Oil and Gas
ConocoPhillips cuts 2025 profit, maintains 2026 plan
Solid production, financial discipline and commitment to LNG underpin ConocoPhillips' strategy in the face of weaker oil prices.
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
DNO considering joining Kurdistan crude oil export agreement
DNO is evaluating joining the pipeline system to Turkey to access better international prices.
Oil and Gas
Iran seizes two oil tankers in the Persian Gulf, reigniting risks along the oil route
The seizure of the ships, loaded with more than a million liters of fuel, raises tensions on one of the world's most critical energy…
Oil and Gas
Alberta reopens debate on pipeline to export crude oil to Asia
Alberta is considering reactivating a pipeline to the Pacific to increase Canadian crude oil exports to Asia.
Oil and Gas
Equinor enters “efficiency mode” and reshapes its operating strategy
Equinor's adjustment reflects a change in cycle: less expansion, more operational discipline, cost control and a focus on the reliability of energy assets.
Oil and Gas
MOL Group strengthens its international presence with energy alliance in Libya
MOL and NOC activate technical and commercial cooperation for new oil projects and strengthen Eurasian energy supply.
Oil and Gas
Geopolitical relief knocks oil prices down 3%.
U.S. and Iran prepare talks in Oman as market reacts to possible diplomatic detente.
Oil and Gas
“India exports fuel to Europe after ban on Russian crude oil products”
Oil major Reliance Industries completes India's first jet fuel export to Europe
Oil and Gas
SLB to lead development of Mutriba field in Kuwait
Kuwait Oil Company commissions SLB to develop Mutriba, a complex reservoir with extreme conditions and high potential.
Oil and Gas
Phillips 66 beats forecasts and returns to positive territory thanks to improved margins
The level of capacity utilization remained close to the technical maximum, reflecting a stable operation.
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