Oil and Gas
SBM Offshore secures FEED contracts for the Longtail project in Guyana
SBM Offshore will lead the FPSO FEED engineering for the Longtail development in Guyana’s deep waters.
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 Arabia has cut crude oil exports to Asia
Saudi Aramco will limit its shipments to Asia and will rely on the Port of Yanbu to bypass the geopolitical blockade.
Oil and Gas
Arcius Energy begins gas drilling in Egypt with Valaris
The Valaris DS-12 vessel begins exploration in the Atoll West and Nofrit fields to double natural gas production in Egyptian territory.
Oil and Gas
Maha completes acquisition in PetroUrdaneta following OFAC General License 52
Maha completes purchase of 24% in PetroUrdaneta after sanctions were eased through OFAC General License 52.
Oil and Gas
TGS completes GSX seismic campaign in the Norwegian Sea and expands its offshore database
TGS completes GSX campaign with advanced seismic data for offshore exploration in the Norwegian Sea.
Oil and Gas
Explosion at Valero refinery in Texas causes fire and precautionary alert
Explosion at Valero refinery in Texas causes fire with no reported injuries and triggers local emergency measures.
Oil and Gas
Shell Estimates One-Year Repair for Pearl GTL Plant in Qatar
Unit two of the Pearl GTL plant will remain offline for one year, Shell confirmed following attacks in the Middle East.
Oil and Gas
Bangladesh Requests $2 Billion USD to Secure LNG and Fuel Supply
The country imports approximately 95% of its energy
Oil and Gas
ABB automates gas leak detection with the EmissionVision platform
The platform enables alerts detected by mobile systems such as MobileGuard to be instantly converted into work orders.
Oil and Gas
Alaska Oil Lease Sale Reaches Record $163 Million from Major Energy Companies
Alaska oil lease sale reaches record $163 million with participation from major global energy companies
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