Murphy Oil has announced an oil discovery at the Bubale-1X exploration well in Block CI-709 offshore Côte d’Ivoire, encountering 100 ft of net oil pay across two reservoirs. The company plans additional evaluation drilling in the second half of 2026. SourceContinue Reading
TechnipFMC has been awarded a significant contract by Azule Energy to supply flexible flowlines and risers for the Greater PAJ development offshore Angola. The project will connect deepwater wells in nearly 2,000 m of water to a new floating production unit. SourceContinue Reading
The U.S. Treasury has issued a 60-day waiver allowing Iran to sell crude oil and petroleum products through Aug. 21, marking a major shift in sanctions policy and potentially increasing Iranian oil supplies in global markets. SourceContinue Reading
Denmark and Germany Launch Europe’s First Hydrogen Superhighway | OilPrice.com Leon Stille Leon Stille has a background in energy sciences (MSc and BSc) and is pursuing a PhD in energy policy. He currently runs his own company,… More Info Premium Content By Leon Stille – Jun 22, 2026, 3:00 PM CDT Denmark and Germany have...Continue Reading
The U.S. Department of the Interior has proposed revisions to federal oil and gas leasing and waste prevention regulations, including lowering bonding requirements and reducing compliance obligations related to venting, flaring and permitting on federal lands. SourceContinue Reading
Seneca Resources has signed a three-year agreement with Evolution Well Services to deploy electric fracturing technology across its Appalachian operations, highlighting the growing use of field gas-powered e-frac fleets to improve efficiency, lower costs and reduce emissions. SourceContinue Reading
London Mayor: UK Tops Green Finance Rankings for Eighth Straight Year | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jun 22, 2026, 2:00 PM CDT London...Continue Reading
Greek Energy Pulls In $26B As Europe Scrambles To Replace Russian Gas | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Jun 22, 2026, 1:30 PM CDT Billions of dollars in investments are flowing into Greece’s energy sector as...Continue Reading
The Oil Crisis Is Far From Over | 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 22, 2026, 1:00 PM CDT Global oil and fuel inventories...Continue Reading
Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 22, 2026, 12:30 PM CDT Saudi Arabia continues to snap up high volumes of Russia’s fuel oil as the Hormuz crisis has forced...Continue Reading