Oil and Gas
Decom Engineering Exceeds Annual Target with £4.5 Million in Contracts
The firm anticipates record revenues after expanding its cold cutting contracts and subsea engineering services.
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
Oil heads for strong weekly gains amid US-Iran tensions
Brent and WTI accumulate strong weekly gains amid the risk of oil disruptions in the Middle East.
Oil and Gas
Kent signs long-term EPC and PMC agreements with Aramco
Kent will join Aramco's bidding panels for future brownfield EPC projects and PMC consulting services.
Oil and Gas
CB&I Will Extend Kittiwake Field Management with EnQuest
CB&I will continue operating the Kittiwake field for EnQuest until production shutdown and decommissioning of the offshore infrastructure.
Oil and Gas
Energy corporations redirect their investments toward Southeast Asia and Latin America
Prolonged instability in the Strait of Hormuz drives the search for strategic alternatives for the global supply of hydrocarbons.
Oil and Gas
EIA Raises Henry Hub Price Forecasts for 2026 and 2027
The EIA revised up its Henry Hub price forecasts while projecting elevated inventories and record natural gas production in the United States.
Oil and Gas
Oil Volatility Rises Amid Global Uncertainty
Oil volatility intensifies due to geopolitical tensions and financial uncertainty, with Brent and WTI recording their largest weekly advance since April.
Oil and Gas
GEA optimizes refineries with high energy efficiency decanters
GEA incorporates new decanter centrifuges to improve energy efficiency, reuse water and reinforce safety in refinery operations.
Oil and Gas
Harbour Energy buys Waldorf assets in the North Sea
Harbour Energy expands its oil and gas portfolio after completing the acquisition of Waldorf assets in the UK North Sea.
Oil and Gas
Sunda Energy expands its exploration strategy in New Zealand
The company seeks to expand its presence in New Zealand with exploration that will allow for the re-evaluation of the Awakino gas field using…
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