Oil and Gas
Kuwait opens its pipeline network to global funds in a major deal
Kuwait moves towards a 25-year pipeline concession to attract $7 billion in foreign investment.
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
Eni Prepares to Approve Mega-Investment in Offshore Gas in Indonesia
Italian energy company Eni will announce in March its final decision on two key deepwater gas projects in Indonesia.
Oil and Gas
UK launches largest sanctions package against Russia since 2022
The British government announces nearly 300 new sanctions against Russia that hit oil, banking and military funding.
Oil and Gas
The United States faces winter’s impact on the Northeast power grid
The priority of utility companies is focused on the gradual restoration of the grid's main nodes.
Oil and Gas
The Supreme Court Defines the Future of ExxonMobil’s Compensation from Cuba
The highest U.S. court is evaluating whether the Helms-Burton Act allows Cuban entities to be prosecuted for oil assets confiscated after the 1959 revolution.
Oil and Gas
U.S. LNG exports drive record in Europe
Europe imports more LNG than ever as China withdraws from the spot market and the U.S. expands shipments.
Oil and Gas
Halliburton and Pertamina Bet on Hydraulic Fracturing Technology in Indonesia
This alliance is directly focused on implementing well construction and stimulation systems with notable sophistication in the region.
Oil and Gas
Petronor stops Muskiz refinery due to electrical failure
The total shutdown of Petronor in Muskiz took place at 17.15 hours due to lack of electricity supply and activated the safety flares.
Oil and Gas
Chevron consolidates its advance in Iraq with an eye on West Qurna 2
Chevron obtains exclusivity to negotiate its entry to the largest Iraqi oilfield after Lukoil's withdrawal due to U.S. sanctions.
Oil and Gas
Aramco completes first exports of ultra-light crude oil to the U.S. and India
This move seeks to reach a constant production of 2 billion cubic feet per day by 2030.
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