August 13, 2025 – Oil & Gas 360

Unforgettable Networking & Entertainment Await at 30th Anniversary EnerCom Denver 2025! August 17–20, 2025- oil and gas 360

Unforgettable Networking & Entertainment Await at our 30th Anniversary EnerCom Denver 2025 next week!

August 13, 2025

(Oil & Gas 360) – Get ready for a powerhouse lineup of networking and entertainment at EnerCom Denver – The Energy Investment Conference, celebrating its 30th anniversary! Monday Mixer – August 18 after a full day of high-impact presentations, /unwind at our Monday Mixer Reception proudly sponsored by ATB Capital Markets. Listen to music and mingle with industry leaders,

EIA shows US crude oil inventories growing

August 13, 2025

(Oil Price)– Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping by 3 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 426.7 million barrels according to government data, which is 6%

Venture Global wins arbitration case against Shell over contracted LNG cargoes

August 13, 2025

(BOE Report)– Venture Global has won a legal battle against Shell over its failure to deliver liquefied natural gas under long-term contracts starting in 2023, the U.S. LNG major said on Tuesday. The company’s stock price rose almost 6% in after hour trade as investors cheered the decision. Firms, including Shell, BP, Edison and Galp, filed arbitration claims starting

India’s second-largest refinery sees imports plunge as EU sanctions bite

August 13, 2025

(Oil Price)– Nayara Energy, the Indian refiner in which Russia’s oil giant Rosneft holds 49%, is set to import in August the lowest volume of crude ever as the EU sanctions cripple procurement plans and sales of refined petroleum products. Nayara Energy is expected to import just 94,000 barrels per day (bpd) of crude this month, Bloomberg reports, citing ship-tracking data

Russia says its demands are unchanged: full Ukrainian withdrawal from regions that Moscow claims

August 13, 2025

(BOE Report)– Russia said on Wednesday that its stance on ending the war in Ukraine has not changed since President Vladimir Putin set out his conditions last year: the full withdrawal of Kyiv’s forces from key Ukrainian regions and the abandonment of its NATO ambitions. Putin and U.S. President Donald Trump are due to meet on Friday in Alaska, the

Oil prices fall 1% after US crude build and ahead of Trump-Putin talks

August 13, 2025

(Investing.com)– Oil prices fell over 1% on Wednesday after a U.S. crude supply unexpectedly rose, but losses were limited after the U.S. Treasury Secretary said President Donald Trump could leverage sanctions at a meeting with Russian President Vladimir Putin. Brent crude futures dropped 80 cents, or 1.2%, to $65.32 a barrel by 10:46 a.m. EDT, while U.S. West Texas Intermediate crude

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories increase by 3 million barrels

August 13, 2025

Weekly Crude Oil Storage as of August 8, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3 million barrels from the previous week. At 426.7 million barrels, U.S. crude oil inventories are 6% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,

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