U.S. Energy Secretary Chris Wright this week said that the oil exports from the Middle East have rebounded to 15 million barrels per day (bpd) and even topped the pre-war average of 20 million bpd on Sunday.
Vessel-tracking services and commodity analysts are baffled and struggling to reconcile these numbers with their observations of tanker loadings and traffic in the region.
Egyptian Minister of Petroleum and Mineral Resources Karim Badawi ordered the acceleration of work to connect the offshore Harmattan gas field to production facilities, as the government seeks to bring new gas resources online and strengthen domestic supplies.
ConocoPhillips chief financial officer and executive vice president, strategy and commercial Andy O’Brien to succeed Ryan Lance as president and chief executive, with Lance becoming executive chair. Current vice president, finance and controller Konnie Haynes-Welsh to become senior vice president and chief financial officer. All effective 1 September.
XRG is making one of the most significant new foreign investments yet aimed at unlocking Venezuela’s vast offshore natural gas resources for international markets, taking a stake in the 4 Tcf-plus Loran field as the country looks to establish a more direct path for its gas into the global LNG trade.
Türkiye produced 23.1 million barrels of oil and more than 1.6 billion cubic meters of natural gas in the first half of 2026, with the Gabar and Sakarya fields accounting for most of the output, the Energy and Natural Resources Ministry said.
The Rosebank oil field, 80 miles northwest of Shetland, and the Jackdaw gas field, east of Aberdeen, are awaiting a formal decision from the government after a previous approval by a Conservative administration in 2023 was quashed by the Scottish courts.
Mozambique’s National Hydrocarbons Company (ENH) needs US$150 million to build gas transportation, storage and regasification infrastructure between Beira and Inhassoro, the president of the state-owned company said on Saturday.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Magnolia Oil & Gas (NYSE:MGY) and its peers.
The Bureau of Land Management today opened a 30-day public scoping period to receive public input on 328 oil and gas parcels totaling 427,701 acres that may be included in a March 2027 lease sale in Wyoming. The scoping period ends September 10, 2026.
TAQA Arabia, through its subsidiary Rosetta Energy Solutions, Tanzania Petroleum Development Corporation (TPDC), and Africa50, a pan‑African infrastructure investment platform, have signed a Gas Sales Agreement (GSA) for East Africa LNG (EALNG), the venture developing Tanzania’s first small-scale liquefied natural gas (LNG) facility.