Oil and Gas
Santos cuts 10% of its workforce and reduces operating costs
Unit production cost at US$6.78/boe, the lowest level in a decade.
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Oil and Gas
Oil price rises nearly 4% on tensions between Russia, Ukraine and Iran
Geopolitical uncertainty between Moscow, Kiev and Tehran is driving international crude oil prices higher.
Oil and Gas
Eni, YPF and XRG boost Argentina’s gas export potential
Technical and financial cooperation will enable the gas and liquefaction complex to generate sustainable economic benefits and skilled jobs in the region.
Oil and Gas
India plans to use gas at peak hours to support power grid
India plans to activate gas plants at night as a key backup to the intermittent growth of renewable energies.
Oil and Gas
Venezuelan oil to generate US$5 billion in revenues in the coming months
It is estimated that Venezuelan crude oil sales will reach historic figures in 2026, while energy agreements and reforms are being accelerated.
Oil and Gas
Reliance receives green light from U.S. to import Venezuelan oil
The company will be able to resume its direct purchases of Venezuelan crude oil thanks to a new U.S. license, in a context of…
Oil and Gas
DNV strengthens safety with robust 3D mapping of flame detectors
DNV launches RP-A102 for 3D mapping of flame detectors with focus on uncertainty and ALARP decisions in high-risk industries.
Oil and Gas
Brazil projects a strong rebound in oil and gas exploration investments
Brazil projects investments of up to US$1.2 billion in oil and gas exploration between 2026 and 2033, led by offshore drilling.
Oil and Gas
CERN heat already heating homes in France
Thousands of homes in Ferney-Voltaire are already heated by waste heat from the Large Hadron Collider.
Oil and Gas
Vår Energi consolidates its leadership with record production plan for 2026
The Norwegian company plans to reach 410,000 barrels per day in 2026 after doubling its operating capacity and securing reserves of 2.2 billion barrels.
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