U.S. energy services employment increased by 3,619 jobs in May, marking the third consecutive month of workforce growth as companies respond to improving activity levels while maintaining disciplined hiring strategies, according to Energy Workforce & Technology Council data. SourceContinue Reading

Iranian Official Says Hormuz to Reopen with New Toll Regime | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 08, 2026, 12:30 PM CDT The Strait of Hormuz will ultimately reopen but Iran and Oman will set new conditions for passage, including transit fees, Kazem...Continue Reading

Aker BP will receive an additional 2.2 million barrels of oil equivalent after the partners in the Johan Sverdrup field completed a redetermination process that slightly increased the company’s ownership stake. The adjustment raises Aker BP’s interest in Johan Sverdrup to 31.7163% from 31.5733%, a change of just 0.143 percentage points. The numbers may appear...Continue Reading

Weak Chinese Demand Forces Cuts to Iranian Crude Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 08, 2026, 11:30 AM CDT Chinese buyers are being offered Iranian crude at discounts to Brent, compared to a premium in May, as demand from China’s independent...Continue Reading

The Countdown to a Major Oil Price Surge Has Begun | OilPrice.com Kurt Cobb Kurt Cobb is a freelance writer and communications consultant who writes frequently about energy and environment. His work has also appeared in The Christian Science… More Info Premium Content By Kurt Cobb – Jun 08, 2026, 11:00 AM CDT Commercial oil...Continue Reading

China’s LNG Imports Hit Highest Point Since Iran War Began | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Jun 08, 2026, 10:30 AM CDT China’s state-controlled...Continue Reading

Sercel has completed the first commercial sale of its Accel land nodal seismic acquisition system, with 18,000 drop nodes deployed by Explor on a large-scale seismic survey in the United States, marking the technology’s first field deployment at scale. SourceContinue Reading

The Iran Stalemate Could Be the Next Oil Supercycle Trigger | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Jun 08, 2026, 10:00 AM CDT U.S.-Iran peace...Continue Reading

Escalating Strike Action at Australian LNG Sites Could Hit Supply | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 08, 2026, 9:30 AM CDT Workers at...Continue Reading

TMC Compressors will supply marine compressed air systems for two new Van Oord subsea rock installation vessels, supporting offshore infrastructure projects with advanced DP-2 capabilities, multi-fuel engines and reduced-emissions designs. SourceContinue Reading