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August 4, 2026
After announcing plans to exit the UK North Sea and other non-core assets, bp CEO Meg O’Neill is laying out a strategy centered on higher-value upstream investments, operational excellence and financial discipline. Source
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China’s EV Boom Is Quietly Undermining Oil’s Biggest Chokepoint | 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 – Aug 04, 2026, 3:00 PM CDT China remains deeply...
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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. Source
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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. Source
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Pakistan Bets on Security and Trade as Ties with Iran Grow | OilPrice.com James Durso James D. Durso is the Managing Director of Corsair LLC, a supply chain consultancy. In 2013 to2015, he was the Chief Executive Officer of AKM… More Info Premium Content By James Durso – Aug 04, 2026, 2:00 PM CDT Pakistan...
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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...
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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...
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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. Source
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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...
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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...
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