Topic
Oil and Gas
60 stories related to this topic, newest first.
Euronewsworld22 hrs ago
Solar Power Cut Europe’s Gas Import Bill by €20 Billion Since March, While Oil and Gas Prices Rose
Brent crude oil traded at $85 per barrel on 15 July 2026, up €10.47 since late February. Solar generation cut gas import costs by an average of €146 million per day over 137 days.
finance2 days ago
U.S. Senators Release Updated Russia Sanctions Bill Text
The bill reduces proposed tariffs on buyers of Russian oil and gas and adds waiver authority for the president. It also creates exceptions for countries that import limited volumes of Russian natural gas.
LI
stockhead.com.aubusiness10 days ago
Six More European Investors Oppose Norway Arctic Drilling Plans
Swedbank Robur Fonder AB, Sarasin & Partners LLP, Ircantec, West Yorkshire Pension Fund, KBI Global Investors and Länsförsäkringar AB joined earlier opponents in urging priority for energy transition over Arctic oil and gas expansion. Norway is lobbying the EU to lift its de fact…
realitytea.comfinance11 days ago
Six tankers use Oman route in Hormuz while four others switch to Iranian path after weekend U-turns
Six oil and gas freighters navigated close to Oman’s coast on Sunday. Data showed 19 total crossings on Saturday after eight vessels reversed course the prior two days.
abcnews.go.compolitics12 days ago
Democratic governors urge Congress to reject Stop Climate Shakedowns Act
Democratic governors and attorneys general sent letters asking Congress to reject legislation that would shield oil and gas companies from climate-related lawsuits. The Supreme Court is scheduled to hear a related case involving ExxonMobil and Suncor Energy in its fall term.
thenarwhal.capolitics16 days ago
Carney Ends Carbon Price and Oil-Cap, Expands LNG Exports but Issues No New Climate Plan
Prime Minister Mark Carney posted a video Tuesday stating the prior climate plan was unsustainable and too costly. The government has ended the consumer carbon price and oil and gas pollution cap while advancing new pipelines and LNG sales.
benzinga.combusiness16 days ago
Australia Boosts Oil and Gas Exploration Spending Above $1 Billion in 2026
Exploration outlays are projected to rise 10 percent from 2025 levels. The increase follows fuel supply strains during the Iran war and refinery closures. State governments have opened new tenders and fast-track rules.
The Guardianpolitics16 days ago
Treasury secretary urges oil and gas companies to cut prices
The treasury secretary called on retailers to lower gasoline prices during a Fox News interview. The statement followed a social media post from the president that cited current oil prices near $68 a barrel.
news.sky.comworld16 days ago
AfD Leader Weidel Urges Germany to Resume Russian Energy Imports
Alice Weidel, leader of Germany's AfD party, urged Berlin to resume purchases of Russian oil and gas. She said the cutoff had cost hundreds of thousands of jobs and left Germany paying higher prices to the United States.
MA
The Guardianpolitics17 days ago
Interior Department Proposes Cutting Public Comment Periods and Lowering Oil and Gas Cleanup Fees on Federal Lands
The Interior Department proposed loosening two Biden-era rules on drilling on public lands this week. The changes would cut required financial assurances from $500,000 to $25,000 and reduce total public participation time from at least 90 days to 10 days. The Guardian reported th…
theconversation.compolitics18 days ago
Report Identifies Over 260 Fossil Fuel Industry Programs in Schools and Youth Sports
A climate advocacy group documented more than 260 programs funded by coal, oil and gas companies in Australian schools and children's sports. Researchers found over $50 million spent on six of the programs alone.
nationalpost.combusiness19 days ago
Federal Court Dismisses Lawsuit Over Gulf of America Oil and Gas Operations
A U.S. district court ruled a lawsuit challenging federal oversight of Gulf of America oil and gas activities moot after an Endangered Species Act exemption. The Justice Department announced the June 26 decision.
montrealgazette.comworld20 days ago
Birch Geothermal Launches to Apply Oil-Field Methods to Power Generation
Birch Geothermal began operations on June 20, 2026, as a portfolio company of Montauk Capital. The startup plans to adapt drilling sensors, autonomous controls, and reservoir techniques from oil and gas to improve geothermal electricity output.
FO
Substrate placeholder — needs reviewfinance20 days ago
U.S. Oil and Gas Rig Count Rises to 573
Baker Hughes data released Friday showed the total active drilling rig count in the United States increased by 10 to 573 for the week ending June 26. Oil rigs rose by 7 to 440 and gas rigs rose by 3 to 125.
