Kandi Technologies secures 18 battery swap station order
Kandi Technologies (NASDAQ:KNDI) secured a procurement order from QIJI Energy to equip 18 heavy-truck battery swap stations.
Kandi Technologies (NASDAQ:KNDI) secured a procurement order from QIJI Energy to equip 18 heavy-truck battery swap stations.
ING Groep (NYSE:ING) reported that Strait of Hormuz liquefied natural gas exports halted, driving regional prices up 25%.
ConocoPhillips (NYSE:COP) agreed to acquire a 42% interest in BP’s (NYSE:BP) Kirkuk venture, covering four producing fields and more than 3 billion barrels of oil equivalent.
Brent crude futures rose 0.08% to $84.30 as U.S.-Iran attacks threatened supplies through Hormuz and the Red Sea.
Cadeler (NYSE:CDLR) took delivery of Wind Ace, its 11th installation vessel, expanding its capacity for offshore wind projects.
Dorian LPG (NYSE:LPG) declared a $1.00 per share irregular cash dividend to return $42.8 million to shareholders.
Brent crude futures rose 0.7% to $85.31 a barrel, while West Texas Intermediate futures gained 0.4% to $79.69 as U.S.-Iran hostilities intensified.
ARC Resources shareholders approved its approximately C$22 billion acquisition by Shell (NYSE:SHEL), with 99.54% backing the arrangement.
NextNRG (NASDAQ:NXXT) reported preliminary June 2026 revenue of $8.9 million, up 26%, while gross profit increased approximately 44% to $654,000.
Ranger Energy Services (NYSE:RNGR) announced a new agreement to provide three additional ECHO hybrid workover rigs to Hess Corporation (a subsidiary of Chevron (NYSE:CVX)), marking a continued expansion of its electrified rig fleet.
BP (NYSE:BP) expects stronger oil realizations to add US$1.8 billion–US$2.1 billion to second-quarter upstream earnings despite production falling to 2.17 million–2.22 million boe/d.
Brent crude rose US$2.74, or 3.29%, to US$86.04, while West Texas Intermediate crude gained US$2.21, or 2.83%, to US$80.35 as renewed U.S.-Iran attacks threatened Strait of Hormuz energy flows.
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