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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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Photo from Vista Energy
Onshore drilling rig with sunset in the background
Photo from Vår Energi / Øyvind Sætre
Ringhorne wellhead platform
President of the Republic of Azerbaijan Ilham Aliyev (left) met with President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan
350487557 © Dmitriiavramchik | Dreamstime.com
AI-generated image of oil barrels with bar chart illustrating volatility of oil market.
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March 18, 2026
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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

264355396 © Alex Verrone | Dreamstime.com
Oil production, sunset backdrop
At 428.8 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report indicated.
Feb. 11, 2026
Harbour Energy plc investor presentation, January 2026
Harbour Energy interests January 2026
With the addition of the new core business segment, Harbour Energy plans to update its 2026 guidance in early March, reflecting the acquisition's impact and new capital strategies...
Feb. 11, 2026
Maps from US Bureau of Ocean Energy Management
Maps of potential oil and gas leasing offshore Central, Southern California
California leaders oppose the federal government's plans to expand offshore drilling, citing risks to coastal economies and ecosystems. While the industry highlights potential...
Feb. 10, 2026
177672100 © Gumpanat Thavankitdumrong | Dreamstime.com
pumpjacks on blue chart background
The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing demand, leading to rising inventories and market surplus conditions...
Feb. 10, 2026

Refining & Processing

Photo from Verde Clean Fuels
Verde Clean Fuels demonstration plant
The company completed a front-end engineering study for a GTG plant in Texas but decided to suspend development amid "changing market conditions."
Feb. 6, 2026
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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

Drilling & Production

Photo from Perenco
Kombi 2 platform oil and gas platform offshore Congo-Brazzaville
The platform marks a milestone in the redevelopment of KLL II field. A drilling campaign is expected to begin this year.
Feb. 9, 2026
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

Exploration & Development

Map from Petronas
Malaysia Bid Round 2026 map
This bid round targets high-impact exploration in the Sandakan basin, potential in West Sarawak, and near-field projects in the Malay basin, aiming to attract investment and accelerate...
Feb. 11, 2026
Photo from Libya's National Oil Corporation
Libya Bid Round 2025 results ceremony
The recent bidding round in Libya has attracted Chevron, Repsol, and others, as the country seeks to restore its position in the global oil market after years of stagnation.
Feb. 11, 2026
Photo from bp
Image of Velaris Renaissance drillship
Noting uncertainty at this preliminary stage, bp still expressed confidence in the discovery and its plan to begin an appraisal plan by yearend.
Feb. 10, 2026
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

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