Colombia’s Natural Gas Crisis Deepens as Strait of Hormuz Closure Cuts Supply | OilPrice.com Matthew Smith As Oilprice’s South America correspondent, I cover Colombia (where I currently live), Venezuela, Ecuador, Peru, Brazil, Argentina, Chile, Bolivia, Paraguay, Guyana, Suriname and Uruguay. I… More Info Premium Content By Matthew Smith – May 22, 2026, 5:00 PM CDT...Continue Reading

A federal oil and gas lease sale covering Permian basin acreage in Texas and New Mexico generated more than $4 billion, marking the largest onshore lease auction in U.S. history as operators ramp up drilling activity amid stronger oil prices and pro-development policy shifts. SourceContinue Reading

Asia’s Next Energy Hub May Rise in Malaysia | OilPrice.com Cyril Widdershoven Cyril Widdershoven is a senior maritime, energy, and geopolitical analyst and Senior Advisor at Blue Water Strategy, specialising in the strategic intersection of shipping, ports,… More Info Premium Content By Cyril Widdershoven – May 22, 2026, 4:00 PM CDT The Strait of Hormuz...Continue Reading

3D-Printed Copper Plates Could Cut Data Center Cooling Energy Use by 97% | OilPrice.com Haley Zaremba Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… More Info Premium Content By Haley Zaremba – May 22, 2026, 3:00 PM CDT...Continue Reading

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. SourceContinue Reading

Oil prices turned to a gain Friday after Iran poured cold water on growing market hopes for a near-term agreement with the United States, reminding traders yet again that optimism around diplomacy and reality on the ground are not always moving in the same direction. Brent crude rose 0.78%, while U.S. benchmark WTI climbed 0.20%...Continue Reading

AI Could Unlock $500 Billion for Oil and Gas Producers by 2030 | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – May 22, 2026, 1:00 PM CDT...Continue Reading

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 558,  down just 8 from this same time last year. The number of active oil rigs rose by...Continue Reading

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. SourceContinue Reading

The African Energy Chamber is promoting new upstream investment opportunities across Africa to South American operators, highlighting LNG expansion, shale gas development and frontier exploration activity across the continent. SourceContinue Reading