Oil and Gas
Production at Geelong refinery recovers following incident
Fire in Geelong reduces production, but fuel supply in Australia remains stable.
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
Russia to halt oil supply to Germany via the Druzhba pipeline
The flow of Kazakh oil to Germany through the Druzhba pipeline could stop as of May 1, according to sources.
Oil and Gas
Oceaneering Conducts First Shore-Controlled ROV Operation
During the operation, the ROV was remotely operated while conducting live activities in the marine environment.
Oil and Gas
Halliburton Overcomes Middle East Pressure and Maintains Profit Forecasts
Halliburton offset regional weakness with improved international performance and maintained its profit forecasts.
Oil and Gas
Pakistan pays record premium for oil imports following Hormuz crisis
Pakistan records historic premiums on oil imports due to tensions in Hormuz and the global energy market.
Oil and Gas
Iran Orders Closure of the Strait of Hormuz Following Gunfire on Commercial Vessels
Iran blocks the Strait of Hormuz following armed incidents against commercial vessels on a key route for global energy supply.
Oil and Gas
OKEA sells stake in license PL1119 to Japex Norge for $30 million
The company is transferring its stake in license PL1119 for $30 million to optimize its capital and focus its strategic operations.
Oil and Gas
VAALCO Energy reaches 4,850 barrels per day with the Etame 14H well following the reactivation of the FPSO Baobab
The operator reaches 4,850 barrels per day at the Etame 14H well and confirms the return of the FPSO Baobab to Ivorian waters.
Oil and Gas
Jadestone Energy signs gas sales agreement with PV Gas in Vietnam
The company formalizes the supply of 80 MMscf/d of gas from offshore fields to strengthen Vietnam's energy and economic infrastructure.
Oil and Gas
Astro Offshore adds the Astro Atlas for ultra-deepwater operations
The vessel can operate at depths exceeding 3,000 meters.
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