Oil and Gas This Week | July 31 2026 | Ep 407

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology On behalf of the LaCour family, it with deep sadness and a heavy heart that we announce the passing of Mark’s bother, Michael James LaCour. Michael’s obituary can be viewed here: https://charletfuneralhome.com/book-of-memories/5741178/LaCour-Michael/index.php Brought to you on OGGN, the largest and most listened to podcast network […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology Gulf-to-China Supertanker Rates Hit $510,000 a Dayhttps://oilprice.com/Latest-Energy-News/World-News/Gulf-to-China-Supertanker-Rates-Hit-510000-a-Day.html Tankers U-Turn at Hormuz as Iran Tightens Its Griphttps://oilprice.com/Latest-Energy-News/World-News/Tankers-U-Turn-at-Hormuz-as-Iran-Tightens-Its-Grip.html Houthis Claim Third Attack on Saudi Aramco Refinery in Two Weekshttps://oilprice.com/Latest-Energy-News/World-News/Houthis-Claim-Third-Attack-on-Saudi-Aramco-Refinery-in-Two-Weeks.html The Case for Britain Backing Its North Sea Oil and Gas Industryhttps://oilprice.com/Energy/Energy-General/The-Case-for-Britain-Backing-Its-North-Sea-Oil-and-Gas-Industry.html AFPM Applauds Senate Introduction of […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology U.S. Gulf lease sale draws $82.7 million in high bids from 16 companieshttps://www.worldoil.com/news/2026/8/12/u-s-gulf-lease-sale-draws-82-7-million-in-high-bids-from-16-companies/ Crude Steady as Iran Risks Persisthttps://www.rigzone.com/news/wire/crude_steady_as_iran_risks_persist-12-aug-2026-184362-article/ USA Oil, Gas Workforce Hits Lowest Level in Yearshttps://www.rigzone.com/news/usa_oil_gas_workforce_hits_lowest_level_in_years-12-aug-2026-184361-article/ Phillips 66, Partners Sanction Texas to Arizona Oil Pipeline Projecthttps://www.rigzone.com/news/phillips_66_partners_sanction_texas_to_arizona_oil_pipeline_project-12-aug-2026-184357-article/ Alpha Compute plans 1-GW Pennsylvania AI […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology See a photo of Mark wearing the NavVis VLX LiDAR Scanner! Oil prices slide as U.S. and Iran pause strikes to give ‘space’ for diplomacyhttps://www.nbcnews.com/world/iran/oil-prices-slide-us-iran-pause-strikes-trump-diplomacy-hormuz-red-sea-rcna589383 Baker Hughes flags lower spending by oil and gas producers in 2026https://www.oilandgas360.com/baker-hughes-flags-lower-spending-by-oil-and-gas-producers-in-2026/ First jacket for BP’s $7 billion gas […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology Drone Strike Shuts Russia’s Largest Refinery as Fuel Shortages Worsenhttps://oilprice.com/Latest-Energy-News/World-News/Drone-Strike-Shuts-Russias-Largest-Refinery-as-Fuel-Shortages-Worsen.html US Cancels Oil Waiver and Strikes Iran Anewhttps://www.rigzone.com/news/wire/us_cancels_oil_waiver_and_strikes_iran_anew-08-jul-2026-184083-article/ SpaceX Plans Texas Gas Pipeline to Fuel Starship Launcheshttps://pgjonline.com/news/2026/june/spacex-plans-texas-gas-pipeline-to-fuel-starship-launches Oil Rockets Higher as Trump Declares Iran Ceasefire Overhttps://www.rigzone.com/news/oil_rockets_higher_as_trump_declares_iran_ceasefire_over-08-jul-2026-184086-article/ Bahrain and Kuwait Restore Power After Iranian Attackshttps://oilprice.com/Latest-Energy-News/World-News/Bahrain-and-Kuwait-Restore-Power-After-Iranian-Attacks.html […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology Exxon Mobil (XOM) Is Moving Its Legal Home To Texas In 2026https://finance.yahoo.com/energy/articles/exxon-mobil-xom-moving-legal-161236474.html Oil prices ease after