OPEC+ Plans Another Output Hike. The Market Barely Notices. | 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 – Jul 02, 2026, 12:30 PM CDT OPEC+ is expected...Continue Reading

Europe Isn’t Anti-Air Conditioning. It’s Just Calling It Heat Pumps | 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 – Jul 02, 2026, 12:00 PM CDT Europe isn’t...Continue Reading

India plans to expand its strategic oil reserves and storage capacity following recent volatility during the Iran conflict, while increasing refining capacity as it strengthens energy security and positions itself as a global refining hub. SourceContinue Reading

Oil Glut Calls May Be Getting Ahead of Reality | 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 – Jul 02, 2026, 11:00 AM CDT Oil prices have...Continue Reading

Kuwait Wants Consortiums to Bid for $7 Billion Oil Pipeline Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 02, 2026, 10:30 AM CDT Kuwait’s state oil firm, Kuwait Petroleum Corporation (KPC), has asked some of the asset management funds bidding for a stake...Continue Reading

Sunda Energy expects to complete its acquisition of producing assets in New Zealand’s Taranaki basin in September while continuing to evaluate development plans for the Chuditch gas project in Timor-Leste following recent regulatory discussions. SourceContinue Reading

Russia’s Fuel Crisis Spreads to Central Asia as Drone Strikes Escalate | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jul 02, 2026, 10:00 AM CDT Kyrgyzstan and Tajikistan,...Continue Reading

Kyrgyzstan Scrambles for Backup Fuel Supplies as Russian Shortage Bites | OilPrice.com Matt Smith Taking a voyage across the world of energy with ClipperData’s Director of Commodity Research. Follow on Twitter @ClipperData, @mattvsmith01 More Info Related News By Matt Smith – Jul 02, 2026, 9:30 AM CDT Kyrgyzstan, which imports more than 90% of its...Continue Reading

Russia pummeled the Ukrainian capital in one of its largest drone-and-missile assaults this year, killing at least 17 people, highlighting Moscow’s stubborn efforts to pound Kyiv into submission. The July 2 attack came amid weeks of Ukrainian drone strikes that have targeted Russian oil refineries, a campaign that caused fuel shortages nationwide and stoked discontent...Continue Reading

NG Energy has spudded the second well in its six-well Sinú-9 drilling campaign as pipeline upgrades move closer to boosting gas takeaway capacity in Colombia. Development also continues at the company’s Maria Conchita block. SourceContinue Reading