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IEA Says UAE Oil Output Surged to Record High in June Share your comments
The country pumped 4.1 million barrels a day on average in June, the International Energy Agency said in its monthly report.
4:00 PM EST | July 10, 2026
BOEM Explores Potential for OCS Space Launch and Recovery Share your comments
'The Outer Continental Shelf presents a significant opportunity to support the future of America's space economy', Acting BOEM Director Matt Giacona said.
10:55 AM EST | July 10, 2026
Venezuela Breaks Up Oil Monopoly Under New Rules Share your comments
Venezuela's interim government published long-awaited oil regulations on Thursday.
10:26 AM EST | July 10, 2026
Chevron to Continue Supplying Gas to Australian Utility Alinta Share your comments
Chevron signed a new agreement to supply 46 petajoules of Western Australian natural gas to Alinta over five years.
8:03 AM EST | July 10, 2026
EIA Cuts 2026, 2027 USA Gasoline Price Projection Share your comments
The EIA lowered its U.S. regular gasoline price projection for both 2026 and 2027 in its latest short term energy outlook.
7:19 AM EST | July 10, 2026
Strategists Expect USA-Iran Tension to be Short Lived Share your comments
Macquarie strategists said they expect the renewed tension in the Middle East between the U.S. and Iran to be 'relatively short-lived'.
6:05 AM EST | July 10, 2026
ADNOC, Mitsui Ink Broad Energy Partnership Share your comments
ADNOC and Mitsui will explore collaboration in 'crude oil market development and long-term supply, LNG sales and optimization, sulfur procurement and logistics, and shipping solutions for LNG, ammonia, sulfur and other commodities', ADNOC said.
5:05 AM EST | July 10, 2026
New Pipeline Paves Way for Increased Israeli Gas Exports to Egypt Share your comments
State-owned Israel Natural Gas Lines completed a project to expand the pipeline system that delivers Israeli natural gas to Egypt.
4:14 AM EST | July 10, 2026
India to Expand Crude Reserves Share your comments
The board of the country's largest oil-and-gas producer gave the green light to add 1.75 million tons of capacity in Mangalore, Karnataka, to national crude reserves.
3:00 AM EST | July 10, 2026
Crypto Startup Trying to Put a Barrel of Oil on Blockchain Share your comments
A small crypto startup is trying to persuade the industry to experiment with a different kind of frontier: putting a barrel of oil on a blockchain.
4:00 PM EST | July 09, 2026
Crude Slides on Easing Tensions
Oil prices fell as traders bet the US-Iran conflict would remain limited.
3:48 PM EST | July 09, 2026
Hormuz Ship Insurance Demand Drops Share your comments
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen.
11:08 AM EST | July 09, 2026
USA EIA Reveals Latest Oil Price Forecast Share your comments
The U.S. Energy Information Administration revealed its latest oil price forecast for 2026 and 2027 in its July short term energy outlook.
10:35 AM EST | July 09, 2026
AEP Texas Secures $3.26B DOE Loan Share your comments
The new loan is on top of a $1.6-billion loan guarantee that AEP earlier secured from the Trump administration's Energy Dominance Financing Program.
9:00 AM EST | July 09, 2026
USA Crude Oil Stocks Rise Week on Week Share your comments
Crude oil stocks, not including the SPR, stood at 411.4 million barrels on July 3, the EIA's latest weekly petroleum status report showed.
7:23 AM EST | July 09, 2026
Hormuz Tanker Traffic Stops Share your comments
Jorge Leon, Head of Geopolitical Analysis at Rystad, noted that tanker traffic through the Strait of Hormuz had 'essentially stopped'.
6:07 AM EST | July 09, 2026
US Strikes Iran for 2nd Straight Day Share your comments
U.S. Central Command said its forces completed another round of strikes 'to further degrade' Tehran's ability to attack commercial shipping in the Strait of Hormuz.
2:47 AM EST | July 09, 2026
TotalEnergies Ships First LNG Cargo from Mexican Pacific Coast to Asia Share your comments
'TotalEnergies will be the sole offtaker of LNG during the ramp-up phase'.
