Rystad Warns 2.5MM Bpd of Saudi Oil is at Risk
Rystad Energy warned that 2.5 million barrels per day of Saudi oil is at risk as the Houthis 'threaten to enact [a] naval blockade'.
BP to Sell Austrian Stations to Volenergy
BP signed an agreement to divest its retail and electric vehicle charging businesses in Austria, including 250 branded retail sites, to Volenergy as part of its simplification drive.
OEUK Requests PM Visits North Sea Energy Operators
'Energy policy cannot be made in Westminster alone', OEUK said.
Hormuz Sees Another Ship Attack as Houthis Deepen Risks
Another tanker was attacked in the Strait of Hormuz as renewed hostilities empty the waterway, while a threat by Houthi rebels to blockade Saudi Arabia in the Red Sea heightened regional maritime risks.
Automotive Giants Test Repsol Renewable Gasoline
BMW and Toyota began a six-month pilot deployment of Repsol's Nexa 95 renewable gasoline to test the scalability of renewable fuel on existing vehicles.
Brent Nears $90 on Conflict Risks
Oil settled higher as escalating Middle East tensions fueled supply concerns despite diplomatic efforts.
Black Sea Oil Terminal Halted Again After Tanker Hit
A key Kazakh oil-export terminal on the Black Sea again halted loadings following a drone strike.
EIA Edges Up USA Consumption Forecasts
The U.S. Energy Information Administration edged up its U.S. total energy consumption projections for 2026 and 2027 in its latest short term energy outlook.
First Nations to Invest in LNG Canada
The Shell-led LNG Canada joint venture said it had signed an agreement allowing five First Nations neighboring the project in British Columbia to invest up to around $712 million in phase 2.
Saudi Led Coalition Vows to Protect Ships from Houthis
The Houthis, an Iran-backed Yemeni group, vowed to impose a maritime blockade on Saudi Arabia.
Houthis to Impose Maritime Blockade on Saudi Arabia
The Houthis, an Iran-backed Yemeni group, said they would impose a maritime blockade on Saudi Arabia.
USA LNG Growth Exceeding All Expectations, Yergin Says
The profound growth of U.S. LNG is exceeding all expectations, Daniel Yergin, Vice Chairman of S&P Global, said.
Aker BP Posts Record Cash Flow on Higher Oil Prices
The Norwegian producer registered its highest-ever cash flow from operations at $3.12 billion as oil and gas prices surged sequentially and year-on-year in the second quarter.
Oil Prices Reach Highest Levels in More Than a Month
'Continued attacks or tighter passage through the Strait of Hormuz could keep Brent supported above $90 and increase the risk of a move toward $100 per barrel', Naeem Aslam, CIO at Zaye Capital Markets, warned.
Petronas Bags New Contract to Supply LNG to Shizuoka Gas
Malaysia's national oil and gas company signed a new agreement to supply about 0.84 million metric tons of liquefied natural gas to Japanese utility Shizuoka Gas.
US Strikes after Troops Killed as Iran Quits Deal
The U.S. and Iran engaged in a quickening series of tit-for-tat attacks, with the American military conducting a wave of strikes on the Islamic Republic following the deaths of service personnel.
Amundi Says Oil, Gas Crucial to EU Clean Energy Transition
Amundi wants the EU to free asset managers to add oil and gas exposures to a new fund category intended to support the transition to a lower-carbon economy.
Forgotten Shale Gas Play Reemerges as Oil Hot Spot
Companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life into a long-dormant gas reservoir - except now they're drilling for oil.
Oil Jumps on Fears of Wider Iran War
Traders boosted bullish oil bets as geopolitical tensions increased risks to global energy and fuel markets.
Chevron, Cheniere Reps Join DOE SEAB Board
The U.S. Department of Energy announced newly appointed members of the Secretary of Energy Advisory Board.
