Oil and Gas
China curbs fuel price increases amid rising oil prices
China reduces fuel price increases to mitigate the impact of rising global oil prices.
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
Eni discovers 2 Tcf of gas in Egypt and accelerates offshore development
Eni confirms a 2 Tcf gas find in Egypt with potential for rapid development.
Oil and Gas
Companies collaborate to drive offshore development in Suriname
The agreement seeks to optimize the development of offshore assets through early integration and advanced technology.
Oil and Gas
South Korea intensifies its strategy to secure oil supplies
South Korea seeks to secure oil supplies amid risks in the Strait of Hormuz and geopolitical tensions.
Oil and Gas
Production from the third well in the Wahoo field reaches 10,000 bpd
The company anticipates a fourth well will come online by the end of April.
Oil and Gas
Somalia begins its first offshore oil drilling with support from Turkey
Somalia begins its first offshore drilling with a Turkish vessel, marking progress in its oil exploration
Oil and Gas
India increases imports of Venezuelan crude amid the Middle East crisis
India increases purchases of Venezuelan crude following supply disruptions from the Middle East.
Oil and Gas
Transocean secures $1 billion in offshore drilling contracts
The company expands its portfolio with $1 billion in offshore contracts.
Oil and Gas
Fires at Abu Dhabi petrochemical plant after missile interception
Fires at Borouge after missile interception force suspension of operations with no injuries reported.
Oil and Gas
Habshan Gas Plant in UAE Suspends Operations Following New Attack
The Habshan gas complex halts operations following an intercepted attack and fire at its facilities.
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