Trending Headlines in Oil & Gas News

Shale Oil Boom: Global Production on the Rise

Advances in technology and strategic new discoveries are fueling a surge in global shale oil production, marking a significant shift in supply dynamics.
oilandgasmiddleeast.com

Crescent Energy to Acquire Vital Energy in $3.1 Billion Shale Deal

Crescent Energy announced a major all-stock acquisition of Vital Energy, aiming to become one of the top 10 independent oil and gas producers in the U.S. The deal, expected to close by year-end, promises $90–$100 million in annual synergies.
Reuters+1

BPCL Plans ₹95,000 Crore Refinery-Petrochemical Hub in Andhra Pradesh

Bharat Petroleum Corporation Limited is investing heavily in a new refinery and petrochemical complex near Ramayapatnam Port, signaling India’s ambition to become a global refining powerhouse.
The Times of India

Queensland’s Gas Model: Coexistence for Prosperity

A decade of gas-industry growth has generated $127 billion and supported 60,000 jobs in Queensland. Its “coexistence model”—balancing agriculture and gas production—is a potential blueprint for sustainable regional development.
The Australian

U.S. LNG Exports Poised for 10% Annual Growth Through 2030

Driven by rising global demand and policy support, U.S. LNG exports are expected to nearly double — from 11.9 to 21.5 billion cubic feet per day — through 2030. Key shale basins are expected to benefit from expanded infrastructure and higher output.
Reuters