June 23, 2025 – Oil & Gas 360

EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

June 23, 2025

(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025, featuring a broad group of public and private energy companies at www.enercomdenver.com Limited presentation opportunities remain for E&P, Midstream, OFS, Energy Transition, Nuclear and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom’s multi-channel approach before,

Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets

June 23, 2025

Publisher’s Note: Advantage Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (Oil & Gas 360) – CALGARY, AB, June 23, 2025 /CNW/ – Entropy Inc. (“Entropy”), a subsidiary of Advantage Energy Ltd. (“Advantage”), has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and

HSBC, Goldman Sachs see Brent oil hitting $80-110 if Strait of Hormuz blocked

June 23, 2025

(Investing) – Brent crude oil prices could hit $110 a barrel if the Strait of Hormuz is blocked, Goldman Sachs analysts have forecast, while HSBC analysts see prices topping above $80. Prices for Brent could average around $95 in the fourth quarter of 2025, Goldman Sachs said in a note dated June 22. Their assumptions included oil flows through the critical waterway halving for a

Texas oil and gas jobs increased in May despite market turmoil, new report says

June 23, 2025

(World Oil)– Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. According to TIPRO’s analysis, direct Texas upstream employment for May totaled 208,200, an increase of

Eni sells 20% in its $14-billion low carbon business Plenitude

June 23, 2025

Publisher’s Note: Eni will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (Oil Price)– Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8 billion (12 billion euros). Under the agreement, global alternative investment manager Ares

Nigeria’s GEIL exports first crude from new onshore terminal

June 23, 2025

(World Oil)– Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. In June 2025, the company lifted its first crude cargo from the newly-constructed facility—the first indigenous onshore terminal constructed in the country in five decades—signaling the start of operations at the terminal. “Facilities such as

Oil prices erase earlier gains after weekend U.S. strike on Iran

June 23, 2025

(Investing) – Oil prices eased on Monday, erasing earlier gains, as U.S. strikes on Iran ramped up fears of supply disruptions in the Middle East. Brent crude futures for August had edged down to $75.43 per barrel by 09:39 ET (13:39 GMT) and West Texas Intermediate crude future had slipped by 0.2% to $73.69 a barrel. Both of the contracts erased some

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