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World Oil magazine publishes in-depth features and articles on drilling, production and exploration, as well as economics, management issues and statistical analysis.

An   linked to previous Iranian crude shipments reported a fire while transiting the Gulf of  , prompting responses from...
06/10/2026

An linked to previous Iranian crude shipments reported a fire while transiting the Gulf of , prompting responses from maritime security agencies and raising fresh concerns about shipping security near the Strait of .

An oil tanker linked to previous Iranian crude shipments reported a fire while transiting the Gulf of Oman, prompting responses from maritime security agencies and raising fresh concerns about shipping security near the Strait of Hormuz.

Apache Corporation has agreed to acquire Savant Alaska for approx. $70 million, securing strategic   infrastructure, inc...
06/10/2026

Apache Corporation has agreed to acquire Savant Alaska for approx. $70 million, securing strategic infrastructure, including the Badami production facility and Nutaaq Pipeline, as it advances exploration and appraisal activities in .

APA Corporation has agreed to acquire Savant Alaska for approximately $70 million, securing strategic North Slope infrastructure, including the Badami production facility and Nutaaq Pipeline, as it advances exploration and appraisal activities in Alaska.

Surface-based pressure signal analysis provides real-time insights during  , enabling operators to optimize treatment ou...
06/10/2026

Surface-based pressure signal analysis provides real-time insights during , enabling operators to optimize treatment outcomes, reduce operational risks and strategically lower capex.

Zephyr Energy has completed a key   integrity milestone at its   project in Utah, allowing the company to begin the   ap...
06/10/2026

Zephyr Energy has completed a key integrity milestone at its project in Utah, allowing the company to begin the approval process required for and moving the development closer to first production.

Zephyr Energy has completed a key pipeline integrity milestone at its Paradox Basin project in Utah, allowing the company to begin the regulatory approval process required for gas exports and moving the development closer to first production.

Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil's Campos basin f...
06/10/2026

Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil's Campos basin from Equinor

Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil's Campos basin, expanding its partnership with Equinor and strengthening its exploration portfolio in one of the country's key offshore regions.

SLB and Qualcomm Technologies have signed a collaboration agreement to develop edge AI solutions for energy operations.
06/10/2026

SLB and Qualcomm Technologies have signed a collaboration agreement to develop edge AI solutions for energy operations.

SLB and Qualcomm Technologies have signed a collaboration agreement to develop edge AI solutions for energy operations, combining low-power edge computing with oilfield workflows to support real-time decision-making across wells, facilities and production systems.

Greenland Energy has signed a services agreement with Halliburton  and continues preparations for its 2026   campaign in...
06/10/2026

Greenland Energy has signed a services agreement with Halliburton and continues preparations for its 2026 campaign in the basin, targeting the first modern onshore exploration wells in East later this year.

Greenland Energy has signed a services agreement with Halliburton and continues preparations for its 2026 drilling campaign in the Jameson Land basin, targeting the first modern onshore exploration wells in East Greenland later this year.

TMC Compressors will supply marine compressed air systems for two new Van Oord   rock installation vessels, supporting o...
06/10/2026

TMC Compressors will supply marine compressed air systems for two new Van Oord rock installation vessels, supporting offshore infrastructure projects.

TMC Compressors will supply marine compressed air systems for two new Van Oord subsea rock installation vessels, supporting offshore infrastructure projects with advanced DP-2 capabilities, multi-fuel engines and reduced-emissions designs.

A new report from the Permian Strategic Partnership highlights the  's growing economic influence, supporting more than ...
06/09/2026

A new report from the Permian Strategic Partnership highlights the 's growing economic influence, supporting more than 940,000 U.S. jobs, contributing billions in economic activity and accounting for nearly half of projected U.S. by 2027.

A new report from the Permian Strategic Partnership highlights the Permian basin's growing economic influence, supporting more than 940,000 U.S. jobs, contributing billions in economic activity and accounting for nearly half of projected U.S. oil production by 2027.

bp will reorganize its business into two core segments—upstream and downstream—beginning July 1, simplifying its corpora...
06/09/2026

bp will reorganize its business into two core segments—upstream and downstream—beginning July 1, simplifying its corporate structure as the company seeks to improve ex*****on, reduce complexity and strengthen shareholder returns.

bp will reorganize its business into two core segments—upstream and downstream—beginning July 1, simplifying its corporate structure as the company seeks to improve ex*****on, reduce complexity and strengthen shareholder returns.

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