Oil & Gas 360 – Oil & Gas 360

EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025- oil and gas 360

Early bird registration ends soon for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

June 27, 2025

(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025, featuring a broad group of public and private energy companies at www.enercomdenver.com Limited presentation opportunities remain for E&P, Midstream, OFS, Energy Transition, Nuclear and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom’s multi-channel approach before,

Japan’s Tokyo Gas eyes long-term U.S. LNG supply deals amid rising demand

June 27, 2025

(World Oil) – Tokyo Gas Co. is in discussions with multiple U.S. liquefied natural gas suppliers to secure a long-term purchase agreement, as rising energy demand leaves Japan increasingly dependent on the fuel source. Japan’s largest gas distributor is in talks with at least four companies over supply from projects dotting the U.S. Gulf Coast, according to people with knowledge

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 7 is at 547

June 27, 2025

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 7 over last week, resulting in a total count of 547 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of 140 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions experienced an increase this week. Meanwhile,

US will not complete oil deliveries into its reserve until year-end

June 27, 2025

(BOE Report) – The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as much as seven months behind schedule, the Department of Energy said on Thursday. Former President Joe Biden’s administration scheduled 15.8 million barrels of deliveries to the SPR from January through May. So

Oil inches up on US demand strength; fading Mideast supply risks offset gains- oil and gas 360

Oil set for steepest weekly decline in two years as risk subsides

June 27, 2025

(Investing) – LONDON (Reuters) -Oil prices rose on Friday but were set for their steepest weekly decline since March 2023, as the absence of significant supply disruption from the Iran-Israel conflict saw any risk premium evaporate. Brent crude futures were up 42 cents, or 0.6%, to $68.15 a barrel at 1328 GMT, while U.S. West Texas Intermediate crude was up 51

U.S. shale producers unlikely to boost drilling despite Trump’s call

June 26, 2025

(World Oil) – U.S. shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to U.S. military strikes on Iran. Wary of being caught by yet another false start in global crude markets, U.S. oil companies are likely to use hedging contracts to lock

Why wind and solar alone can’t meet rising energy needs

June 26, 2025

(Oil Price) – Global energy demand rose by 2% last year with all sources of energy seeing upticks, the Energy Institute said in the latest edition of its annual Statistical Review of World Energy, previously compiled by BP. Oil, gas, and coal consumption increased modestly, at 1%, with oil demand specifically falling in China, by 1.2%. Global bas demand, however, expanded by 2.5%,

Enbridge says it would pitch new Alberta-B.C. pipeline only under right conditions

June 26, 2025

(BOE Report) – CALGARY – Canada’s biggest crude oil shipper says a lot needs to happen before it would propose a new pipeline to the West Coast. Alberta Premier Danielle Smith has said she wants to see a pipeline running from her province to the Port of Prince Rupert, B.C., so that more oilsands crude can be exported to Asia by

Shell denies WSJ report speculating bp takeover talks

June 26, 2025

(World Oil) – (Bloomberg) — Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival bp Plc. “This is further market speculation. No talks are taking place,” a Shell spokesperson said. bp surged as much as 10% in New York earlier on Wednesday on the report that it was in

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 96 Bcf

June 26, 2025

Natural Gas Inventories as of June 20, 2025 The EIA has released its natural gas inventory report, showing a net increase of 96 Bcf as of June 20, 2025. Working gas in storage was 2,898 Bcf as of Friday, June 20, 2025, according to EIA estimates. This represents a net increase of 96 Bcf from the previous week. Stocks were

Oil climbs as investors shift focus to demand signals, dollar weakens

June 26, 2025

(Investing) – NEW YORK -Oil prices rose on Thursday with investors focused on market fundamentals as crude and fuel inventories fell in the U.S. and the dollar sank to a multi-year low, while the market remained cautious about the Iran-Israel ceasefire. Brent crude futures were up $1.15, or 1.7%, to $68.83 a barrel at 11:37 a.m. EDT (1637 GMT). U.S. West Texas

Oklo enters strategic collaborations with Hexium and TerraPower to launch new pathway for domestic HALEU enrichment

June 25, 2025

(Oil & Gas 360) – Publisher’s Note: Oklo will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. 06/25/2025 The next-generation collaboration will leverage advanced laser enrichment technology to build a scalable U.S. nuclear fuel supply for advanced reactors SANTA CLARA, Calif.–(BUSINESS WIRE)– Oklo (NYSE: OKLO), an advanced nuclear technology company, today announced strategic collaborations with Hexium, a pioneering isotope

Premium Content