360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – This week’s energy narrative was one of calibrated markets rather than dramatic shifts. Price forecasts got a lift from inventory dynamics, asset transactions continued, legal risks edged back
360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – This week’s energy narrative was one of calibrated markets rather than dramatic shifts. Price forecasts got a lift from inventory dynamics, asset transactions continued, legal risks edged back into the conversation, and policy tensions
Venezuela cancels Halliburton asset sale after U.S. intervention to support oil sector restart
(World Oil) – Venezuela canceled an auction of assets seized from Halliburton Co.
Gulf oil producers open the taps as Iran risk premium builds
(Oil Price) – As U.S.-Iran tensions climb and talk of a potential strike
Greenland Energy advances 2026 Arctic drilling campaign with logistics agreement
(World Oil) – Pelican Acquisition Corporation and Greenland Exploration Ltd., which are in the process
Venezuela cancels Halliburton asset sale after U.S. intervention to support oil sector restart
(World Oil) – Venezuela canceled an auction of assets seized from Halliburton Co. after the Trump administration intervened to stop the sale, as President Donald Trump seeks to smooth the return of U.S. oil companies to the South American country. U.S.
Gulf oil producers open the taps as Iran risk premium builds
(Oil Price) – As U.S.-Iran tensions climb and talk of a potential strike refuses to fade, the UAE and Saudi Arabia are already behaving as if an oil supply disruption is a matter of when, not if. If they move more
Greenland Energy advances 2026 Arctic drilling campaign with logistics agreement
(World Oil) – Pelican Acquisition Corporation and Greenland Exploration Ltd., which are in the process of combining to form Greenland Energy Company, have secured Arctic logistics support for planned drilling operations in the Jameson Land basin. The companies announced a strategic agreement with Canadian maritime
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 16.0 million barrels
Weekly Crude Oil Storage as of February 20, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories decrease by 52 Bcf
Natural Gas Inventories as of February 20, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count decreased by 1, is at 550
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count
