Saturday, July 11, 2026
Oil & Gas 360

Oil’s Magic Number to Launch a New Shale Surge Is Above $60 a Barrel: JPMorgan

From Bloomberg A one- to two-quarter run above $60 is “the consensus catalyst for another leg higher” For America’s shale drillers, the tipping point to boost production looks to be $60 a barrel. It’ll take a sustained run above that price in New York before drillers rethink their spending plans for 2018, according to JPMorgan Chase & Co. Until then, activity looks

Oil & Gas 360 - France’s Total and Sempra Energy Sign North America LNG Deal

Cove Point LNG Facility Almost at the Finish Line

Introduces feed gas this week: commissioning operations underway Dominion Energy Cove Point (ticker: D) introduced feed gas into its new LNG facility this week. The facility has been under design, permitting and construction for the past several years and it is finally undergoing the commissioning process in Lusby, MD. When Cove Point is greenlighted to export liquefied natural gas, it