Sable Offshore launched a $400 million equity and convertible debt offering as it works to refinance a loan owed to Exxon Mobil, sending shares sharply lower. The financing comes as the company continues efforts to restart offshore oil production off California’s coast. SourceContinue Reading

LGX Energy is expanding development in the Illinois Basin using proprietary 3D seismic technology to identify overlooked conventional oil targets in southwestern Indiana while advancing its long-term growth strategy. SourceContinue Reading

bp Deputy CEO Carol Howle will retire later this year after a 26-year career with the company. CEO Meg O’Neill said bp will eliminate the Deputy CEO position as part of its broader effort to simplify the organization’s leadership structure. SourceContinue Reading

The Oil Benchmark Named Brent Is Losing Its Brent | 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 30, 2026, 1:30 PM CDT The world’s most...Continue Reading

Russian Refinery Disruptions Ripple Across Central Asian Fuel Markets | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jun 30, 2026, 1:00 PM CDT Fuel prices are...Continue Reading

US Crude Output Sets New Monthly Production Record | 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 30, 2026, 12:30 PM CDT According to monthly data...Continue Reading

Beaver Island Becomes Test Site for Freshwater Wave Energy | 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 30, 2026, 12:00 PM CDT University of Michigan...Continue Reading

Siemens and IFS have formed a strategic partnership to integrate Industrial AI, digital twin technology and asset lifecycle management, helping manufacturers and energy companies connect engineering, production and field operations to improve asset performance and operational efficiency. SourceContinue Reading

Oil Markets Brace for a Summer of Hormuz Volatility | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Jun 30, 2026, 11:01 AM CDT Brent tops $73...Continue Reading

British ESG Platform Put Up for Sale as Sustainability Spending Slows | 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 30, 2026, 11:00 AM CDT World...Continue Reading