Monday, July 20, 2026
TC Energy profit rises 13% on higher earnings from U.S. gas pipelines- oil and gas 360

TC Energy profit rises 13% on higher earnings from U.S. gas pipelines

Reuters TC Energy Corp reported a 13.4% rise in fourth-quarter comparable profit on Thursday, partly helped by lower operating costs for its U.S. natural gas pipelines. The company behind the Keystone XL oil pipeline, work on which was halted after U.S. President Joe Biden revoked the permit, had said it expects to record a large non-cash charge in its first-quarter

U.S. crude oil inventories decrease by 6.1 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 7.3 million barrels

Weekly Crude Oil Storage as of February 12, 2021   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.3 million barrels from the previous week. At 461.8 million barrels, U.S. crude oil inventories are at the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage

Texas energy freeze stretches to sixth day, raises Mexico's ire-oil and gas 360

Texas energy freeze stretches to sixth day, raises Mexico’s ire

Reuters HOUSTON – Texas’s freeze entered a sixth day on Thursday, as the largest energy-producing state in the United States grappled with massive refining outages and oil and gas shutins that rippled beyond its borders into neighboring Mexico. The cold snap, which has killed at least 21 people and knocked out power to more than 4 million people in Texas,

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 237 Bcf

Natural Gas Inventories as of February 12, 2021 The EIA has released its natural gas inventory report, showing a net decrease of 237 Bcf as of February 12, 2021. Working gas in storage was 2,281 Bcf as of Friday, February 12, 2021, according to EIA estimates. This represents a net decrease of 237 Bcf from the previous week. Stocks were