May 1, 2025 – Oil & Gas 360

EnerCom opens registration for the 30th annual EnerCom Denver – The Energy Investment Conference- August 17-20, 2025

May 1, 2025

(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being

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

Weekly Gas Storage: Inventories increase by 107 Bcf

May 1, 2025

Natural Gas Inventories as of April 25, 2025 The EIA has released its natural gas inventory report, showing a net increase of 107 Bcf as of April 25, 2025. Working gas in storage was 2,041 Bcf as of Friday, April 25, 2025, according to EIA estimates. This represents a net increase of 107 Bcf from the previous week. Stocks were

IMF slashes growth forecast for Middle East exporters as oil prices dip

May 1, 2025

(Oil Price) – The International Monetary Fund (IMF) has downgraded its economic growth forecast for the oil exporters in the Middle East to 2.3% from 4% expected in October, due to the slide in oil prices. “Across the region, rising trade tensions and policy uncertainty are adding to the impact of conflicts and extended oil production cuts to weaken growth prospects,”

TC Energy’s quarterly profit misses on power segment weakness

May 1, 2025

(BOE Report) – Canadian pipeline operator TC Energy on Thursday missed analysts’ estimates for first-quarter profit on weakness in its power and energy solutions business, while higher interest expenses offset gains in its natural gas operations. The company’s U.S.-listed shares were down 4%. With energy demand growing across North America, demand for renewable and lower-emission electricity is also set to rise. TC

Oil little changed as US equities rally offsets concerns about economy

May 1, 2025

(Investing) – HOUSTON – Oil held steady on Thursday after strong earnings from Meta (NASDAQ:META) and Microsoft (NASDAQ:MSFT) supported U.S. equities and postponement of U.S.-Iran talks offset concerns about the U.S. economy and the prospect of higher OPEC+ oil output. U.S. West Texas Intermediate crude futures eased 15 cents or 0.3% to $58.04 a barrel by 12:30 p.m. ET (1630 GMT). Brent

Woodside, bp sign gas supply agreement for Louisiana LNG

May 1, 2025

(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s extensive interconnectivity to multiple producing basins and inter-connecting pipelines. Woodside’s CEO Meg O’Neill

Ukraine, US sign minerals deal sought by Trump

May 1, 2025

(Investing) – KYIV/WASHINGTON -Ukraine and the U.S. on Wednesday signed a deal heavily promoted by U.S. President Donald Trump that will give the United States preferential access to new Ukrainian minerals deals and fund investment in Ukraine’s reconstruction. The two countries signed the accord in Washington after months of sometimes fraught negotiations, with uncertainty persisting until the last moment with

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