News
April 21, 2026
A last-minute extension of the Iran ceasefire has not eased tensions in global energy markets, with the U.S. maintaining its blockade of the Strait of Hormuz after negotiations with Tehran collapsed.
News
April 21, 2026
Halliburton says its global operations are holding up despite Iran-driven disruption in the Middle East, while early signs of a North America rebound point to a shifting upstream outlook.
Article
April
Editor-in-Chief Kurt Abraham weighs in on the Trump administration’s push to streamline offshore regulation, arguing the move could reduce bureaucracy and support U.S. development—while broader industry signals point to cautious optimism amid ongoing global uncertainty.
News
April 20, 2026
President Trump has invoked the Defense Production Act to accelerate U.S. oil, gas and infrastructure development, signaling a major push to boost domestic supply amid global disruption.
News
April 20, 2026
Ghana is advancing a $3.5 billion investment drive to boost offshore oil and gas development, alongside broader plans to expand renewables and explore nuclear power.
News
April 20, 2026
President Donald Trump said a ceasefire extension with Iran is unlikely, with the Strait of Hormuz set to remain blocked, raising concerns over global oil supply and market volatility.
News
April 20, 2026
Sable Offshore is ramping production at its Santa Ynez Unit and targeting new output in 2026, while advancing refinancing plans and pursuing legal claims tied to its California operations.
News
April 20, 2026
Kuwait has declared force majeure on oil and refined product shipments as the Strait of Hormuz blockade disrupts export flows, highlighting the growing impact of the Middle East conflict on global energy markets.
News
April 19, 2026
As Iran again closes the Strait of Hormuz after a brief reopening, energy analyst Arjun Murti tells World Oil that markets may be misreading the situation, with no clear “open” or “closed” outcome in sight.
News
April 17, 2026
Op-Ed: Africa’s energy transition will depend on governance, investment and continued oil and gas development, according to industry commentary on balancing growth and decarbonization.
News
April 19, 2026
Shipping in the Strait of Hormuz has stalled after Iran reversed course and threatened vessels, raising risks to global oil flows and complicating U.S.-Iran peace negotiations.
News
April 17, 2026
Iran’s reopening of the Strait of Hormuz eased oil prices at the end of a volatile week, but markets remain on edge as shipping flows and ceasefire stability come into focus.
News
April 17, 2026
Kazakhstan has upheld a $5 billion environmental fine against operators of the Kashagan oil field, intensifying a legal dispute over sulfur storage and project compliance.
News
April 16, 2026
Namibia is accelerating petroleum law reforms to strengthen investment conditions and support offshore development in the Orange basin as the country moves toward first oil.
News
April 16, 2026
The White House is pressing U.S. oil producers to increase output as a global supply shock unfolds. But with uncertainty over how long disruptions will last, companies remain cautious on new drilling.
News
April 16, 2026
Oil shipments through the Strait of Hormuz are at a near-standstill as producers and tanker owners clash over who bears transit risk. The standoff is driving freight rates higher and adding pressure to already strained global supply flows.
News
April 16, 2026
Petrobras shareholders vote on a new board this week as surging oil prices intensify pressure on Brazil’s fuel pricing policy. The outcome could shape how the state-controlled company balances political priorities with market realities.
News
April 16, 2026
AMEXHI has backed Mexico’s energy strategy while urging improved competitiveness, regulatory certainty and security to attract oil and gas investment and strengthen energy security.
News
April 15, 2026
The U.S. has expanded sanctions targeting an Iranian oil shipping network tied to Hossein Shamkhani, aiming to curb crude exports as tensions in the Strait of Hormuz disrupt global supply.
News
April 15, 2026
The U.S. and Iran are moving toward further negotiations to extend a fragile ceasefire, even as tensions over the Strait of Hormuz continue to disrupt global oil flows and keep markets on edge.
News
April 14, 2026
The IEA, IMF and World Bank warn that the Middle East conflict is causing prolonged disruptions to global oil and gas markets, with supply shortages and elevated prices expected to persist.
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