Oil and Gas
IEA: Oil prices may rise next year
By: Inspenet, December 15, 2022. Oil prices could rise next year as sanctions cut Russian supplies and demand exceeds earlier expectations, the International Energy…
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
OPEC reaffirms alliance with Russia to defend oil prices
By: Inspenet, December 14, 2022. The Organization of Petroleum Exporting Countries promised to extend, for one more year, its controversial decision to cut its…
Oil and Gas
TotalEnergies to explore Block 9 in Lebanon
By: Inspenet, December 14, 2022. Walid Fayad, Minister of Energy and Water of Lebanon, and Patrick Pouyanné, President and CEO of TotalEnergies, met at…
Oil and Gas
In Turkey they discover a large oil field of 150 million barrels
By: Inspenet, December 14, 2022. The President of Turkey (Türkiye), Recep Tayyip Erdogan, announced this week, during a meeting of the Cabinet of Ministers,…
Oil and Gas
Guyana publishes the first round of tenders to exploit oil fields
By: Inspenet, December 13, 2022. The Guyana government has published the first round of tenders to develop open water oil fields. Guyanese President Irfaan…
Oil and Gas
Neptune Energy makes an oil and gas discovery in the Calypso well
By: Inspenet, Dec 9, 2022 Neptune Energy, together with its licensing partners, has announced the discovery of oil and gas in the Calypso exploration…
Oil and Gas
Chinese oil and copper imports increased in November
By: Inspenet, December 8, 2022. Chinese oil imports rose 12% in November from a year earlier and reached their highest level in ten months,…
Oil and Gas
Petronas makes oil and gas discovery in Malaysia
By: Inspenet, December 8, 2022. Petronas Carigali, a wholly owned subsidiary of Malaysian energy giant Petronas, has made a new oil and gas discovery…
Oil and Gas
YPF and Petronas will seek new partners for the construction of an LNG plant
By: Inspenet, December 6, 2022. The construction project of a Liquefied Natural Gas (LNG) plant that YPF and Petronas plan to carry out will…
Oil and Gas
OPEC+ maintains oil production levels
By: Inspenet, December 5, 2022. The members of OPEC+ decided yesterday, Sunday, to maintain their oil production levels in a particularly unstable context, the…
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