2:47 AM EST | July 09, 2026
ADNOC Scores 15-Year Deal to Supply 1 MMtpa of LNG to INPEX Share your comments
Nearly 23 percent of Ruwais LNG's 9.6 MMtpa capacity has been offtaken by Japanese customers, ADNOC said.
2:30 AM EST | July 09, 2026
INPEX Starts Appraisal Drilling for Japan CCS Project Share your comments
Metropolitan CCS, a joint venture of INPEX and Kanto Natural Gas Development, began drilling an appraisal well for a carbon capture and storage project planned to serve industrial emitters in the Greater Tokyo Area.
2:30 AM EST | July 09, 2026
Oil Surges on Renewed Iran Strikes
Oil prices surged to two-week highs after renewed U.S. strikes on Iran and threats to disrupt shipping through the Strait of Hormuz.
4:00 PM EST | July 08, 2026
Qatar Role as USA-Iran Mediator Jeopardized Share your comments
The targeting of a Qatari tanker near the Strait of Hormuz has imperiled the Gulf state's role as one of the primary mediators.
4:00 PM EST | July 08, 2026
Which Country Would Win the Energy World Cup? Share your comments
How would the World Cup's remaining countries get on if they were only judged on their energy supply figures?
11:03 AM EST | July 08, 2026
4 US Advanced Nuclear Reactors Successfully Demonstrated, DOE Says Share your comments
The Energy Department said its Reactor Pilot Program has exceeded Trump's goal to have at least three advanced nuclear reactor designs achieve 'criticality' by the U.S.' July 4 anniversary.
10:54 AM EST | July 08, 2026
Sempra LNG Plant on Mexico's West Coast Exports 1st Shipment Share your comments
Sempra Infrastructure's liquefied natural gas project on Mexico's west coast exported its first shipment, according to ship-tracking data compiled by Bloomberg.
10:27 AM EST | July 08, 2026
LNG Japan Bags Its First Contract to Supply Gas in Australia Share your comments
LNG Japan signed an agreement to supply over 30 petajoules of natural gas to power utility Alinta Energy through its 10 percent stake in the Scarborough field offshore Western Australia.
10:21 AM EST | July 08, 2026
Decade of Cheap Henry Hub Gas Coming to End, WoodMac Warns Share your comments
'The conditions that kept Henry Hub between $2 to $4 per MMBtu for the best part of a decade are no longer all operating at full force', said Kristy Kramer, Head of LNG Strategy and Market Development at Wood Mackenzie.
7:48 AM EST | July 08, 2026
Oil Rockets Higher as Trump Declares Iran Ceasefire Over Share your comments
'To me, I think it's over', Trump said during a press meeting in Ankara.
6:21 AM EST | July 08, 2026
Eni Starts Building Italian Battery Hub, Agrees Chilean Lithium Investment Share your comments
Eni broke ground for a project to produce lithium-iron-phosphate batteries at the Brindisi industrial site in Italy, as well as announced an agreement to acquire a stake in a Chilean lithium project.
5:10 AM EST | July 08, 2026
Equinor Awards Contracts for Norway Tiebacks Share your comments
Equinor and its partners signed contracts worth around $613 million for four tieback projects in different stages of development offshore Norway.
4:05 AM EST | July 08, 2026
US Cancels Oil Waiver and Strikes Iran Anew Share your comments
The U.S. carried out a new round of strikes in Iran targeting more than 80 sites and revoked a waiver allowing new sales of its oil, further imperiling a peace agreement after a series of attacks on ships in the Strait of Hormuz.
2:59 AM EST | July 08, 2026
Fed President Stays Optimistic as Energy Prices Fall Share your comments
Federal Reserve Bank of New York President John Williams said he expects falling energy prices to drive a drop in overall inflation over the next few months.
5:00 PM EST | July 07, 2026
Oil Jumps on Hormuz Shipping Attacks
The US revoked a waiver allowing Iranian oil sales following shipping attacks that threatened the fragile ceasefire with Iran.
4:35 PM EST | July 07, 2026
BP Exits Bay du Nord Project offshore Canada Share your comments
'The transaction is consistent with BP's continued focus on portfolio simplification and disciplined capital allocation'.
