Oil and Gas
Venture Global and Vitol sign LNG supply agreement
Both companies strengthen their strategic alliance with a contract for 1.5 MTPA of liquefied natural gas starting in 2026
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.
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Latest Oil and Gas News
Oil and Gas
A modular data center will be deployed on an offshore platform!
The new data center will enable drilling data processing and the running of AI models directly offshore.
Oil and Gas
Equinor Begins Drilling on Raia Project and Accelerates Gas Development in Brazil
Equinor begins drilling on the Raia project in Brazil, key to offshore natural gas supply toward 2028.
Oil and Gas
Baker Hughes powers ST LNG’s offshore LNG project in Texas with key technology
Technology agreement drives development of an 8.4 MTPA offshore LNG terminal in Texas.
Oil and Gas
ExxonMobil and Halliburton Implement Automated Well Placement in Guyana
Closed-loop automated system improves well placement and drilling efficiency in Guyana.
Oil and Gas
Deutsche ReGas Obtains Permanent Permit for Its LNG Terminal in Mukran
Deutsche ReGas secures permanent operation of its LNG terminal in Mukran following key regulatory approval.
Oil and Gas
U.S. Lends 45.2 Million Barrels from Its Strategic Petroleum Reserve
The United States launches its energy stabilization plan following the war with Iran, lending millions of barrels to major oil companies.
Oil and Gas
Econotherm to Supply 6.6 MW Heat Pipe Heat Exchanger in Thailand
Econotherm introduces heat pipe heat exchanger in Asian refineries, highlighting its design without critical failures and high efficiency in thermal recovery.
Oil and Gas
SBM Offshore secures FEED contracts for the Longtail project in Guyana
SBM Offshore will lead the FPSO FEED engineering for the Longtail development in Guyana’s deep waters.
Oil and Gas
Saudi Arabia has cut crude oil exports to Asia
Saudi Aramco will limit its shipments to Asia and will rely on the Port of Yanbu to bypass the geopolitical blockade.
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