United States Oil And Gas

BP (NYSE:BP) announced it agreed to sell its entire 37.212% non-operated working interest in the Bay du Nord offshore oil development project to Norwegian energy operator Equinor.

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.

Shell (NYSE:SHEL) issued an updated Q2 2026 outlook ahead of its July 30, 2026 results, covering production, margins, costs, taxation, and cash flow across its business segments.

Oil prices fell on Monday after OPEC+ agreed to increase production targets starting in August, adding pressure to a market already focused on improving global supply conditions.

Oil prices declined on Thursday for a fourth consecutive day after reports of progress in US–Iran diplomatic talks, which included discussions linked to reopening and securing the Strait of Hormuz.

Alliance Resource Partners (NASDAQ:ARLP) completed its $206.2 million acquisition of oil and gas mineral interests to expand its portfolio.

Crude oil prices fell on track for a weekly loss as shipping activity in the Strait of Hormuz showed signs of recovery and tanker traffic increased.

Oil prices declined on Wednesday, with Brent crude falling 1% to $76.30 per barrel and West Texas Intermediate dropping 1.1% to $72.43, extending losses to multi-month lows.

Dorian LPG (NYSE:LPG) entered into an agreement with HD Hyundai to construct one 90,000 cbm very large gas carrier for delivery in July 2029 at a price of approximately $115 million.

Petróleo Brasileiro, also known as Petrobas (NYSE:PBR) approved the final investment decision for a $1.2 billion biorefining project to produce renewable fuels.

Brent Crude fell 0.91% to $79.12 a barrel after initial US-Iran peace negotiations concluded with encouraging progress.