November 26, 2025 – Oil & Gas 360

EnerCom’s 31st Energy Investment Conference to be held August 17–19, 2026 in Denver, Colorado

November 26, 2025

( Oil & Gas 360) – EnerCom Denver – The Energy Investment Conference will celebrate 31 years of bringing together the broader energy sector, including companies, investors, analysts, and industry leaders! Presentation opportunities are available for E&P, Midstream, OFS, Nuclear, Power, Data Center and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER – November 26, 2025

French power giant EDF considers full sale of U.S. renewables unit

November 26, 2025

(Oil Price) – EDF, the French state-controlled utility, considers selling up to 100% in its U.S. renewable energy business, the power giant’s chief executive Bernard Fontana told Reuters on Wednesday. Fontana, who was previously CEO at nuclear engineering company Framatome, among other roles, became EDF’s chief executive officer in May this year. Fontana won the approval of the French Parliament to lead

Oil tanker ban just one obstacle to northern B.C. pipeline, experts say

November 26, 2025

(BOE Report) – CALGARY – A new oilsands pipeline to the northern B.C. coast is a non-starter as long as oil tankers are forbidden there, but experts say a removal of the federal ban would only lift one of many obstacles deterring the private sector from such a project. Media reports say the federal and Alberta governments are poised to announce

ADNOC Gas signs $4-billion supply deal with regional steel giant

November 26, 2025

(Oil Price) – ADNOC Gas has signed a $4 billion deal to supply natural gas to EMSTEEL, the largest listed steel and building materials company in the United Arab Emirates, for 20 years beginning in 2027. Through the agreement, ADNOC Gas will supply lower-carbon natural gas to power EMSTEEL’s operations and future growth, the gas unit of the Abu Dhabi

Reliance Industries, JV partners to invest $11 billion in India AI data capacity

November 26, 2025

(BOE Report) – A Reliance Industries joint venture will invest $11 billion over five years to develop 1 gigawatt of AI data capacity in the southern Indian state of Andhra Pradesh, the companies and the state’s government said on Wednesday. Canadian multinational company Brookfield Corporation and U.S.-based real estate investment trust Digital Realty are the other partners involved in the

Windfall tax stays: UK decision alarms North Sea oil and gas producers

November 26, 2025

(World Oil) – The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade, dismissing complaints that the levy hurts investment and jobs. The Energy Profits Levy will remain in place until March 2030, according to a leaked document from the Office for Budget Responsibility. The decision comes as Chancellor of

Oil prices stabilize after Ukraine peace deal-inspired losses

November 26, 2025

(Investing) – Oil prices traded in a steady manner Wednesday, stabilizing after the previous session’s sharp losses, as investors weighed a smaller-than-expected draw in U.S. crude inventories and growing signs of progress toward a potential Russia-Ukraine peace framework. At 04:15 ET (09:15 GMT), Brent Oil Futures expiring in January edged up 0.1% to $61.83 per barrel and West Texas Intermediate (WTI) crude futures slipped 0.2%

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

U.S. crude oil inventories increase by 2.8 million barrels

November 26, 2025

Weekly Crude Oil Storage as of November 21, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.8 million barrels from the previous week. At 426.9 million barrels, U.S. crude oil inventories are 4% 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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