Oil and Gas
Pemex reduces methane emissions and jeopardizes its fiscal impact
Government revenues from exploration and production could decrease by 84% in a Zero Net Emissions scenario, according to Carbon Track.
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
Saudi Aramco started the second day of mass share sales
The company announced the sale of 1,545 million shares on the Saudi stock exchange, setting prices between $7 and $7.70 per share.
Oil and Gas
Scientists create sponge for oil spills
CNF-SP aerogel combines biodegradable cellulose and spiropyran, which allow its reuse in oil spill cleanup.
Oil and Gas
Langeled Pipeline Fix to Slash Norway’s Gas Exports
The pipe will be repaired by Gassco and production will continue normally and with no further news.
Oil and Gas
U.S. purchases 3 million barrels of oil to secure Strategic Petroleum Reserve
The US DOE has so far recompleted 38.6 million barrels and will continue to evaluate opportunities to increase the Strategic Reserve.
Oil and Gas
World’s Largest Gas Station Breaks 3 Records! Meet It Now!
In addition to his records, he won the "Best Bathroom in America" award.
Oil and Gas
Large oil and gas reserves found in South Korea in the East Sea
More than 14 billion barrels of oil and gas. This is equivalent to 300 times greater than the gas discovered in the Donghae gas…
Oil and Gas
Vermont Holds Oil Firms Accountable for Emission Damage Costs
S.259 in Vermont calculates the cost of greenhouse gas emissions from January 1, 1995 through December 31, 2024.
Oil and Gas
Repairs to the Sudan pipeline nearly complete, operations to resume soon
Oil accounts for 90% of South Sudan's foreign exchange earnings.
Oil and Gas
Norway will not allow oil and gas exploration in Nordland 6 area
In 2022, Norway became Europe's largest gas supplier, surpassing Russia.
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