Oil prices climbed after the Trump administration scrapped a proposed Strait of Hormuz transit fee but intensified pressure on Iran by resuming its shipping blockade and launching new military strikes, keeping geopolitical risk firmly in focus for energy markets. SourceContinue Reading

Canada Ties New West Coast Pipeline to Oil Sands Expansion | 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 – Jul 14, 2026, 5:00 PM CDT Canada advances...Continue Reading

ExxonMobil is advancing a dual-track offshore strategy in Angola, combining redevelopment of mature fields with frontier exploration in the Benguela and Namibe basins as it works to support the country’s long-term production growth. SourceContinue Reading

ARC Resources shareholders have approved the company’s acquisition by Shell with more than 99% support, advancing the transaction toward an expected second-half 2026 closing as remaining regulatory approvals move forward. SourceContinue Reading

US Crude Oil, Gasoline Inventories Still Falling | 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 – Jul 14, 2026, 4:04 PM CDT The American Petroleum Institute (API)...Continue Reading

Could Geothermal Energy Rescue Germany’s Fading Coal Towns? | 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 – Jul 14, 2026, 4:00 PM CDT New exploratory drilling near...Continue Reading

Trump’s Hormuz Toll Could Upend Global Energy Trade | 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 14, 2026, 3:00 PM CDT A proposed 20% U.S....Continue Reading

Buccaneer Energy reported continued production growth at its Pine Mills field in East Texas, with output reaching approximately 135 bopd and a target of 250 bopd through waterflood development, enhanced oil recovery and recent acquisitions. SourceContinue Reading

Trump Scraps Hormuz Toll Plan as U.S.-Iran Conflict Deepens | 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 – Jul 14, 2026, 2:00 PM CDT Trump scrapped plans...Continue Reading

Azerbaijan is working hard this summer to build bridges across the Caspian Sea, announcing a variety of projects to expand Middle Corridor trade with Central Asian states. In late June, Azerbaijan and Turkmenistan signed a series of agreements to foster energy cooperation and open a regular flow of goods between the two states. Since the start of...Continue Reading