Oil and Gas
Argentina’s best oil production in 20 years recorded
Oil production in Argentina reached 690,000 barrels per day in March, with 52% coming from Vaca Muerta.
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
Freeport LNG plant resumed 100% operations
The plant can produce up to 15 million metric tons of LNG per year, enough to cover the gas consumption of approximately 5 million…
Oil and Gas
Chevron pulls out of the North Sea after 55 years
Chevron owns a 19.4% interest in the Clair field, the largest in the British North Sea.
Oil and Gas
Qatar secures more LNG contracts this year
Qatar plans to increase its LNG production capacity to 142 million tons per year.
Oil and Gas
Russia discovered oil and gas reserves in Antarctica
The oil reserves discovered are equivalent to ten times the production of the North Sea in the last 50 years.
Oil and Gas
India extends bidding deadlines for 28 oil blocks
Some market analysts suggest that a lack of investor interest could be a determining factor.
Oil and Gas
ExxonMobil Set to Launch Oil Exploration in Angola
The Likembe-01 well reached a final depth of 3,013 meters, crossing Miocene formations and confirming the presence of oil.
Oil and Gas
South Africa Sees First Natural Gas-to-Power Conversion Success
The quality of the gas used is high, with a calibrated meter showing almost 99% methane and only 1% nitrogen.
Oil and Gas
China wins key oil and gas contracts in Iraq
Iraq is seeking to increase its local production of petrochemicals and reduce its dependence on gas imports from Iran.
Oil and Gas
An oil platform anchored in the port of Montevideo
The Posh Xanadu oil platform has a capacity for 700 people.
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