Kuwait has declared force majeure on oil and refined product shipments as the Strait of Hormuz blockade disrupts export flows, highlighting the growing impact of the Middle East conflict on global energy markets. SourceContinue Reading
As Iran again closes the Strait of Hormuz after a brief reopening, energy analyst Arjun Murti tells World Oil that markets may be misreading the situation, with no clear “open” or “closed” outcome in sight. SourceContinue Reading
Op-Ed: Africa’s energy transition will depend on governance, investment and continued oil and gas development, according to industry commentary on balancing growth and decarbonization. SourceContinue Reading
Moveout Data has launched Metaseis, a seismic data management software platform designed to streamline processing, improve data accessibility and support AI-driven analytics in upstream workflows. SourceContinue Reading
The U.S. Bureau of Land Management will hold a 2026 lease sale in Alaska’s Arctic Coastal Plain, advancing federal efforts to expand oil and gas development. SourceContinue Reading
Shipping in the Strait of Hormuz has stalled after Iran reversed course and threatened vessels, raising risks to global oil flows and complicating U.S.-Iran peace negotiations. SourceContinue Reading
Iran’s reopening of the Strait of Hormuz eased oil prices at the end of a volatile week, but markets remain on edge as shipping flows and ceasefire stability come into focus. SourceContinue Reading
Energy NL has appointed a new board of directors following its AGM, with leadership set to guide Newfoundland and Labrador’s offshore energy sector and local industry participation. SourceContinue Reading
Texas upstream employment slipped early this year, but hiring demand remains strong, with more than 8,500 job postings in February, according to TIPRO. SourceContinue Reading
Iran says the Strait of Hormuz is open again during a Lebanon ceasefire, sending oil prices sharply lower. The move could ease supply pressures—if the truce holds. SourceContinue Reading