Vitol weighs $2.3-billion sale of Delaware basin producer VTX Energy
(World Oil) – Vitol Group is in late stage talks to sell its shale oil venture VTX Energy Partners LLC to a consortium of two private equity buyers – Carnelian Energy Capital and EnCap Investments, a deal that
Vitol weighs $2.3-billion sale of Delaware basin producer VTX Energy
(World Oil) – Vitol Group is in late stage talks to sell its shale oil venture VTX Energy Partners LLC to a consortium of two private equity buyers – Carnelian Energy Capital and EnCap Investments, a deal that would mark a scaling back for
Europe gas prices jump to 4-month highs on Hormuz blockade threat
(Investing) – European wholesale natural gas prices surged on Friday, touching their highest
U.S. rig count increased by 7, is at 588
This week’s Baker Hughes Rig Count shows that the U.S. increased by
Canada’s Basel Belly River shale reemerges as oil development hotspot
(World Oil) – On the edge of the Canadian Rocky Mountains, companies
Europe gas prices jump to 4-month highs on Hormuz blockade threat
(Investing) – European wholesale natural gas prices surged on Friday, touching their highest levels in nearly four months as intensifying military exchanges between Washington and Iran stoked fears over a potential closure of the Strait of Hormuz, threatening a critical chokepoint
U.S. rig count increased by 7, is at 588
This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count of 588 rigs. Canada decreased by 19 over last week, resulting in a total Canadian count of 198 rigs. Breakdown
Canada’s Basel Belly River shale reemerges as oil development hotspot
(World Oil) – On the edge of the Canadian Rocky Mountains, companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life into a long-dormant gas reservoir — except now they’re drilling for oil. Both firms are fracing into the sandstone that
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 1.7 million barrels
Weekly Crude Oil Storage as of July 10, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 41 Bcf
Natural Gas Inventories as of July 10, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 7, is at 588
This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count
