Crude Oil – Page 4 – Oil & Gas 360

Exclusive: Eni SpA at EnerCom Denver – The Energy Investment Conference 2025

August 25, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Eni is a global energy company engaged in the exploration, development and extraction of natural gas and oil, power generation from traditional and renewable sources, refining and chemicals. Sustainability goals

Cenovus to acquire oil sands producer MEG for $5.7 billion

August 25, 2025

(World Oil) – Cenovus Energy has entered into a definitive agreement to acquire MEG Energy in a cash and stock transaction valued at $7.9 billion CAD ($5.7 billion USD), inclusive of assumed debt. The deal follows MEG’s recent rejection of a lesser takeover bid from Strathcona Resources. The acquisition brings together two leading SAGD oil sands producers with combined oil sands production of

Crescent Energy to acquire Vital Energy in $3.1 billion shale deal

August 25, 2025

(BOE Report) – U.S. shale producer Crescent Energy said on Monday it would acquire smaller peer Vital Energy in an all-stock deal valued at $3.1 billion, including debt. Vital shareholders will receive 1.9062 shares of Crescent common stock for each share held, representing a value of $18.95 per share and a premium of 20%, based on the stocks’ last close. Shares of

Oil prices rise as traders weigh supply risks

August 25, 2025

(Investing) – LONDON -Oil prices climbed on Monday as traders weighed concerns that Russian supply could be disrupted by more U.S. sanctions and Ukrainian attacks targeting energy infrastructure in Russia. Brent crude futures were up 40 cents, or 0.6%, to $68.13 by 1315 GMT, and West Texas Intermediate (WTI) crude futures gained 46 cents, or 0.7%, to $64.12. “The market is somewhat

Trump withholds Venezuelan oil approval for non-U.S. majors

August 25, 2025

(World Oil) – The Trump administration is withholding approval for several Western oil majors seeking to operate in Venezuela, ramping up pressure on Nicolás Maduro’s government even as Chevron Corp. is allowed to work there, according to people familiar with the matter. The pause is focused on non-U.S. firms, leaving companies including Spain’s Repsol SA, Italy’s Eni SpA and France’s Maurel

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

U.S. rig count decreased by 1 is at 538

August 25, 2025

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count of 538 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 180 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions experienced an increase this week. Meanwhile, 1

Thank you for making our 30th Anniversary EnerCom Denver-The Energy Investment Conference a success!

August 21, 2025

Thanks to you, EnerCom Denver – The Energy Investment Conference® continues its legacy as the longest-running energy investment conference, and we look forward to many more years together. This year’s 30th anniversary event was one of our best yet. Your participation, feedback, and continued support made it possible—and we’re grateful for the tremendous engagement from across the energy industry. EnerCom

US resumes imports of Venezuelan oil under new license to Chevron

August 21, 2025

(BOE Report) – Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country’s oil following a new license granted by Washington, vessel tracking data showed. The U.S. Treasury Department last month issued a restricted license to Chevron allowing the U.S. company to operate in the OPEC country and export

U.S. Interior Dept. sets offshore leasing schedule under Trump’s OBBBA

August 21, 2025

(World Oil) – The U.S. Interior Department on Tuesday released its offshore leasing schedule under Trump’s One Big Beautiful Bill, garnering support from several energy sector agencies. “A predictable leasing schedule means more American energy, more American jobs, and stronger U.S. security,” said Energy Workforce President Tim Tarpley. “Offshore development doesn’t just power the Gulf, it powers the entire nation. Every single state

Oil edges up on signs of strong demand, Russia-Ukraine peace uncertainty

August 21, 2025

(Investing) – LONDON -Oil prices edged up on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support. Brent crude futures were up 11 cents, or around 0.2%, at $66.95 a barrel at 1335 GMT, having hit a two-week high earlier in the session. U.S. West Texas Intermediate

Energy Transition Meets Emerging Tech on August 20th at EnerCom’s 30th Anniversary Energy Investment Conference

August 18, 2025

(Oil & Gas 360) – Don’t Miss The Energy Transition and Emerging Technology Session at EnerCom Denver – The Energy Investment Conference, celebrating its 30th anniversary this August! Registration is still available for EnerCom Denver – The Energy Investment Conference. The full schedule for the conference can be found at www.enercomdenver.com. Login to join. In recent years, the Energy Transition

Keynote Speakers: Andrew Rapp, Senior Advisor in the U.S. Department of Energy, Chad Zamarin, CEO of Williams and Craig Bealmear, CFO of Oklo at EnerCom’s 30th Anniversary Energy Investment Conference- oil and gas 360

Keynote Speakers: Andrew Rapp, Chad Zamarin, Ron Gusek and Craig Bealmear at EnerCom’s 30th Anniversary Energy Investment Conference

August 18, 2025

(Oil & Gas 360) – We welcome confirmed Keynote Speakers at EnerCom Denver – The Energy Investment 30th Anniversary Conference, August 17-20, 2025. It’s here, login to join us. Andrew Rapp, Senior Advisor in the U.S. Department of Energy, has been confirmed as the Keynote luncheon speaker on Monday, August 18th Ron Gusek, CEO of Liberty Energy, has been confirmed

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