Oil and Gas
$5 billion investment for the Tiber-Guadeloupe Project
BP will develop a new offshore platform with a capacity of 80,000 barrels per day in the Paleogene Gulf of Mexico.
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
Caturus Energy deploys PACE-X Ultra X33 platform in Texas with Nabors
New PACE-X Ultra X33 technology is installed in South Texas to boost natural gas production under high-pressure conditions.
Oil and Gas
Sempra begins Phase 2 of the Port Arthur LNG project in the U.S.
The Port Arthur LNG project is established as an essential part of its low-risk growth strategy.
Oil and Gas
Wood Mackenzie and Novi Labs optimize data in U.S. wells.
The alliance strengthens the analysis of more than 4.4 million wells in major U.S. producing basins.
Oil and Gas
ExxonMobil Guyana expands capacity with Hammerhead development
This new adjustment would allow the company to reach over 900,000 barrels per day by the end of the year.
Oil and Gas
Santos starts gas production at Barossa
The six wells drilled by Santos in the Barossa field have demonstrated exceptional reservoir quality.
Oil and Gas
CPS Energy secures 1,632 MW in Texas with purchase from ProEnergy
CPS Energy acquires modern, ready-to-use infrastructure instead of having to build new plants from scratch.
Construction
TotalEnergies launches final phase of GGIP project in Iraq
Key gas and water infrastructure goes under construction to bolster Iraq's power supply.
Oil and Gas
Chevron and Israel Natural Gas Lines to build Nitzan pipeline in Egypt
This infrastructure is part of a regional effort to consolidate Israel as an energy supplier in the eastern Mediterranean.
Oil and Gas
Canada risks millions on Trans Mountain pipeline, report says
The report warns that Canada may not recover more than $25 billion invested in the Trans Mountain pipeline.
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