KEYFACTSEnergy News

https://www.keyfactsenergy.com/news/

Woodside Revenue Up QoQ

2 August 2026, 11:00am
The Australian LNG-focused producer reported $4.19 billion in revenue for the second quarter, up 28 percent from the prior three-month period on higher prices.
Read more... (source: www.rigzone.com)

UAE to Overhaul How It Prices All Crude Oil

1 August 2026, 12:00pm
Abu Dhabi National Oil Co., the UAE's state oil company, said it would change how it prices its crude oil grades.
Read more... (source: www.rigzone.com)

Brent Caps Strongest Month Since March

31 July 2026, 9:03pm
Oil finished July with its strongest monthly gain since March as geopolitical conflicts raised concerns about global crude supplies.
Read more... (source: www.rigzone.com)

Exxon, Chevron Steer Blowout Profits into Debt Reduction

31 July 2026, 8:00pm
ExxonMobil Holdings Corp. and Chevron Corp. plowed blowout profits into debt reduction rather than huge buyback increases.
Read more... (source: www.rigzone.com)

Chevron Posts Record Profit

31 July 2026, 3:10pm
Chevron Corp. posted record second-quarter results that outperformed expectations.
Read more... (source: www.rigzone.com)

USA Crude Oil Stocks Drop More Than 7MM Barrels WoW

31 July 2026, 2:38pm
Crude oil stocks, not including the SPR, stood at 404.5 million barrels on July 24, the EIA's latest weekly petroleum status report showed.
Read more... (source: www.rigzone.com)

DOE, Private Partners Launch $100B Data Center Project in Kentucky

31 July 2026, 2:18pm
'Once fully constructed in 2032, the campus will support up to 1.8 gigawatts (GW) of utility capacity and over 1.2 GW of compute capacity - backed by up to 4.6 GW of dedicated generation resources paid for and built specifically for the project'.
Read more... (source: www.rigzone.com)

China's crude oil imports fell in the second quarter

31 July 2026, 2:00pm
China, the world's largest importer of crude oil, imported less crude oil in the second quarter of 2026 (2Q26) following higher crude oil prices that resulted from disrupted flows through the Strait of Hormuz. China's lower imports reduced global demand, softening the upward price effects from the disrupted supply through the strait.
Read more... (source: www.eia.gov)

Ukraine Says It Attacked Lukoil Refinery

31 July 2026, 2:00pm
Ukraine struck one of Russia's largest oil refineries.
Read more... (source: www.rigzone.com)

Industry Groups Welcome SENRC Approval of License to Drill Act

31 July 2026, 11:28am
'S.5039 reauthorizes a long-standing policy that is an important framework for federal land producers', Dan Naatz, IPAA EVP and Chief Policy Officer, said.
Read more... (source: www.rigzone.com)

Shell Divests Aphrodite Stake to Hungary's MOL

31 July 2026, 11:25am
'Our decision to exit is driven by disciplined capital allocation and portfolio choices, as we focus on opportunities that strengthen our integrated LNG value chain'.
Read more... (source: www.rigzone.com)

Oil Down, Still on Track for 20 Pct Monthly Gain

31 July 2026, 10:13am
Both Brent and West Texas Intermediate oil prices were down on Friday but still on track for notable monthly gains, Naeem Aslam, CIO at Zaye Capital Markets, outlined.
Read more... (source: www.rigzone.com)

BP Launches Sale of North Sea Business

31 July 2026, 9:59am
'The decision forms part of BP's ongoing portfolio review and reflects its disciplined approach to capital allocation - all in service of creating a simpler, stronger and more valuable company'.
Read more... (source: www.rigzone.com)

Saudis Propose to Lead Maritime Security Alliance

31 July 2026, 7:37am
Saudi Arabia discussed with military representatives of 43 countries the formation of a multinational alliance charged with protecting maritime navigation, hoping to counter a blockade the Houthis imposed on the kingdom.
Read more... (source: www.rigzone.com)

Saudi Gulf Oil Loadings Still Subdued

30 July 2026, 9:00pm
Oil loadings by Saudi Arabia and other major producers inside the Persian Gulf remained subdued.
Read more... (source: www.rigzone.com)

Oil Drops Amid Mixed Supply Signals

30 July 2026, 7:47pm
Oil prices fell as increased shipping through the Strait of Hormuz offset escalating geopolitical tensions.
Read more... (source: www.rigzone.com)

BP Starts Up US Gulf Expansion Project

30 July 2026, 3:16pm
BP has raised the production capacity of the Atlantis deepwater field by 10,000 barrels of oil equivalent a day.
Read more... (source: www.rigzone.com)

Eni Opens Supercomputing Capabilities to 'Innovation Ecosystem'

30 July 2026, 2:45pm
Eni announced that it is opening up its supercomputing capabilities to the 'innovation ecosystem'.
Read more... (source: www.rigzone.com)

Petrobras Squeezes More Oil from Mega Platforms

30 July 2026, 2:36pm
Brazil's national oil company is producing more than the designed capacities of offshore platforms deployed at Buzios and other deepwater fields.
Read more... (source: www.rigzone.com)

Ksi Lisims Positions Canada as Long-Term LNG Supplier to Germany

30 July 2026, 1:30pm
'This milestone marks the first major long-term LNG supply arrangement between Canada and Germany and represents a significant step in strengthening the strategic energy partnership between both countries'.
Read more... (source: www.rigzone.com)

USA Gasoline Shows Rising Price Trend

30 July 2026, 12:02pm
The U.S. Energy Information Administration's latest gasoline fuel update showed a rising price trend for U.S. regular gasoline.
Read more... (source: www.rigzone.com)

Lower crude oil prices reduced U.S.-Canada energy trade value in 2025

29 July 2026, 2:00pm
The value of energy trade between the United States and Canada fell by 11% in 2025 to an estimated $137 billion, according to data from the U.S. Census Bureau. Energy trade value is the total value of energy imports and exports between two countries and is driven by commodity volumes and prices. Most of the U.S.-Canada trade value is U.S. energy imports from Canada—$111 billion in 2025—rather than from U.S. energy exports to Canada, which totaled $26 billion last year. Crude oil accounts for the largest component of U.S.-Canada energy trade, making up 69% of the total value traded in 2025.
Read more... (source: www.eia.gov)

Hybrid sales rise while battery electric sales remain lower after tax credit expiration

27 July 2026, 2:00pm
In the second quarter of 2026 (2Q26), 24% of new light-duty vehicles sold in the United States were hybrid electric, battery electric, or plug-in hybrid electric vehicles, up from 22% in 2Q25. Between 2Q25 and 2Q26, hybrid electric vehicles continued to gain market share, reaching a record 16% of light-duty vehicle sales. The market shares of battery electric and plug-in hybrid electric vehicles decreased, according to estimates from Omdia. In 2Q26, battery electric vehicle sales were 6% of new light-duty vehicles sold, down from 7% in 2Q25; plug-in hybrid electric vehicle sales fell from 1.9% to 1.4% over the same period.
Read more... (source: www.eia.gov)