Oil and Gas
Phillips 66 beats forecasts and returns to positive territory thanks to improved margins
The level of capacity utilization remained close to the technical maximum, reflecting a stable operation.
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
PETRONAS secures long-term LNG supply with QatarEnergy
The agreement fixes stable volumes of liquefied natural gas for two decades and strengthens Malaysia's energy security.
Oil and Gas
Gulf stock markets rise on oil as Dubai records all-time highs
A survey showed that the UAE's non-oil private sector accelerated new business growth in January.
Oil and Gas
U.S. refineries face Venezuelan crude oversupply
The increase in exports from Venezuela exceeds the purchasing capacity of U.S. refineries and forces the company to seek new markets.
Oil and Gas
USA oil production reopens in Venezuela
Washington will allow companies to operate Venezuelan oil fields under supervised financial control following the capture of former President Nicolás Maduro.
Oil and Gas
Marathon Petroleum boosts earnings after applying stronger refining margins
The increase in refining margins strengthened the quarterly results and the positive market reaction.
Oil and Gas
Delfin LNG pipeline explosion mobilizes authorities in Louisiana
A leak and fire on a gas line operated by Delfin LNG in Cameron Parish revives concerns about energy security in the region.
Oil and Gas
Kuwait: TotalEnergies and Kuwait Oil Company sign a technical cooperation agreement
TotalEnergies and Kuwait Oil Company (KOC) sign Memorandum of Understanding
Oil and Gas
Aramco completes $4 billion bond issue
The transaction was priced on January 26, 2026 and the bonds were listed on the London Stock Exchange.
Oil and Gas
Shell sells 20% of its Orca project to KUFPEC in deepwater Brazil
Orca's planning is taking place in the deep waters of the Brazilian pre-salt, an area that concentrates some of the largest offshore resources in…
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