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Applied Computing wants to offer oil and gas operators a plant-wide AI model | TechCrunch 0
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- July 16, 2026
Applied Computing, a London-based startup that is building a basic AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with participation from Databricks Ventures. Founded in 2023, the startup targets oil, gas, refining and petrochemical systems, where a single facility can have thousands
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Russian attacks kill six as Ukraine attacks Black Sea oil tankers 0
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- July 15, 2026
Six people were killed in Ukraine following overnight Russian attacks on the Black Sea port of Odessa and the eastern city of Sumy, according to local officials. The governor of the Odessa region, Oleh Kiper, said the “massive” drone and missile attack marked the fifth day Russia has attacked the region. Across the country, three
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Oil prices rise as fighting breaks out in the Middle East 0
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- July 14, 2026
Bangkok– Oil prices rose early Tuesday as fighting intensified in the Middle East, while Asian stocks were mixed as markets in Tokyo and Seoul recovered from early losses. The price of Brent crude oil rose more than 2.3% to $85.18 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude oil rose 2.5% to
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The United States launches attacks against Iran after the impact of oil tankers in the Strait of Hormuz 0

The United States has launched a series of strikes against Iran in response to attacks on three commercial ships in the Strait of Hormuz. The US Central Command (Centcom) said it had launched the attack on Wednesday, “to impose high costs for targeting and attacking commercial vessels manned by innocent people in an international waterway.”

Seven OPEC+ countries agree to modestly expand monthly oil production as prices fall 0

NEW YORK — A handful of countries in the OPEC+ oil-producing alliance plan to modestly increase output next month, which would put more oil on the market after fuel prices have fallen to levels not seen since before the U.S. and Israel’s war with Iran. The Organization of the Petroleum Exporting Countries and its allies,