Oil and Gas
Japan will allocate $10 billion to strengthen energy supply in Asia
Japan will allocate $10 billion to secure oil supply and strengthen energy security in Asia.
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
IEA evaluates releasing more oil reserves if the global energy crisis continues
The situation is aggravated by the naval blockade in the Gulf of Oman, a measure that restricts commercial flow and poses a latent risk…
Oil and Gas
IMF warns of global recession risk due to energy crisis
Central banks will be forced to maintain restrictive policies to contain inflation that is proving resistant to decline.
Oil and Gas
US Refineries Adjust Gasoline Blend for Summer RVP
The U.S. Energy Information Administration (EIA) analyzes how volatility (RVP) and octane dictate gasoline costs in the U.S. 95% of the market uses E10…
Oil and Gas
U.S. crude oil inventories surprise the market and put pressure on prices
The unexpected increase in U.S. crude oil inventories defies market forecasts and reshapes global expectations.
Oil and Gas
IEA Warns of Crude Oil Supply Collapse Due to Strait of Hormuz Closure
The closure of the Strait of Hormuz reduces crude oil flow to 3.8 million barrels per day and causes a historic deficit in energy…
Oil and Gas
PETRONAS guarantees fuel supply in Malaysia until June 2026
PETRONAS confirms fuel availability in Malaysia until June 2026 despite global energy volatility.
Oil and Gas
Greece Signs Contract with ExxonMobil and Energean for Gas Drilling in the Ionian Sea
The intention is clear: to transform Greece into a logistics and production hub that contributes to the diversification of energy sources across the continent.
Oil and Gas
China Huaneng Group commences operation of the Huaneng Shandong Peninsula North L Site project
With this advancement, the Shandong subsidiary and the Yantai power plant demonstrate undisputed technical authority in integrating large-scale units in abyssal zones.
Oil and Gas
China Relies on Iranian Oil Reserves Amid Strait of Hormuz Blockade
China uses ship-borne Iranian crude reserves to mitigate the impact of the Strait of Hormuz blockade.
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