Day: July 18, 2026

ConocoPhillips to Buy 42% Stake in BP’s Iraq Kirkuk Oil Venture

Energy News Beat In a significant move strengthening U.S. energy ties with Iraq, ConocoPhillips has agreed to acquire a 42% interest in BP Energy Company of Kirkuk Limited (BP ECKL), the contractor entity overseeing the redevelopment of major oil fields in northern Iraq’s Kirkuk region. BP will retain the remaining 58% majority stake. The deal, […]

WellDatabase Weekly Rig Report for July 18, 2026: US Rig Count Climbs Up 11 with Strong Horizontal and Oil Activity

Energy News Beat The latest WellDatabase US Rig Report (dated July 18, 2026) shows the U.S. active drilling rig count at 567, marking a solid +11 week-over-week (WoW) increase and +37 year-over-year (YoY) gain. This reflects resilient drilling activity amid a stable-to-rising trend over the past 12 months, with the count holding in the mid-to-high […]

Wyoming Wind Turbines Killed More Than 23,000 Birds And Bats Last Year

Energy News Beat ENB Pub Note: Personally, we would like to know why it is that farmers go to jail for killing a single eagle that is killing their animals, but windfarms can eviscerate entire flocks. This story first ran on Cowboy State Daily, and we recommend subscribing to them for their great articles. ‘ […]

EU Triples Down on Net Zero: Parliament and Commission Push Absurd, Destructive Policies

Energy News Beat This week, the European Union doubled (or tripled) down on its net-zero agenda with a flurry of proposals that critics describe as micro-managed, unrealistic, and dangerously detached from energy system realities. From a sweeping electrification mandate to tweaks in carbon pricing and selective delays on enforcement, Brussels continues to prioritize targets over […]

Oil and Gas Markets are rebalancing

Energy News Beat Energy News Beat Stand Up – Buckle Up – 10 Huge Stories Welcome to the Energy News Beat Standup, where host Stu Turley breaks down the 10 biggest energy stories reshaping global markets. In this episode, we dive into a world in flux: Russia’s refining capacity is crumbling under Ukrainian drone strikes, […]