OPEC+ has agreed to a modest production increase following the UAE’s exit, though supply remains constrained by ongoing disruptions in the Strait of Hormuz. SourceContinue Reading

The EPA will allow limited routine flaring at new oil wells beyond the 2026 phaseout deadline, offering operators added flexibility amid ongoing infrastructure constraints. SourceContinue Reading

Dana Gas has fully settled overdue receivables in Egypt while reporting increased production in the Nile Delta, supported by ongoing investment and drilling activity. SourceContinue Reading

bp is reviewing its UK North Sea upstream assets and considering potential divestments as part of a broader strategy to streamline its portfolio and reduce debt. SourceContinue Reading

Occidental CEO Vicki Hollub will retire June 1, with COO Richard Jackson set to take over leadership. SourceContinue Reading

A new TIPRO report shows Permian and Texas oil production hitting record highs while flaring intensity drops sharply—highlighting how infrastructure gains are reshaping emissions trends. SourceContinue Reading

SM Energy has completed a $950 million sale of South Texas assets, marking a major step in its ongoing portfolio repositioning. SourceContinue Reading

ConocoPhillips is excluding Qatar volumes from guidance as Middle East disruption impacts output, while Lower 48 operations continue to drive production. SourceContinue Reading

JDR Cable Systems has been awarded a contract to supply subsea control umbilicals for Amplitude Energy’s offshore gas project supporting supply to Victoria, Australia. SourceContinue Reading

OPEC+ is expected to approve a modest production increase despite the UAE’s exit and ongoing disruption to oil flows through the Strait of Hormuz. SourceContinue Reading