ADNOC Gas awards $8.2 billion in contracts for Rich Gas Development
(World Oil) – ADNOC Gas has taken final investment decisions (FID) on the next phases of its Rich Gas Development (RGD) project, awarding $8.2 billion in engineering, procurement and construction (EPC) contracts that will expand natural gas processing capacity
ADNOC Gas awards $8.2 billion in contracts for Rich Gas Development
(World Oil) – ADNOC Gas has taken final investment decisions (FID) on the next phases of its Rich Gas Development (RGD) project, awarding $8.2 billion in engineering, procurement and construction (EPC) contracts that will expand natural gas processing capacity and support the company’s long-term growth
Oil climbs 4% after steep weekly loss as uncertainty over Hormuz reopening mounts
(Investing) – Oil prices advanced 4% on Monday following a steep weekly loss,
One-on-One Meeting Requests are Open for the 31st EnerCom Denver – The Energy Investment Conference, on August 19, 2026, in Denver, Colorado
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver
360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – This week underscored how quickly geopolitical uncertainty
Oil climbs 4% after steep weekly loss as uncertainty over Hormuz reopening mounts
(Investing) – Oil prices advanced 4% on Monday following a steep weekly loss, after Iran ruled out direct talks with the U.S. and said a full reopening of the Strait of Hormuz would only be possible after Washington met certain conditions.
One-on-One Meeting Requests are Open for the 31st EnerCom Denver – The Energy Investment Conference, on August 19, 2026, in Denver, Colorado
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies, and request 1×1 meetings Sponsorship opportunities are available for companies seeking to increase
360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – This week underscored how quickly geopolitical uncertainty can reshape market sentiment, even as companies remain focused on long-term capital discipline. Oil prices strengthened on renewed uncertainty surrounding the Iran conflict, while producers continued investing in
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 2.5 million barrels
Weekly Crude Oil Storage as of July 31, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 33 Bcf
Natural Gas Inventories as of July 31, 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
