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Guess & Co. has completed a $3 billion acquisition of oil, gas, coal and mineral assets in West Virginia, establishing a long-term resource position to support future energy and industrial development in Appalachia. Source
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The American Petroleum Institute says decades of investment in U.S. oil and gas production, infrastructure and refining have strengthened America’s role in global energy markets and improved energy security during recent supply disruptions. Source
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UK Drivers Take To Fuel Theft amid War-Driven Price Surge | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 06, 2026, 5:00 PM CDT Fuel theft in the UK has surged as record-high gasoline and diesel prices, driven by the Middle East conflict and the...
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Europe’s Electricity Prices Spike to €500 a Megawatt-Hour as Drought Bites | OilPrice.com Haley Zaremba Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… More Info Premium Content By Haley Zaremba – Aug 06, 2026, 4:00 PM CDT Hungary...
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US distillate exports surged to a record last week as global supplies tightened. Disruptions across the Gulf area and various surrounding maritime chokepoints, as well as Ukrainian one-way attack drone strikes that have paralyzed portions of Russia’s energy infrastructure, have been a major boon for US refiners and export terminals along the Gulf of America....
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SLB and Equinor have signed a multi-year agreement for reservoir stimulation services on the Norwegian Continental Shelf, including a major upgrade of the Island Captain vessel to support development of tight offshore reservoirs. Source
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ExxonMobil has linked a proposed $80 billion expansion of Kazakhstan’s Kashagan oil field to resolving long-running disputes between the government and international partners, according to people familiar with the discussions. Source
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Mining Giant Glencore Looks Beyond London With Secondary ASX Listing | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Aug 06, 2026, 2:00 PM CDT Glencore is...
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Russian Oil Production Climbs Above 9 Million Bpd in July | 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 06, 2026, 1:30 PM CDT Russia increased...
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Mexico has ruled out fracking in a key shale basin, drawing a line through a resource-rich area even as the country looks for ways to cut its dependence on U.S. natural gas. President Claudia Sheinbaum said hydraulic fracturing will not be allowed in the Tampico-Misantla basin beneath Veracruz and Tamaulipas. The government cited the basin’s...
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