Oil and Gas
Morgan Stanley warns of an oil supply glut
The investment bank expects a looser oil market in the second half of the year due to higher supply and slower demand growth.
Latest Oil and Gas News
Oil and Gas
OPEC+ prepares another 188,000 bpd production increase for August
The group seeks to regain market share lost during cuts and respond to fiscal urgencies, as well as the maritime passage through which nearly…
Oil and Gas
Mitsubishi Gas Chemical and Gold Hydrogen Evaluate Green Methanol Production in Australia
Both corporations sign an agreement to study the commercial viability of using natural hydrogen on the Yorke Peninsula.
Oil and Gas
Vår Energi strengthens Gjøa with its entry into the Peon field
The asset swap between Vår Energi and Equinor strengthens the development of the Gjøa area through the incorporation of the Peon field.
Oil and Gas
Eni joins the Argentina LNG project with a stake in Vaca Muerta
The operation integrates Eni into key Vaca Muerta blocks to supply the Argentina LNG project.
Oil and Gas
Eni and NOC boost Libyan gas with the Sabratha compression project
The Sabratha compression project will allow Libya to increase its gas production and strengthen the national energy supply and exports to Italy.
Oil and Gas
Strait of Hormuz maintains its strategic role in stabilizing the energy market
The Strait of Hormuz remains the world’s most strategic energy corridor by sustaining oil and LNG transport despite geopolitical uncertainty.
Oil and Gas
Santos signs a domestic gas sales agreement with South Australia
Upgrading production facilities while reducing emissions brings economic benefits for South Australia.
Oil and Gas
Oil and LNG continue to flow through the Strait of Hormuz despite the tension
Oil and LNG exports continue to operate in the Strait of Hormuz despite increased geopolitical tension.
Oil and Gas
SBM Offshore commissions SWS to build the seventh Fast4Ward MPF7 hull
SBM Offshore ordered the seventh Fast4Ward MPF7 hull to bolster the development of future floating FPSO platforms for the offshore market.
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