Oil and Gas
Ecopetrol launches petrochemicals export model to Latin America
With a weekly export volume of 1,500 tons, the company has already signed 12 commercial contracts under this model.
Oil and gas remain fundamental pillars of the global energy system. This category features news covering exploration activities, production developments, strategic investments, and major projects related to the hydrocarbon industry across different regions of the world.
Coverage includes new resource discoveries, expansion of production operations, partnerships between energy companies, and technological advancements supporting exploration and hydrocarbon development. News also highlights market dynamics, corporate strategies, infrastructure projects, and industry initiatives influencing the global supply of oil and natural gas.
Stories in this category reflect how the sector continues to evolve in response to energy demand, technological innovation, and the broader energy transition, while maintaining a central role in the global energy landscape.
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Oil and Gas
OMV announces major gas discovery in the Norwegian Sea
This major gas discovery in the Norwegian Sea has an estimated value of up to 140 million barrels of oil equivalent.
Oil and Gas
Company seeks to build new ethane cracker plant in Louisiana
Shintech, a subsidiary of Shin-Etsu Chemical, has filed a permit application with the Louisiana Department of Environmental Quality (LDEQ) to construct a new ethane…
Oil and Gas
Proposed law seeks to ban fracking in Colombia
The project has obtained the support of both pro-government and center-right political parties.
Environment
Chevron expands CCS portfolio with greenhouse gas assessment permit in Western Australia
Obtaining the greenhouse gas assessment license in Western Australia boosts the company's offshore carbon capture and storage (CCS) strategy.
Oil and Gas
Dozens of NGOs accuse UK offshore oil and gas licenses of “illegality”
The legal action is supported by organizations such as Greenpeace and Friends of the Earth.
Oil and Gas
Vår Energi’s Balder X project suffers production delay
Balder X will allow the Balder field to continue producing oil beyond 2045, ensuring the extraction of approximately 150 million additional barrels.
Oil and Gas
Norway plans to increase oil and gas exploration and production through 2050
Maintaining Norway's competitiveness as an oil and gas producer will depend on exploration and production from existing infrastructure and additional resources.
Oil and Gas
Eni starts gas production at the Argo Cassiopea field in Sicily
All gas production at Argo Cassiopea takes place underwater, minimizing visual impact and maintaining near-zero emissions.
Oil and Gas
Petrobras signs contract to acquire subsea equipment in the Roncador Field
This equipment is essential for offshore oil and gas production.
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