Brent crude climbed above $90/bbl after President Donald Trump signaled new U.S. strikes against Iran, renewing concerns over Middle East oil supplies, shipping disruptions and global energy security. SourceContinue Reading
Proserv has established a local operating presence in Brazil to support offshore and subsea operators with controls technology, lifecycle services and asset optimization solutions as activity continues to grow in the country’s deepwater sector. SourceContinue Reading
Trump Administration Picks Five States for Nuclear Fuel-Cycle Hubs | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Premium Content By Tsvetana Paraskova – Jul 29, 2026, 3:00 PM CDT The U.S. DOE...Continue Reading
Canadian Prime Minister Mark Carney said Canada will not restrict oil exports or use energy supplies as leverage in its trade dispute with the United States, reaffirming the country’s commitment to remaining a reliable energy supplier despite escalating tariff tensions. SourceContinue Reading
Saipem has secured a US$930 million contract from Eni to support Phase 3 development of the Baleine field offshore Ivory Coast, reinforcing continued investment in one of West Africa’s fastest-growing deepwater projects. SourceContinue Reading
BMW shares in Germany are down 36% so far this year, as the automaker’s latest forecast downgrade was described by JPMorgan analyst Jose Asumendi as a “wake-up call for the auto industry.” The outlook for BMW continues to deteriorate, with Bloomberg reporting that the automaker will begin a sweeping workforce restructuring in Germany this fall. Voluntary departures in...Continue Reading
Ukraine’s Attack on Iranian Cargo Ship Links Two Wars | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Jul 29, 2026, 1:00 PM CDT Ukraine struck an...Continue Reading
Guyana’s Oil Boom Matters More Than Ever | 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 – Jul 29, 2026, 12:00 PM CDT Guyana is on track to...Continue Reading
Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets | 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 – Jul 29, 2026, 11:30 AM CDT...Continue Reading
Rio Tinto and Glencore have posted near-record updates thanks to this year’s sky-high commodity prices and the uncertainty wrought by the Middle East conflict. Mining juggernaut Rio Tinto notched a 43 per cent jump in profit over the first six months of the year, pointing to persistently elevated metals prices and the ambitious efficiency programme...Continue Reading
