Oil and Gas
Oil stomps again in Tierra del Fuego with the company Roch
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 13, 2022 The Argentine province of Tierra del Fuego returns to search for oil after four years…
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
Ecuador registers a new increase in super gasoline and reaches the highest price in its history
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 12, 2022. The cost of this fuel has been released in Ecuador since 2018 and each month…
Oil and Gas
OPEC revised to low crude demand after uncertainty over conflict between Russia and Ukraine
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 12, 2022. The partners of OPEC (Organization of Petroleum Exporting Countries), which participate in the pact with…
Oil and Gas
Nicaragua Freezes Fuel Prices During Holy Week
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 12, 2022. The Government of Nicaragua reported that it decided to freeze fuel prices for a week,…
Oil and Gas
The barrel of Texas crude opens with a fall of 3.8%, up to $ 94.45
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 11, 2022. The price of Texas intermediate oil (WTI) opened this Monday with a fall of 3.8%,…
Oil and Gas
Petrobras discovers oil in the Campos Basin pre-salt
Free translation and writing by: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 11, 2022. Petrobras reports that it has discovered a new accumulation of oil…
Oil and Gas
Govt of India agrees with IEA decision to release collective oil reserves of 120 million barrels
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 8, 2022. The government led by Narendra Modi declared on Thursday that it welcomes the International Energy…
Oil and Gas
Saudi Arabia increases oil prices to record premiums
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 8, 2022. The world's biggest crude oil exporter, Saudi Arabia, raised official selling prices for its flagship…
Oil and Gas
An ‘electronic nose’ and infrared assess the quality of gasoline
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 8, 2022. A research team from the University of Cádiz has applied two different artificial intelligence tools…
Oil and Gas
A recent discovery of mega-offshore oil fields in South Africa increases the chances of finding oil off the coast of Argentina
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 7, 2022. In January 2022, the industry was shocked by the announcements of two major offshore discoveries…
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