bp exits Bay du Nord project, sells stake to Equinor
(World Oil) – bp has agreed to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to operator Equinor, continuing its strategy of simplifying its upstream portfolio and focusing capital on higher-value
bp exits Bay du Nord project, sells stake to Equinor
(World Oil) – bp has agreed to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to operator Equinor, continuing its strategy of simplifying its upstream portfolio and focusing capital on higher-value opportunities. The transaction includes bp’s interests
World absorbs historic Iran war oil supply loss, but depleted stocks bring risks
(BOE Report) – The world has absorbed with surprising ease the loss
Oil prices steady at pre-Iran war levels
(Investing) – Oil prices were stable around pre-Iran war levels on Monday as
Register to attend EnerCom Denver August 17–19, 2026, in Denver, Colorado
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver
World absorbs historic Iran war oil supply loss, but depleted stocks bring risks
(BOE Report) – The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the Iran war began, but, with long-term peace elusive and buffer reserves now drained, it still faces the looming
Oil prices steady at pre-Iran war levels
(Investing) – Oil prices were stable around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices and after OPEC+ agreed to further increase its output targets from August, while exports from key producers via the Strait of
Register to attend EnerCom Denver August 17–19, 2026, in Denver, Colorado
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies Limited presentation openings are available for E&P, Midstream, OFS, Energy Transition, and Emerging
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 3.8 million barrels
Weekly Crude Oil Storage as of June 26, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 87 Bcf
Natural Gas Inventories as of June 26, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 7, is at 580
This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count
