News

ADNOC considers new crude pricing system tied to Dubai benchmark

June 30, 2026

ADNOC is proposing a new pricing methodology for Upper Zakum, Das and Umm Lulu crude that would link official selling prices to the Dubai benchmark rather than Murban futures. The move could simplify regional pricing comparisons as the UAE expands crude exports.

LNG

Shell sees flat LNG trade in 2026 as Hormuz recovery remains uncertain

June 30, 2026

Tenaris invests $90 million to modernize Pennsylvania OCTG manufacturing

June 30, 2026

SLB wins seven-year KOC innovation contract focused on AI, production optimization

June 30, 2026

Artificial intelligence

Siemens, IFS partner on Industrial AI for asset, production optimization

June 30, 2026

Digital Transformation

Enverus expands upstream data network with PDS acquisition

June 30, 2026

People

bp Deputy CEO Carol Howle to retire, company will not replace role

June 30, 2026

LGX expands Illinois basin strategy with 3D seismic targeting

June 30, 2026

California offshore operator Sable turns to investors to repay Exxon loan

June 30, 2026

SBM Offshore secures $465 million financing for Trion FSO

June 29, 2026

Trump says U.S., Iran to resume talks as Hormuz attacks pause

June 29, 2026

Eco Atlantic secures approval for Namibia PEL 98 farm-out

June 29, 2026

Eni, XRG take Vaca Muerta stakes to advance Argentina LNG project

June 29, 2026

Kolibri expands Oklahoma drilling strategy with new Tishomingo targets

June 29, 2026

SandRidge to acquire Mid-Continent assets for $65 million

June 29, 2026

Baker Hughes extends long-term service deal for Nigeria LNG Train 7

June 29, 2026

Aker Solutions to support White Rose platform, SeaRose FPSO

June 26, 2026

Drone attack cuts output at Kazakhstan's Karachaganak oil field

June 26, 2026

Permian Basin

Evolution Well Services earns ExxonMobil supplier excellence award

June 26, 2026

Magnolia eyes $4 billion WildFire acquisition to expand Eagle Ford position

June 26, 2026

©2026 World Oil, © 2026 Gulf Publishing Company LLC.
Copyright © 2022. All market data is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

All material subject to strictly enforced copyright laws
Please read our Terms & Conditions, Cookies Policy and Privacy Policy before using the site.
Do Not Sell or Share My Personal Information.

Connect with World Oil

Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.

Subscribe Newsletter Sign Up