Industry News

Oil climbed for a fourth session as traders remained skeptical that a deal would quickly restore Hormuz flows.

A key oil supply valve from the Middle East that involves shuttle transits through the Strait of Hormuz is continuing to function.

North America dropped three rigs week on week, according to Baker Hughes' latest North America rotary rig count.

President Donald Trump has extended a waiver allowing foreign ships to transport oil and other commodities around the U.S. for 90 more days, albeit with new limits.

Santos loaded the first crude oil cargo from the Pikka development on Alaska's North Slope, headed to the West Coast for refining.

Brazos Midstream plans to build a cryogenic natural gas processing plant with a capacity of 300 million cubic feet a day in Glasscock County, Texas.

The National Oceanic and Atmospheric Administration has revealed its latest prediction for the Atlantic hurricane season.

ContourGlobal awarded CATL a contract to deliver storage systems for battery projects in Chile, Greece and the United Kingdom with a combined capacity of three gigawatt hours.

The German power and gas utility has identified over 10 of its electricity generation sites that have suitable infrastructure to support co-located data centers.

Several analysts take a look.

The Jazan oil complex is now tentatively expected to restart by August 30.

Crude climbed as limited Hormuz traffic and Middle East tensions continued to support prices.

Ukraine's military attacked the large Taneco oil refinery and the ZapSibNeftekhim petrochemical plant deep inside Russia on Monday.

The Houston-based owner of the Sabine Pass LNG project reported $1.16 billion in net profit for the second quarter, up 110 percent from the same three-month period last year.

'The peak occurred during a heat wave and could be surpassed again this summer', the EIA warned.

U.S. natural gas futures rose by the most in more than two months.

'The redomicile is expected to deliver several strategic and financial benefits, including better aligning AQN's corporate structure with its asset footprint, as over 80 percent of the company's operations are in the United States'.

Which U.S. oil major produced the most in the second quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips?

Results were 'driven by strong market share positions and continued strength in service intensity, resulting in an overall uptick in revenue despite operators demonstrating continued capital discipline in a higher energy price environment', CES said.

ADNOC said it continued to be 'significantly impacted' by attacks on its people and its assets.