Industry & Analysis
News
April 30, 2026
ConocoPhillips is excluding Qatar volumes from guidance as Middle East disruption impacts output, while Lower 48 operations continue to drive production.
News
April 30, 2026
OPEC+ is expected to approve a modest production increase despite the UAE’s exit and ongoing disruption to oil flows through the Strait of Hormuz.
News
April 29, 2026
Nabors says Middle East conflict is driving higher costs and logistics challenges, but international drilling demand remains strong.
News
April 29, 2026
Oil prices surged toward $120 per barrel as the Iran war and continued closure of the Strait of Hormuz tighten global supply and fuel a growing energy crisis.
News
April 29, 2026
A “seismic” shift for oil markets? Analysts say the UAE’s departure could reshape OPEC+ influence for years, despite ongoing supply disruptions keeping prices elevated.
News
April 29, 2026
President Trump has rejected Iran’s proposal to reopen the Strait of Hormuz, maintaining a naval blockade that continues to disrupt global oil supply.
News
April 29, 2026
Russia has confirmed it will remain in OPEC+ following the UAE’s exit, signaling continued support for the alliance amid global oil market disruption.
Article
April
A detailed investigation using BSEE Data for all the ultra-deepwater projects committed to the Lower Tertiary Wilcox play reveals financial consequences that accompany the high risks and limitations of the subsea field development systems deployed there.
Article
April
World Oil contributing editor Mark Patton questions the narrative around CO₂, arguing climate models may be oversimplified and overlooking key natural processes shaping emissions and atmospheric balance.
News
April 28, 2026
A Japanese-linked oil supertanker has exited the Strait of Hormuz, marking a rare transit as shipping remains constrained amid the Iran war.
News
April 28, 2026
The UAE is set to exit OPEC after six decades, signaling a major shift in global oil markets as supply disruptions from the Iran war intensify.
News
April 27, 2026
Two offshore wind leases have been scrapped as developers redirect nearly $900 million into U.S. oil, gas and LNG projects, signaling a policy-driven shift toward conventional energy investment.
News
April 27, 2026
Canada has launched a $25 billion sovereign wealth fund to support energy, LNG and infrastructure projects, signaling increased federal backing for oil and gas development and export capacity.
News
April 27, 2026
The U.S. is pushing back on Iran’s proposed terms to reopen the Strait of Hormuz, with Secretary of State Marco Rubio warning Washington cannot accept Tehran controlling access to the key oil chokepoint.
News
April 26, 2026
A nearly 1-billion-barrel supply loss tied to the Hormuz disruption is pushing oil markets toward a turning point, with traders warning demand destruction is set to accelerate globally.
News
April 26, 2026
U.S.-Iran talks have stalled after Washington canceled a key diplomatic trip and Tehran rejected negotiations under pressure, as blockades keep Strait of Hormuz traffic near a standstill.
News
April 24, 2026
A sanctioned Iranian oil tanker halted in the Strait of Hormuz amid a U.S. blockade, as shipping traffic through the key oil chokepoint remains severely constrained.
News
April 24, 2026
Argentina’s incentive program is expected to accelerate development of a $12-billion Vaca Muerta shale oil project, boosting production and investment in the country’s key basin.
News
April 24, 2026
Baker Hughes CEO Lorenzo Simonelli expects upstream oil and gas investment to rebound in 2026–2027, driven by energy security concerns and supply disruptions linked to the Iran conflict.
News
April 24, 2026
APPO is pushing regional energy hubs to connect infrastructure and unlock Africa’s oil and gas potential, as operators look to scale investment and monetize the continent’s vast gas reserves.
News
April 24, 2026
The White House has extended a Jones Act shipping waiver to mid-August, allowing foreign vessels to transport oil and fuel between U.S. ports to ease supply disruptions linked to the Iran conflict.
