News
July 09, 2026
Commercial shipping through the Strait of Hormuz slowed sharply after renewed U.S. and Iranian military strikes, with tanker traffic, LNG movements and marine insurance activity reflecting growing concerns over Middle East energy exports.
News
July 09, 2026
The U.S. and Iran exchanged a second round of airstrikes as tensions escalated in the Strait of Hormuz, disrupting commercial shipping, delaying LNG operations and raising concerns over global oil supplies.
News
July 08, 2026
The U.S. launched a second day of military strikes on Iran, citing attacks on commercial vessels in the Strait of Hormuz, as renewed conflict heightened concerns over regional energy security and global oil supplies.
News
July 08, 2026
Enverus has acquired TGS' North American well data products business in a deal valued at more than $100 million, adding one of the industry's largest commercial well log databases while TGS sharpens its focus on offshore geophysical services.
News
July 08, 2026
CohnReznick has acquired Houston accounting and advisory firm Ham, Langston & Brezina, expanding its Texas presence and strengthening services for energy and other key industries.
News
July 08, 2026
Chevron has signed a technology licensing agreement with ZL Chemicals to commercialize its Vantis™ advanced surfactant technology, designed to improve oil recovery and well performance in shale and tight reservoirs.
News
July 08, 2026
Oil prices jumped Wednesday after U.S. President Donald Trump declared that the ceasefire with Iran was effectively over and said the U.S. would "probably" launch additional military strikes, raising the prospect of renewed conflict in one of the world's most important oil-producing regions.
News
July 07, 2026
U.S. energy services employment remained relatively stable through the first half of 2026 despite a modest decline in June, according to the latest jobs report from the Energy Workforce & Technology Council (EWTC).
News
July 07, 2026
EIA's July short-term outlook raises its global oil production forecast as Strait of Hormuz shipping recovers, while projecting lower Brent crude prices and continued growth in U.S. crude production and LNG exports.
News
July 07, 2026
The Bureau of Ocean Energy Management has issued a Request for Information to evaluate the potential use of the U.S. Outer Continental Shelf for offshore space launch, re-entry and recovery infrastructure, opening a 30-day public comment period.
News
July 07, 2026
Marubeni Corporation has acquired Barnett shale operator EagleRidge Energy, expanding its North American natural gas portfolio with a producer operating more than 3,500 wells and producing approximately 300 MMcfe/d in North Texas.
News
July 06, 2026
Argent LNG has awarded GIS Engineering a contract to provide marine, environmental and site engineering services supporting FERC permitting for its proposed 25-MMtpa LNG export terminal at Port Fourchon, Louisiana.
News
July 06, 2026
Superior Energy Services has agreed to acquire Sonic Holdings, adding electric feed-through technologies, production equipment and drilling wellheads to its Wellsite Solutions portfolio as it expands its production-focused oilfield services business.
News
July 06, 2026
bp has agreed to sell its 37.2% non-operated interest in the Bay du Nord offshore development to Equinor, continuing its strategy of simplifying its upstream portfolio while retaining two exploration licenses offshore Canada.
News
July 03, 2026
Natural gas is expected to surpass petroleum as the largest source of U.S. energy consumption by 2030, driven by shale production, LNG growth, gas-fired power generation and rising electricity demand from AI data centers and electrification.
News
July 03, 2026
Zephyr Energy has expanded its operated position in Utah's Paradox basin with the acquisition of 2,294 additional acres, increasing its total operated acreage to more than 72,000 gross acres as it continues to build its regional portfolio.
News
July 03, 2026
XRG has completed the acquisition of an additional equity interest in Rio Grande LNG's Trains 4 and 5, giving the company ownership across all five trains under construction at the 30-MMtpa export project in Texas.
News
July 01, 2026
Oil prices fell for a third consecutive session as crude exports through the Strait of Hormuz continued to recover and indirect U.S.-Iran talks showed signs of progress, easing supply concerns despite ongoing geopolitical tensions.
News
July 01, 2026
The Gulf Energy Information Excellence Awards closed its 2026 nomination cycle with a record-breaking 500+ submissions from more than 123 companies worldwide, with Aramco confirmed as Platinum Partner and finalists set to be announced the week of July 28.
News
July 01, 2026
Flowserve has completed its $490 million acquisition of Trillium Flow Technologies' Valves Division, expanding its engineered flow-control portfolio and aftermarket capabilities across global energy and industrial markets.
News
July 01, 2026
Continental Resources retained the top spot in Enverus' annual ranking of the 100 largest private U.S. E&P operators, as the report points to renewed private capital deployment across the upstream sector.
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