Equinor Profit Soars 93% as Oil and Gas Price Spike Fuels Windfall

Equinor (EQNR:NYSE) saw a 93% jump in its second-quarter profit from a year earlier as oil and gas prices soared during the Middle East crisis and delivered windfall earnings to…

Japan’s Power Prices Soar to 3.5-Year High

Japan’s day-ahead spot electricity prices surged on Wednesday to the highest level in three and a half years as soaring fuel costs, heat waves, and a weakening Japanese currency have…

Oil Jumps Nearly 4% as Houthis Threaten Red Sea Blockade

Oil prices jumped by nearly 4% early on Wednesday as concerns about crude supply from the Middle East intensify with threats to shipping at both chokepoints in the region, the…

Pakistan Scrambles for Oil Alternatives as Hormuz, Red Sea Risks Mount

Pakistan’s refiners are inquiring traders about potential crude oil supply from the U.S., Nigeria, Singapore, and central Asia, amid the escalating crisis in the Middle East that threatens supply from…

Oil Price Rise Comes Amid Dissipation of 1 Main Assumption

Crude oil futures continued to rise today, Samer Hasn, Senior Market Analyst at XS.com, highlighted in a market analysis sent to Rigzone on Wednesday, pointing out that WTI and Brent…

  • Gas
  • July 22, 2026
Air Liquide signs renewable oxygen deal with Indovinya for ethylene oxide production

By 41 min ago 2 min read Industrial gas major Air Liquide has entered into an agreement with Texas-headquartered specialty chemical producer Indovinya for the supply of renewable oxygen for…

US War in Iran Has Cost $37.5 Billion So Far, Pentagon Says

The United States’ war in Iran has cost $37.5 billion so far, U.S. Defense Secretary Pete Hegseth said on Tuesday, an increase of nearly $8 billion since the last public…

Oil Climbs Over 4% to Near Six-Week High as Conflict Threatens Key Oil Transit Routes

By  Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: US military carries out 11th successive night of attacks on Iran Three tankers carrying Saudi crude…

Trump Says U.S. Ready to Respond if Houthis Impose Red Sea Blockade

U.S. President Donald Trump on Tuesday said the United States would respond if Yemen’s Iran-aligned Houthi movement follows through on its threat to impose a blockade on commercial shipping in…

Halliburton Tumbles on Tepid Revenue Forecast, Middle East Recovery Warning

July 21 (Reuters) – Halliburton  shares fell more than 6% on Tuesday after the U.S. oilfield services provider forecast weaker third-quarter revenue and flagged uncertainty about the ​pace of recovery…