Oil prices fall but remain near one-month highs amid Gulf tensions
By 08:08 GMT on 16 July, Brent crude had fallen by $0.58 to $84.37/bbl, while US WTI had slipped $0.18 to $79.42/bbl.
16 July 2026
16 July 2026
By 08:08 GMT on 16 July, Brent crude had fallen by $0.58 to $84.37/bbl, while US WTI had slipped $0.18 to $79.42/bbl.
The contract is part of a multibillion-dollar agreement connected to one of the world’s largest unconventional gas development initiatives.
Shell is planning to begin a four-well campaign at Dragon in Q2 2027.
The order covers four SGT-750 gas turbines and mixed-refrigerant compressors for an FLNG vessel to be located off the coast of Louisiana, US.
This episode of Energy Technology’s asks how AI and automation are shaping biofuel refining, in conversation with Honeywell Process and Automation.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.