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, with the total rig count in the US rising to 593, up 54 from this same time last year. The number of active oil rigs rose by...Continue Reading

South Africa’s Top Court Blocks Shell Wild Coast Exploration | OilPrice.com Julianne Geiger Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… More Info Related News By Julianne Geiger – Aug 14, 2026, 11:30 AM CDT South Africa’s Constitutional...Continue Reading

Hormuz Attacks Push Oil Toward $100 Despite US Crude Build | 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 – Aug 14, 2026, 11:21 AM CDT Brent heads...Continue Reading

U.S. West Coast Refiners Tap Malaysian Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 14, 2026, 10:30 AM CDT A cargo of fuel oil from Malaysia is making its way to a refinery on the U.S. West Coast in the first such shipment...Continue Reading

The NSTA and 17 North Sea operators have launched a joint effort to tackle a 500-well abandonment backlog, with greater use of vessels for subsea wellhead removals potentially cutting costs by 30%. SourceContinue Reading

Metatek will conduct a 40,000-km² airborne geophysical survey across the Philippines’ Agusan-Davao Basin and Davao Gulf, the first stage of a broader exploration program ultimately covering roughly 120,000 km². SourceContinue Reading

Kazakhstan Accuses Big Oil of $10.7 Billion Corruption in Kashagan Oil Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 14, 2026, 9:30 AM CDT Kazakhstan has alleged in a confidential arbitration case that some of the biggest international oil firms that have developed...Continue Reading

Iran’s Economy Is Buckling Under the Weight of War | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 14, 2026, 9:00 AM CDT Iranian households are...Continue Reading

Diversified Energy has confirmed early-stage talks over a potential acquisition of Birch Resources, as the U.S. producer continues an acquisition strategy that has delivered 35 deals valued at more than $7 billion since 2017. SourceContinue Reading

Shell has lost its bid to renew an offshore exploration right along South Africa’s Wild Coast after the country’s Constitutional Court ruled against the oil major in a five-year legal dispute. SourceContinue Reading