Oil and Gas
Shearwater wins OBN seismic contract in Jackdaw and the North Sea
Shearwater will conduct a high-resolution OBN seismic campaign in the North Sea Jackdaw field.
Oil and Gas brings together the main developments across exploration, production, transport, refining and market activity in the global hydrocarbons sector. This section covers news on operators, projects, infrastructure, investments, supply dynamics and industrial decisions influencing the performance of oil and gas markets.
Coverage spans upstream, midstream and downstream activity, including field development, pipelines, terminals, refineries, LNG infrastructure and corporate strategies. It also highlights price signals, regulatory measures, operational changes and technological advances affecting competitiveness across the industry.
Through these stories, Oil and Gas provides a broad view of the assets, companies and market movements defining one of the world’s most strategic industrial sectors.
Latest Oil and Gas News
Oil and Gas
Oil prices fall after Trump pauses attack on Iran
Brent and WTI crude oil prices retreat as the United States pauses military tensions with Iran and considers new diplomatic negotiations.
Oil and Gas
Russia faces lower revenues from LNG exports to Asia
The transfer of Russian liquefied natural gas to the Asian market increases logistical costs and complicates the profitability of the energy sector.
Oil and Gas
LNG Canada accelerates Phase 2 expansion with Canadian support
Canada and LNG Canada are moving forward with the Phase 2 expansion to strengthen global LNG exports.
Oil and Gas
United Arab Emirates accelerates new oil pipeline to bypass Hormuz
ADNOC will expand the UAE's oil export capacity through a new pipeline to Fujairah.
Oil and Gas
Australia secures gas for winter and avoids halting LNG exports
Excerpt: Australia confirmed sufficient natural gas reserves and avoided restrictions on LNG exports for the winter of 2026.
Oil and Gas
Equinor supplied its first LNG cargo to a company in India
This is the first energy molecule exported from Norway to India under the TEPA agreement between India and EFTA.
Oil and Gas
Gullfaks reaches 5,000 oil shipments sent to Europe
The Gullfaks field completed its 5,000th oil shipment to Europe from the Norwegian continental shelf.
Oil and Gas
Malaysia warns about Iranian vessels and transfer of sanctioned oil
Ships linked to Iran are conducting clandestine crude oil transfers near Malaysia despite international sanctions.
Oil and Gas
BP enters Uzbekistan with PSA agreement for six blocks
SOCAR retains the role of operator even though BP has the largest stake.
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