Oil and Gas
Construction of Eni’s third biorefinery in Italy to start soon
The new biorefinery will have an annual capacity of 500,000 tons of biofuels, such as HVO diesel and bio-GLP.
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
CNOOC’s natural gas storage and transportation tanks in southern China was fully completed.
On August 30, 2024, the second phase of CNOOC Jinwan Green Energy Port project was completed, which includes the construction of five liquefied natural…
Environment
Ecuador applies oil production reduction due to severe drought in Amazon basin
The situation could lead to further difficulties if weather conditions do not improve soon.
Oil and Gas
Shell subleases semi-submersible platform for operations in Brazil
The Alpha Star platform can operate in water depths equivalent to more than 2,700 meters.
Environment
Oil companies decide to evacuate offshore platforms ahead of the arrival of storm Francine
Most companies have decided to stop drilling for oil and wait for the path of the storm.
Oil and Gas
Transocean wins contract for ultra-deepwater drillship in India
The Dhirubhai Deepwater KG1 vessel can operate at depths of up to 3,000 meters, the equivalent of 10 Eiffel Towers stacked on top of…
Environment
Environmental emergency declared for beaches in Telde after fuel spill in Gran Canary Islands
The Government of the Canary Islands has ordered the mobilization of the Local Police and the Telde Lifeguard Service to the scene.
Oil and Gas
Talos Energy Strikes Rich Oil and Gas Find in Gulf of Mexico
This new discovery reaffirms Talos' commitment to the strategic exploitation of energy resources in the Gulf of Mexico and strengthens its ability to execute…
Oil and Gas
Noble Corporation completes acquisition of Diamond Offshore and announces new director
With this acquisition, Noble Corporation now owns the largest fleet of seventh-generation drillships.
Oil and Gas
Chevron boosts oil and gas recovery in the Gulf of Mexico
The Tahiti field has produced more than 500 million barrels of oil equivalent since its start-up in 2009.
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