Exxon, ConocoPhillips Seek Safeguards to Return to Venezuela

By , , , and Exxon Mobil Corp. and ConocoPhillips are pushing for durable contract terms and a way to resolve billions of dollars owed to them as they consider…

US Natural Gas Drops in Thin Trading as Options Contracts Expire

By US natural gas futures fell just before options contracts for front-month delivery expired, erasing earlier gains that had been triggered by an increase in domestic gas supplies flowing to…

Northern Oil & Gas Reaches First Deal for Canadian Energy Assets

US energy firm Northern Oil & Gas Inc. agreed to acquire a stake in Canadian oil and gas properties, its first foray into international assets. Northern will pay Parallax Energy Operating Inc. C$350 million…

PEACE IN PERIL: Global Oil Price Gains 2% as US Military Strikes on Iran Add to Peace Deal Uncertainty

Summary Brent rises, WTI falls owning to settlement price mismatch US Secretary of State says negotiating deal could ‘take a few days’ Some oil, LNG tankers have passed through strait…

WhiteHawk Minerals Eyes $701 Million Valuation in US IPO

(Reuters) – WhiteHawk Minerals ‌is targeting a valuation of up to $701.2 million ​in its U.S. initial ​public offering, as the ⁠natural gas mineral ​and royalty firm looks to ​tap…

Trump Links Abraham Accords to Any Iran Deal

(Reuters) – U.S. President Donald Trump said on Monday that he asked Saudi Arabia, Qatar, Pakistan, Turkey, Egypt and Jordan to join the Abraham Accords en masse to normalize relations…

What Needs to be Agreed to End the Iran War?

Iran’s foreign ministry spokesperson said on Monday that conclusions have been reached on many topics discussed in a potential 14-point memorandum of understanding, but this does not mean a deal…

Oil Slips to Two-Week Low as US and Iran Seen Moving Closer to Deal

Summary Washington cites progress in Iran conflict resolution Trump says there is no rush for Iran deal, US blockade stays Two LNG, one crude tanker cross Strait ​in recent days,…

US Drillers Add Oil/Gas Rigs for Fifth Week in a Row, Says Baker Hughes

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the fifth week in a row for the first time since February 2025, energy services firm…

Oil Prices Settle Higher on Slow Progress in US-Iran Peace Talks

By Rubio says more work needed in Iran talks despite some progress Iran, US maintain opposed on Tehran’s uranium, Strait of Hormuz OPEC+ expected to increase July oil output, sources…