Friday, November 28, 2025
French power giant EDF considers full sale of U.S. renewables unit- oil and gas 360

French power giant EDF considers full sale of U.S. renewables unit

(Oil Price) – EDF, the French state-controlled utility, considers selling up to 100% in its U.S. renewable energy business, the power giant’s chief executive Bernard Fontana told Reuters on Wednesday. Fontana, who was previously CEO at nuclear engineering company Framatome, among other

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Weekly Inventories

U.S. crude oil inventories increase by 2.8 million barrels

Weekly Crude Oil Storage as of November 21, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.8 million barrels from the previous week.  At 426.9 million barrels, U.S. crude oil inventories are 4%

Weekly Gas Storage: Inventories decrease by 14 Bcf

Natural Gas Inventories as of November 14, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 14 Bcf as of November 14, 2025. Working gas in storage was 3,946 Bcf as of Friday, November

U.S. rig count increased by 5 is at 554

This week’s Baker Hughes Rig Count shows that the U.S. increased by 5 last week, resulting in a total count of 554 rigs. Canada had an increase of 7 over last week, resulting in a total Canadian count of 195