August 21, 2025 – Oil & Gas 360

Thank you for making our 30th Anniversary EnerCom Denver-The Energy Investment Conference a success!

August 21, 2025

Thanks to you, EnerCom Denver – The Energy Investment Conference® continues its legacy as the longest-running energy investment conference, and we look forward to many more years together. This year’s 30th anniversary event was one of our best yet. Your participation, feedback, and continued support made it possible—and we’re grateful for the tremendous engagement from across the energy industry. EnerCom

US resumes imports of Venezuelan oil under new license to Chevron

August 21, 2025

(BOE Report) – Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country’s oil following a new license granted by Washington, vessel tracking data showed. The U.S. Treasury Department last month issued a restricted license to Chevron allowing the U.S. company to operate in the OPEC country and export

ConocoPhillips signs 20-year LNG purchase agreement with Sempra

August 21, 2025

(World Oil) – ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project under development by Sempra Infrastructure. Under the agreement, ConocoPhillips will offtake LNG over a 20-year term on a free-on-board basis, supporting the company’s ability to reliably

Charting the projected US power capacity mix through 2035: Maguire

August 21, 2025

(BOE Report)– U.S. power generation capacity is evolving at the fastest pace in decades, as utilities scramble to ensure that supplies keep up with rapidly growing electricity demand from data centers, AI applications, businesses, homes and electric vehicles. To help frame expectations on what power sources will likely be in play over the coming years, the U.S. Energy Information Administration

U.S. Interior Dept. sets offshore leasing schedule under Trump’s OBBBA

August 21, 2025

(World Oil) – The U.S. Interior Department on Tuesday released its offshore leasing schedule under Trump’s One Big Beautiful Bill, garnering support from several energy sector agencies. “A predictable leasing schedule means more American energy, more American jobs, and stronger U.S. security,” said Energy Workforce President Tim Tarpley. “Offshore development doesn’t just power the Gulf, it powers the entire nation. Every single state

Oil edges up on signs of strong demand, Russia-Ukraine peace uncertainty

August 21, 2025

(Investing) – LONDON -Oil prices edged up on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support. Brent crude futures were up 11 cents, or around 0.2%, at $66.95 a barrel at 1335 GMT, having hit a two-week high earlier in the session. U.S. West Texas Intermediate

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

Weekly Gas Storage: Inventories increase by 13 Bcf

August 21, 2025

Natural Gas Inventories as of August 15, 2025 The EIA has released its natural gas inventory report, showing a net increase of 13 Bcf as of August 15, 2025. Working gas in storage was 3,199 Bcf as of Friday, August 15, 2025, according to EIA estimates. This represents a net increase of 13 Bcf from the previous week. Stocks were

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