Oil & Gas News

Oil and gas news: crude prices, OPEC+ decisions, LNG cargoes, pipelines, refining margins and upstream discoveries — reported daily with primary sources.

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The Largest Oil Fields in the World, Ranked

The Largest Oil Fields in the World, Ranked

There is no single, universally agreed ranking of the world’s largest oil fields, because “largest” can mean total oil ever discovered, oil still remaining to...

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Inside Ghawar, the World’s Largest Oil Field

Inside Ghawar, the World’s Largest Oil Field

Ghawar is a roughly 230-kilometer-long oil field in eastern Saudi Arabia that has produced more crude oil than any other field in history — over...

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Orlen Terminates One of Its Long-Term QatarEnergy LNG Contracts

Orlen Terminates One of Its Long-Term QatarEnergy LNG Contracts

Poland’s Orlen has ended one of its two long-term liquefied natural gas supply agreements with QatarEnergy, becoming the first buyer to walk away from a...

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Hail and Ghasha Sour Gas Development: Owner, Capacity and Timeline

Hail and Ghasha Sour Gas Development: Owner, Capacity and Timeline

Last updated: November 11, 2026 Hail and Ghasha is Abu Dhabi National Oil Company’s (ADNOC) flagship sour gas development within the offshore Ghasha concession, sanctioned...

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Strathcona Resources to Acquire Greenfire Resources in Up to C$2.9 Billion Oil Sands Deal

Strathcona Resources to Acquire Greenfire Resources in Up to C$2.9 Billion Oil Sands Deal

Calgary-based Strathcona Resources Ltd. (TSX: SCR) has agreed to acquire all outstanding shares of Greenfire Resources Ltd. (TSX/NYSE: GFR) in a transaction valued at up...

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Petrobras: Ownership, Leadership and Major Projects

Petrobras: Ownership, Leadership and Major Projects

Last updated: November 9, 2026 Petróleo Brasileiro S.A. — Petrobras is Brazil’s state-controlled oil and gas major and one of the world’s largest producers of...

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Egypt Deepens Gas Cuts to Fertilizer Plants to 33% as LNG Costs Bite

Egypt Deepens Gas Cuts to Fertilizer Plants to 33% as LNG Costs Bite

Egypt has widened curbs on natural gas supplies to its fertilizer industry, with state-run producer Misr Fertilizers Production Company (MOPCO) notified on November 8 that...

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Houthi Attack Damages Aramco Tower in Riyadh’s Financial District

Houthi Attack Damages Aramco Tower in Riyadh’s Financial District

A barrage of Houthi ballistic missiles, cruise missiles and drones struck toward Riyadh on Sunday, and falling debris from an intercepted projectile damaged an administrative...