June 27, 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- oil and gas 360

Early bird registration ends soon for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

June 27, 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,

Oil market reflects slim chance of supply disruption, Goldman analysts say

June 27, 2025

(BOE Report)– Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on Thursday. Fears that Iran could close the Strait of Hormuz after U.S. strikes on its nuclear facilities sent Brent crude futures to a high of $81.40 on

Santos grants ADNOC six weeks for $19 billion takeover review

June 27, 2025

(Oil Price)– Santos has granted exclusive due diligence access for six weeks to the consortium led by Abu Dhabi’s ADNOC that has made an $18.7 billion non-binding takeover bid for the Australian energy giant. Santos, which earlier this month received – and plans to accept – the offer, has now entered into a process and exclusivity deed with XRG, a subsidiary of

BOEM proposes oil, gas lease sale for 80 million acres in Gulf

June 27, 2025

(World Oil)– The Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the first of three offshore auctions in the Gulf of America under the 2024–29 Outer Continental Shelf Leasing Program. The sale would offer about 15,000 unleased blocks—roughly 80 million acres—located 3 to 231 miles offshore in water depths from

Japan’s Tokyo Gas eyes long-term U.S. LNG supply deals amid rising demand

June 27, 2025

(World Oil) – Tokyo Gas Co. is in discussions with multiple U.S. liquefied natural gas suppliers to secure a long-term purchase agreement, as rising energy demand leaves Japan increasingly dependent on the fuel source. Japan’s largest gas distributor is in talks with at least four companies over supply from projects dotting the U.S. Gulf Coast, according to people with knowledge

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

U.S. rig count decreased by 7 is at 547

June 27, 2025

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 7 over last week, resulting in a total count of 547 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of 140 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions experienced an increase this week. Meanwhile,

US will not complete oil deliveries into its reserve until year-end

June 27, 2025

(BOE Report) – The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as much as seven months behind schedule, the Department of Energy said on Thursday. Former President Joe Biden’s administration scheduled 15.8 million barrels of deliveries to the SPR from January through May. So

Oil inches up on US demand strength; fading Mideast supply risks offset gains- oil and gas 360

Oil set for steepest weekly decline in two years as risk subsides

June 27, 2025

(Investing) – LONDON (Reuters) -Oil prices rose on Friday but were set for their steepest weekly decline since March 2023, as the absence of significant supply disruption from the Iran-Israel conflict saw any risk premium evaporate. Brent crude futures were up 42 cents, or 0.6%, to $68.15 a barrel at 1328 GMT, while U.S. West Texas Intermediate crude was up 51

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