Thursday, June 4, 2026
Geothermal steps into the spotlight as AI drives power demand- oil and gas 360

Geothermal steps into the spotlight as AI drives power demand

(By Oil & Gas 360) – Geothermal energy is having a moment, and this time, it’s not driven by policy headlines or climate targets alone. It’s being pulled forward by something more immediate: the need for reliable, always-on power. A series of recent developments is reshaping how investors and operators think about geothermal’s role in the U.S. energy mix. EIG’s

The global supply reset: The Middle East, still the core, but under pressure- oil and gas 360

The global supply reset: The Middle East, still the core, but under pressure

(Oil & Gas 360) – The Middle East remains the center of gravity in global energy, but it is no longer viewed as a stable foundation. It is now both the system’s anchor and its primary fault line. No other region combines scale, cost advantage, and spare capacity the way the Middle East does. Saudi Arabia and the UAE continue

TotalEnergies sees Q1 profit surge on high prices, strong trading- oil and gas 360

TotalEnergies sees Q1 profit surge on high prices, strong trading

(Oil Price) – Higher oil and gas prices and volatile energy commodity markets are set to more than offset production losses from the Middle East at French supermajor TotalEnergies, which expects significantly higher upstream and LNG trading profits. In the early days of the war, TotalEnergies warned that the conflict had effectively shut in 15% of its global oil and gas output, while

Mexico’s oil and gas sector needs certainty to drive investment, AMEXHI says- oil and gas 360

Mexico’s oil and gas sector needs certainty to drive investment, AMEXHI says

(World Oil) – The Mexican Association of Hydrocarbons Companies (AMEXHI) has expressed support for the federal government’s gas strategy aimed at strengthening energy sovereignty, while emphasizing the need for improved investment conditions to advance oil and gas development. The industry group said that enhancing competitiveness, regulatory certainty and physical security will be critical to attracting capital and accelerating upstream activity in

China added more crude to its massive stockpile in March, but outlook shifts: Russell- oil and gas 360

China added more crude to its massive stockpile in March, but outlook shifts: Russell

(BOE Report) – China continued to build the world’s largest stockpile of crude oil in March even as the rest of the world started to draw on inventories to compensate for the loss of millions of barrels from the effective closure of the Strait of Hormuz. China, the world’s biggest crude importer, had surplus oil of 1.74 million barrels per

Solid-state batteries could shatter China's grip on global energy storage- oil and gas 360

Solid-state batteries could shatter China’s grip on global energy storage

(Oil Price) – The global battery sector is on fire – and we’re not just talking about lithium-ion battery explosions. In 2025, the global lithium-ion battery market topped USD $150 billion in 2025, marking a stunning 20 percent year-on-year increase. But current lithium-ion battery design has some key limitations, opening up a potentially massive market for competitive designs. One of the major

US will punish fraud and insider trading, derivatives regulator tells Congress- oil and gas 360

US will punish fraud and insider trading, derivatives regulator tells Congress

(Investing) – WASHINGTON – Washington’s top derivatives regulator on Thursday reassured lawmakers that the United States will punish fraud as concern mounts on Capitol Hill that oil, stock and prediction market players are illicitly trading on inside information from the White House, according to prepared remarks seen by Reuters. The first congressional testimony by the current chair of the U.S. Commodity

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

Weekly Gas Storage: Inventories increase by 59 Bcf

Natural Gas Inventories as of April 10, 2026 The EIA has released its natural gas inventory report, showing a net increase of 59 Bcf as of April 10, 2026. Working gas in storage was 1,970 Bcf as of Friday, April 10, 2026, according to EIA estimates. This represents a net increase of 59 Bcf from the previous week. Stocks were