United States Oil And Gas

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.

Dorian LPG (NYSE:LPG) declared a $1.00 per share irregular cash dividend to return $42.8 million to shareholders.

Halliburton (NYSE:HAL) announced it secured a multi-year contract from Aramco to support unconventional gas development programs in Saudi Arabia.

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.

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.