Oil and Gas
Cairn Oil & Gas boosts gas production on India’s West Coast
The company has confirmed the discovery of natural gas in the Ambe-2A well to accelerate hydrocarbon production on the Indian West Coast.
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
Mozambique’s president leads the relaunch of the Mozambique LNG Project
The project will further consolidate Mozambique as an energy hub in Southern Africa, promoting access to new energy sources and contributing to the diversification…
Oil and Gas
Baker Hughes boosts energy efficiency with Kantori
Kantori unified technology automates well planning and execution through physical modeling and real-time data analysis.
Oil and Gas
High-impact wells: : Africa will concentrate ~40% of exploratory wells in 2026.
Africa to dominate high-impact wells Africa is set to be the main driver of global exploration in 2026, accounting for around 40% of planned…
Oil and Gas
Fuel production in Mexico puts pressure on U.S. refineries.
Mexico's reduced energy dependence hits U.S. exporters in the face of a gasoline glut without a buyer.
Oil and Gas
Refinadora Valero buys Venezuelan crude from three authorized sellers
Valero Energy has finalized the purchase of Venezuelan crude oil from three U.S.-approved suppliers.
Oil and Gas
ExxonMobil beats fourth quarter 2025 earnings expectations
The company remains committed to its ability to generate value in an uncertain market, while continuing to adjust its operating model to adapt to…
Oil and Gas
Oil prices reach $70 due to U.S. tension. – Iran
Crude oil rises more than 3% as investors discount a higher risk premium in the face of impending instability in the Strait of Hormuz.
Oil and Gas
Petrobras strengthens its strategic position by increasing proven reserves by 2025
The company guarantees 12.5 years of continuous production through the excellent performance of its assets in the Santos Basin.
Oil and Gas
Venezuela approves law allowing commercial autonomy to private oil companies
The regulation grants private operators the power to market crude oil and manage revenues independently, eliminating PDVSA's operating monopoly.
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