Oil and Gas
TGS boosts exploration in Australia with new PSDM seismic reprocessing project
TGS reprocesses more than 19,000 kilometers of seismic data to redefine geologic analysis in the Bonaparte Basin.
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.
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Latest Oil and Gas News
Oil and Gas
Sintana Energy secures exclusivity to expand in the Walvis Basin
Such exclusivity would allow Sintana to negotiate its entry as a shareholder of Paragon, thus obtaining an indirect interest in PEL 37.
Oil and Gas
Global LNG supply market enters expansion phase with a view to 2026
Major European importers are increasing their storage capacity in preparation for winter consumption peaks.
Oil and Gas
PetroTal adjusts its 2026 strategy with focus on liquidity and efficiency
The plan contemplates drilling in Brittany and a minimum cash reserve to ensure operational stability during the year.
Oil and Gas
IEA projects new balance in the global oil market
Demand to grow more than expected as oversupply creates a cushion in inventories
Oil and Gas
Halliburton announces fourth-quarter 2025 profit
During the quarter, the company's revenues amounted to US$5.7 billion, while adjusted operating margin rose to 15 %.
Oil and Gas
Seadrill reactivates West Capella with 157 million contract in Malaysia
Offshore drilling company Seadrill Limited has announced the award of contracts for its West Capella, West Elara and West Carina vessels.
Oil and Gas
Galp boosts upstream growth in Brazil and Namibia after restructuring
The refocusing on regions such as Brazil and Namibia is part of a strategy of geographic diversification and portfolio optimization.
Oil and Gas
OGDCL reports oil and gas discovery in Baragzai X-01 within Nashpa block
The Baragzai X-01 well was able to extract 3,100 barrels of oil per day and 8.15 million cubic feet of gas.
Oil and Gas
TotalEnergies holds solid Q4 2025 performance on refining strength and higher production
European refining margins surged more than 200%, helping offset weaker crude and LNG prices, while upstream volumes added resilience to operating cash flow.
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