May 21, 2026 - Oil & Gas 360

EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night August 17–19, 2026, in Denver, Colorado

May 21, 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 Limited presentation openings are available for E&P, Midstream, OFS, Energy Transition, and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase their market presence DENVER – May 21, 2026 –

Vaca Muerta and Argentina’s energy reset

May 21, 2026

(By Oil & Gas 360) – For years, Vaca Muerta was viewed as one of the world’s great untapped shale opportunities, massive resources, strong geology, and comparisons to the Permian Basin, but limited by political instability, capital controls, and inconsistent energy policy. Now, the basin is entering a different phase. Located in Argentina’s Neuquén Basin, Vaca Muerta holds the world’s

US natural gas storage capacity rises in 2025, says EIA

May 21, 2026

(BOE Report) – U.S. underground natural gas storage capacity of the 375 active storage fields in the Lower 48 states increased in 2025, according to an annual report by the U.S. Energy Information Administration (EIA) on Thursday. The EIA uses two metrics to assess storage capacity: demonstrated peak capacity, which rose 0.1%, or 6 billion cubic feet (bcf), in 2025,

Saudi oil export income jumped to 3.5-year high in March as prices soared

May 21, 2026

(Oil Price) – Despite the lowest production and export volumes on record, Saudi Arabia saw the value of its oil exports surge by 37.4% in March to the highest level in three and a half years, data from Saudi Arabia’s General Authority for Statistics showed. The value of the Kingdom’s total merchandise exports rose by 21.5% in March 2026 from a year earlier,

ConocoPhillips says Venezuela oil reforms still fall short for investors

May 21, 2026

(World Oil) – The head of ConocoPhillips said Venezuela’s initial steps to attract foreign oil companies that could help revive the nation’s production are falling well short of what’s needed to convince firms to invest. The recent changes to Venezuela’s oil law intended to entice foreign drillers still give the government wide latitude to charge royalties of up to 30%, as much as

OPEC+ set to raise July oil output by 188,000 barrels per day

May 21, 2026

(Investing) – Seven leading OPEC+ oil-producing countries are likely to agree to a modest increase in July output when they meet on June 7, according to a Reuters report on Thursday. The monthly target set by the seven core members is expected to rise by approximately 188,000 barrels per day, though delivery for several nations remains disrupted by the Iran war.

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

Weekly Gas Storage: Inventories increase by 101 Bcf

May 21, 2026

Natural Gas Inventories as of May 15, 2026 The EIA has released its natural gas inventory report, showing a net increase of 101 Bcf as of May 15, 2026. Working gas in storage was 2,391 Bcf as of Friday, May 15, 2026, according to EIA estimates. This represents a net increase of 101 Bcf from the previous week. Stocks were

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