How a Regional Gulf Coast Port Became America’s Crude Oil Export Capital | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – May 29, 2026, 5:00 PM CDT...Continue Reading

Colombia’s Oil Industry Faces a Defining Election in 2026 | 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 29, 2026, 2:00 PM CDT Colombia’s oil and...Continue Reading

Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – May 29, 2026, 12:30 PM CDT Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the...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 562,  down just 1 from this same time last year. The number of active oil rigs rose by...Continue Reading

SBM Offshore has secured contracts from Petrobras to design, build and operate the SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas basin offshore Brazil, supporting a major deepwater oil and gas development with first deliveries planned for 2030 and 2031. SourceContinue Reading

Chevron CEO: Multiple Ships Attacked In Strait of Hormuz | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – May 29, 2026, 11:29 AM CDT Multiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. (NYSE:CVX)...Continue Reading

Secretive Azerbaijan Deal Raises Energy Security Concerns in Georgia | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – May 29, 2026, 11:00 AM CDT Georgia and Azerbaijan signed long-term...Continue Reading

Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 29, 2026, 10:30 AM CDT The Philippines has received its first cargo of Iranian crude, Reuters reported on Friday, citing tanker-tracking data from Kpler and Vortexa. A...Continue Reading

Oil Prices Suffer Biggest Weekly Collapse in Two Months | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – May 29, 2026, 10:30 AM CDT Brent crude is...Continue Reading

Norway is urging the European Union to remove its moratorium on new Arctic oil and gas drilling, arguing that increased Barents Sea exploration could strengthen European energy security as the region remains heavily dependent on Norwegian gas supplies. SourceContinue Reading