FI
theconversation.comfinance21 days ago
Energy Department projects 90 gigawatts of enhanced geothermal by 2050
The Department of Energy estimates enhanced geothermal systems could generate 90 gigawatts of electricity by 2050, enough to power at least 65 million homes. Recent drilling advances adapted from oil and gas operations have expanded viable sites beyond traditional geothermal regi…
France 24world21 days ago
Paris Court Orders TotalEnergies to Address Scope 3 Emissions but Declines to Limit Production or Set Targets
A Paris court ruled Thursday that TotalEnergies must disclose climate risks from emissions of its oil and gas products and amend its vigilance plan within six months. The decision applies France’s 2017 corporate duty of vigilance law to climate issues for the first time but rejec…
rigzone.combusiness21 days ago
UK Energy Secretary Blocks Plan to Fund Defense via More North Sea Drilling
UK Energy Secretary Ed Miliband blocked a Treasury proposal to expand North Sea oil and gas drilling. The plan aimed to raise tax revenue to help cover £18 billion in Ministry of Defence purchases. Prime Minister Sir Keir Starmer received the proposal before resigning earlier thi…
jpost.comworld21 days ago
Paris Court to Rule on TotalEnergies Climate Lawsuit
A Paris court is scheduled to issue a ruling Thursday in a case that seeks to require TotalEnergies to cut oil and gas output. The lawsuit, filed by several NGOs and the city of Paris, marks the first use of France's 2017 corporate duty of vigilance law in a climate context.
Semaforai24 days ago
UAE-Backed AI Firm AIQ Plans Sales Push into US Oil and Gas Sector
AIQ, a joint venture of ADNOC and Presight, plans to export its nearly 300 AI tools after six years of use at ADNOC. CEO Dennis Jol outlined priorities including the US during a June 19 event in Abu Dhabi. The move follows the UAE's $1.4 trillion US investment pledge.
thesouthafrican.compolitics27 days ago
Conservatives win Aberdeen South by-election on North Sea energy platform
The Scottish Conservatives secured their first Westminster by-election victory in more than 50 years in Aberdeen South. The result followed a campaign focused on oil and gas policy after no new drilling licences were issued and two major field projects were halted.
thesouthafrican.compolitics27 days ago
Conservatives win Aberdeen South by-election
The Conservative candidate won the Aberdeen South by-election, the first such victory for the party in a Scottish Westminster seat in more than 50 years. Campaign arguments focused on government policy toward North Sea oil and gas development.
thehindu.compolitics29 days ago
Deputy Prime Minister Faces Questions on North Sea Drilling Ban
Deputy Prime Minister David Lammy is answering questions from opposition lawmakers about a ban on new North Sea oil and gas drilling and about rising household energy costs. The session follows recent policy announcements restricting new drilling licenses.
IN
MarketWatchfinance29 days ago
Oil Stocks Track Energy Sector Moves
Oil and gas companies span upstream exploration, midstream transport and downstream refining. Investors evaluate debt levels, dividend stability and cash reserves when selecting holdings in the sector.
MA
winnipegfreepress.compolitics30 days ago
IEA Report Links Iran War to Southeast Asia Energy Import Risks
An International Energy Agency report says the Iran war exposed Southeast Asia's reliance on oil and gas imports through the Strait of Hormuz. The agency projects the region's energy import bill could triple to $245 billion by 2035 without faster diversification.
themarketherald.com.aufinance34 days ago
U.S. oil and gas rig count rises by 1 to 563, still near year-ago levels
Baker Hughes data showed the total active rig count increased by one from a year ago. Weekly crude output rose 92,000 barrels from the prior week.
newser.compolitics35 days ago
Oil and Gas Executives Warn White House of Potential Gasoline Price Increases
Executives from the oil and gas sector have notified the White House that gasoline prices may rise sharply in coming months due to falling fuel inventories. The warning comes as officials work to address inflation pressures affecting consumers.
DE
rigzone.comfinance36 days ago
Algeria Opens 2026 Hydrocarbon Bidding Round
Algeria launched a bidding round for seven onshore oil and gas blocks containing an estimated 2.1 billion barrels of oil and 66.5 billion cubic meters of gas. Bids are due in November. The blocks are located in basins near Libya and Tunisia.
themandarin.com.aufinance37 days ago
BLM Opens 30-Day Public Review of 126,744 Acres in Colorado for Proposed December 2026 Oil and Gas Lease Sale
The Bureau of Land Management opened a public comment period on 114 parcels covering 126,744 federal acres in Colorado. Comments are due by July 9.
theconversation.comfinance38 days ago
Gulf Oil and Gas Flows Remain Fraction of Pre-War Levels Despite Rise in Tanker Transits and Dark-Mode Shipping Through Strait of Hormuz
A Qatari LNG carrier passed through the Strait of Hormuz this week. Nine LNG vessels have exited the strait since February 28.
thehindu.comfinance41 days ago
Israel Strikes Iranian Military Targets; Tehran Threatens to Close Strait of Hormuz
Iranian statements tie responsibility for any complete shutdown of the Strait of Hormuz to U.S. conduct. Officials link the warning to oil and gas export routes.
