October 17, 2025 – Oil & Gas 360

How to Get the Most Out of Oil & Gas 360® Premium: A Step-by-Step Guide

October 17, 2025

(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. Here’s a quick walkthrough of how to make the most of your Premium access: 1.

Equinor starts production at Bacalhau, its largest international field

October 17, 2025

(World Oil)– Equinor and its partners have achieved first oil from the Bacalhau field in Brazil’s Santos basin, marking a major milestone for one of the largest deepwater developments in the world. The project represents Equinor’s biggest international offshore investment, with recoverable reserves exceeding 1 billion barrels of oil equivalent (boe) and peak production capacity of 220,000 barrels per day

NextDecade approves $6.7 billion expansion of Rio Grande LNG

October 17, 2025

(Oil Price)– U.S. LNG developer NextDecade Corporation has decided to invest $6.7 billion in the expansion of its Rio Grande LNG facility in Texas in another boost to America’s LNG export capacity in the coming years. NextDecade has just announced a positive final investment decision (FID) on Train 5 at Rio Grande LNG, closed financial transactions to fully fund Train 5 and

Oil set for weekly loss on uncertainty over global supply outlook

October 17, 2025

(Investing.com)– Oil prices edged lower on Friday, heading for a weekly loss of nearly 3% after the IEA forecast a growing glut and U.S. President Donald Trump and Russian President Vladimir Putin agreed to meet again to discuss Ukraine. Brent crude futures were down 9 cents, or 0.15%, at $60.97 a barrel at 1311 GMT, while U.S. West Texas Intermediate futures were 4

US energy prices to spike on Trump’s axing of grants, senator says

October 17, 2025

(BOE Report)– The Trump administration’s plans to cancel nearly $8 billion in Energy Department grants are illegal because contracts had already been signed and will cause consumer energy prices to skyrocket, the top Democrat on the U.S. Senate energy committee said. Earlier this month, the Energy Department canceled $7.56 billion in funding for clean energy projects that it claimed would

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

U.S. rig count increased by 1 is at 548

October 17, 2025

This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 548 rigs. Canada had an increase of 5 over last week, resulting in a total Canadian count of 198 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Arkoma Woodford, the Cana Woodford, the DJ-Niobrara, the

India rejects U.S. claims of halving Russian oil imports

October 17, 2025

(Oil Price)– India hasn’t requested refiners to cut imports of Russian crude oil and no cuts have been seen for the already placed nominations for loadings in November, Indian industry sources told Reuters on Friday, after the U.S. claimed refiners had started to reduce Russian supply. U.S.-Indian talks in Washington this week were productive and Indian refiners are already halving

Brent crude slides toward $60 on oversupply, U.S.-China trade strains

October 17, 2025

(World Oil)– Oil headed for a third weekly decline as traders focused on growing signs of oversupply and the fallout from renewed U.S.-China trade tensions. U.S. President Donald Trump said he would hold a second meeting with Russia’s Vladimir Putin “within two weeks or so” aimed at ending the war in Ukraine, raising the possibility of more supply. Brent traded

Premium Content