Oil and Gas
India’s oil imports reach highest level in 9 months
India intensifies its energy diversification strategy amid geopolitical pressures.
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
New Energies
ExxonMobil accelerates its deployment of carbon capture and storage in the U.S.
CAC projects have been available for decades, but are now at a more propitious time for large-scale adoption.
Oil and Gas
JERA starts LNG exports from Barossa field in Australia
With a presence in the entire energy supply chain, from upstream production to power generation.
Oil and Gas
Akrake Petroleum completes drilling and prepares production
The AK-2H well will be ready to produce in the Sèmè field during the first week of February.
Oil and Gas
Saudi Aramco launches new USD international bond issue under its global program
The Saudi oil company is seeking to attract global institutional investment through bonds listed on the London Stock Exchange.
Oil and Gas
Winter storm sends U.S. energy sector reeling.
Production in the Permian Basin fell to 1.5 million bpd, as refineries and power grids face operational stresses from extreme weather.
Oil and Gas
Petronas inaugurates Petronas Liquefied Natural Gas in China from Lingang
During the process of setting up the subsidiary, the local authorities provided comprehensive administrative support.
Oil and Gas
India slows down its LNG deals amid market changes
The expected decline in spot prices in Asia, coupled with pressure on European benchmarks such as the TTF, could spur greater demand.
Oil and Gas
XRG increases its presence in the Rio Grande LNG project with a strategic investment
The company seeks continued participation in LNG assets that combine technological innovation, scalability and long-term projection.
Oil and Gas
Oversupply and low demand to pressure U.S. oil prices in 2026
Stable OPEC+ production and weak demand set a bearish outlook.
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