spiking over halt to Strait of Hormuz evacuation planhttps://www.aljazeera.com/economy/2026/6/26/oil-prices-climb-after-attack-in-strait-of-hormuz-halts-evacuation-plan Energy Prices Drive U.S. Inflation To Three-Year Highhttps://oilprice.com/Latest-Energy-News/World-News/Energy-Prices-Drive-US-Inflation-To-Three-Year-High.html War Erases 1B Barrels of Cumulative Oil Supply from Markethttps://www.rigzone.com/news/war_erases_1b_barrels_of_cumulative_oil_supply_from_market-10-jun-2026-183892-article/ BP […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology Mark and Paige record live from the 2026 Annual PIP Conference: The Wisdom Loop Kuwait Says Oil Output Won’t Recover for 10-12 Weeks After Hormuz Reopenshttps://oilprice.com/Latest-Energy-News/World-News/Kuwait-Says-Oil-Output-Wont-Recover-for-10-12-Weeks-After-Hormuz-Reopens.html Russia’s China Energy Lifeline Is Becoming a Noosehttps://oilprice.com/Energy/Natural-Gas/Russias-China-Energy-Lifeline-Is-Becoming-a-Noose.html TETRA Prices $100 Million Stock Offering to Fund Arkansas Bromine […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology BP shares fall after board removes chairman Albert Manifold over ‘serious’ conduct concernshttps://www.cnbc.com/2026/05/26/bp-chair-albert-manifold-removed-conduct-governance-issues.html Oil prices dip amid reports of tentative US-Iran dealhttps://www.msn.com/en-us/news/politics/oil-prices-dip-amid-reports-of-tentative-us-iran-deal/ar-AA24iVeH?ocid=hpmsn&cvid=6a18bd57d3d2498eaab1271297c9c482&ei=28 Brazil sets clock for next two oil and gas bid roundshttps://www.upstreamonline.com/exploration/brazil-sets-clock-for-next-two-oil-and-gas-bid-rounds/2-1-1994001 ExxonMobil close to deal to return to Venezuela: reporthttps://www.upstreamonline.com/field-development/exxonmobil-close-to-deal-to-return-to-venezuela-report/2-1-1993394 US oil […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology Gasoline Prices Jump Across All 50 Stateshttps://www.rigzone.com/news/gasoline_prices_jump_across_all_50_states-05-may-2026-183610-article/ ConocoPhillips Beats Profit Estimates for Q1https://www.rigzone.com/news/conocophillips_beats_profit_estimates_for_q1-05-may-2026-183613-article/ GlobalData Identifies ‘Top’ Oil, Gas Themes for 2026https://www.rigzone.com/news/globaldata_identifies_top_oil_gas_themes_for_2026-05-may-2026-183607-article/ TA’ZIZ secures $28.5 B in agreements to expand UAE’s chemicals infrastructurehttps://www.hydrocarbonprocessing.com/news/2026/05/taziz-secures-285-b-in-agreements-to-expand-uaes-chemicals-infrastructure/ Automatic Pig Valve Launchers Enable Simplified Pigging Automation for Remote Pipelineshttps://pgjonline.com/magazine/2026/april-2026-vol-253-no-4/features/automatic-pig-valve-launchers-enable-simplified-pigging-automation-for-remote-pipelines Trump […]

Sponsored by NavVis – Laser Scanning Solutions & Digital Twin Technology What a UAE exit from OPEC means and why it mattershttps://www.foxbusiness.com/fox-news-world/what-uae-exit-from-opec-means-why-matters Woodside, Greenpeace Reach Settlement in Greenwashing Casehttps://www.rigzone.com/news/woodside_greenpeace_reach_settlement_in_greenwashing_case-22-apr-2026-183510-article/ Venezuela’s Orinoco Belt is an Environmental Nightmarehttps://oilprice.com/Energy/Energy-General/Venezuelas-Orinoco-Belt-is-an-Environmental-Nightmare.html Russia Reopens Pipeline to Europe While Cutting Off Kazakh Oil to Germanyhttps://oilprice.com/Energy/Energy-General/Russia-Reopens-Pipeline-to-Europe-While-Cutting-Off-Kazakh-Oil-to-Germany.html Colombia’s Oil Industry Eyes Comeback as $100 […]