Georgia’s Kulevi Refinery Replaces Russian Crude With Kazakh, Libyan Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 03, 2026, 11:30 AM CDT Georgia’s only oil refinery has begun replacing Russian crude with supplies from Kazakhstan and Libya as owner Black Sea Petroleum races...Continue Reading

Why the U.S. Can’t Easily Exit the Iran Conflict | OilPrice.com Kurt Cobb Kurt Cobb is a freelance writer and communications consultant who writes frequently about energy and environment. His work has also appeared in The Christian Science… More Info Premium Content By Kurt Cobb – Aug 03, 2026, 11:00 AM CDT The Trump administration...Continue Reading

Trump’s Iran Reversal Sends European Gas Prices Tumbling | 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 – Aug 03, 2026, 10:30 AM CDT European natural gas prices...Continue Reading

Kosmos Energy reported a 12% increase in second-quarter production as Ghana’s Jubilee field and the Greater Tortue Ahmeyim LNG project drove growth. The company also generated strong free cash flow, reduced debt and advanced its U.S. Gulf portfolio. SourceContinue Reading

Tight global oil inventories and persistent geopolitical risks are expected to keep crude prices supported through August, according to PVM Oil Associates, despite OPEC+’s latest production increase. SourceContinue Reading

Emerson has expanded its DeltaV automation platform with a unified control system designed for AI-scale data centers, leveraging industrial automation technologies to improve reliability, project execution and operational performance. SourceContinue Reading

Venezuela’s long-awaited oil revival has been slower than many in Washington anticipated, according to the Wall Street Journal. Seven months after Nicolás Maduro’s removal, negotiations between the interim government and major U.S. energy companies remain bogged down, with no landmark investment deals despite the country’s vast crude reserves. Rather than rushing back into the country,...Continue Reading

Petrobras has confirmed a new offshore gas discovery at the Sandia-1 exploratory well in Colombia’s GUA-OFF-0 Block, reinforcing the region’s growing deepwater gas potential alongside the Sirius and Copoazu discoveries. SourceContinue Reading

Dark Tanker Transits Surge at Bab el-Mandeb as Houthi Threat Persists | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 03, 2026, 9:30 AM CDT The Houthi threat to shipments of Saudi crude oil from the Red Sea hasn’t abated and more tankers laden with...Continue Reading

The Iran war could “halt growth” in the UK economy as the success of Andy Burnham and John Healey’s economic management largely hinges on President Trump’s decision-making, a City firm has warned.  Big Four consultancy EY has said that the UK economy could perform better than first expected this year as its growth forecast was...Continue Reading