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August 2026
According to the Energy Information Administration’s (EIA) August Short-Term Energy Outlook (STEO), U.S. oil production is expected to reach a record 13.8...
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August 2026
BP is selling off its offshore oil and gas assets in the North Sea due to punitive UK taxes. BP pays an...
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August 2026
CNBC reports that the 60-day ceasefire between the United States and Iran ended on August 17, with no official negotiations or a...
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August 2026
The Jones Act of 1920 requires that ships engaged in domestic U.S. maritime trade be built, owned, crewed, and flagged in the...
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August 2026
Petroleum remains the largest single source of energy Americans consume, and still powers roughly 90 percent of the fuel that moves the country's cars, trucks, ships,...
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August 2026
Oil majors warn of a continuing tight market for petroleum products due to a lack of global refinery capacity as the Ukraine...
