June 13, 2025 – Oil & Gas 360

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver – The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night- oil and gas 360

30 years, thousands of deals, many ups and downs but still the place where we know your name — welcome back to the energy industry’s favorite reunion, EnerCom Denver – The Energy Investment Conference, August 17-20, 2025.

June 13, 2025

(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Celebrate with us at our 30th Annual EnerCom Denver – The Energy Investment Conference, with networking during Sunday’s Charity Golf Tournament, Monday’s Cocktail Mixer, and Tuesday’s Casino & Charity Poker Tournament. Don’t miss the celebration, sponsorship opportunities

EU will need $280 billion investment to boost nuclear energy

June 13, 2025

(Oil Price) – The plans of many EU countries to boost nuclear power capacities will need an investment of as much as $278 billion (241 billion euros), according to estimates by the European Commission. Many EU countries have drafted plans to increase nuclear power capacity or even return to nuclear energy after decades of no nuclear generation, as they look to

Big disruption to oil supply unlikely after Israel’s attack on Iran, say analysts

June 13, 2025

(Investing) – Israel’s attack on Iran is unlikely to cause a major disruption to oil supply, analysts at two major banks said, but a worst-case scenario involving blockades in the Strait of Hormuz could push prices above $100 per barrel, Goldman Sachs said. Oil prices climbed nearly 9% after Israel launched widescale strikes against Iran targeting nuclear facilities and missile factories,

U.S. Energy Secretary says oil output drop in 2026 ‘unlikely’

June 13, 2025

(World Oil) – U.S. Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency. Much will depend on oil prices and whether producers will follow through on pledges to reduce investment, Wright said in an interview on Bloomberg Television. The Energy Information Administration revised

An overview of Iran’s energy industry and infrastructure

June 13, 2025

(BOE Report) – Israel carried out strikes on Iran on Friday, targeting its nuclear facilities, ballistic missile factories and military commanders at the start of what it warned would be a prolonged operation to prevent Tehran from building an atomic weapon. The National Iranian Oil Refining and Distribution Company said refining facilities and oil storage did not sustain any damage

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 4 is at 555

June 13, 2025

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 4 over last week, resulting in a total count of 555 rigs. Canada had an increase of 24 over last week, resulting in a total Canadian count of 138 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions experienced an increase this week. Meanwhile,

EU to require EU firms to disclose details of Russian gas contracts

June 13, 2025

(Oil Price) – As part of the European Union’s efforts to halt imports of Russian natural gas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters. In May, the EU unveiled a roadmap to end dependency on Russian energy. The roadmap calls for the EU

Oil jumps almost 7% after Israel’s strikes on Iran

June 13, 2025

(Investing) – Oil prices jumped almost 7% on Friday to multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies. Brent crude futures were up $4.57, or around 6.59%, to $73.93 a barrel at 1352 GMT, after hitting an intraday high of $78.50, the highest since January 27. U.S.

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