United States Energy

President Donald Trump said the United States was reinstating a naval blockade on Iran after Tehran claimed it had closed the Strait of Hormuz, a major global oil shipping route.

Halliburton (NYSE:HAL) secured major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies, covering drilling and completion services under a long-term program.

Greenfire Resources (NYSE:GFR) agreed to acquire private thermal oil sands producer Connacher Oil and Gas for an estimated C$1.277 billion in cash, net of expected closing adjustments, expanding its production base and reserves position.

Emera (NYSE:EMA) declared quarterly dividends on its common shares and First Preferred Shares, including a payment of $0.7325 per common share scheduled for August 17, 2026.

Chevron (NYSE:CVX) signed a five-year natural gas supply agreement with Alinta Energy to deliver 46 petajoules of gas in Western Australia from July 2027, extending a partnership that has operated for more than 40 years.

Carlyle (NASDAQ:CG) agreed to sell Copia Power, a U.S. developer, owner and operator of integrated energy and digital infrastructure campuses, to EQT Infrastructure VII, with the transaction expected to close by the end of 2026.

BP (NYSE:BP) Chief Executive Officer Meg O’Neill announced that the company is actively simplifying its operational portfolio.

Baker Hughes (NASDAQ:BKR) and Kodiak Gas Services (NYSE:KGS) have finalized a multi-year strategic agreement to design and deploy custom gas turbine power solutions aimed at addressing rapid power constraints in U.S. data center and energy infrastructure markets.

Digi Power X (NASDAQ:DGXX) reported progress across its Alabama AI data center campus, with Phase 1 still targeted for December 2026 and Phase 2 targeted for Q1 2027.

UniTek Global Services acquired Concurrent Utility Services, a specialty infrastructure services company focused on power grid modernization and connectivity, to expand its Power Services Division.

Saudi Arabia and other Gulf oil producers have reduced crude prices for Asian buyers as exporters compete for market share amid weaker demand and increased supply availability.

Fluor (NYSE:FLR) said it was selected by Saudi Aramco as a Program Management Consultancy contractor under a Long-Term Agreement to support the company’s global capital projects portfolio.