Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator
(Oil & Gas 360) – OKLAHOMA CITY & HOUSTON–(BUSINESS WIRE)– Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The
Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator
(Oil & Gas 360) – OKLAHOMA CITY & HOUSTON–(BUSINESS WIRE)– Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap
Trump launches $12 billion minerals stockpile to boost US manufacturing, counter China
(Investing) – U.S. President Donald Trump is set to launch a strategic critical
Exxon affiliate Imperial to end Canada’s Norman Wells oil production in 2026
(World Oil) – Imperial, a majority-owned affiliate of ExxonMobil, said it will end hydrocarbon
From Ambition to Execution: How Europe’s Decarbonisation Agenda Performs on the Project Level
(Oil & Gas 360) – Europe positions itself as the global driver of
Trump launches $12 billion minerals stockpile to boost US manufacturing, counter China
(Investing) – U.S. President Donald Trump is set to launch a strategic critical minerals stockpile with $12 billion in seed money from the U.S. Export-Import Bank, a Trump administration official familiar with the plan said. The investment marks Washington’s latest attempt
Exxon affiliate Imperial to end Canada’s Norman Wells oil production in 2026
(World Oil) – Imperial, a majority-owned affiliate of ExxonMobil, said it will end hydrocarbon production at its Norman Wells operations in Canada’s Northwest Territories in the third quarter of 2026, as the field reaches the end of its productive life. The decision follows continued
From Ambition to Execution: How Europe’s Decarbonisation Agenda Performs on the Project Level
(Oil & Gas 360) – Europe positions itself as the global driver of the decarbonisation agenda. Ambitious targets, regulatory reform and large-scale public funding define the direction. Yet behind the strategy, project pipelines narrow, execution slows down and many initiatives struggle
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Weekly Inventories
U.S. crude oil inventories decrease by 2.3 million barrels
Weekly Crude Oil Storage as of January 23, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories decrease by 242 Bcf
Natural Gas Inventories as of January 23, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count decreased by 1 is at 543
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count
