bp adds TPAO to Kirkuk oil field redevelopment partnership in Iraq
(World Oil) – bp has agreed to bring Türkiye Petrolleri Anonim Ortaklığı (TPAO) into its Kirkuk redevelopment project in northern Iraq, with the Turkish national oil company acquiring a 15% interest in BP Energy Company of Kirkuk Limited (BP ECKL).
bp adds TPAO to Kirkuk oil field redevelopment partnership in Iraq
(World Oil) – bp has agreed to bring Türkiye Petrolleri Anonim Ortaklığı (TPAO) into its Kirkuk redevelopment project in northern Iraq, with the Turkish national oil company acquiring a 15% interest in BP Energy Company of Kirkuk Limited (BP ECKL). The agreement, signed during Iraqi Prime
Oil jumps 7% as Trump threatens Iran hours before Fed decision
(Oil Price) – Oil prices surged more than 7% on Wednesday as renewed
Germany’s Uniper firms up 20-year LNG purchase deal with Canada
(BOE Report) – German state-controlled energy group Uniper on Wednesday finalised a
PetroChina weighs LNG Canada stake sale to fund Phase 2 expansion
(World Oil) – PetroChina Co. is weighing options to sell part of its
Oil jumps 7% as Trump threatens Iran hours before Fed decision
(Oil Price) – Oil prices surged more than 7% on Wednesday as renewed U.S.-Iran hostilities and fresh threats to shipping through the Bab el-Mandeb pushed WTI above $84 and Brent toward $90, confronting the Federal Reserve with another inflation shock just
Germany’s Uniper firms up 20-year LNG purchase deal with Canada
(BOE Report) – German state-controlled energy group Uniper on Wednesday finalised a 20-year liquefied natural gas purchase deal with Canada as the two nations deepen their partnership. In a preliminary deal in June, Uniper took initial steps to secure 2
PetroChina weighs LNG Canada stake sale to fund Phase 2 expansion
(World Oil) – PetroChina Co. is weighing options to sell part of its shares in LNG Canada Development Inc. to help fund a planned expansion, according to people familiar with the matter. The Chinese state-owned energy giant is working with an adviser to
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 7.2 million barrels
Weekly Crude Oil Storage as of July 24, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 32 Bcf
Natural Gas Inventories as of July 17, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 1, is at 587
This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count
