquire 17 new vessels to transport LNG
Inspenet, October 7, 2023. QatarEnergy has signed a contract worth $3.9 billion with HD Hyundai Heavy Industries (a South Korean company) for the construction…
Oil and Gas
Mexico and Australia join forces to produce oil
Inspenet, October 6, 2023. Last Tuesday, the Government of Mexico announced that an Australian company will make a significant investment in collaboration with the…
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