Oil and Gas
U.S. pushes for oil return in Venezuela
USA The company is promoting the return of Venezuelan crude oil to the market without offering support to the firms that assume the 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
McDermott strengthens its offshore presence with new EPCI contract in Abu Dhabi
Global engineering and construction provider McDermott has been selected by ADNOC to execute an EPCI contract that will boost production capacity at the Al…
Oil and Gas
USA in Davos calls for doubling of oil production
Wright proposes doubling the world's oil supply to address energy poverty and reduce regulatory tensions with the EU and California.
Oil and Gas
First LNG cargo from Barossa begins voyage from Darwin to Japan
The start of operations was also made possible by the completion of the Darwin LNG life extension project.
Oil and Gas
Eni divests 10% of the Baleine project to SOCAR in a strategic move
The Baleine development enhances local energy capacity, and becomes a reference for future offshore developments in the region.
Oil and Gas
Kinder Morgan reports record earnings as LNG demand drives pipeline growth
The energy company reported its highest quarterly profit ever, bolstered by the liquefied natural gas boom and a solid expansion of its transportation infrastructure.
Oil and Gas
API strengthens operational safety with new frac iron standard
API establishes technical requirements for frac iron, enhancing safety in high-pressure oilfield operations.
Oil and Gas
Equinor and ORLEN locate new gas and condensate reservoir in North Sea
The 15/8-3 S well confirmed a 95-meter hydrocarbon column in the Hugin Formation.
Oil and Gas
Tengiz oilfield shutdown triggers official response in Kazakhstan
The temporary shutdown due to a technical failure in the turbines has halted one of the country's main sources of crude oil.
Oil and Gas
Lime Petroleum strengthens its presence in Norway with new North Sea developments
Lime Petroleum strengthens its strategy in Norway after producing at Talisker, receiving the PL1279 license and successfully closing the Bestla campaign.
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