Industry & Analysis
News
March 27, 2026
As the Middle East conflict continues to disrupt global oil and LNG flows, panelists at CERAWeek by S&P Global pushed back on two questions gaining traction in energy circles: why doesn’t the U.S. simply intervene with force to reopen the Strait of Hormuz, or seize Iran’s Kharg Island export hub?
News
March 27, 2026
Rising oil prices driven by Middle East supply disruptions could prompt U.S. shale producers to increase drilling activity in the second half of 2026, with output potentially rising by more than 800,000 bpd through 2028, according to Citi.
News
March 27, 2026
A U.S. appeals court has overturned a $16.1 billion judgment against Argentina tied to the nationalization of oil company YPF, marking a significant legal and financial shift in one of the industry’s largest compensation disputes.
News
March 26, 2026
A Turkish-operated tanker carrying roughly 1 MMbbl of Russian crude was damaged in a suspected sea-drone attack in the Black Sea, raising concerns over maritime security and energy flows near the Bosphorus Strait.
News
March 26, 2026
Iran is maintaining crude exports near 1.6 MMbpd and capturing stronger prices as disruptions in the Strait of Hormuz sideline other Gulf producers, reshaping regional supply dynamics and boosting Tehran’s oil revenues.
News
March 26, 2026
CNOOC reported record oil and gas production and reserves in 2025, supported by new discoveries, project startups and continued upstream investment across China and international assets.
News
March 26, 2026
At CERAWeek, Interior Secretary Doug Burgum reinforced the Trump administration’s “energy dominance” agenda, emphasizing faster permitting, expanded domestic production and stronger global energy alliances as geopolitical tensions reshape supply dynamics.
News
March 25, 2026
At a press briefing during Wednesday morning at CERAWeek by S&P Global 2026, U.S. EPA Administrator Lee Zeldin announced a nationwide fuel waiver as a means of ensuring that Americans have stable, plentiful gasoline supplies. The waiver is set to take effect on May 1.
News
March 25, 2026
“You just can’t take 8-to-10 MMbpd off the market, and 20% of LNG supply, and not expect instability,” ConocoPhillips Chairman and CEO Ryan Lance said on Tuesday at CERAWeek by S&P Global, underscoring the scale of the current supply shock hitting global energy markets.
News
March 24, 2026
Hedge funds and oil company executives are meeting in Venezuela as the government signals a push to reopen the economy and revive upstream investment, with sanctions relief and PDVSA restructuring key to unlocking production growth.
News
March 24, 2026
Disruptions through the Strait of Hormuz are driving a more persistent inflationary shock, with Brent crude forecast to average $88/bbl in Q2 and recession risks rising, according to EY-Parthenon.
News
March 24, 2026
U.S. President Donald Trump and Indian Prime Minister Narendra Modi discussed disruptions in the Strait of Hormuz as India faces tightening LNG and oil supplies, highlighting growing risks to global energy flows and industrial demand.
News
March 24, 2026
Conflicting tracking signals around an Iraqi crude tanker highlight growing uncertainty in vessel movements near the Strait of Hormuz, as signal jamming and limited transits complicate visibility into global oil flows during ongoing regional conflict.
News
March 23, 2026
CERAWeek opened with a clear message: meeting global energy demand will require a balanced mix of fuels, faster permitting and continued innovation. Industry leaders, including Chevron’s Mike Wirth, emphasized supply constraints, geopolitical risks and the growing role of AI in optimizing operations.
News
March 23, 2026
On Day 1 of CERAWeek, U.S. Energy Secretary Chris Wright outlined a policy shift focused on expanding domestic production, accelerating LNG exports and deploying strategic reserves, as Washington moves to stabilize markets amid geopolitical tensions and rising global energy demand.
News
March 23, 2026
ADNOC CEO Sultan Al Jaber warned that disrupting the Strait of Hormuz amounts to “economic terrorism,” as attacks on energy infrastructure and shipping lanes threaten global oil and gas flows and drive market volatility.
News
March 23, 2026
Oil prices plunged after President Trump signaled potential talks with Iran, though disruptions in the Strait of Hormuz continue to constrain global supply, keeping markets volatile despite hopes for a near-term de-escalation.
News
March 22, 2026
U.S. officials say military operations against Iran are targeting positions near the Strait of Hormuz, a key global oil chokepoint, as escalating conflict raises risks to crude flows and keeps energy markets on edge.
News
March 20, 2026
Iraq has declared force majeure on foreign-operated oilfields after Strait of Hormuz disruptions halted crude exports, Reuters reported, forcing sharp production cuts and tightening global supply amid escalating regional conflict.
Article
March
From record-shattering pre-salt output and a landmark OPEC+ debut, to a $109 billion investment mandate and the contradictions of hosting COP30, Brazil’s hydrocarbons sector has entered one its most consequential chapters. This report examines the defining decisions of the past 12 months, and charts the terrain for the year ahead.
Article
March
In our independent industry every day, the bonds among local oil and gas producers—and our shared commitment to the places we call home—remain our greatest asset.
