Oil and Gas
Sinopec wins Aramco contract for project
This contract includes the construction of production and processing facilities.
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.
Latest Oil and Gas News
Oil and Gas
Texas startup wants to build the first major U.S. oil refinery. in almost 50 years
The last completely new oil refinery built in the United States dates back to 1977.
Oil and Gas
Malampaya gas field withstood typhoon without interrupting supply
Malampaya supplies 20% of the electricity supply of Luzon, the largest island in the Philippines.
Oil and Gas
Czech Republic to divest from Russian oil by 2025
In 2023, the Czech Republic needed 7.4 million tons of crude oil, more than half of which came from the Russian Druzhba pipeline.
Oil and Gas
TotalEnergies signs new LNG contracts in Asia
TotalEnergies has a global portfolio of 44 million tons of LNG per year in 2023.
Oil and Gas
Egypt Opens Tender for 15 LNG Cargoes to Boost Supply
Since the end of 2018, Egypt has not imported LNG, except for four domestically produced cargoes.
Oil and Gas
Three companies advance Block 58 project offshore Suriname
TotalEnergies will collaborate with both companies to increase hydrocarbon production.
Oil and Gas
CNOOC Unveils Major Gas Find in South China Sea
The Lingshui 36-1 gas field is located in the western region of the South China Sea.
Oil and Gas
TotalEnergies Expands with New UK Gas-Fired Power Plant Acquisition
TotalEnergies currently has 1.1 GW of installed capacity and 4.5 GW under development in the country.
Oil and Gas
Equinor Sells North Sea Gas Field Stake!
The company details that any findings in this license could be leveraged by Eirin's infrastructure and establish a connection to the Gina Krog platform.
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