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California Republic and American flags are waving.
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Nigerian flag
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oil equipment shadow on US currency background
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Russian oil tanker at dockyard with tugboat
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Amid geopolitical tensions in the Middle East and oil supply disruptions, the US has implemented temporary sanctions waivers, strategic petroleum releases, and is considering ...
March 13, 2026
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Middle East map with Iran top center
Participants in a roundtable discussion emphasized that while existing oil and gas dynamics remain, flexibility is decreasing, and resilience increasingly hinges on supply‑chain...
March 12, 2026
Photo from Brava Energia
Atlanta FPSO offshore
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The potential third phase involves drilling two additional wells aimed at enhanced recovery while maintaining modest capital expenditure.
March 3, 2026
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Satellite view of Middle East landforms. Elements furnished by NASA
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Broader infrastructure risks are emerging as regional attacks threaten production in Qatar, Saudi Arabia, and Iraq, while Europe and Asia face heightened vulnerability due to ...
March 3, 2026
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Aerial view crude oil tanker Strait Of Hormuz
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Despite initial market volatility, oil storage levels and pre-positioned supplies have mitigated immediate price shocks. However, ongoing tensions and insurance issues continue...
March 2, 2026
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Sea container ship in the Strait of Hormuz, near Iranian coastline, 2021
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About 20 million b/d of crude oil and petroleum products transit the Strait of Hormuz, linking Persian Gulf producers—including Saudi Arabia, Iraq, Iran, the United Arab Emirates...
March 2, 2026
Photo from Eni SPA
Eni refinery Priolo, Sicily
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Eni's projects at Sannazzaro and Priolo will add 1.05 million tpy of biorefining capacity, complementing existing operations and positioning the company as a major EU producer...
Feb. 26, 2026
Occidental Petroleum Corp.
drilling rig on US land
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Also on tap for 2026 is a drop in spending on the company’s Stratos direct air capture project as its first phase nears ramp-up. CEO Vicki Hollub says the focus is on more efficiencies...
Feb. 23, 2026
Photos from North Refineries Co.
North Refineries Co. refining project
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Iraq's Ministry of Oil has commissioned new refinery projects, increasing fresh crude distillation capacity by 140,000 b/d and upgrading units to produce Euro 5 fuels.
Feb. 12, 2026
Map from Williams
Transco SSE project map
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This 1.6-bcfd Southeast Supply Enhancement project is expected to provide natural gas to meet growing demand across the Mid-Atlantic and Southeast. In December, a separate expansion...
Feb. 4, 2026
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US and Venezuelan flag
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Venezuela's acting President signed new legislation to reduce state control over the oil industry, while the US Treasury issued General License 46, permitting more companies to...
Jan. 30, 2026
Murphy Oil Corp.
mur_platform_1
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The operator has signed a deal to look into oil opportunities offshore Morocco. Spending in the Gulf of Mexico will rise 10% this year to $330 million.
Jan. 29, 2026
Sand, LWP packing (Fig. 1)
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For conventional horizontal gravel packed wells, a comprehensive study using various ceramsite densities reveals the trade-offs between packing density, stability, and operational...
Jan. 29, 2026
Photo from YPF
YPF Argentina operations
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The asset exchange separates long-term gas-focused assets from shale oil operations, positioning YPF to attract partners like Eni and ADNOC, while Pluspetrol shifts focus to oil...
Jan. 26, 2026
Photo from ExxonMobil
ExxonMobil's refining and petrochemical complex in Baytown, Tex.
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Following recent investments in Singapore and Rotterdam, ExxonMobil's Baytown project is aimed at enhancing its capacity to supply a full spectrum of base stocks and positioning...
Jan. 22, 2026
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Crude oil barrel with Venezuela flags on a USA map
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The US Treasury may soon issue a sanctions-release notice, potentially enabling US companies to invest in Venezuela's oil sector, but political and legal reforms would be needed...
Jan. 13, 2026
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The White House
The Trump administration plans to exit 66 international organizations, including climate bodies, aiming to reduce US involvement in what was deemed as conflicting global initiatives...
Jan. 9, 2026
Northern Oil and Gas Inc.
nog_wells_1
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Also: The CEOs of Devon and Expand talk about their first steps in geothermal and the Western Haynesville.
Jan. 8, 2026
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Analyzing data from airborne campaigns, the study reveals that older shallow-water platforms in Angola emit more methane than modern FPSOs, with current inventories often misrepresentin...
Jan. 8, 2026
Phillips 66
Phillips 66 refinery operations
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Executives told a Goldman Sachs conference they would expect their Mid-Continent to also benefit from the addition of Venezuelan crude.
Jan. 6, 2026
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Venezuelan flag over oil barrels, market concept
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Following Maduro's removal, Venezuela faces a prolonged recovery with muted short-term reactions in oil price, but questions about long-term outcomes for heavy oil markets remain...
Jan. 5, 2026
Rendering from Photo from DG Fuels LLC
Rendering of DG Fuels' proposed sustainable aviation fuel production complex in Louisiana
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Samsung E&A’s specific work under a new contract will focus on the complex’s blue hydrogen plant—including an air separation unit, autothermal reformer, and CO2 capture—as well...
Dec. 15, 2025
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Waving flag of Canada
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In the coming years, Canadian LPG production could increase by 238,000-264,000 b/d based on several BC LNG projects coming online, resulting in a glut of propane and butane in...
Dec. 2, 2025
Par Pacific Holdings Inc.
Par Hawaii refinery (Fig. 1).
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Already under construction, Hawaii Renewables’ proposed plant is designed to produce about 61 million gal/year (3,950 b/d) of renewable fuels, including renewable diesel, sustainable...
Nov. 26, 2025