OEUK Requests PM Visits North Sea Energy Operators
'Energy policy cannot be made in Westminster alone', OEUK said.
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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.
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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.
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Brent Nears $90 on Conflict Risks
Oil settled higher as escalating Middle East tensions fueled supply concerns despite diplomatic efforts.
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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.
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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.
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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.
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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.
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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.
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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.