Adam Humphreys
Founder and Editor, Oil Authority
Calgary, Alberta
Adam Humphreys is the founder and editor of Oil Authority. He brings hands-on oilfield experience — conventional drilling, top drive, coil tubing, directional drilling, pressure testing, and pipeline tie-ins worked across Southern Alberta and Saskatchewan, from Grande Prairie south to Val Marie — combined with more than fifteen years building digital platforms through Making 8 Inc, his Calgary-based digital transformation agency.
He covers oil and gas markets, drilling activity, mergers and acquisitions, pipeline and midstream, LNG, and energy policy. Editorial direction at Oil Authority emphasizes specific dollar figures and barrel counts over vague language, primary sources over rewrites, and respect for the people working in the industry.
Areas of Focus
Articles by Adam
Original reporting and analysis written or edited by Adam Humphreys.
ExxonMobil Proposes $80 Billion Kashagan West Venture With KazMunayGas Targeting 600,000 Bpd From Kazakhstan Caspian Reserves
ExxonMobil proposed an $80 billion Kashagan West venture with KazMunayGas targeting 600,000 bpd, pending resolution of Kazakhstan's $150 billion arbitration.
Exploration & ProductionAug 9, 2026Iran Rejects US Negotiations on Strait of Hormuz Shipping Corridor, Brent Closes at $83.55
Iran rejected US Hormuz talks on August 9, stalling a deal to restore commercial shipping. Brent settled Friday at $83.55, down more than 7% on the week.
Prices & MarketsAug 9, 2026Iran Reaches Hormuz Route Deal with Oman but Demands Vessel Fees and Bans US Ships, Leaving 20 Million bpd Blocked
Iran and Oman agreed on Hormuz shipping coordinates, but Iran's demands for US sanctions relief and military withdrawal keep 20 million bpd in limbo.
Prices & MarketsAug 9, 2026Houthi Drones Strike Saudi Aramco's Jazan Refinery for Second Time, Threatening August 15 Restart of 400,000-bpd Plant
Houthi drones struck Aramco's Jazan refinery Sunday for the second time in two weeks, clouding the plant's planned August 15 return to 400,000-bpd.
Prices & MarketsAug 9, 2026Libya NOC Targets 2 Million Bpd Output Record as ENI Mellitah Gas Resumes and Waha Concession Expands
Libya's NOC targets 2 million bpd by 2030, a production level never reached, as ENI's Mellitah gas complex resumes and Waha output holds at 1.4 million bpd.
Exploration & ProductionAug 8, 2026Devon Energy Q2 Adjusted EPS Tops Estimates at $1.57 as Coterra Merger Adds 750,000 Net Delaware Basin Acres to Portfolio
Devon Energy Q2 adjusted EPS came in at $1.57, beating estimates by 21 percent, in the first full quarter after the $58B Coterra merger closed on May 7.
Exploration & ProductionAug 8, 2026Chevron Q2 Earnings Hit $12.1 Billion as Hess Integration Delivers $1.5 Billion in Run-Rate Synergies, 50 Percent Above Target
Chevron Q2 net income reached $12.1B, highest in six years, as Hess synergies hit $1.5B and US output topped 2 million BOE per day for the first time.
Exploration & ProductionAug 8, 2026ADNOC Logistics and Services Buys 11 Crude and Gas Carriers for $1.3 Billion as Parent Documents 15 Vessel Attacks in Hormuz Zone
ADNOC Logistics paid $1.3 billion for 11 tankers as its parent ADNOC reported 15 vessel attacks since Hormuz disruptions began threatening UAE crude exports.
Mergers & AcquisitionsAug 8, 2026ExxonMobil Reports $14.7 Billion Adjusted Q2 Earnings as Pioneer Integration Drives Free Cash Flow to $17.2 Billion
ExxonMobil earned $14.7 billion adjusted in the second quarter on $17.2 billion free cash flow, with Pioneer integration reshaping its Permian Basin position.
Exploration & ProductionAug 8, 2026Brent at $83.55 and WTI at $78.18 After 7 Percent Weekly Drop as Iran-Oman Corridor Progress Deflates Hormuz Premium
Brent crude settled at $83.55 per barrel Friday, down 7 percent on the week as Iran-Oman corridor talks trimmed Hormuz risk premium; WTI ended at $78.18.
Prices & MarketsAug 8, 2026Hormuz LNG Disruption and European Storage Deficit Push TTF to €55.55 Per MWh, Opening $16 Per MMBtu Gap With Henry Hub
TTF settled at €55.55/MWh Friday while Henry Hub sits at $2.66, a $16/MMBtu gap as Hormuz LNG disruption strips Europe of Qatari spot cargoes.
LNG / Natural GasAug 8, 2026US Oil Rigs Rise to 454 as Henry Hub Prices Keep Gas Rigs at 124 in Baker Hughes August 7 Count
US oil rigs climbed to 454 while gas rigs fell 3 to 124 in Baker Hughes' August 7 count, as $77 WTI and $2.67 Henry Hub drive oil-gas drilling rotation.
Prices & MarketsAug 7, 2026UAE Quits OPEC May 1 After Five Decades, ADNOC's 4.8 Million bpd Capacity Strips Cartel of Third-Largest Producer
UAE walks out of OPEC May 1 after five decades. ADNOC's 4.8 million bpd capacity strips the cartel's third-largest producer as Hormuz crisis masks shock.
Regulations & PolicyApr 28, 2026Alberta Tables 120-Day Fast-Track Approvals as Ottawa-Edmonton Alliance Signals New Era for Canadian Energy Investment
Alberta's Bill 30 slashes project approvals to 120 days as Carney and Smith unite on a pipeline MOU that could double oil output by 2035.
Regulations & PolicyApr 16, 2026