North America
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.
News
May 18, 2026
McDermott reported first-quarter 2026 revenue of $2.4 billion and a backlog of $17.6 billion as the offshore engineering contractor cited strong project execution and continued operations amid Middle East market uncertainty.
Article
April
The Gulf enjoys a renaissance in industry opinion and standing
News
May 17, 2026
The U.S. and Iran remained far apart Sunday on negotiations aimed at ending the conflict and reopening the Strait of Hormuz, while a drone strike near a UAE nuclear facility underscored ongoing security risks across the Gulf region.
News
May 15, 2026
The U.S. and China called for reopening the Strait of Hormuz following talks between President Donald Trump and Chinese President Xi Jinping, though negotiations over the Iran conflict remain deadlocked as oil prices continue climbing.
News
May 15, 2026
Mexican President Claudia Sheinbaum has appointed Pemex CFO Juan Carlos Carpio to lead the state oil company as the heavily indebted producer faces production declines, fiscal pressure and restructuring challenges.
News
May 14, 2026
A bipartisan Senate bill backed by TIPRO and EWTC aims to prevent future LNG export permit moratoriums by strengthening protections for U.S. LNG approvals under the Natural Gas Act.
News
May 14, 2026
President Donald Trump said Chinese President Xi Jinping supports diplomatic efforts to reopen the Strait of Hormuz as Gulf shipping disruptions and vessel security incidents continue to pressure global oil and LNG markets.
News
May 14, 2026
The Louisiana Legislature has unanimously endorsed the proposed Argent LNG export facility at Port Fourchon, backing development of the 25-MMtpa project as it advances through the federal permitting process.
News
May 14, 2026
A White House official said Chinese President Xi Jinping expressed interest in increasing U.S. oil purchases to reduce China’s dependence on the Strait of Hormuz as disruption to Middle East energy flows continues to pressure global markets.
News
May 13, 2026
Texas Railroad Commissioner Wayne Christian warned that rising federal debt, inflation and ongoing Strait of Hormuz tensions could threaten U.S. energy security and weaken the dollar’s dominance in global oil markets.
News
May 12, 2026
The EIA will begin publishing new quarterly datasets tracking global petroleum reserves and key oil and LNG shipping chokepoints, as ongoing disruption in the Strait of Hormuz continues to pressure global energy markets.
News
May 11, 2026
The Independent Petroleum Association of America praised the Trump administration’s decision to rescind the Bureau of Land Management’s public lands rule, arguing the rollback will improve regulatory certainty and protect access to federal lands for independent oil and gas producers.
News
May 11, 2026
The Energy Workforce & Technology Council (EWTC) reported a second consecutive month of U.S. energy services job growth in April, as companies cautiously expand hiring amid improving market conditions and ongoing geopolitical uncertainty.
News
May 09, 2026
Iran has submitted a response to the latest U.S. proposal aimed at ending the 10-week conflict that has disrupted global energy markets and sharply curtailed shipping through the Strait of Hormuz.
