WhiteWater-led venture approves Permian-to-Texas gas pipeline project
(BOE Report) – Infrastructure company WhiteWater and its joint venture partners Devon Energy, MPLX, Diamondback Energy and Western Midstream Partners said on Monday they had reached a final investment decision (FID) to build two
WhiteWater-led venture approves Permian-to-Texas gas pipeline project
(BOE Report) – Infrastructure company WhiteWater and its joint venture partners Devon Energy, MPLX, Diamondback Energy and Western Midstream Partners said on Monday they had reached a final investment decision (FID) to build two natural gas pipelines from the Permian
Chevron strikes oil and gas in Angola’s Block 0, eyes tieback development
(World Oil) — Chevron has made an oil and gas condensate discovery in Block
US banks lending commitments signal confidence in AI capex cycle sustainability, KBW says
(BOE Report) – KBW says last week’s major capital commitments from U.S.
Oil majors reap $93 billion windfall from the Iran war
(Oil Price) – Oil prices have soared in recent months as a
Chevron strikes oil and gas in Angola’s Block 0, eyes tieback development
(World Oil) — Chevron has made an oil and gas condensate discovery in Block 0 offshore Angola, encountering more than 300 ft of net pay as the company continues to expand its exploration program across Sub-Saharan Africa. The 105-4X exploration well, drilled in the Lower Congo
US banks lending commitments signal confidence in AI capex cycle sustainability, KBW says
(BOE Report) – KBW says last week’s major capital commitments from U.S. big banks linked to domestic infrastructure and AI build out signal confidence in the sustainability of the capex cycle ** Bank of America pledged $250 billion for US
Oil majors reap $93 billion windfall from the Iran war
(Oil Price) – Oil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz, a key trade corridor connecting Asia and Europe. High fossil fuel prices have helped to drive up
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 17.4 million barrels
Weekly Crude Oil Storage as of August 7, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 36 Bcf
Natural Gas Inventories as of August 7, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count had no change, is at 588
This week’s Baker Hughes Rig Count shows that the U.S. had no change last week, resulting in a total count
