OPEC’s World Oil Outlook 2026 projects global oil demand will increase to 124 MMbpd by 2050, while global energy demand rises 23%, underscoring the need for $17.7 trillion in oil sector investment. SourceContinue Reading

First Oil Sands Project in 10 Years Starts Production | OilPrice.com Irina Slav What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… More Info Premium Content By Irina Slav – Jun 18, 2026, 5:00 PM CDT International Petroleum Corp.’s...Continue Reading

Vantage Drilling shareholders have approved the company’s proposed merger with Eldorado Drilling, marking a key milestone as the offshore drilling transaction moves closer to completion. SourceContinue Reading

Court Ruling Deals Major Blow to Trump’s War on Wind Power | OilPrice.com Haley Zaremba Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… More Info Premium Content By Haley Zaremba – Jun 18, 2026, 4:00 PM CDT A...Continue Reading

Bilfinger and Schneider Electric have successfully deployed an autonomous offshore buoy in the North Sea, completing 1,000 hours of unmanned operation while providing renewable-powered control for subsea tieback systems. SourceContinue Reading

The Railroad Commission of Texas is expanding its DOGE Task Force initiative, targeting regulatory efficiency improvements through digital modernization, permitting transparency, inspection consistency and enhanced stakeholder engagement. SourceContinue Reading

Germany Considers Extending Oil Reserve Relief Despite Falling Prices | OilPrice.com Julianne Geiger What I Cover Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and… More Info Related News By Julianne Geiger – Jun 18, 2026, 3:30 PM CDT Germany may be...Continue Reading

TotalEnergies has launched MethaneLive, a global methane monitoring center that uses real-time data, AI and 13,000 sensors deployed across operated upstream assets to detect and reduce fugitive methane emissions. SourceContinue Reading

How the U.S.-Iran Deal Put A Higher Floor Under Oil Prices | 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 Premium Content By Tsvetana Paraskova – Jun 18, 2026, 3:00 PM CDT The...Continue Reading

Shipping Costs Soar as Hormuz Crisis Reshapes Global Trade | 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 Premium Content By Tsvetana Paraskova – Jun 18, 2026, 2:00 PM CDT The Middle East...Continue Reading