Oil and Gas
Oil Prices Fall Following U.S.-Iran Ceasefire
The decline in oil prices hits energy stocks and increases global market volatility.
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
Santos Strengthens Its Commitment in Alaska Following Successful Quokka-1 Appraisal and Accelerates Pikka
Santos consolidates its expansion in Alaska with Quokka-1 while Pikka phase 1 prepares to begin production.
Oil and Gas
Reliance Industries Resumes Direct Crude Oil Purchases from PDVSA
The management of funds derived from these sales remains linked to the financial mechanisms established by the U.S. Department of the Treasury in Washington
Oil and Gas
Fluor to Lead Technical Design of America First Refining Refinery in Texas
The industrial complex will focus on processing domestic shale oil for the production of gasoline, diesel, and aviation fuel.
Oil and Gas
America First Refining selects Axens for its new refinery at the Port of Brownsville
The technical alliance initiated in 2017 finally materializes to provide Texas with a modern refining infrastructure.
Oil and Gas
China curbs fuel price increases amid rising oil prices
China reduces fuel price increases to mitigate the impact of rising global oil prices.
Oil and Gas
Eni discovers 2 Tcf of gas in Egypt and accelerates offshore development
Eni confirms a 2 Tcf gas find in Egypt with potential for rapid development.
Oil and Gas
Companies collaborate to drive offshore development in Suriname
The agreement seeks to optimize the development of offshore assets through early integration and advanced technology.
Oil and Gas
South Korea intensifies its strategy to secure oil supplies
South Korea seeks to secure oil supplies amid risks in the Strait of Hormuz and geopolitical tensions.
Oil and Gas
Production from the third well in the Wahoo field reaches 10,000 bpd
The company anticipates a fourth well will come online by the end of April.
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