June 17, 2026

Big Tech’s nuclear future is creating a new uranium story

June 17, 2026

(By Oil & Gas 360) – The artificial intelligence revolution is creating an unexpected winner in the energy sector: uranium. For years, uranium and nuclear energy occupied a relatively niche corner of the investment landscape, supported primarily by utilities, governments, and a handful of long-term investors. Today, that picture is changing rapidly. The rise of artificial intelligence, hyperscale data centers, and

The Pickens Plan revisited: Policy fragmentation and the failure to scale natural gas transportation

June 17, 2026

(Oil & Gas 360) By Greg Barnett, MBA, Part 2 of 3- The United States has not failed to recognize the potential of natural gas as a transportation fuel. On multiple occasions, the concept has been elevated to the national stage, debated within Congress, and supported by both industry and policymakers. The most prominent example remains the effort led by

Kosmos closes $127 million Equatorial Guinea asset divestment

June 17, 2026

(World Oil) – Kosmos Energy has completed the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to Panoro Energy, advancing the company’s strategy to streamline its portfolio and strengthen its balance sheet. The final cash consideration totaled approximately $127 million following closing adjustments, with additional contingent payments of up to $40 million

IEA sees significant 2027 oil surplus after Hormuz recovery

June 17, 2026

(BOE Report) – The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International Energy Agency said in its monthly oil market report on Wednesday. The U.S. has announced an interim agreement to end the Iran war, which includes Iran reopening the strait and the U.S. lifting

Trump says he did not want to see economic catastrophe as he defends Iran deal

June 17, 2026

(Investing) – EVIAN-LES-BAINS, France – U.S. President Donald Trump on Wednesday defended the U.S. deal with Iran in his remarks at the close of a G7 summit in France, saying he did not want to see an economic catastrophe that could have been triggered by a continued war in the Middle East. “So the one thing I didn’t want to see

U.S. crude oil inventories decrease by 6.1 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 8.3 million barrels

June 17, 2026

Weekly Crude Oil Storage as of June 12, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 8.3 million barrels from the previous week. At 418.2 million barrels, U.S. crude oil inventories are 6% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,

Big Tech’s nuclear future is creating a new uranium story

The Pickens Plan revisited: Policy fragmentation and the failure to scale natural gas transportation

Kosmos closes $127 million Equatorial Guinea asset divestment

IEA sees significant 2027 oil surplus after Hormuz recovery

Trump says he did not want to see economic catastrophe as he defends Iran deal

U.S. crude oil inventories decrease by 8.3 million barrels

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