Oil and Gas
Arcius Energy begins gas drilling in Egypt with Valaris
The Valaris DS-12 vessel begins exploration in the Atoll West and Nofrit fields to double natural gas production in Egyptian territory.
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.
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Latest Oil and Gas News
Oil and Gas
Maha completes acquisition in PetroUrdaneta following OFAC General License 52
Maha completes purchase of 24% in PetroUrdaneta after sanctions were eased through OFAC General License 52.
Oil and Gas
TGS completes GSX seismic campaign in the Norwegian Sea and expands its offshore database
TGS completes GSX campaign with advanced seismic data for offshore exploration in the Norwegian Sea.
Oil and Gas
Explosion at Valero refinery in Texas causes fire and precautionary alert
Explosion at Valero refinery in Texas causes fire with no reported injuries and triggers local emergency measures.
Oil and Gas
Shell Estimates One-Year Repair for Pearl GTL Plant in Qatar
Unit two of the Pearl GTL plant will remain offline for one year, Shell confirmed following attacks in the Middle East.
Oil and Gas
Bangladesh Requests $2 Billion USD to Secure LNG and Fuel Supply
The country imports approximately 95% of its energy
Oil and Gas
ABB automates gas leak detection with the EmissionVision platform
The platform enables alerts detected by mobile systems such as MobileGuard to be instantly converted into work orders.
Oil and Gas
Alaska Oil Lease Sale Reaches Record $163 Million from Major Energy Companies
Alaska oil lease sale reaches record $163 million with participation from major global energy companies
Oil and Gas
Shell Turbo Technologies increases gas capacity at Gbaran CPF
Shell technology increases gas capacity in Nigeria without new facilities by optimizing existing processes.
Oil and Gas
Maurel & Prom optimizes its stake in Angolan oil blocks
The move follows Sonangol's decision to actively participate in the absorption of the interests Etu held in these fields.
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