Check out the latest oil industry related news

25-09-2026: From automation to autonomy: Building the next oil and gas operating model Oil and gas operators are moving beyond conventional automation toward systems that can interpret changing conditions and respond within defined operating limits. Advances in AI, predictive control, edge computing and robotics are enabling targeted autonomous applications that can improve production, asset reliability and safety while reducing manual intervention. 

25-09-2026: How the ExaCT system is redefining well intervention Well interventions have always carried an element of uncertainty, from depth correlation to placement accuracy. SLB's ExaCT™ electrical downhole CT control system aims to close that gap by extending electrical control and real-time measurement to downhole tools.  

25-09-2026: The missing measure of energy security For decades, energy policy has centered on what the world produces today. The harder, more useful question regards what the industry is prepared to produce tomorrow. The next crisis will turn on who can replace what is lost, and how quickly.  

25-09-2026: First Oil: ONS registers a strong performance, as offshore market thrives World Oil editor-in-chief Kurt Abraham reflects on a strong ONS 2026 as offshore activity continues to outperform, while examining warnings that the UK risks losing North Sea jobs and investment before new energy industries are ready to replace them.

25-09-2026: A volatile week for crude ends with lower prices Saudi Arabia reported that flows in their East-West pipeline have resumed. However, Houthi rebels continue their strikes against Saudi Arabia which now includes attacks near Riyadh.

18-09-2026: Oil prices slip on technicals and easing of supply Tanker tracker Kpler estimated that about 10 million b/d did make it through the strait this past week but that is still down from the 17-20 million b/d pre-war level.

18-09-2026: Editorial: Let’s make a deal A deal between the US and Venezuela involves a 100-year concession for developing Venezuelan oil fields, but questions about its legality, Venezuela's constitutional constraints, and political stability cast doubt on its long-term viability.

18-09-2026: Petrobras lets composite pipe contract for Brazilian post-salt cluster Petrobras has contracted Strohm BV and its subsidiary Strohm Brasil to supply thermoplastic composite pipes for offshore water injection and gas lift at depths up to 1,500 m.

17-09-2026: BKV completes Barnett shale asset acquisition The deal includes over 65,000 MMcfd equivalent production, about 1,000 gross operated wells, and an operated CCS project.

16-09-2026: EPA repeals power plant GHG rules, clearing path for new gas-fired generation The rollback of federal greenhouse-gas standards by the EPA is set to accelerate natural gas power plant development, driven by surging electricity consumption.

16-09-2026: EIA: US crude inventories down 600,000 bbl At 423.4 million bbl, US crude oil inventories are 1% above the 5-year average for this time of year, the EIA report indicated.

15-09-2026: US freezes Citgo board to protect pending $5.9-billion acquisition The US Treasury amended sanctions to prevent unauthorized changes at Citgo and its parent companies.