bp reported stronger second-quarter earnings as higher commodity prices boosted cash flow, while CEO Meg O’Neill accelerated the company’s portfolio reset with North Sea, refining and biogas divestments alongside a renewed focus on upstream performance. SourceContinue Reading

bp’s decision to market its UK North Sea business is fueling renewed calls for fiscal reform, with INEOS Energy Chairman Brian Gilvary warning that policy uncertainty is driving investment, jobs and production away from the basin. SourceContinue Reading

Oil Markets Price In an Iran Deal That Does Not Exist Yet | OilPrice.com Julianne Geiger Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… More Info Related News By Julianne Geiger – Aug 04, 2026, 1:19 PM CDT...Continue Reading

The leaders of the five Central Asian states and Azerbaijan, meeting on the shores of Lake Issyk Kul in Kyrgyzstan on July 31, signaled an intent to deepen trans-Caspian connections. The meeting’s final document, known as the Cholpon-Ata Declaration, was perhaps more symbolic than substantive, reaffirming participants’ desire to expand trade and maintain regional security. The document “reflects the...Continue Reading

Odfjell Drilling has returned the Deepsea Atlantic rig to operations after a 106-day off-hire period following an equipment handling incident that resulted in a dropped blowout preventer earlier this year. SourceContinue Reading

The Cold War Roots of Colombia’s Paramilitary Death Squads | 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 – Aug 04, 2026, 12:00 PM CDT Colombia’s paramilitary tradition...Continue Reading

ONGC Profit More Than Doubles as Oil Prices Surge | OilPrice.com Julianne Geiger Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… More Info Related News By Julianne Geiger – Aug 04, 2026, 11:30 AM CDT India’s Oil and...Continue Reading

Iron Ore Prices Hit One-Year Low as China Demand Slump Deepens | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 04, 2026, 11:00 AM CDT Singapore iron ore futures fell as much as 2.3% to $93.65 a ton, the lowest intraday level...Continue Reading

bp’s decision to market its UK North Sea business is fueling renewed calls for fiscal reform, with INEOS Energy Chairman Brian Gilvary warning that policy uncertainty is driving investment, jobs and production away from the basin. SourceContinue Reading

ExxonMobil Global Projects has selected Sercel’s SIMOPS platform to support pipelay and mooring installation campaigns on the Whiptail development in Guyana’s Stabroek Block, enhancing coordination of offshore operations. SourceContinue Reading