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A service for energy industry professionals · Sunday, August 9, 2026 · 932,963,799 Articles · 3+ Million Readers
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  • Published on Aug 6, 2026

    Westwood Insight – Offshore Field Development Capex to Reach US$137bn in 2026

    Global offshore field development capex is forecast to reach US$137 billion in 2026 as operators double down on long-cycle projects. Despite geopolitical disruption and oil price volatility, operators have remained committed to long-cycle offshore …

    Source: Hellenic Shipping News - Neutral
  • Published on Aug 3, 2026

    Big Oil Companies Report Record Profits Amid High Oil Prices

    We are still in the early innings of the earnings season, with roughly a third of S&P 500 companies having returned their second quarter scorecards. And, it’s shaping up to be yet another bumper earnings season: according to FactSet data, 86% of those …

    Source: Oil Price - Neutral
  • Published on Aug 4, 2026

    Exxon CEO delivers blunt message on gas prices

    I have covered the energy market's evolution through the Iran-Iraq War, from Chevron CEO Mike Wirth's early warnings about depleting buffers to Shell's CEO describing the diesel and gasoline squeeze that emerged as refineries pivoted to jet …

    Source: Yahoo Finance - Center-left
  • Published on Aug 2, 2026

    Suriname's $26 Billion Oil Bet Is Finally Paying Off

    Middle East turmoil, centered on the U.S. war with Iran, is playing havoc with world energy markets. An ongoing dispute over access to the Strait of Hormuz, through which a fifth of world oil and natural gas supply is shipped, is causing prices to surge. …

    Source: Oil Price - Neutral
  • Published on Jul 31, 2026

    Seatrium more than doubles H1 net profit, sees Iran war driving demand for floating LNG solutions

    The company is looking at tenders for floating storage regasification units as energy security needs grow [SINGAPORE] Offshore and marine player Seatrium’s net profit surged 158.3 per cent to S$372.9 million for the first half ended Jun 30, boosted by a S$ …

    Source: The Business Times Singapore - Neutral
  • Published on Aug 7, 2026

    Petrobras Profit Tops Estimates

    Brazilian oil producer Petrobras outperformed expectations after supply disruptions stemming from the US-Iran conflict lifted second-quarter prices for crude, gasoline and diesel. The state-controlled driller’s 93.8 billion reais ($18.4 billion) in …

    Source: Rigzone - Neutral
  • Published on Jul 30, 2026

    Petrobras Squeezes More Oil from Mega Platforms

    Brazil’s national oil company is producing more than the designed capacities of offshore platforms deployed at Buzios and other deep-water fields, helping to push its output to a record high as the Iran war squeezes global supply. Rio de Janeiro-based …

    Source: Rigzone - Neutral
  • Published on Aug 4, 2026

    Trust in Strait of Hormuz will take time to rebuild: ExxonMobil CEO

    Trust in the safety of the Strait of Hormuz will take time to repair, even after the conflict between the US and Iran is eventually resolved, ExxonMobil chief executive Darren Woods said on Friday. Speaking to analysts on the US supermajor’s quarterly …

    Source: Upstream - Neutral
  • Published on Jul 31, 2026

    Exxon Mobil Q2 profit more than doubles to $14.5 billion as higher energy prices boost earnings

    Exxon Mobil on Friday reported a 105% year-on-year (YoY) jump in second-quarter net profit to $14.53 billion, while revenue climbed 42% to $116.02 billion. The strong performance came as elevated crude oil prices, driven by the conflict between the US and …

    Source: Mint - Neutral
  • Published on Jul 27, 2026

    Portugal’s Galp Raises Outlook After 45% Profit Jump

    Portuguese energy company Galp Energia posted a 45% jump in second-quarter adjusted net profit on Monday, boosted by higher oil output in Brazil and stronger crude prices and refining margins brought on by Iran war supply disruptions. The company raised …

    Source: Offshore Engineer News - Neutral
  • Published on Jul 27, 2026

    Lunch Wrap: Tech lifts ASX over 1pc as Evolution pounces on Carnaby

    Evolution pounces on Carnaby. Pic: Getty Images ASX jumps as oil chills out Tech leads the index in morning trade Carnaby rockets on Evolution bid   The S&P/ASX 200 was up 1.1% by lunchtime on Monday in Sydney, as investors walked back into risk …

    Source: Stockhead - Neutral
  • Published on Jul 27, 2026

    Tech lifts ASX, Evolution grabs Carnaby

    ASX jumps as oil chills out Tech leads the index in morning trade Carnaby rockets on Evolution bid The S&P/ASX 200 was up 1.1% by lunchtime on Monday in Sydney, as investors walked back into risk assets. The US and Iran have spent the past couple …

    Source: Townsville Bulletin - Center-right
  • Published on Jul 10, 2026

    Northern Technologies International Q3 Earnings Call Highlights

    Northern Technologies International (NASDAQ:NTIC) reported record consolidated sales for its fiscal 2026 third quarter, but higher raw material costs tied to Middle East shipping disruptions pressured margins and pushed the company to a quarterly loss, …

    Source: Nasdaq - Neutral
  • Published on Jul 11, 2026

    Nord Stream Loses Landmark Insurance Case as War Exclusion Prevails

    By Editorial Dept - Jul 10, 2026, 6:30 AM CDT Politics, Geopolitics & Conflict A UK High Court ruling has ended Nord Stream AG’s attempt to recover $662 million in insurance claims from the September 2022 sabotage of the Nord Stream 1 gas pipeline, …

    Source: Oil Price - Neutral
  • Published on Jul 17, 2026

    US dollar set for a strong second half of the year: Bank of America

    The US dollar (DX-Y.NYB) has had a strong start to the year. Driven by booming foreign demand for US tech exposure and expectations of higher-for-longer interest rates, the greenback has appreciated roughly 2.5% against a basket of other major currencies. …

    Source: Yahoo Finance - Center-left
  • Published on Jul 17, 2026

    US dollar set for a strong second half of the year, Bank of America says

    The US dollar (DX-Y.NYB) has had a strong start to the year. Driven by booming foreign demand for US tech exposure and expectations of higher-for-longer interest rates, the greenback has appreciated roughly 2.5% against a basket of other major currencies. …

    Source: AOL - Neutral
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  • Published on August 6, 2026 - 05:01 GMT

    SBM Offshore Half Year 2026 Earnings

    Amsterdam, August 6, 2026 Highlights 112% increase in year-to-date Directional1 revenue of US$4.9 billion 92% increase in year-to-date Directional EBITDA of US$1.3 billion Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net …

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  • Published on August 6, 2026 - 20:30 GMT

    VAALCO Energy, Inc. Announces Second Quarter 2026 Results

    HOUSTON, Aug. 06, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) today reported operational and financial results for the second quarter 2026. Additionally, the Company provided operational and financial …

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