April 14, 2026 – Oil & Gas 360

EnerCom Opens Registration for the 31st Annual Energy Investment Conference August 17–19, 2026 in Denver, Colorado

April 14, 2026

(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference featuring a broad group of public and private energy companies. Sponsorship opportunities are available for companies seeking to increase their market presence DENVER – April 13, 2026 – EnerCom, Inc. (“EnerCom”) today announced that registration is now open for its 31st annual EnerCom Denver

Oil shock 2.0: Inflation back, rate cuts fading

April 14, 2026

(By Oil & Gas 360) – The market isn’t just reacting to higher oil prices. It’s reacting to what those prices mean this time. What’s unfolding looks less like a temporary spike and more like a second-order shock, one that’s already starting to ripple through inflation, interest rates, and growth expectations in ways that feel more persistent than 2022. This time,

The global supply reset: Africa back in play

April 14, 2026

(By Oil & Gas 360) – Africa is moving back to the center of global energy strategy, and this time, the interest looks more durable. After years of underinvestment driven by capital discipline, energy transition pressures, and above-ground risk, oil majors and independents are once again allocating capital across key African basins. The shift is being driven by a familiar

Transocean adds $445 million backlog with Petrobras drillship extension

April 14, 2026

(World Oil) – Transocean has secured a long-term contract extension with Petrobras for its ultra-deepwater drillship Deepwater Corcovado, adding approximately $445 million to the company’s backlog. The 1,156-day extension will begin in direct continuation of the rig’s current work offshore Brazil and is expected to keep the drillship contracted through November 2030. The award reflects continued demand for high-specification ultra-deepwater drilling capacity in Brazil’s

Nomura: Full U.S. blockade could cut off another 2.3 million bpd oil supply

April 14, 2026

(Oil Price) – Oil supply from the Middle East could drop by another 2.3 million barrels per day (bpd) if the U.S. were to completely block the Strait of Hormuz, according to bank Nomura. “We estimate around 2.3mbpd loss of incremental oil supplies versus March 2026, and nearly 9.3mbpd loss versus March 2025 in the event the US were to

BP flags ‘exceptional’ trading results amid oil price volatility

April 14, 2026

(BOE Report) – BP said on Tuesday it expects its huge oil trading desk to post “exceptional” results for the first quarter, signalling a windfall from the spike in oil prices triggered by the U.S.-Israeli war against Iran. The company also said its net debt would rise to between $25 billion and $27 billion from just over $22 billion in

Iran showing signs of capitulating over Strait of Hormuz

April 14, 2026

(Oil Price) – Iran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term pause to avoid testing the U.S. naval blockade just days before another round of ceasefire talks. The objective is to get through the next week without a maritime incident that derails negotiations before they start. Iran has

IEA chief says Iran war will redraw global energy map

April 14, 2026

(Investing) – The Iran conflict will fundamentally reshape global energy trade, International Energy Agency Executive Director Fatih Birol said Tuesday, as nations reassess their energy partnerships amid heightened tensions. Speaking at Semafor World Economy, Birol said the world will not return to previous energy arrangements after the Strait of Hormuz reopens, following a US blockade of Iranian ports this week. The

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