U.S. President Donald Trump said talks with Iran will happen on Monday but declined to set a deadline for an agreement after earlier saying he had called off an imminent attack in hopes of quickly reaching a deal to reopen the Strait of Hormuz and resolve the impasse over Tehran's nuclear capabilities. Trump had said late on Saturday on his Truth Social platform that Iran and other Middle Eastern countries had asked for time to complete a deal that would lead to "the Immediate, Complete and [Read more]
Headlines
Washington state congressman wants spill response review for Alberta pipeline to B.C.
A congressman from Washington State says the U.S. Coast Guard should review and update oil spill response plans as news of a planned pipeline from Alberta to B.C. would increase oil tanker traffic in the Salish Sea. Rep. Rick Larsen says he sent a letter to a top U.S. Coast Guard official this week seeking details about co-ordination efforts around a Canada-U.S. pollution contingency plan. Larsen says the contingency plan is important after the announcement of a new oil pipeline from [Read more]
Negotiations between Iran and Oman over Hormuz in final stages, Tehran says
Negotiations between Iran and Oman over the Strait of Hormuz are in their final stages, Iran's Foreign Minister Abbas Araqchi said on Sunday, according to official news agency IRNA, after the U.S. said it had called of an attack on Iran to give room for diplomacy. (Reporting by Elwely Elwelly, Menna Ala El Din and Mohammad Al Gebaly; Editing by Andrew Heavens) [Read more]
Trump says he will hold off on fresh Iran attack in hope of quick deal
President Donald Trump has said the U.S. will hold off on a fresh attack on Iran as long as a deal can be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz. Trump said late on Saturday on his Truth Social platform that Iran and other Middle Eastern countries had asked for time to complete a deal that would lead to "the Immediate, Complete and Total" reopening of the vital strait and "an end to Iran's nuclear threat". He did not name the countries in the post, [Read more]
Tanker struck by projectile off Oman, UKMTO says
A tanker was struck by an unknown projectile about 11 nautical miles northeast of Lima, Oman, leaving it not under command after the engine room was damaged, the United Kingdom Maritime Trade Operations agency said on Saturday. UKMTO said there were "no reported casualties or environmental impact" from the incident. Lima is on Oman's Musandam Peninsula at the entrance to the Strait of Hormuz, a strategic shipping chokepoint linking the Gulf with the Gulf of Oman. (Reporting by Hatem Maher; [Read more]
Full stoppage of CPC not under consideration, Kazakh energy ministry says
Kazakhstan's energy ministry said on Saturday that a complete stoppage of the Caspian Pipeline Consortium's operations was not being considered and that the current situation was under control. The CEO of Chevron said on Friday that the pipeline is currently flowing and ships are loading this week, after CPC said it had suspended oil loadings on Thursday following a drone attack on a tanker. Chevron owns 50% of Tengizchevroil - the operator of the giant Tengiz oilfield and the major exporter [Read more]
Exxon, Chevron warn of continued high fuel prices from Iran war
Top U.S. oil producers ExxonMobil and Chevron warn that global supplies of diesel and other refined products will likely remain tight and lead to persistently high prices in the second half of the year as the Iran war continues to cause major energy disruptions. Both companies reported large jumps in second-quarter refining profits on Friday as declining fuel stockpiles combined with curtailed exports from China and refinery outages inRussia led to higher margins. "We're going to see some [Read more]
ROK Resources Announces the Closing of its Non-Core Southeast Saskatchewan Asset Disposition
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / July 31, 2026 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) is pleased to announce that further to its press release on June 23, 2026, it has successfully completed the previously announced disposition of certain non-core assets located in Southeast Saskatchewan to an arm's length purchaser for cash consideration of $8 million, subject to customary closing [Read more]
Chevron records highest quarterly profit in six years, beating analyst estimates
Chevron surpassed analyst estimates for second-quarter earnings on Friday, reporting its highest quarterly profit in at least six years as the U.S.-Israeli war with Iran disrupts world energy markets, boosting profits for the biggest oil companies. Adjusted earnings of $12 billion, or $6.06 per share, beat the average analyst estimate of $5.56 per share according to data compiled by LSEG. Chevron shares were up about 2% in premarket trading. The results mirrored those of European oil majors [Read more]
US energy firms add rigs for sixth time in seven weeks, says Baker Hughes
U.S. energy firms this week added rigs for a sixth time in seven weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, rose by one to 588 in the week to July 31. Baker Hughes said this week's increase puts the total rig count up 48 rigs, or 9% above this time last year. Baker Hughes said oil rigs rose by one to 451 this week, their highest since mid-July, while gas rigs held at 127 [Read more]
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