Oil and Gas
Shell completes sale of its Singapore refinery to the CAPGC joint venture
CAPGC becomes the new owner of the Singapore Energy and Chemicals Park following the sale to Shell.
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
Prospera Energy announces updates on its service platform in Saskatchewan
The company anticipates a further operational update later this month, providing more details on ongoing activities and upcoming strategic plans.
Oil and Gas
Equinor selects Island Drilling for well plugging contract
Island Drilling will be responsible for well plugging operations on the NCS, using the Island Innovator rig.
Oil and Gas
Feasibility study for the trans-Saharan gas pipeline project to be revalidated by Penspen
The project plans to transport up to 30 billion cubic meters of natural gas per year.
Oil and Gas
Aquaterra Energy signs contract for well intervention in Nigeria with Intrepid Energy
This contract includes ongoing technical support from specialized engineers working with both companies.
Oil and Gas
OMV Petrom and ROMGAZ begin drilling the first well at the Neptun Deep project.
Once fully operational, the project will provide approximately 8 billion cubic meters of natural gas annually.
Oil and Gas
Woodside sells Greater Angostura assets to Perenco for $206 million
Upon purchase, Perenco will assume ownership and operation of the assets, becoming responsible for all restoration obligations.
Oil and Gas
Gasoline prices have seen a notable increase in the United States.
Prices have increased by about 4 cents since last week, reaching a national average of $3.16 per gallon.
Oil and Gas
Petronor improves its energy efficiency with the installation of a Preflash tower
Petronor's new Preflash tower in Muskiz optimizes the distillation process, reducing energy consumption and CO2 emissions.
Oil and Gas
Petrobras detects hydrocarbons in the Campos Basin pre-salt
Petrobras advances its pre-salt exploration in the Campos Basin with the discovery of hydrocarbons in Brava Norte.
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