North America
News
May 27, 2026
In a new opinion piece, World Oil Editor-in-Chief Kurt Abraham examines an unusual Texas primary runoff that saw three pro-industry Republicans—including Sen. John Cornyn and Railroad Commission Chairman Jim Wright—lose high-profile races with potential implications for future energy policy debates.
News
May 27, 2026
President Donald Trump said the U.S. remains dissatisfied with negotiations aimed at ending the conflict with Iran and reopening the Strait of Hormuz, pushing back against earlier Iranian media reports suggesting a deal could soon normalize maritime traffic through the vital waterway.
News
May 26, 2026
ExxonMobil and ConocoPhillips are negotiating potential re-entry into Venezuela’s upstream sector while seeking stronger investment protections, contract stability and mechanisms to recover billions tied to past nationalizations.
News
May 26, 2026
Oil prices rebounded as renewed military tensions between the U.S. and Iran complicated negotiations aimed at reopening the Strait of Hormuz, prolonging uncertainty across global crude and LNG markets.
News
May 25, 2026
Dalhousie University has launched a second industry participation round for Nova Scotia’s subsurface energy research program as the province continues evaluating the potential of onshore natural gas resources.
News
May 25, 2026
Oil prices fell sharply as U.S. and Iranian officials signaled progress toward a potential agreement to reopen the Strait of Hormuz, easing concerns over global crude and LNG supply disruptions.
News
May 24, 2026
U.S. and Iranian negotiators are reportedly nearing a framework that could reopen the Strait of Hormuz, a critical chokepoint for global oil and LNG trade, though major disagreements over sanctions and uranium enrichment remain unresolved.
Article
May
In his latest Drilling Advances column, Ford Brett explores whether drilling automation can help solve North America’s looming natural gas supply challenge — and what today’s rig robots have in common with the legend of John Henry and the steam drill.
News
May 22, 2026
The U.S. oil rig count posted its largest weekly increase since 2022 as rising crude prices tied to Middle East tensions and the Strait of Hormuz disruption boosted shale drilling activity, particularly in Texas.
News
May 22, 2026
Noble Corporation has appointed Halliburton Chairman, President and CEO Jeff Miller to its board of directors, adding additional oilfield services and offshore industry leadership experience to the company’s board.
Article
May
After a long period in the regulatory “wilderness,” East Canada’s Nova Scotia province looks to make up for lost time in developing its oil and gas potential.
News
May 21, 2026
IPAA is backing new legislation from Senator Cynthia Lummis and Congressman August Pfluger aimed at easing methane emissions requirements for marginal oil and gas wells by shifting more oversight to states.
News
May 21, 2026
ConocoPhillips CEO Ryan Lance said Venezuela’s revised oil framework still falls short of what international operators need to justify major upstream investment, citing high government take and unfavorable contract terms.
News
May 20, 2026
Iran warned it could retaliate beyond the Middle East if the U.S. or Israel launches new attacks, underscoring continued geopolitical tensions surrounding Tehran’s nuclear program and the ongoing disruption of shipping through the Strait of Hormuz.
News
May 20, 2026
Chord Energy has invested in MaverickX to support deployment of PetroX Boost, a shale production enhancement technology aimed at improving hydrocarbon recovery from unconventional wells in the Bakken and other U.S. shale basins.
News
May 19, 2026
The U.S. Treasury has sanctioned 19 vessels tied to Iranian crude, LPG and petrochemical exports in a major escalation of Washington’s crackdown on Tehran’s shadow fleet and oil revenue networks amid ongoing Hormuz disruptions.
News
May 19, 2026
NATO members are discussing a possible mission to help protect commercial shipping through the Strait of Hormuz if the waterway remains blocked, as ongoing disruption continues pressuring global oil and LNG markets.
News
May 19, 2026
The U.S. Senate has confirmed former Congressman Steve Pearce as director of the Bureau of Land Management, a move welcomed by oil and gas groups seeking expanded federal leasing and permitting activity.
News
May 18, 2026
The U.S. Treasury has extended a sanctions waiver allowing certain Russian oil cargo transactions through June 17, offering temporary relief for stranded shipments as global crude markets remain strained by Middle East supply disruptions.
News
May 18, 2026
President Donald Trump said he postponed a planned military strike on Iran after appeals from Gulf allies seeking more time for negotiations, easing immediate fears of further disruption to global oil markets.