11:11 AM EST | July 07, 2026
North America Finally Snaps Rig Count Addition Streak Share your comments
North America's rig count stayed flat week on week, according to Baker Hughes' latest North America rotary rig count.
10:26 AM EST | July 07, 2026
Shell Expects Gas Trading Results to Exceed Q1 Share your comments
Shell expects trading results for its Integrated Gas segment to be 'significantly higher' for the second quarter compared to the prior three-month period.
10:15 AM EST | July 07, 2026
German Stockpiling Agency Says It's Refilling Strategic Reserve Share your comments
Germany's oil stockpiling agency EBV is looking to refill strategic reserves of diesel.
10:12 AM EST | July 07, 2026
LNG Made Up 45 Percent of EU Gas Imports in 2025 Share your comments
LNG's share of annual European Union gas imports increased by nine percentage points to about 4.63 trillion cubic feet, 'deepening the structural shift in the EU's gas supply mix', the European Commission said.
8:01 AM EST | July 07, 2026
Oil Market is Attempting a System Reboot Share your comments
J.P. Morgan analysts, including J.P. Morgan's Head of Global Commodities Strategy, Natasha Kaneva, said the oil market is 'attempting a system reboot'.
7:06 AM EST | July 07, 2026
Bangchak Completes Acquisition of Chevron Hong Kong Share your comments
The Thai group said it had completed the purchase of Chevron's fueling business in Hong Kong, though acquired stations continue to offer the Caltex brand for two years.
6:06 AM EST | July 07, 2026
Gasoline Sees 3rd Most Expensive Independence Day Ever Share your comments
'Average gasoline prices fell in nearly every state over the last week...pushing the national average to approximately $3.74 per gallon this July 4', Patrick De Haan, Head of Petroleum Analysis at GasBuddy, said.
5:01 AM EST | July 07, 2026
Qatari LNG Carrier Struck in Hormuz Share your comments
A Qatari liquefied natural gas carrier was hit and a laden Saudi oil tanker suffered damage as they exited the Strait of Hormuz, heightening unease among shipowners and testing a U.S.-Iran agreement to halt attacks.
2:43 AM EST | July 07, 2026
Saudi Price Cut Sends Oil Lower
Oil fell to five-month lows after Saudi Arabia sharply cut its flagship crude prices.
4:12 PM EST | July 06, 2026
Russia Oil Price Falls to Pre-Iran War Level Share your comments
Russia's flagship crude price has slid to levels seen before the conflict in the Middle East.
4:00 PM EST | July 06, 2026
Uniper Secures Customer for Polish Solar Portfolio Share your comments
Respect Energy signed a six-year agreement to buy 100 percent of the power generated, as well as guarantees of origin, from four Uniper photovoltaic projects with a combined capacity of 219 megawatts peak in Poland.
11:13 AM EST | July 06, 2026
Ukraine Hits Russia's Biggest Refinery Share your comments
Ukraine struck three Russian refineries, including the country's biggest.
10:48 AM EST | July 06, 2026
BP, JERA Raise Stake in 2 Belgian Offshore Wind Farms Share your comments
JERA Nex bp, the 50:50 offshore wind joint venture of Japan's JERA and Britain's BP, completed the purchase of Sumitomo's stakes in two Belgian offshore wind facilities with a combined capacity of 384 megawatts.
10:26 AM EST | July 06, 2026
Which Country is the World's Biggest Energy Supplier? Share your comments
Rigzone examines the Energy Institute's latest statistical review of world energy report, which was released recently.
10:19 AM EST | July 06, 2026
Who Are the Most Prolific Private Oil, Gas Producers in USA? Share your comments
Enverus announced that it has published its annual list of 'the 100 most prolific private oil and gas producers in the United States'.
7:21 AM EST | July 06, 2026
OPEC+ Decides to Boost Production Further in August Share your comments
'Seven OPEC+ countries ... met virtually on 5 July 2026, to review global market conditions and outlook,” a statement posted on OPEC's site highlighted.
6:21 AM EST | July 06, 2026
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