Oil & Gas Industry News, Insights & Global Energy Updates

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Chevron Plans Doubling Drilling Rigs in Venezuela Expansion

Drilling 0

Papua LNG Project Nears FID with Latest Developments

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Eni, PdVSA Reach 25-Year Deal to Revive Junin-5 Oil Field

America 0

Chevron Plans USD 7B Investment for Venezuela Oil Expansion

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U.S. Says New Deals Could Double Venezuela Oil Production

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Oman Sets Three Gas Pipeline Projects for Completion by 2027

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Downstream

AI Enhancing Oil and Gas Trade Data Analytics Globally

Artificial intelligence in oil and gas trade data analytics represents the single most significant technological leap in the energy sector over the last decade,...

Downstream

Advancing Oil Infrastructure Risk Management Strategies

The global oil and gas industry operates within one...

Exploration Development

Integrating Geothermal Energy in Oil Exploration Processes

The global energy landscape is undergoing a profound shift...

Downstream

Circular Economy in Oil and Gas Driving Industry Shift

The global energy landscape is currently undergoing a profound...

Storage

AI-Powered Oil Storage Pushing Smarter Management Operations

The oil and gas industry has long been a...

Sectors

Drilling

E-Frac Technology Reshaping Appalachia Shale Operations

The adoption of E-Frac technology is fundamentally transforming shale gas extraction in the Appalachia region, offering a cleaner, quieter, and more efficient alternative to traditional diesel fleets.

Gases

Digital Twin Reservoir Modeling Optimizing Shale Recovery

The implementation of digital twin reservoir modeling is revolutionizing shale gas recovery, providing high-fidelity virtual simulations that allow operators to predict fluid flow and optimize asset management.

Downstream

Modular LNG Terminals Accelerate Shale Gas Monetization

The rise of modular LNG terminals is revolutionizing the global gas market, providing flexible and scalable infrastructure solutions that allow shale producers to monetize assets more rapidly.

News

Chevron Plans USD 7B Investment for Venezuela Oil Expansion

Chevron plans to invest more than $7 billion in Venezuela over the next five years and more than double...

Exploration Development

Shell Agrees to Take Stakes in Two BP Exploration...

BP and Shell have reached an agreement to collaborate on two deepwater exploration opportunities, with Shell acquiring a 50%...

News

U.S. Says New Deals Could Double Venezuela Oil Production

Venezuela’s crude oil production rate could potentially double over the next few years as the country prepares to sign...

Press Releases

PETRONAS to Boost Upstream Investment with Agentic AI

PETRONAS, through Malaysia Petroleum Management (MPM), has entered into an agreement with Iraya Energies Sdn Bhd (Iraya...

Exploration Development

Woodside, Pemex to Collaborate on...

Australian energy giant Woodside has entered into a non-binding...

Exploration Development

Shell Agrees to Take Stakes...

BP and Shell have reached an agreement to collaborate...

Drilling

Arabian Drilling Secures USD800 Million...

Arabian Drilling has officially signed a significant agreement to...

Europe

Equinor, ORLEN Ink Crude Oil...

Equinor has formalized a significant long-term crude oil supply...

Reports

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Global Oil and Gas Storage Market to Grow Steadily by 2035

API OGA

The global energy landscape is currently undergoing a period...

Global Oil and Gas Pipes Market to Reach $81B Value by 2035

API OGA

The global oil and gas pipes market is standing...

Oil and Gas Projects Market to Have Robust Growth by 2035

API OGA

The global oil and gas projects market is entering...

Global Liquefied Natural Gas Market Slated to Grow Steadily

Natural Gas Price Forecast Tagging a 50-Day Average

India Imports Rs.3.3 bn Russian Fossil Fuels in November 2025

December Oil And Gas Revenues of Russia to Dip Almost 50%

West Texas Intermediate Crude Trades Below Due to Oversupply

Oil Prices May Drop into the $30s Per Barrel By 2027

Global LNG Supply Excess Could Shrink the Prices By 2026

Russian Crude and Oil Product Exports Dip Further

OPEC+ Key to Long-Term Interests of Russia, Saudi Arabia

Events and Exhibitions

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Japan Strengthens Energy Supply Structure With New Plan

Asia Pacific API OGA

Japan's government on 26th August 2026 announced a broad policy package aimed at reinforcing the country's energy supply structure, with a particular focus on diversifying oil procurement sources and backing pipeline construction in crude-producing nations as the conflict in...

Gases