Oil and Gas
Venezuela boosts oil exports to 7-year high
Venezuela reaches 1.23 million bpd in exports after easing of sanctions and increased international demand.
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
Lantern LNG chooses Honeywell for its LNG plant in Matagorda Bay
Lantern LNG chooses Honeywell to develop its 12 MTPA LNG facility in Texas with comprehensive technology.
Oil and Gas
Oil prices climb amid Strait of Hormuz blockade
Brent surpasses $122 as Hormuz keeps global energy supply under pressure.
Oil and Gas
PETRONAS and ENEOS strengthen alliance with participation in LNG
ENEOS returns to MLNG Tiga with a 10% stake to strengthen LNG supply in Asia and regional energy security.
Oil and Gas
Africa Energy obtains extension for South African offshore block
The company extends the deadline for the environmental assessment of Block 11B/12B while it defines its strategy to secure production rights.
Oil and Gas
Argentina raises fuel taxes in May due to inflation
The Argentine government adjusts fuel taxes to contain the impact of oil on inflation.
Oil and Gas
ConocoPhillips reduces production due to conflict in Qatar and Iran
ConocoPhillips reduces its production forecast after LNG disruptions in Qatar due to geopolitical tensions in the Middle East.
Oil and Gas
China reactivates Fuxin project in the face of global energy crisis
The Fuxin project is back at the center of China's energy strategy amid international tensions affecting gas supplies.
Oil and Gas
Dragon LNG opens auction for regasification capacity starting in 2029
Dragon LNG offers 9.3 billion m³/year in regasification capacity auction starting in August 2029.
Oil and Gas
DHL secures fuel in Europe but alerts Asia to shortages
DHL forecasts stable fuel supply in Europe through June, but warns of growing uncertainty in Asia due to geopolitical risks.
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