Photo from US Bureau of Land Management
 |  June 8, 2026
Despite keen interest and competitive bidding—by majors and independents—at another recent BLM sale in Alaska, only two companies participated in the most recent auction.
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Map from Equinor
Equinor will farm out half of its interest in the Campos basin Itaimbezinho exploration block
Map from Shell plc
Location of PEL 0039 license offshore Namibia
OGJ Weekly Market Recap
Map from APA Corp.
APA Alaska asset map
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Learning Resources

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Transform petrochemical and lubricant operations with a connected Lifecycle Management approach that streamlines formulation, ensures compliance, reduces risk, and accelerates...
June 3, 2026
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Learn how petrochemical organizations are leveraging Siemens Integrated Lifecycle Management (ILM) on Siemens Xcelerator to unify formulation, manufacturing, quality, and operations...
June 3, 2026
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Discover how petrochemical and formulated-product leaders are using Siemens Xcelerator to connect formulation, manufacturing, quality, and compliance into a unified digital thread...
June 3, 2026
Industrial Data
Sponsored
Discover how industrial historians, data lakes, and time-series databases each play a critical role in transforming operational data into a strategic asset for analytics, compliance...
July 21, 2026

Oil & Gas Journal ReEnterprised

General Interest

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The Iran war is reshaping global oil markets, disrupting supply chains, and increasing geopolitical risk across energy systems. This page provides ongoing analysis of how the ...
March 6, 2026
US Energy Information Administration
OECD commercial inventories of crude oil and other liquids
Oil demand is projected to decline in 2026 due to high fuel prices and reduced availability, but a rebound is anticipated in 2027, alongside increased US LNG exports and stable...
June 10, 2026
Map from EnQuest investor report, June 2026
Map of Sarawak and Peninsula Malaysia
The acquisition includes interests in key PSCs in Peninsular Malaysia and Sarawak, with EnQuest assuming operatorship in three assets, aiming to increase group production by 134...
June 10, 2026
Photo from The University of Texas at Austin
Students sit in rows facing a lecturer and screen
Oil & Gas Journal ReEnterprised
Woodrow Winchester III discusses PETEX’s diverse educational offerings, including instructor-led courses and e-learning, emphasizing the importance of in-person training amidst...
June 9, 2026

Refining & Processing

Photo from Phillips 66.
Gas processing plant construction
Under construction adjacent to Phillips 66’s existing 160-MMcfd gas plant in Ector County, Tex., the new Iron Mesa plant is designed with a nameplate cryogenic gas processing ...
June 8, 2026
Raízen Argentina SA
Razen Argentina Buenos Aires refinery
Mercuria Energy Group agreed to acquire Raízen's downstream operations in Argentina, including a major refinery and related infrastructure, for $1.42 billion.
June 5, 2026
Petroliam Nasional Bhd.
Pengerang Integrated Complex in southeastern Johor, Malaysia
PETRONAS has agreed to acquire Aramco's 50% stake in PRefChem, gaining full control over the 300,000-b/d integrated refining and petrochemical complex in Johor, Malaysia, to boost...
June 3, 2026
Repsol SA
Close-up view of refining and petrochemicals infrastructure
Repsol has inaugurated its second renewable diesel plant in Spain at Puertollano, producing 200,000 tonnes/year from used cooking oil and organic waste.
May 26, 2026

Drilling & Production

Source: SPE-223521-MS
ORTO agent architecture (Fig. 1)
A self-learning optimizer improved gas production while cutting gas lift usage by 44% across five Delaware basin wells without requiring a process model or testing.
June 8, 2026
Photo from bp plc
close-up view of Thunder Horse platform in Gulf of Mexico
The operator aims to increase peak gross annual average production at the Thunder Horse platform by about 15,000 boe/d following subsea pump startup in 2028.
June 8, 2026
6138038 © Jim Parkin | Dreamstime.com
Drilling equipment in Wyoming
Oil drilling drove the gain in Canada, with 115 rigs running this week, 6 more than the previous week.
June 5, 2026
Map from Carnarvon
Bedout sub-basin on map
The Bedout exploration campaign is on track to start begin in April 2027, with one firm well and one contingent well.
June 4, 2026

Exploration & Development

Photo from Eni
Floating liquefied natural gas vessel
Coral North is designed as an enhanced replica of Coral South, the first development in Mozambique’s Area 4 offshore gas block, and is expected to double Coral hub’s capacity ...
June 9, 2026
Well A-O production (Fig. 1)
Chlorine dioxide restimulation boosted bottom-hole pressure and recovery in Permian wells, improving performance by breaking down buildup. Though it produced less oil than refracs...
June 8, 2026
2682449 © Elultimodeseo | Dreamstime.com
Argentina flag flying in the wind
Chevron seeks to join Argentina’s RIGI for a project at the El Trapial-Este block, aiming to boost production to 30,000 b/d from 7,000 b/d, contingent on infrastructure and approval...
June 4, 2026
Map from Murphy Oil
Murphy Oil Gulf of Mexico exploration focus area
The company plans to allocate over a quarter of its 2026 capital budget to Gulf of Mexico projects.
June 2, 2026

Pipelines & Transportation

ETP Hugh Brinson pipeline (Fig. 1)
Permian basin natural gas production continues to outpace takeaway capacity, leading to negative Waha hub prices and infrastructure bottlenecks. Major pipeline projects like Hugh...
June 8, 2026
375160207 © Mariusz Bugno | Dreamstime.com
LNG cargo ship
Analysts said energy security is increasingly outweighing cost considerations in LNG procurement decisions, a trend likely to persist even if the Middle East conflict ends.
June 4, 2026
Rendering from Delfin Midstream
Artist rendering of Delfin LNG and FLNG vessel
Delfin Midstream has made a final investment decision to develop the first US-based FLNG vessel, the largest globally, with a capacity of 4.4 million tpy, aiming for operations...
June 4, 2026
Photo from LNG Canada
LNG Canada site in Kitimat, BC, April 2026
Partners have authorized early work on the proposed Phase 2 expansion, issuing a limited notice to proceed as work continues toward a potential yearend FID on the second‑phase...
June 2, 2026