XRG expands Rio Grande LNG stake, now invested across all five trains
(World Oil) – XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, expanding its ownership across all five liquefaction trains currently under construction
XRG expands Rio Grande LNG stake, now invested across all five trains
(World Oil) – XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, expanding its ownership across all five liquefaction trains currently under construction at the export facility. The company
The era of cheap U.S. natural gas may be coming to an end
(Oil Price) – U.S. natural gas prices are set to rise through 2035,
Superior Energy to acquire Sonic in production equipment expansion
(World Oil) – Superior Energy Services has entered into a definitive agreement to acquire Sonic
Fear of an oil glut may be overblown, top consultancy says
(Oil Price) – Up to 75% of the previous oil flows through the
The era of cheap U.S. natural gas may be coming to an end
(Oil Price) – U.S. natural gas prices are set to rise through 2035, following a decade of low Henry Hub prices, as the AI data center boom and the expansion of U.S. LNG export infrastructure will underpin strong demand, analysts at
Superior Energy to acquire Sonic in production equipment expansion
(World Oil) – Superior Energy Services has entered into a definitive agreement to acquire Sonic Holdings, LLC, expanding its production equipment and wellsite services portfolio with the addition of a provider of electric feed-through technologies, drilling wellheads and aftermarket services. Financial terms of
Fear of an oil glut may be overblown, top consultancy says
(Oil Price) – Up to 75% of the previous oil flows through the Strait of Hormuz are expected to return to the market by the end of the year, but significantly lower oil prices aren’t guaranteed for 2027 as the ongoing
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 3.8 million barrels
Weekly Crude Oil Storage as of June 26, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 87 Bcf
Natural Gas Inventories as of June 26, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 7, is at 580
This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count
