The U.S. has threatened sanctions against countries that continue trading with Iran, putting crude buyers under greater scrutiny as Washington intensifies pressure on Tehran’s global financial and energy ties. SourceContinue Reading

European Leaders Gather in Kyiv as Ukraine Seeks More Air Defense | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 24, 2026, 10:00 AM CDT The...Continue Reading

Equinor has selected Emerson to provide measurement instrumentation and services across its global onshore and offshore operations under a frame agreement spanning up to 13 years, including options. SourceContinue Reading

Comet Ridge has completed its acquisition of Santos’ 42.86% interest in the Mahalo Gas Project, giving it 100% ownership and operatorship of the broader 1,850-sq-km Mahalo Gas Hub as it advances toward FID. SourceContinue Reading

Russia Scrambles to Restore Fuel Supplies as Refineries Resume Operations | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 24, 2026, 9:30 AM CDT Amid the ongoing fuel crisis in Russia, authorities are rushing to ease concerns that the shortages are worsening. Russia has been...Continue Reading

Iran has blacklisted 45 oil, LNG, LPG and product tankers using the Strait of Hormuz, threatening fines, detention and cargo confiscation as Tehran retaliates against Washington’s looming “economic D-Day.” The list includes vessels owned by shipping companies tied to two of the Gulf’s biggest oil producers, including Saudi Arabia’s Bahri and ADNOC Logistics & Services...Continue Reading

CB&I Asset Solutions has secured a three-year contract to operate and maintain an FPSO offshore Côte d’Ivoire, an award the company classifies at between $50 million and $100 million. SourceContinue Reading

ADNOC has awarded McDermott a contract valued at more than $1 billion for Package 4 of the Umm Shaif development, covering a new offshore pressure boosting facility designed to increase gas recovery and production. SourceContinue Reading

SLB has launched its ExaCT electrical control system for coiled tubing interventions, with field testing showing a roughly 175-hour reduction in intervention time during one six-lateral well operation. SourceContinue Reading

DNV has acquired Equinor’s WellSpot technology, developed and operated over 15 years, and will commercialize the platform to help offshore operators continuously monitor and manage subsea wellhead fatigue. SourceContinue Reading