Oil and Gas
Vietnam approves development of Jadestone’s Nam Du U Minh gas field
Vietnam authorizes the Nam Du U Minh offshore development, unlocking reserves and new gas infrastructure.
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
Constellation to Sell Energy Assets in PJM to LS Power for $5B
Constellation agreed to sell natural gas plants in Delaware and Pennsylvania as part of regulatory commitments following the Calpine acquisition.
Oil and Gas
bp accelerates its restructuring with the sale of the Gelsenkirchen refinery
The transfer of the German complex to Klesch Group aims to reduce operating costs and strengthen its balance sheet by 2027.
Oil and Gas
Vulcan Offshore adapts TBOP system to stabilize wells in the Gulf of America
The company installed a customized solution to reduce fatigue on wellheads over a soft seabed, strengthening safety in offshore operations.
Oil and Gas
Missile Attacks Paralyze 17% of QatarEnergy’s LNG Exports
Qatar loses $20 billion annually following damage to its facilities at Ras Laffan.
Oil and Gas
Sonadrill extends contract in Angola until 2028
Sonadrill expands operations in Angola with a contract securing offshore activity until 2028.
Oil and Gas
MidOcean Energy increases its stake in Gorgon LNG
MidOcean Energy increases its stake in Gorgon LNG and advances a global strategic partnership with JERA.
Oil and Gas
Venture Global Drives CP2 LNG with Record Investment Decision and Financing
Venture Global secures financing and FID for CP2 LNG Phase 2, consolidating its expansion in the global LNG market.
Oil and Gas
The vessel Obana begins its first decommissioning campaign in the North Sea
The Obana begins offshore operations to decommission platforms in the North Sea with high lifting capacity.
Oil and Gas
Petrofac Emirates Acquired by Consortium Led by Mason Capital Management
With support from firms such as Teneo, the process has culminated in a transition that protects both employees and strategic clients in the region.
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