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Fresh Ghana Well Lifts Kosmos Energy’s Jubilee Production

Jul 06, 2026

Kosmos Energy has brought online a new well at the Jubilee field offshore Ghana, which is now delivering at strong initial rates and helping lift field production as the company advances its 2026 drilling campaign.The J76 well, the third well of the 2026 campaign…

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

Jul 07, 2026

Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said, enabling the kingdom and possibly neighbours to transport more oil without crossing the Strait of Hormuz…

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Jun 24, 2026

Asia-Pacific focused upstream company Jadestone Energy has drilled and brought online its first well in the 2026 Malaysia infill drilling campaign on the PM323 production sharing contract, which now delivers around 3,000 barrels of oil per day (bpd)…

Is Hindsight 20/20? Hormuz Oil Shock and Lessons Learned from 1973

Jun 26, 2026

While oil and gas are once again flowing through the Strait of Hormuz, the closure of the vital waterway for over 100 days could prove to be a turning point in global energy markets. The Arab oil embargo of 1973, a similarly disruptive supply shock…

Britain's Political Shake-Up Opens Door to North Sea Rethink

Jun 25, 2026

The latest bout of political turmoil in Britain comes as energy security has moved front and centre following the Iran war, offering the next prime minister a chance to rethink the country’s North Sea oil and gas strategy.Andy Burnham, who is…

PRIO Brings Fourth Wahoo Well Online, Completes Planned Producer Rollout

Jun 17, 2026

Brazilian independent oil and gas producer PRIO has brought the fourth producer well at the Wahoo field online, completing the planned producer well rollout for the offshore development.The company said production from the fourth well has stabilized at 10…

Iran War Sparks Global Rush to Build Strategic Oil Reserves

Jun 22, 2026

Vulnerable countries that paid a high economic price during the Iran war are seeking to build domestic oil and gas storage buffers against future shocks, a drive that could bring roughly half a billion barrels of additional demand down the pike…

Trendsetter Vulcan's TBOP Tech Brings Shut-In Gulf of America Well Back Online

Jun 23, 2026

Trendsetter Vulcan Offshore (TVO) has deployed its proprietary Hercules tethered blowout preventer (TBOP) system to bring a shut-in well in the Gulf of America back into production, enabling a deepwater drilling rig to carry out a shallow-water workover operation…

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

Jun 19, 2026

Maritime recruitment has become more digital, but many platforms still replicate familiar agency workflows online. JobMarineMan.com, developed by ship and crew management company Marine MAN, is taking a different approach: a direct recruitment ecosystem built for shipowners and seafarers…

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

Jun 18, 2026

Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, boosting the oil supply outlook.Brent crude futures LCOc1 were down $2…

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Jun 19, 2026

Oil prices rose on Friday as the prospect of a lasting truce between the U.S. and Iran was clouded after peace talks in Switzerland were called off and as Israel stepped up attacks on Lebanon.By 0645 GMT, Brent crude futures LCOc1 gained 51 cents…

Inpex, Unions Reach Deal to End Ichthys LNG Strike

Jun 17, 2026

Australian unions said on Wednesday that they have reached a deal with Japan's Inpex to end strikes at the Ichthys liquefied natural gas (LNG) onshore and offshore facilities.Australia's Offshore Alliance began strike action on June 2, which…

Woodside Denies Knowledge of Reported ExxonMobil Takeover Interest

Jun 15, 2026

Australia's Woodside Energy said on Monday it was not aware of any proposal involving U.S. major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent media speculation.Woodside's shares fell 2…

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

Jun 11, 2026

Saudi Arabia and neighbouring Gulf producers will cheer the eventual reopening of the Strait of Hormuz, but the ensuing flood of oil risks eroding OPEC’s already fragile grip on the market.The Iran war and the closure of the vital waterway…

Oil Falls More Than 2% as US-Iran Tensions Ease

Jun 12, 2026

Oil prices fell more than 2% on Friday, extending losses from the previous session after U.S. President Donald Trump cancelled plans to strike Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week…

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