Tuesday, June 16, 2026
Oil steady as trade hopes, Mideast tensions support, dollar weighs- oil and gas 360

Oil steady as trade hopes, Mideast tensions support, dollar weighs

Reuters NEW YORK – Oil prices were flat on Thursday, supported by signs of improving Washington-Beijing trade relations and rising tensions in the Middle East but pressured by a strong U.S. dollar. Brent crude futures LCOc1 were unchanged at $66.00 a barrel by 1:33 p.m. EST (1833 GMT), while U.S. West Texas Intermediate (WTI) crude CLc1 was 17 cents lower

Williams - oil and gas 360

Williams announces FERC filing for Transco rate case settlement

Oil and Gas 360 Tulsa, Okla. – Williams (NYSE: WMB) announced today that it has filed a comprehensive Stipulation and Agreement (“Settlement”) with the Federal Energy Regulatory Commission (“FERC”), which would settle all aspects of the Transcontinental Gas Pipe Line Company, LLC (“Transco”) rate case currently pending before the FERC. The company anticipates FERC approval of the Settlement during the

U.S. shale producers to tap brakes in 2020 after years of rapid growth- oil and gas 360

U.S. shale producers to tap brakes in 2020 after years of rapid growth

Reuters HOUSTON – Vastly slower U.S. oil growth this year and the prospect of a plateau for the world’s top oil producer have signaled a new and unfamiliar era of self-restraint for the go-go shale industry. Spending cuts and production declines common to shale wells mean U.S. output growth is expected to brake from 2019’s pace that pushed domestic production

Oxy shores up board with former Schlumberger CEO- oil and gas 360

Oxy shores up board with former Schlumberger CEO

Houston Chronicle Occidental Petroleum added to its board of directors Thursday with the appointment of a former chief executive of Schlumberger as Oxy aims to instill more confidence with shareholders after risking its future to buy Anadarko Petroleum for $38 billion last year. Andrew Gould, who previously headed the world’s largest oilfield services firm until 2011, will join the board of

New Mexico’s oil, natural gas growth squeezing regulatory oversight

NGI Shale New Mexico needs to boost staffing and pay competitive salaries to oil and gas regulators, along with working to improve drilling application approvals, according to a report card by the state’s Legislative Finance Committee (LFC). In the Performance Report Card for fiscal 1Q2020 issued earlier in December, the LFC identified several areas for improvement within the Energy, Minerals

2019 Rewind: Year of FIDs -oilangas360

2019 Rewind: Year of FIDs

LNG World News The year 2019 got into its stride quickly in terms of final investment decisions as LNG Croatia, the state-owned company has sanctioned the construction of the floating liquefied natural gas terminal on the Island of Krk in February.  The project is backed by €101.4 million from the European Union as well as €100 million from the Croatian government.