Oil and Gas
More oil in Mexico? Company discovers oilfield in the Gulf
Inspenet, March 20, 2023 The Italian oil company Eni announced the discovery of a new oil field in Mexico that according to its preliminary…
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.
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Oil and Gas
Asia’s deepest onshore oil well drilled
Inspenet, March 17, 2023 The Chinese state oil company Sinopec, one of the largest companies in the Asian giant's sector, drilled 8,937.77 meters in…
Oil and Gas
OPEC congratulates Mexico for investing in the Dos Bocas Refinery
Inspenet, March 16, 2023 Haitham Al-Ghais, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), congratulated the Government of Mexico for its…
Oil and Gas
Equinor discovers hydrocarbons in the North Sea
Inspenet, March 16, 2023 Norwegian state oil company Equinor has announced its second oil and gas discovery this year, in a field near the…
Oil and Gas
Shell makes an offshore discovery off the coast of Namibia
Inspenet, March 9, 2023 The Shell and Qatar Energy consortium announced its third discovery off the coast of Namibia. With the third consecutive major…
Oil and Gas
Turkey could be the next gas hub
Inspenet, March 8, 2023 Turkey, due to its geographical location and infrastructure, is considered a good place to have a gas hub, according to…
Oil and Gas
Pemex increased its production to 77 Mbd with ten new wells
Inspenet, March 8, 2023 Pemex Exploration and Production (PEP), managed to obtain a significant increase in the production of liquids (condensates) due to the…
Oil and Gas
Petrobras posted record profits in 2022
Inspenet, March 7, 2023 Petrobras announced a dividend of 35.8 billion reais ($6.9 billion) in the fourth quarter of 2022, raising the annual number…
Oil and Gas
TotalEnergies buys CEPSA’s upstream assets in the UAE
Inspenet, March 7, 2023 TotalEnergies has signed an agreement with CEPSA to acquire its upstream assets in the United Arab Emirates. The two companies…
Oil and Gas
Baker Hughes wins Agogo oil subsea contract
Inspenet, March 7, 2023 Energy technology company Baker Hughes has won a major contract to provide subsea equipment and services from Azule Energy for…
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