MOL Group has agreed to acquire Shell’s 35% interest in the Aphrodite gas field offshore Cyprus for up to $720 million, joining Chevron and NewMed in one of the Eastern Mediterranean’s largest deepwater gas developments. SourceContinue Reading

ADNOC Makes One of the Biggest Changes to Middle East Crude Pricing in Years | 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 – Jul 31, 2026, 9:52...Continue Reading

ADNOC Unveils New Crude Pricing Mechanism | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 31, 2026, 9:30 AM CDT ADNOC is changing the pricing formula used for its flagship crude grades. The oil giant said Friday it will move away from its ICE Futures...Continue Reading

bp has launched a process to market its UK North Sea upstream business for a potential sale as part of its ongoing portfolio review, including interests in five production hubs spanning the central North Sea and west of Shetland. SourceContinue Reading

Global Coal Consumption Hits Record Even as Coal Power Declines | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Jul 31, 2026, 9:00 AM CDT Global coal...Continue Reading

ADNOC Unveils New Crude Pricing Mechanism | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 31, 2026, 8:45 AM CDT ADNOC is changing the pricing formula used for its flagship crude grades. The oil giant said Friday it will move away from its ICE Futures...Continue Reading

Shell Sells Cyprus Gas Stake to MOL for $720 Million | 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 31, 2026, 8:30 AM CDT Shell has...Continue Reading

Oil Prices Inch Higher as Iran Strikes U.S. Bases in Kuwait and Bahrain | 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 Related News By Tsvetana Paraskova – Jul 31, 2026, 7:30 AM...Continue Reading

By Editorial Dept – Jul 31, 2026, 7:00 AM CDT The mutually beneficial corruption arrangement between the rival Haftar and Dbeibah camps that has kept Libya from returning to civil war could be undone by a third force usually left out of political calculations: the citizens of Libya. For nearly six years, Libya’s eastern and...Continue Reading

The Drone Attack That Exposed Egypt’s Energy Defenses | OilPrice.com Premium Content By Editorial Dept – Jul 31, 2026, 7:00 AM CDT Politics, Geopolitics & Conflict A drone attack reached Egypt’s Mediterranean gas infrastructure for the first time in the war. At least two drones struck the US-owned Energos Winter floating storage and regasification unit...Continue Reading