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QatarEnergy is preparing to further extend force majeure on liquefied natural gas shipments through mid-October, according to people with knowledge of the matter.
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Equinor and its partners made a new oil discovery that they are now considering developing via existing infrastructure in the Johan Castberg field on Norway's side of the Barents Sea.
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Repsol reported EUR 1.84 billion in adjusted net income for the second quarter, up 207 percent year-on-year due to a spike in oil prices.
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Oil is rocketing towards $100 per barrel, adding more than $14 in just a week.
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TotalEnergies announced a dividend of EUR 0.9 per share for the second quarter, up 5.9 percent from the same three-month period last year, and a new share buyback program of up to $1.5 billion for Q3, as higher oil prices continue to lift earnings.
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UK Prime Minister Andy Burnham has selected his energy team.
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The militant group in Yemen, who have been threatening to open another front in the Iran war, said they had targeted two oil tankers in the Red Sea.
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Brent settled above $94 as traders weighed growing geopolitical risks and the potential for prolonged supply disruptions.
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Power blackouts hit energy-rich North Africa from Libya to Tunisia and Algeria.
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Ships continue to turn away from the Red Sea's southern end, after Houthi rebels announced an embargo on Saudi exports through the Bab el-Mandeb Strait, which has become a lifeline for oil exports since the start of the U.S.-Israeli war with Iran.
