Oil and gas

China’s crude oil purchases rebound in July from near-decade low

2026-08-07T05:37:35.000Z
A proposed deal between Iran and Oman would give Teheran control over ships entering the Gulf through Hormuz, said sources

Oil prices slip as Iran cites progress with Oman on Hormuz shipping agreement

2026-08-06T05:35:39.000Z
BP is working to sell its US biogas business as it continues to reduce its renewables investments to focus on oil and gas.

BP’s Q2 profit more than doubles to over US$5 billion after Iran war oil surge

2026-08-04T13:46:25.000Z
Aramco’s adjusted net income rose to US$33.4 billion, from US$25.2 billion a year earlier.

Saudi Aramco profit jumps 33% as US-Iran war boosts oil prices

2026-08-04T07:26:33.000Z
As the conflict drags on, attacks have spread across the Gulf to the Red Sea and even a Mediterranean facility in Egypt.

Trump says he will hold off on fresh Iran attack in hope of a quick deal on nuclear threat, Hormuz

2026-08-02T13:44:03.000Z
The aftermath of an attack near the Ryazan oil refinery in Russia’s Ryazan region on May 15, amid the Russia-Ukraine conflict.

High fuel prices to endure as global conflicts hit refining capacity, warn Exxon and Chevron

2026-08-02T07:51:48.000Z
Higher oil and gas prices, stronger liquefied natural gas and oil trading and improved chemicals margins helped support the Shell’s earnings.

Shell’s profit more than doubles to US$9.8 billion as US-Iran war boosts oil, gas prices

2026-07-30T07:55:05.000Z
Both Brent and US West Texas Intermediate crude have rallied this week as the US and Iran exchanged missile strikes.

Oil falls on report China pushing for end US-Iran war

2026-07-25T00:40:18.000Z
There were no visible very large crude carrier or liquefied natural gas tankers passing through the strait on Jul 21.

Hormuz vessel crossings fall further as security concerns linger amid US-Iran attacks

2026-07-22T04:11:18.000Z
In recent days both sides have taken aim at shipping traffic in the Strait of Hormuz.

Brent crude surpasses US$90 as US-Iran conflict escalates, highest in over a month

2026-07-20T06:47:40.000Z