Oil and Gas
Baker Hughes and Petrobras sign a contract to maintain 19 FPSOs and the Replan refinery in Brazil
The strategic partnership underscores the importance of life-cycle services for highly complex assets.
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
Equinor Expands Johan Castberg with New Discovery at Polynya Tubåen
Equinor discovers between 14 and 24 million barrels at Polynya Tubåen, reinforcing the Barents Sea's potential as a new energy frontier.
Oil and Gas
Petrobras confirms gas discovery in deep waters off Colombia
Petrobras confirms gas accumulation at the Copoazu-1 well in Colombia’s deep waters.
Oil and Gas
Eni drives deepwater gas projects in Indonesia following new FIDs
Eni approves FID for two offshore gas hubs in Indonesia with production scheduled to start in 2028.
Oil and Gas
Sable Offshore resumes crude oil transport in California under federal mandate
The reactivation of crude flow in the Santa Ynez Unit following a federal national energy security order.
Oil and Gas
Monumental Energy Begins Commercial Production at Waihapa H1 Well
Waihapa H1 Well Begins Flowing High-Pressure Oil Without Additional Stimulation in Taranaki Basin
Oil and Gas
Angola announces the start of production at the Quiluma field
Angola's first non-associated gas field will supply 2 million tons of LNG annually to Europe and Asia.
Oil and Gas
Venezuela Signs Oil Agreements with Repsol and Eni to Produce Gas
The reactivation of the Cardón IV field will enable Venezuela to position itself once again as a key gas exporter in the regional market.
Oil and Gas
ORLEN expands its LNG carrier fleet for LNG transport
This logistics autonomy enables the company to manage its contractual deliveries without relying on third-party charters, optimizing costs and operational agility in a volatile…
Oil and Gas
TotalEnergies announces its strategy regarding the impact of the Middle East conflict
The 15% suspension of offshore production is financially offset by the rise in Brent prices and the stability of onshore assets.
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