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 |  April 22, 2026
Oil markets experienced significant volatility Wednesday, driven by geopolitical signals from Washington and security threats in the Strait of Hormuz.
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US EIA
The US EIA estimates China, the US, and Japan held the largest strategic oil inventories as of December 2025
Photo from Golden Pass LNG
A shipment of LNG leaves Texas
Range Resources Corp.
Range Resources oil and gas asset map
Oil & Gas Journal Weekly Market Recap
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Learning Resources

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From deep-sea challenges to market leadership—Optime Subsea leverages Siemens Teamcenter and Siemens NX to accelerate innovation, ensure quality, and unlock new service-driven...
April 23, 2026
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Unlock new service revenue opportunities while boosting asset performance. See how integrating SLM with CRM helps energy and utilities companies reduce costs, gain real-time visibility...
April 23, 2026
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What if your service operations could drive both revenue growth and customer loyalty? Explore how forward-thinking energy companies are connecting engineering and customer insights...
April 23, 2026
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As oil & gas operations accelerate OT/IT convergence, cyber resilience is mission‑critical. This webinar examines OT security architectures, threat mitigation, and controls that...
May 20, 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
22734741 © 19838623doug | Dreamstime.com
United States and Alaska flags blowing in a breeze.
The upcoming ANWR lease sale involves offering 400,000 acres for oil and gas exploration, reflecting the US government's push for increased domestic energy sources.
April 20, 2026
Map from Tankermap.com
Loaded crude tankers in the Persian Gulf and Sea of Oman
The oil market experienced a significant decline as Iran reopened the Strait of Hormuz following a ceasefire between Israel and Lebanon.
April 17, 2026
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Oil and gas plant between in Middle East
With oil and gas infrastructure damaged in the Middle East, how long might it take to replace supply? Share your opinion.
April 17, 2026

Refining & Processing

Photo from Dangote Petroleum Refinery and Petrochemicals FZE
Dangote's Lekki complex
Dangote Group has enlisted Honeywell to supply process technologies and catalysts for a petrochemical expansion at the operator’s 650,000-b/d integrated refining complex in the...
April 21, 2026
Photo from Viva Energy Group Ltd.
Viva Energy's Geelong refinery
Viva Energy Group Ltd.’s 120,000-b/d Geelong refinery in Victoria, Australia, is running at reduced production rates following a fire at the site's gasoline unit
April 16, 2026
46993159 © Prakobphoto | Dreamstime.com
Refining operations at night
Naphtha, LPG, and ethane have suffered the clearest demand destruction of any petroleum products as a result of the war in the Middle East, according to the International Energy...
April 15, 2026
Photo from Saudi Aramco Total Refinery & Petrochemicals Co.
SATORP refinery in Saudi Arabia
Saudi Aramco's joint venture refinery in Jubail has temporarily closed units following damage caused by recent incidents amid ongoing Middle East conflicts.
April 10, 2026

Drilling & Production

Photo from Norwegian Offshore Directorate
Visund A platform, North Sea
A wildcat well drilled by Equinor in the North Sea's Visund area was classified as dry.
April 22, 2026
13679011 © Keith Bell | Dreamstime.com
Map of Australia
The well is targeting Jurassic sandstone reservoirs in a fault-bound structure. As a near-field prospect, the drilling program seeks to unlock additional value from the producing...
April 20, 2026
316349189 © Ruletkka | Dreamstime.com
California state flag
The operator has started production from Platform Heritage while also navigating an injunction that blocks its pipeline restart.
April 20, 2026
37438882 © Steven Oehlenschlager | Dreamstime.com
Onshore oil and gas drilling operations
The weekly rig count in Canada decreased by 5 to 130, mainly due to a drop in oil-directed rigs, while gas rigs increased slightly. In the US, the total rig count fell by 2 to...
April 17, 2026

Exploration & Development

121789161 © Ruletkka | Dreamstime.com
National flag of Indonesia waving with greyscale map
The natural gas discovery is part of a broader successful exploration trend in the Kutei basin, Eni said, including Geng North and Konta-1.
April 20, 2026
Map from Petrobras
petrobras_image_4172026
Petrobras has agreed to acquire a 75% interest in and operatorship of a block offshore São Tomé and Príncipe.
April 17, 2026
6922731 © Rizami Bin Annuar | Dreamstime.com
Venezuelan flag blowing in the wind
Under conditions, Repsol said it is prepared to increase gross oil production in Venezuela by 50% within 12 months and triple it in the next 3 years.
April 16, 2026
Photo from Var Energi
Goliat field FPSO
COO Torger Rød said the project expands future developments and extends the operational life of Goliat field by about 10 years, to around 2050.
April 15, 2026

Pipelines & Transportation

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rig at sunset
Oil & Gas Journal has teamed up with EndeavorB2B's MAPSearch to provide a downloadable map of Permian basin natural gas gathering, processing, and transmission infrastructure....
Nov. 19, 2025
25947522 © Marcelusw | Dreamstime.com
American and Alaskan flag fly atop a building in the mountains of Denali
With a projected capacity of 7 million tpy at a cost of $8-9 billion, Polar LNG aims to utilize Arctic shipping routes for efficient export.
March 31, 2026
Edward O'Toole of RBAC Inc.
Oil & Gas Journal ReEnterprised
The podcast examines the effects of disrupted LNG supplies on global markets, emphasizing the need for strategic planning and adaptive measures as supply constraints and geopolitical...
March 31, 2026
Photo from QatarEnergy
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has reached first production of LNG from Train 1 at Sabine Pass
With first LNG production achieved, Golden Pass LNG is on track to commence exports to global markets in second-quarter 2026.
March 30, 2026