Iran threatens to halt energy exports as US bombings, blockade escalate
The United States launched a third round of bombings on Iran within 24 hours on Wednesday evening, as…
Texas oil firms increase production amidst elevated prices during U.S.-Iran War – Houston Public Media
AP Photo/Tony Gutierrez Oil rigs and a pump jack are shown in a rural area, Wednesday, July 29,…
June 2026 OPEC output leaped 3M+ bpd – Shafaq News
2026-07-04T11:53:35+00:00 font Enable Reading Mode A- A A+ Shafaq News- Vienna/ Baghdad OPEC oil production rose to 19.34…
The Race to Revive Venezuela’s Vast Oil Wealth Is Underway
After Washington snatched Venezuela’s authoritarian president, Nicolas Maduro, in a daring January 2026 night raid, the country’s long…
New Crude Streams Add 12M Barrels to Nigeria’s Output
Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced…
IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage
It could take up to two years to restore a meaningful share of oil and gas production lost…
U.S. oil producers could get $63 billion boost from high crude prices
Soaring energy prices due to the Iran war could provide a massive windfall for U.S. oil companies. Rystad…
Dow futures fall 350 points on U.S.-Iran conflict, but oil prices pare gains as Trump hints at sanctions relief for new leadership
U.S. stock futures pointed to a risk-off trade Sunday evening as investors reacted to the U.S.-Israeli bombardment of…
‘Something [we’ve] been trying to understand for decades’
Material scientists in the Netherlands have whipped up a new compound that has the best qualities of both…
Nigeria’s oil imports from the US surge to 42m barrels
Nigeria sharply increased its crude oil purchases from the United States in 2025, importing a total of 42.13…
Phil Mickelson-Touted Sable Struggles to Advance Oil Project
Professional golfer Phil Mickelson (Bloomberg) — One of the most compelling corporate dramas in the US oil industry…
Ecuador’s Declining Oil Output Threatens to Spark an Economic Crisis
The last decade has been especially grueling for Ecuador’s economically vital oil industry. Plummeting investment, heavily corroded infrastructure,…