Oil and Gas
ConocoPhillips drills Essington-1 well in search of gas for Australian market
The Otway Basin is emerging as the new key to avoiding gas shortages on Australia's east 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
LLOG Exploration evaluates a possible sale valued at US$3 billion
The final result will depend on the balance between the financial value offered and the respect for the conditions imposed by the current owners.
Oil and Gas
Búzios mega field breaks the million barrels per day barrier
The Búzios field produces from more than 2,000 meters deep in the seabed and already provides a key part of the 80% of the…
Oil and Gas
DP World strengthens its commitment to India after multi-million dollar investment
The Emirati group DP World announced a new capital injection of US$5 billion in India, consolidating its expansion strategy in the Asian subcontinent. The…
Oil and Gas
Coast Guard coordinates response after oil spill in Galveston
The Galveston Ship Channel was completely closed following a fuel oil leak caused by a vessel that impacted the dock.
Oil and Gas
YPF consolidates its energy control in the NOA by acquiring Refinor in its entirety
YPF assumes control of the Córdoba-Tucumán polyduct, key to guarantee energy supply in all of northwestern Argentina.
Oil and Gas
BP moves forward with planning after Boomerangue discovery offshore Brazil
BP has provided an update on its major Boomerangue discovery, located in the Santos pre-salt basin, offshore Brazil. This discovery, announced in August 2025,…
Oil and Gas
FPSO Bacalhau starts operations and strengthens Brazilian oil production
Bacalhau will generate close to 50,000 jobs during its 30 years of operation.
Oil and Gas
Namcor and partners move forward with second phase of public consultation for Venus marine project
The consortium led by the Namibian National Petroleum Corporation (Namcor) has initiated the second phase of the community engagement process under the Environmental and…
Oil and Gas
TotalEnergies transfers power supply from GreenFlex to Oteis
GreenFlex at Oteis broadens the operational scope of both groups and also contributes to the promotion of resilient and efficient projects.
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