News

Iran

Oil continues flowing through Hormuz despite Iran's closure claim

June 21, 2026

Despite Iran's announcement that the Strait of Hormuz is closed, millions of barrels of crude continue to move through the critical shipping lane. The conflicting signals highlight the uncertainty still facing global oil markets as U.S.-Iran negotiations get underway.

Iran closes Strait of Hormuz again, citing Lebanon ceasefire violations

June 20, 2026

Ivory Coast accelerates offshore growth with Baleine expansion, drilling campaigns

June 20, 2026

Texas upstream employment rises by 4,100 jobs in May, TIPRO says

June 19, 2026

Adura advances Jackdaw, Rosebank approvals with new regulatory filing

June 19, 2026

Valeura drills first multi-lateral well in Gulf of Thailand campaign

June 19, 2026

Iran

Iran ships 20 MMbbl of oil after U.S. peace deal

June 19, 2026

Hormuz reopens, but obstacles remain as oil markets seek path to normalcy

June 19, 2026

Woodside, Petrosen discuss Sangomar expansion offshore Senegal

June 19, 2026

Vår Energi sanctions 86-MMboe Balder development in North Sea

June 18, 2026

Middle East

Hormuz reopening gains momentum as tankers resume transit

June 18, 2026

DeepOcean wins bp subsea decommissioning contract at Foinaven field

June 18, 2026

TotalEnergies deploys 13,000 sensors to monitor methane emissions

June 18, 2026

Texas RRC expands DOGE task force to streamline oil and gas regulation

June 18, 2026

Autonomous offshore buoy completes 1,000 hours in North Sea pilot

June 18, 2026

Vantage shareholders approve merger with Eldorado Drilling

June 18, 2026

OPEC sees global oil demand rising to 124 MMbpd by 2050

June 18, 2026

IPAA and DEPA merging into “one voice” for U.S. independent producers

June 18, 2026

Transocean secures $185 million in offshore drilling contracts

June 17, 2026

Iraq readies tankers, export operations as Hormuz deal approaches

June 17, 2026

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