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World Oil News
BluEnergies and TotalEnergies are advancing exploration activities in Liberia’s offshore Harper basin, with 3D seismic reprocessing and seabed surveys underway to identify and refine future drilling prospects across Blocks LB-26, LB-30 and LB-31. Source
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U.S. energy services employment remained relatively stable through the first half of 2026 despite a modest decline in June, according to the latest jobs report from the Energy Workforce & Technology Council (EWTC). Source
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EIA’s July STEO raises its global oil production forecast as Strait of Hormuz shipping recovers, while projecting lower Brent crude prices and continued growth in U.S. crude production and LNG exports. Source
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The Bureau of Ocean Energy Management has issued a Request for Information to evaluate the potential use of the U.S. Outer Continental Shelf for offshore space launch, re-entry and recovery infrastructure, opening a 30-day public comment period. Source
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Fluor has been selected for Aramco’s long-term program management consultancy agreement, positioning the company to support future upstream, downstream and infrastructure projects across the energy giant’s global capital portfolio. Source
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Renaissance Africa Energy Company has announced an offshore oil discovery at the JK-004 exploration well in Nigeria’s OML 74, confirming approximately 1,000 ft of hydrocarbon-bearing intervals across seven reservoirs containing light oil. Source
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TotalEnergies CEO Patrick Pouyanné will speak at AOG 2026 as the company advances major offshore oil and gas projects in Angola, including the Kaminho deepwater development and the country’s first non-associated gas project. Source
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Iraq has restored production at three major southern oil fields after tanker exports resumed through the Persian Gulf, reversing temporary output cuts caused by disruptions following tensions around the Strait of Hormuz. Source
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Marubeni Corporation has acquired Barnett shale operator EagleRidge Energy, expanding its North American natural gas portfolio with a producer operating more than 3,500 wells and producing approximately 300 MMcfe/d in North Texas. Source
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