May 22, 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 22, 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

360 Energy Pulse: What mattered this week in energy

May 22, 2026

(By Oil & Gas 360) – Energy markets are becoming increasingly defined by shrinking buffers. This week, traders, policymakers, and producers all focused on the same concern: the world has less margin for disruption than it did even a year ago. Tight inventories, constrained LNG supply, and rising geopolitical pressure around Hormuz are forcing markets to reprice risk faster and

U.S. Ethanol Policy: Measured outcomes versus stated intent

May 22, 2026

(Oil & Gas 360) By Greg Barnett, MBA – Ethanol has been embedded in U.S. fuel policy for more than a century, with modern support accelerating after the 1970s oil shocks and becoming structurally fixed through the Renewable Fuel Standard (RFS) enacted in 2005 and expanded in 2007. The stated objectives have remained consistent: improve energy security, reduce emissions, and support

The next oil shock may already be starting

May 22, 2026

(By Oil & Gas 360) – The longer the Iran war continues, the less this looks like a temporary geopolitical disruption and the more it resembles the early stages of a structural oil supply crisis. For months, markets have focused on headlines surrounding ceasefires, diplomacy, and tanker traffic through the Strait of Hormuz. But beneath the volatility, the global oil

EU warns energy prices will stay elevated through 2027

May 22, 2026

(Oil Price) – Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and economic growth. Speaking after a meeting of eurozone finance ministers in Cyprus on Friday, EU Economy Commissioner Valdis Dombrovskis said higher energy costs are

Plains oil pipeline shut down after rupture in East Los Angeles, company says

May 22, 2026

(Investing) – An oil pipeline operated by Plains All American in East Los Angeles, California, was shut down after a rupture, the company said on Friday. The line was struck by a third party conducting excavation work, the company added. It did not provide details on how much oil may have leaked or a timeline on when flows would be restored. The ruptured pipeline

TotalEnergies eyes $100M+ stake sales in European solar and wind portfolio

May 22, 2026

(Oil Price) – TotalEnergies is considering selling 50% of some of its solar and wind assets in Europe as part of its strategy to partner with other companies in operating and monetizing its clean energy portfolio, Bloomberg reported on Friday, quoting anonymous sources with knowledge of the plans. The France-based oil and gas supermajor, which has been developing a global renewable energy

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

U.S. rig count increased by 7, is at 558

May 22, 2026

This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count of 558 rigs. Canada increased by 14 over last week, resulting in a total Canadian count of 138 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford, Eagle Ford and Permian regions experienced an increase

Noble appoints Halliburton CEO Jeff Miller to board

May 22, 2026

(World Oil) – Noble Corporation has appointed Jeff Miller to its board of directors, adding additional offshore drilling and oilfield services leadership experience to the company’s board. Miller currently serves as chairman, president and CEO of Halliburton, one of the world’s largest oilfield services companies. “I am delighted to welcome Jeff to Noble’s Board of Directors,” said Charles Sledge, Noble chairman. “With deep industry expertise and

Alberta government will hold non-binding referendum on staying in Canada, premier says

May 22, 2026

(BOE Report) – Canada’s oil-rich province of Alberta will proceed with a non-binding referendum in October on whether its residents want to remain part of Canada, Premier Danielle Smith said Thursday, a largely symbolic move that could still pose a major challenge for Prime Minister Mark Carney. The ballot box question will not trigger separation, Smith said, but will instead

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