Canadian Prime Minister Mark Carney said Canada will not restrict oil exports or use energy supplies as leverage in its trade dispute with the United States, reaffirming the country’s commitment to remaining a reliable energy supplier despite escalating tariff tensions. SourceContinue Reading
Saipem has secured a US$930 million contract from Eni to support Phase 3 development of the Baleine field offshore Ivory Coast, reinforcing continued investment in one of West Africa’s fastest-growing deepwater projects. SourceContinue Reading
Ukraine’s Attack on Iranian Cargo Ship Links Two Wars | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Jul 29, 2026, 1:00 PM CDT Ukraine struck an...Continue Reading
Guyana’s Oil Boom Matters More Than Ever | OilPrice.com Matthew Smith As Oilprice’s South America correspondent, I cover Colombia (where I currently live), Venezuela, Ecuador, Peru, Brazil, Argentina, Chile, Bolivia, Paraguay, Guyana, Suriname and Uruguay. I… More Info Premium Content By Matthew Smith – Jul 29, 2026, 12:00 PM CDT Guyana is on track to...Continue Reading
Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Jul 29, 2026, 11:30 AM CDT...Continue Reading
Rio Tinto and Glencore have posted near-record updates thanks to this year’s sky-high commodity prices and the uncertainty wrought by the Middle East conflict. Mining juggernaut Rio Tinto notched a 43 per cent jump in profit over the first six months of the year, pointing to persistently elevated metals prices and the ambitious efficiency programme...Continue Reading
Indian Oil Eyes Stakes In Gas Carriers To Cut U.S. LPG Freight Costs | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 29, 2026, 10:30 AM CDT Indian Oil Corp. is seeking 50% ownership stakes in very large gas carriers, a first for an Indian...Continue Reading
Crude oil inventories in the United States saw a decrease of 7.2 million barrels during the week ending July 24, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 404.5 million barrels, according to government data, which are now 7% below the five-year average...Continue Reading
Taiwan Halts $800 Million in Spot LNG Buys From Papua New Guinea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 29, 2026, 9:30 AM CDT Taiwan has suspended approximately 500,000 metric tons of liquefied natural gas purchases from Papua New Guinea every six months,...Continue Reading
Woodside reported an 18% decline in second-quarter production after Cyclone Sean and planned maintenance at its Pluto LNG facility, while reaffirming that the Scarborough LNG project remains on track for first production in the fourth quarter. SourceContinue Reading
