Global Energy Report

Energy news for July 15, 2026

July 15, 2026 · 4 stories

4 stories from across geopolitics & supply and markets. The day led with BLM lease sale in Montana and the Dakotas raises $130 million.

Policy

BLM lease sale in Montana and the Dakotas raises $130 million

The Bureau of Land Management leased 63 parcels for $130,207,102.

Upstream

DeepOcean removes 100-tonne wellhead structure from Seven Seas field

DeepOcean recovered a wellhead protection structure at Spirit Energy's Seven Seas field and disconnected subsea gear at Grove West, ahead of a rig campaign.

Geopolitics & Supply

Brent crude swung from $72 to $118 a barrel in the second quarter, EIA says

Brent crude ranged from $72 to $118 a barrel in the second quarter as Strait of Hormuz disruptions squeezed global oil supply, the EIA said.

Markets

OPEC's Charter of Cooperation committee holds first meeting, draws 20-plus nations

OPEC's Charter of Cooperation held its first Technical Committee meeting in Baku, drawing over 20 countries to set a workplan.

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