Oil and Gas
THREE60 Energy, Innovair and Oil States team up for offshore caisson integrity
A single technical alliance manages end-to-end caisson integrity on mature offshore platforms.
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
Argentina expands the RIGI to boost Vaca Muerta
The incentive regime will now include unconventional oil and gas production projects, with tax and exchange benefits for 30 years.
Oil and Gas
Repsol reveals that Venezuela owes it more than 5.4 billion USD
Repsol reported that Venezuela owes it more than USD 5.4 billion for energy supplies and joint agreements.
Oil and Gas
Libya awards fuel supply contracts to Western firms
The country replaces crude oil with direct tenders and displaces Russia from the Libyan energy market.
Oil and Gas
SLB positions itself as a key partner in offshore gas development in Indonesia
SLB will perform critical services to extract deepwater gas from Tangkulo and strengthen Indonesia's energy supply.
Oil and Gas
Nigeria to redirect all oil revenues to the Federation Account
Oil proceeds will no longer be subject to deductions before reaching the national budget.
Oil and Gas
Conpet operator confirms cyberattack and Qilin claims data theft
Qilin claims to have stolen 1 TB of data from Conpet after compromising internal systems without affecting logistics operations.
Oil and Gas
Chevron and HELLENiQ ENERGY sign offshore exploration agreements in Greece
The contract stipulates that the consortium must execute two- and three-dimensional seismic acquisition programs during the initial stage of the lease.
Oil and Gas
Kazakhstan announces construction of new oil and petroleum refinery by 2033
The development of this project represents a paradigm shift in the economic dynamics of the Kazakh extractive sector.
Oil and Gas
Nigeria loses $1.31 billion due to oil production shortfall
Non-compliance with OPEC quotas generates a deficit of 18.12 million barrels, affecting the country's fiscal stability.
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