Oil and Gas
Brent crude prices could exceed $100 due to the closure of the Strait of Hormuz
Brent could exceed $100 if restrictions in the Strait of Hormuz persist, according to Goldman Sachs.
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
Arcius Approves Final Investment for Harmattan Field
The development of the Harmattan field marks a new step in Egypt's gas strategy following the approval of a key investment led by Arcius.
Oil and Gas
Turkey positions itself as the world’s fourth-largest offshore fleet.
Turkey enters the global offshore top 4 as it expands drilling in the Black Sea and launches its first international campaign in Somalia.
Oil and Gas
The Singapore–Rotterdam LNG spread changes sign
The Singapore–Rotterdam LNG spread reverses following global tensions, altering arbitrage, shipping routes, and bunkering demand.
Oil and Gas
Sable Offshore Officially Begins Oil Sales from Santa Ynez
Sable's oil sales activate the Santa Ynez system and increase offshore production in California
Oil and Gas
Black Bay Partners is financing GCMP’s Nash Energy Storage Hub in Texas
The funds raised will enable us to move forward with the initial phase of the project until we reach the final investment decision stage.
Oil and Gas
The Norwegian Offshore Directorate seeks investors for the Gro field
The objective is to transform this deposit into a source of real value while the Norwegian continental shelf maintains its operational transport and processing…
Oil and Gas
Sawgrass LNG Completes First Shore-to-Ship LNG Supply
This advancement positions Port Everglades as a key point in the maritime energy transition.
Oil and Gas
Cheniere Energy Reduces LNG Production at Sabine Pass Following Flow Decline
The completion of maintenance activities will enable the region's largest exporter to restore its normal supply rate.
Oil and Gas
USA raises LNG exports to 11.7 million tons
The US closed March with 11.7 million tons of LNG exported, driven by international demand and geopolitical pressure on supply.
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