Oil and Gas
EXIM approves financing to send US LNG to Egypt
USA will finance LNG exports to Egypt with over $2 billion, reinforcing its global energy leadership.
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.
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Latest Oil and Gas News
Oil and Gas
China considers bailout for airlines amid fuel crisis
China considers financial aid for airlines hit by rising fuel prices and the global energy crisis.
Oil and Gas
DeepOcean reinforces its fleet with Boskalis’s Sea1 Spearfish subsea vessel
DeepOcean integrates a Boskalis subsea vessel to strengthen its offshore operations for 2026.
Oil and Gas
BP boosts its presence in Egypt after new gas discovery
The new field shares characteristics with the nearby Temsah and Akhen fields.
Oil and Gas
BW Energy Extends Dussafu to 2053, Driving Offshore Investment, Reserves, and Production.
BW Energy Reports Over 240 Million Barrels Equivalent in Reserves
Oil and Gas
Dolphin Drilling signs LOI securing revenue and continuity until 2030.
Dolphin Drilling's LOI guarantees stable revenue and increased offshore efficiency.
Oil and Gas
Baker Hughes to Supply NovaLT™16 Turbines in South America
Baker Hughes introduces NovaLT™16 in South America, driving efficient compression and LNG exports from Vaca Muerta in Argentina.
Oil and Gas
The conflict in Iran impacts 20% of global energy flow.
The closure of the Strait of Hormuz affects 20% of global oil and gas flow, accelerating the transition towards renewable and nuclear energies.
Oil and Gas
The Leviathan field resumes operations after a 33-day safety shutdown.
Analysis of the production, financial, and operational impact on Mediterranean gas following Leviathan’s restart
Oil and Gas
JERA cancels high-impact LNG agreement in the U.S.
JERA terminates its LNG contract with Commonwealth, impacting the financial viability of the Louisiana project.
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