Trump withholds Venezuelan oil approval for non-U.S. majors
(World Oil) – The Trump administration is withholding approval for several Western oil majors seeking to operate in Venezuela, ramping up pressure on Nicolás Maduro’s government even as Chevron Corp. is allowed to work there,
Trump withholds Venezuelan oil approval for non-U.S. majors
(World Oil) – The Trump administration is withholding approval for several Western oil majors seeking to operate in Venezuela, ramping up pressure on Nicolás Maduro’s government even as Chevron Corp. is allowed to work there, according to people familiar with the
Thank you for making our 30th Anniversary EnerCom Denver-The Energy Investment Conference a success!
Thanks to you, EnerCom Denver – The Energy Investment Conference® continues its
US resumes imports of Venezuelan oil under new license to Chevron
(BOE Report) – Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters
ConocoPhillips signs 20-year LNG purchase agreement with Sempra
(World Oil) – ConocoPhillips has signed a long-term sales and purchase agreement
Thank you for making our 30th Anniversary EnerCom Denver-The Energy Investment Conference a success!
Thanks to you, EnerCom Denver – The Energy Investment Conference® continues its legacy as the longest-running energy investment conference, and we look forward to many more years together. This year’s 30th anniversary event was one of our best yet. Your
US resumes imports of Venezuelan oil under new license to Chevron
(BOE Report) – Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country’s oil following a new license granted by Washington, vessel tracking data showed. The U.S. Treasury Department
ConocoPhillips signs 20-year LNG purchase agreement with Sempra
(World Oil) – ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project under development by Sempra Infrastructure. Under
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 3 million barrels
Weekly Crude Oil Storage as of August 8, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3 million barrels from the previous week. At 426.7 million barrels, U.S. crude oil inventories are 6%
Weekly Gas Storage: Inventories increase by 13 Bcf
Natural Gas Inventories as of August 15, 2025 The EIA has released its natural gas inventory report, showing a net increase of 13 Bcf as of August 15, 2025. Working gas in storage was 3,199 Bcf as of Friday, August
U.S. rig count decreased by 1 is at 538
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count of 538 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 180
