Oil and Gas
Timor-Leste approves environmental license for the Chuditch-2 well
The authorization allows Sunda Energy to move forward with drilling in one of Southeast Asia’s key gas blocks.
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
ABL strengthens its foothold in Guyana with a new contract for the Hammerhead development
ABL will carry out marine inspection for Hammerhead, ExxonMobil’s seventh deepwater development offshore Guyana.
Oil and Gas
TotalEnergies announces the restart of production at the Mabruk field in Libya
Formally launched in May 2024, this project has achieved startup in less than 24 months.
Oil and Gas
Seatrium and Karpowership announce eighth LNG FSRU conversion
The contract to convert the LNGT Karadeniz vessel will enable processing of up to 600 million cubic feet per day of natural gas.
Oil and Gas
PETRONAS confirms hydrocarbon discovery in Barokah-1
The discovery was made off the coast of East Java, within the North Ketapang PSC.
Oil and Gas
Equinor and Wellesley drive HPHT exploration in the North Sea
The companies will drill up to 15 wells between 2027 and 2030 on the Norwegian Continental Shelf
Oil and Gas
Chevron and Shell expand operations in oil fields following legal reforms in Venezuela
The signing of these preliminary protocols took place within a framework of diplomatic rapprochement toward the Caribbean nation.
Oil and Gas
Seatrium marks a key milestone with gas injection in FPSO P-78
Gas injection marks the full operational commencement of P-78 in the Búzios field, key for Brazil's offshore energy.
Oil and Gas
GeoPark announces the withdrawal of its bid for Frontera Energy assets in Colombia
The company prefers to maintain a solid capital structure and focus its resources on projects that guarantee more attractive risk-adjusted returns within its current…
Oil and Gas
ExxonMobil Proposes to Move Its Legal Domicile from New Jersey to Texas
The company seeks to align its legal framework with its operational and legal center in Texas, where it concentrates its workforce and strategic leadership.
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