Iraq has declared force majeure on foreign-operated oilfields after Strait of Hormuz disruptions halted crude exports, Reuters reported, forcing sharp production cuts and tightening global supply amid escalating regional conflict. SourceContinue Reading
Brazil President Luiz Inácio Lula da Silva said Petrobras and Pemex could partner on deepwater oil exploration in the Gulf of Mexico, as Mexico seeks to revive production and Petrobras looks to expand internationally. SourceContinue Reading
A new high-resolution offshore seismic dataset covering 7,300+ km in Equatorial Guinea has been released, leveraging advanced PSDM and FWI imaging to support exploration and de-risk prospects ahead of the EG Ronda 2026 licensing round. SourceContinue Reading
DHL is expanding its North America data center logistics network with 10 new sites and over 7 million sq ft of capacity, supporting hyperscale AI infrastructure growth with specialized handling, transport and global supply chain integration. SourceContinue Reading
Attacks on Qatar’s Ras Laffan hub have removed nearly 20% of global LNG supply, with Wood Mackenzie warning the disruption could last months—or longer—tightening markets, delaying new capacity and reshaping global gas flows. SourceContinue Reading
A Bain & Company survey of 800+ executives shows energy leaders divided on transition investments and peak oil timing, as policy uncertainty, rising costs and AI-driven power demand reshape capital allocation across oil, gas and utilities. SourceContinue Reading
North Africa’s growing electricity infrastructure and cross-Mediterranean interconnectors are emerging as a new energy link to Europe, complementing LNG and pipeline gas supplies as the region seeks diversified, lower-carbon energy sources. SourceContinue Reading
Automation powered by machine learning was a recurring theme on day one of IADC/SPE International Drilling Conference and Exhibition 2026, hosted this year in Galveston, Texas. As operators across the drilling value chain seek greater efficiency, A.I. and its many applications in automation offer a path to a new era of energy efficiency. SourceContinue Reading
Oil companies including ExxonMobil and ConocoPhillips bid $163 million in a record lease sale in Alaska’s National Petroleum Reserve, signaling renewed upstream interest following policy changes and expanded access to federal acreage. SourceContinue Reading
A new legal challenge tied to the Dakota Access Pipeline is raising broader concerns across the U.S. energy sector. In this op-ed, Texas Railroad Commissioner Wayne Christian argues that European court actions could undermine American judicial authority, disrupt transatlantic energy ties and introduce new risks for infrastructure investment. SourceContinue Reading