UN
FI
thecanary.copolitics41 days ago
Labour focuses resources on Makerfield by-election while standing down in two Scottish contests
Labour has directed campaign staff and activists to Makerfield ahead of its June by-election. The party is not fielding a visible presence in Aberdeen South and Arbroath & Broughty Ferry, both scheduled for June 18. The Aberdeen South contest has drawn attention to North Sea oil…
Washington Examinerpolitics41 days ago
ANWR Lease Sale Generates $6 Million in Bids on 5 of 58 Tracts
The Bureau of Land Management conducted its first oil and gas lease sale in the Arctic National Wildlife Refuge Coastal Plain on June 5, 2026. Hex Energy LLC and the Alaska Industrial Development and Export Authority placed all bids, and half the revenue will go to Alaska by law.
The Hillscience41 days ago
US Holds Arctic Refuge Oil and Gas Lease Sale, Receives Bids on Five Tracts
The Bureau of Land Management auctioned 58 tracts in Alaska's Coastal Plain on Friday, receiving bids on five tracts from two entities for roughly $3.7 million. Half the revenue goes to the state by law.
rigzone.comfinance48 days ago
U.S. Oil and Gas Rig Count Rises to 562 This Week
Baker Hughes data released Friday showed the total number of active U.S. drilling rigs increased during the latest week. Oil rigs rose by four while gas rigs remained unchanged.
nationalobserver.combusiness49 days ago
Britain Requires North Sea Gas Until Net Zero Target Reached
A newspaper editorial states that the United Kingdom will continue to need North Sea gas supplies until the country achieves its net-zero emissions goal. The piece criticizes a proposed ban on new oil and gas exploration licenses.
rnz.co.nzfinance50 days ago
Super El Niño Forms in Pacific Ocean
Drought and high temperatures linked to a potential Super El Nino this summer are expected to increase electricity demand across Asia while oil and gas supplies remain constrained.
FO
nbcnews.compolitics50 days ago
Candidate Wins Texas Republican Runoff for Oil Regulator Seat
Bo French defeated his opponent in a Republican runoff election for a seat on a state board that oversees oil and gas regulation. The outcome gives Democrats an opening to contest the position in the general election.
insurancejournal.comfinance50 days ago
Dallas Fed President Says Global Oil and Gas Use Must Decline
Federal Reserve Bank of Dallas President Lorie Logan stated that physical supply limits could require lower worldwide consumption of oil and natural gas. She spoke at a closed-press event on May 27, 2026.
The Independentworld52 days ago
Report Says North Sea Oil and Gas Sector Needs Policy Changes to Continue
A survey by the Aberdeen and Grampian Chamber of Commerce found most energy businesses believe the North Sea basin can continue operating under different fiscal and regulatory conditions. The report lists specific policy recommendations and includes responses from UK and Scottish…
asiaone.comfinance52 days ago
Singapore Begins Nuclear Infrastructure Review in 2027
The International Atomic Energy Agency will start a Phase 1 review next year to assess whether Singapore can make an informed decision on adding nuclear power. Singapore currently imports 65 percent of its energy as oil and gas.
nationalpost.comfinance53 days ago
China Increases Coal Use in Chemical Production
China is increasing coal-to-chemicals output as oil and gas prices remain elevated. Data show lower coal production and imports in the first four months of 2026, yet overall consumption continues to rise.
dailywire.comfinance53 days ago
Oil Companies Increase Bids for Alaska Arctic Leases
Major energy firms submitted record bids for oil and gas leases in Alaska's National Petroleum Reserve. Recent geological findings and federal policy changes have renewed industry interest in the region.
yahoo.comfinance54 days ago
Norway Increases North Sea Oil and Gas Output After Strait of Hormuz Closure
Norway has raised fossil fuel production to replace supplies lost after the Strait of Hormuz closed. The government plans to reopen three North Sea gas fields and keep output high past 2030.
