Oil and Gas
Equinor expands production in the North Sea with Fram Sør
Fram Sør's CO₂ intensity will be only 0.5 kg per barrel, compared to 16 kg for the industrial average.
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
Glenfarne and PTT close alliance for LNG supply from Alaska to Asia
With this partnership, Glenfarne reserves 50% of the Alaska LNG project's available capacity for sale to third parties.
Oil and Gas
Coastal Bend LNG announces LNG export on the Texas Gulf Coast
The plant will integrate carbon capture and export low-emission LNG from the Texas coast.
Oil and Gas
Vår Energi starts production at FPSO Jotun in Balder field
The Jotun FPSO will provide an additional 80,000 barrels of oil equivalent per day at an operating cost of only US$5 per barrel.
Oil and Gas
Woodside closes sale of Louisiana LNG project to Stonepeak
Woodside continues to explore opportunities with potential new partners interested in being part of the future of LNG in the United States.
Oil and Gas
Equinor and Shell announce Adura, an independent oil and gas producer in the U.K.
The alliance between Equinor and Shell creates a new Aberdeen-based energy company that promises to boost offshore North Sea production.
Oil and Gas
Petrovietnam boosts energy security with new exploitation contract in Block 15-1
The new PSC allows optimizing the installed infrastructure, opening the exploration of new structures and increasing operational efficiency in one of the most critical…
Oil and Gas
Ecopetrol starts production at Lorito block in Colombia
The Colombian oil company acquired the 45% stake held by Repsol, following a US$452 million transaction in February.
Oil and Gas
FLNG Gimi starts operations and strengthens Golar LNG strategy
The GTA project represents a strategic piece for regional energy development.
Oil and Gas
Iranian attack on U.S. triggers sharp drop in oil prices
Two supertankers made evasive maneuvers before crossing the Strait of Hormuz.
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