Oil and Gas
Parkland explains how to choose payment method after Sunoco agreement
Shareholders must choose between cash, Sunoco shares or a combination prior to the closing of the agreement.
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
MedcoEnergi strengthens its energy presence in South Sumatra
This network is vital for distributing gas extracted from the PSC Corridor and other regional sources.
Oil and Gas
Repsol raises US$2.5 billion in its largest bond issuance in dollars
Repsol has successfully completed the largest dollar-denominated debt placement in its history, issuing US$2.5 billion in bonds through its exploration and production subsidiary. The…
Oil and Gas
Nayara Energy denounces sanctions by the European Union
The company has reiterated its commitment to India's energy self-sufficiency and to the inclusive development of the communities where it operates.
Oil and Gas
Vallourec receives million-dollar OCTG contract from Petrobras
The company specializes in seamless tubular technologies for oil wells, new generation power plants, advanced architecture and other energy environments.
Oil and Gas
Glenfarne and POSCO International promote development of Alaska LNG project in Italy
This agreement marks the first formal LNG purchase commitment for Alaska LNG, and strengthens its supply strategy in the market.
Oil and Gas
ABL unit wins contract on Eni’s FLNG project off the coast of Congo
The Congo LNG project is designed to exploit the region's natural gas resources, specifically from the Marine XII project.
Oil and Gas
TotalEnergies to invest in Rio Grande LNG Train 4
The company is projected to export more than 16 million tons of LNG from the U.S. by 2030.
Oil and Gas
MOL and O&GD discover new oil field in Hungary
The Galgahévíz-4 well was drilled in 37 days and contributes 4% of MOL's crude oil in Hungary.
Maritime
MODEC and AFC announce alliance to lead offshore projects off the African coast
This new collaboration framework focuses on technical exchange, market studies and financing solutions for offshore infrastructure.
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