Oil and Gas
Valeura Energy starts oil production at Nong Yao C in the Gulf of Thailand
Oil production targets at Nong Yao C are to exceed 11,000 barrels per day in the coming months.
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
Natural gas pipeline explosion in Louisiana leaves one person dead
Although the pipelines have been blocked, one of them is still on fire, burning the remaining natural gas.
Oil and Gas
Pipeline fire reduces crude oil exports in Libya
The Sharara field accounts for 25% of Libya's oil production.
Oil and Gas
Autry Stephens, the richest oilman in the United States, died at the age of 86
His daughter will assume the chairmanship of the board of directors.
Oil and Gas
McDermott secures EPCI contract for offshore gas in Trinidad and Tobago
McDermott is leading the development of the Manatee gas field with a key EPCI contract in Trinidad and Tobago.
Oil and Gas
Seatrium delivered Vali, its fourth self-elevating rig to Borr Drilling
The Vali platform was delivered almost a year ahead of schedule, an unusual feat in the offshore platform construction industry.
Oil and Gas
Ecopetrol withdraws from $3.6 billion oil deal with OXY
This agreement could have generated more revenue than the entire GDP of some small Caribbean nations.
Oil and Gas
ExxonMobil announces seventh oil project in Guyana
The company presents its plans for this oil project offshore Guyana, increasing production capacity to more than 1.4 million bpd by 2029.
Oil and Gas
SBM Offshore secures FSO contract for Trion oil project with Woodside Energy in Gulf of Mexico
This agreement allows for the consolidation of the companies and the future Trion oil project in Mexican waters.
Oil and Gas
China completes and delivers largest oil rig to Saudi Aramco
This gigantic structure is recorded as the largest oil and gas platform built and delivered internationally in China.
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