United States Oil And Gas

Oil prices declined on Friday but remained above $100 per barrel for the week as traders monitored potential supply disruptions linked to increased attacks along Middle East shipping routes.

Oil prices surged above $100 per barrel on Thursday as renewed shipping attacks in the Middle East increased concerns about potential supply disruptions.

TotalEnergies (NYSE:TTE) announced the Acacia-5 oil discovery on Angola’s Block 17, with the project expected to add 6,000 barrels per day to production.

Oil prices eased on Thursday, but Brent crude remained above $100 a barrel as renewed US-Iran attacks increased concerns about further supply disruptions.

Perma-Pipe International Holdings (NASDAQ:PPIH) reported second quarter fiscal 2026 net sales of $59.6 million, increasing 24% year over year as gross profit reached $17.4 million.

Brent crude futures rose above $100 a barrel on Wednesday for the first time since July 24 as escalating Middle East conflict increased concerns about regional oil supply disruptions.

Brent crude and West Texas Intermediate crude prices rose to multi-week highs on Tuesday as escalating U.S.-Iran tensions increased concerns about prolonged disruptions to Middle East oil supplies.

BP (NYSE:BP) appointed Ian Tyler as permanent chair after months of leadership changes, with Tyler taking the role immediately following a search that considered internal and external candidates.

Brent crude futures and U.S. West Texas Intermediate crude prices rose more than $1 per barrel on Monday as renewed U.S.-Iran strikes involving vessels increased concerns about potential oil supply disruptions in the Middle East.

Shell (NYSE:SHEL) confirmed euro and pound sterling equivalents for its second quarter 2026 interim dividend, with shareholders receiving the previously announced US$0.3906 per ordinary share in their selected currency.

TotalEnergies (NYSE:TTE) has completed major contractual steps for the Papua LNG project, including EPC tendering and a planned operatorship transfer to ExxonMobil, while reducing estimated project capital expenditure to around US$14 billion.

Sabine Royalty Trust (NYSE:SBR) declared a monthly cash distribution of $0.331680 per unit, payable on September 29, 2026, to holders of record as of September 15, 2026.