Ukraine’s Drone Campaign Drives Russian Oil Refining to 24-Year Low

Russian crude processing fell to its lowest level in more than two decades in July after Ukraine expanded its drone campaign from refineries to tankers, pipelines and export infrastructure, according…

CEO Plays Down Impact of Attacks on Aramco

Saudi Aramco said attacks on its assets last month have had no material impact on its operations, and the company is working to expand its oil export capacity as the…

  • Gas
  • August 4, 2026
Atlas Copco acquires compressed air business of 3C Industrial

© Shutterstock You’ve read 1 of 1 of your free articles this month. By 8 min ago 1 min read Compressed air and vacuum solutions company Atlas Copco Group has expanded…

  • Gas
  • August 4, 2026
BP to sell Archaea Energy as it withdraws from biogas

By 10 min ago 3 min read BP is to sell its Archaea Energy biogas business, it disclosed in Q2 results today. It bought the Houston-based firm , as part…

PIPELINE OPPOSITION: Washington State Congressman Wants Spill Response Review for Canada’s Alberta Pipeline to B.C.

A congressman from Washington State says the U.S. Coast Guard should review and update oil spill response plans as news of a planned pipeline from Alberta to B.C. would increase…

How Iran is Widening its Pressure Campaign to Force US Concessions

Iran is betting it can outlast Washington by turning the Middle East’s trade routes, shipping lanes and energy infrastructure into pressure points that steadily raise the cost of confrontation, according…

Trump Demands Lower Gas Prices From Oil Companies, Chides Chevron CEO

U.S. President Donald Trump again called on oil companies to lower gasoline prices for American consumers on Monday, chiding Chevron Chief Executive Mike Wirth for not crediting his administration’s efforts to help…

Trump Says He Does Not Care About USMCA as US, Canada Plan Trade Talks

Summary Trump says USMCA more important to Mexico, Canada than to US Canada’s US trade minister to visit Washington this week for more talks Steelworkers, Machinists unions urge US to…

A (TEMPORARY) GOLDEN ERA – Iran War Ushers in Oil Refining Golden Era. It Won’t Last: Ron Bousso

Reuters Bumper oil refining profits triggered by the Iran war are turbocharging Big Oil’s earnings, breathing new life into a business many investors had largely written off. The sector looks…

M&A: Williams Agrees to Buy Momentum Midstream for $5.5 Billion

Takeaways by Bloomberg AI Williams Cos. reached a deal to buy Momentum Midstream LLC from EnCap Flatrock Midstream through a deal valued up to $5.5 billion, expanding its natural gas network…