The Timespolitics54 days ago
Aberdeen South By-Election Focuses on North Sea Oil and Gas Policy
Conservative and SNP candidates are contesting the Aberdeen South seat after the SNP's Stephen Flynn moved to the Scottish parliament. The campaign centers on whether new drilling licences should be issued in the North Sea.
thehindu.comfinance54 days ago
U.K. Households Add Rooftop Solar Installations as Oil and Gas Prices Rise
U.K. households are installing more rooftop solar systems as oil and gas prices rise following geopolitical disruptions. Falling panel and battery costs, along with expanded government and utility support, are cited as factors increasing adoption.
offshore-technology.comworld54 days ago
Federal Oil Lease Sale in New Mexico Raises $4 Billion
The Bureau of Land Management conducted a federal oil and gas lease sale in New Mexico's Delaware Basin on May 20. High bids and rental payments totaled more than $4 billion, exceeding the prior state record by over four times.
thehindu.comworld55 days ago
Ukraine Launches Nightly Drone Strikes on Russian Oil and Gas Sites
Ukraine has conducted major drone raids on Russian targets each night this week. The strikes have targeted oil and gas installations and placed sustained pressure on Russian air defenses.
OS
bbc.co.ukfinance55 days ago
Rystad Energy estimates AI will add $500 billion in value to oil and gas producers by 2030
Rystad Energy estimates that artificial intelligence and digitalization could generate nearly $500 billion in cumulative value for upstream oil and gas companies between 2026 and 2030. The gains would come from lower operating costs, higher production volumes, and shorter project…
rigzone.comfinance55 days ago
U.S. Oil and Gas Rig Count Rises to 558 This Week
Baker Hughes reported the total number of active drilling rigs in the United States reached 558 this week. Oil rigs increased by 10 while gas rigs declined by 3.
Substrate placeholder — needs reviewworld55 days ago
Iranian Hackers Target Aviation and Oil Firms in Espionage Campaign
Iranian hackers posed as job recruiters to target software engineers at aviation and oil and gas companies. Researchers from Palo Alto Networks Unit 42 tracked the activity during the U.S. and Israeli conflict with Iran.
The Independentworld55 days ago
EU Officials Project Higher Oil and Gas Prices Through 2027
European Union officials stated Friday that oil and gas prices are expected to stay above pre-conflict levels at least until the end of 2027. The projections also include higher inflation and slower economic growth for the eurozone.
nypost.compolitics56 days ago
Republicans Introduce Bill to Ease Clean Air Act Rules for Small Oil and Gas Wells
Republican lawmakers introduced legislation in the House and Senate to exempt marginal oil and gas wells from certain Clean Air Act requirements. President Trump announced plans to revise two Biden administration rules on commercial refrigerators.
Washington Examinerpolitics56 days ago
Republicans Introduce Bills to Exempt Small Oil and Gas Wells from EPA Emissions Rules
Republican lawmakers are introducing legislation in the House and Senate to exempt small oil and gas producers from certain Clean Air Act requirements. The bills target marginal wells and would remove EPA standards for monitoring and reporting greenhouse gas emissions.
finance.yahoo.comfinance56 days ago
Analysts Adjust Price Targets for Four Companies
Wall Street firms updated price targets on Glaukos Corp, Streamex Corp, LiqTech International Inc, and Northern Oil and Gas Inc. The changes include both increases and reductions while ratings remained unchanged.
Fox Newspolitics56 days ago
Hawaii Attorney General and Cities Sue Oil Companies Over Climate Claims
Hawaii Attorney General Anne Lopez, Honolulu, and Maui filed lawsuits against oil and gas companies seeking damages for alleged climate-related harms. The cases target companies outside the state while excluding the local refinery Par Pacific.
financialpost.compolitics57 days ago
Energy Executives Urge UK Government to Prioritize North Sea Oil Production
Energy executives called for greater domestic oil and gas output after emergency talks with Offshore Energies UK. The meeting followed government measures allowing limited imports of Russian refined fuels under temporary licenses.
rte.iefinance57 days ago
Energy Price Increases Follow Strait of Hormuz Disruption
Oil and gas prices have risen after the Strait of Hormuz disruption. Producer price expectations in energy-intensive sectors have increased while consumer inflation remains concentrated in energy components. Labor markets have cooled in several advanced economies.
Washington Examinerpolitics58 days ago
Trump Says Oil Prices Are Peanuts During Iran Conflict
President Trump described current oil and gasoline prices as temporary and manageable while the administration works with Congress on a possible extended federal gasoline tax suspension. Oil markets showed mixed movements with Brent Crude at $111.60 per barrel and national gasoli…
etftrends.compolitics60 days ago
China Leads Renewable Energy Growth as U.S. Maintains Fossil Fuel Focus
China has expanded its renewable energy capacity while the United States continues policies favoring oil and gas exports. The shift coincides with higher global energy prices following conflict in the Middle East.
redpepper.org.ukfinance61 days ago
UK Government Introduces Bill to Ban New North Sea Oil and Gas Licences
The King announced the Energy Independence Bill at the state opening of Parliament, which will make it illegal to grant new exploration licences. The move fulfills a Labour Party pledge from its 2024 manifesto to turn Britain into a clean energy superpower by 2030. Opposition par…