ConocoPhillips
 |  Feb. 5, 2026
The operator is focused on modest organic growth and plans to cut capex by nearly $600 million versus year while lowering operating costs by $400 million.
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Expand Energy Corp.
Mike Wichterich, left, and Nick Dell'Osso
Photo from Perenco
Kombi 2 platform oil and gas platform offshore Congo-Brazzaville
Map from EnQuest
Block 12W offshore Vietnam
Photo from Verde Clean Fuels
Verde Clean Fuels demonstration plant
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Learning Resources

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March 18, 2026
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Don’t miss this chance to see how META operators are raising reliability, cutting downtime, and strengthening asset life with a unified Rockwell Automation platform. Register ...
March 11, 2026
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The rise of Industrial IoT in oil and gas operations is bringing rapid change to the ways the industry manages information technology (IT) and operational technology (OT). Distributed...
Jan. 22, 2026
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As efforts to connect, monitor and measure oil and gas operating environments accelerate, IT-OT convergence is necessary—but IT and OT have evolved independently for decades...
Jan. 7, 2026

Oil & Gas Journal ReEnterprised

General Interest

157237874 © Engdao Wichitpunya | Dreamstime.com
US, Iran flags on stormy cloudy orange sky background
Crude oil prices fluctuated within a range, with WTI reaching $65.55/bbl and Brent hitting $69.75/bbl, but both settled lower week-on-week amid geopolitical tensions.
Feb. 6, 2026
Photo from TPAO LinkedIn
TPAO, Chevron signing ceremony
Following a recent MoU with ExxonMobil, TPAO is working to advance its exploration efforts in the Black Sea with the aim of increasing oil and gas production.
Feb. 6, 2026
TotalEnergies
TotalEnergies licenses operated offshore Namibia
TotalEnergies and Petrobras have acquired interests in an 11,000 sq km offshore exploration block in Namibia's Lüderitz basin.
Feb. 6, 2026
© Jiri Buller | Shell plc
Shell flag flying on top of glass building against blue sky and cloud backdrop
Shell's fourth-quarter adjusted earnings declined to $3.3 billion due to weaker oil prices and margins, but the operator maintained strong cash flow and investor returns.
Feb. 5, 2026

Refining & Processing

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Feedstock availability and execution risk are critical barriers to SAF scale-up. JM’s FT CANS technology addresses both, enabling flexible feedstock strategies and a proven route...
Feb. 6, 2026
Photo from Valero Energy Corp.
Valero Energy St. Charles refinery
Valero's 2025 results show a spike in earnings, fueled by record refining throughput, strong margins, and improved mechanical availability, despite challenges in renewable diesel...
Jan. 30, 2026
Photo from TA’ZIZ.
A’ZIZ Industrial Chemicals Zone at Ruwais Industrial City in Abu Dhabi
The agreement will advance development of a comprehensive utilities infrastructure including steam, water, compressed air, and wastewater services, vital for TA’ZIZ’s integrated...
Jan. 29, 2026
Photo from Türkiye Petrol Rafinerileri AŞ
Türkiye Petrol Rafinerileri AŞ Izmir refinery
ERGIL Group has successfully delivered four shell-and-tube sulfur condensers for TÜPRAŞ's İzmir refinery, meeting stringent international standards and supporting environmental...
Jan. 28, 2026

Drilling & Production

23942803 © David Gaylor | Dreamstime.com
Drilling rig in North Dakota under cloudy sky
US drilling activity increased by 5 rigs this week, reaching 551, despite a year-over-year decline.
Feb. 6, 2026
Photo from Noble Corp.
Noble Corp. Globetrotter I ultra-deepwater drillship
The exploration in Bulgaria's Black Sea continues despite a dry well at Vinekh prospect, with ongoing evaluations and plans for a new well in the Krum prospect.
Feb. 5, 2026
Illustration from Aker BP
Illustration of Solveig Phase 2 subsea tieback development
The Solveig Phase 2 project, which lies near the Edvard Grieg platform, adds about 39 MMboe of recoverable resources, adding to Aker BP's resource base in the North Sea.
Feb. 2, 2026
Photo from Seadrill Ltd.
Seadrill Ltd. ultra-deep water drillship West Saturn
The operator exercised a 1-year option for the West Saturn drillship, adding $114 million Seadrill's backlog and extending the contract through October 2027.
Jan. 30, 2026

Exploration & Development

280129256 © Hyotographics | Dreamstime.com
Map of Equatorial Guinea and Cameroon .
A recent agreement between Equatorial Guinea and Cameroon marks a step toward joint development, unifying Yoyo-Yolanda fields.
Feb. 5, 2026
78748654 © Timothy Hodgkinson | Dreamstime.com
North America from space
The upcoming oil and gas lease sale, BBB2, will be held Mar. 11 and is set to offer about 15,066 unleased blocks on the US Outer Continental Shelf.
Feb. 4, 2026
Shell plc
Shell Gulf of Mexico operations
The project involves installing a subsea umbilical, riser, and rigid flowline at depths of up to 1,650 m.
Jan. 29, 2026
Photo from OKEA
Brage platform
OKEA ASA has identified petroleum in the Knockando Fensfjord prospect during drilling from the Brage installation, leading to potential additional Brage resources in the North...
Jan. 28, 2026

Pipelines & Transportation

Photo from Woodfibre LNG LP
Modules arriving at site of Woodfibre LNG plant in Canada
The LNG plant under construction near Squamish is progressing with module deliveries, aiming for operations to commence in 2027.
Feb. 6, 2026
Photo from JERA
two men signing contracts at a table at a conference
In addition to the LNG supply deal, QatarEnergy and Japan's METI agreed on an MoU to ensure emergency LNG supplies during natural disasters.
Feb. 4, 2026
375160207 © Mariusz Bugno | Dreamstime.com
LNG vessel on water
LNG buyers are increasingly prioritizing supply diversification and contract flexibility to manage risks amid evolving demand, geopolitical tensions, and changing regional energy...
Feb. 4, 2026
Alaska LNG
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The Alaska LNG project involves a 739-mile pipeline, agreements with ExxonMobil and others, and partnerships with international investors, aiming to deliver natural gas domestically...
Jan. 23, 2026