The latest oil and gas news from around the world.
Updated: 3 min 13 sec ago
GlobalData Says Digitalization Could Deliver Long Term Benefits to Oil, Gas
In recent years, the oil and gas industry has progressed from using digital technologies for select use cases to making their entire processes digital, GlobalData noted.
Biden to Ban More Offshore Oil Drilling Before Trump Arrives
The move is certain to complicate President-elect Donald Trump's ambitions to drive more domestic energy production.
Cheniere Produces First LNG in CCL Stage 3
CCL Stage 3 consists of seven midscale trains, with an expected total production capacity of over 10 million metric tons per annum (mtpa) of LNG.
WTI Breaks Out of $6 Trading Range
Oil surged to its highest since October, fueled by shrinking US crude stockpiles and bullish technical indicators, though analysts caution the rally may be short-lived.
USA Judge Resets Bidding for Oil Refiner Citgo
A U.S. judge reset the bidding process for the parent company of Citgo Petroleum Corp. late Tuesday.
McDermott Opens Excellence Center in Dubai
The unit is located at the Oilfields Supply Center in Dubai's Jebel Ali Freezone.
Kinder Morgan's TGP Greenlights the 205-Mile MSX Project
Kinder Morgan, Inc. company Tennessee Gas Pipeline, L.L.C. (TGP) has decided to proceed with its Mississippi Crossing Project (MSX Project).
GasBuddy Reveals 2025 USA Gasoline Price Forecast
GasBuddy recently published its 2025 Fuel Price Outlook.
Russia and Ukraine End 5 Decades of Gas Transit to Europe
Russian gas stopped flowing to Europe via Ukraine, closing off a route that's operated for five decades.
Recently Retired NSTA Chair Awarded CBE
The New Year Honors List for 2025 recognizes the achievements and service of extraordinary people across the UK, the UK government states on its website.
Crude Oil Futures Could See Better Prospects as Traders Return from Break
'Crude oil futures could see better prospects as traders return from the holiday break', Terence Hove, Financial Markets Strategist Consultant to Exness, said in a market analysis sent to Rigzone.
Parkland Produces Canada's First Low Carbon Aviation Fuel
Using existing infrastructure, Parkland's Burnaby Refinery has successfully produced approximately 101,000 liters of low carbon aviation fuel by using non-food grade canola and tallow as core feedstocks.
Ecopetrol to Acquire Repsol's Stake in Colombia E&P Contract
Ecopetrol said it 'plans to provide additional information regarding the closing of the transaction in due time through the legally authorized channels'.
Martin Midstream Partners, Martin Resource Management Bin Merger Plan
The merger faced opposition from investors that had lost a higher-priced counter-offer to take over Martin Midstream Partners.
BP Starts Gas Output from Greater Tortue With Delivery Seen Soon
BP's Greater Tortue Ahmeyim project started producing gas from offshore fields in Senegal and Mauritania.
Eversource Acquires 26 Acres in Massachusetts from Constellation
Eversource plans to transform the property into a multi-use energy interconnection hub.
Regional Bloc Urges Mozambique Restraint With 278 Dead in Unrest
A southern African bloc called for an immediate end to hostilities in Mozambique.
JERA Wins Rights for 615-MW Wind Project Offshore Japan
A consortium led by JERA secured the rights to develop and operate a 615-MW wind generation project offshore Aomori Prefecture in the Sea of Japan.
EQT, Temasek Sell Indian Energy Firm O2 Power for $1.5 Billion
EQT and Temasek sold their Indian renewables joint venture O2 Power to local player JSW Energy for $1.5 billion.
Seadrill Exits Jackup Market
Seadrill sold the West Prospero rig to an undisclosed buyer for $45 million, exiting the jack-up sector.
