(By Oil & Gas 360) – Alaska may hold some of the largest undeveloped oil and natural gas resources in North America, yet attracting the capital needed to develop them remains a persistent challenge. That contradiction is becoming increasingly apparent as policymakers seek to revive Arctic energy development while investors continue directing most of their dollars elsewhere. Despite renewed interest
(Oil & Gas360) By Greg Barnett, MBA – If Matt Simmons helped explain the growing engineering complexity beneath the world’s oil reservoirs, Thomas A. Petrie spent decades explaining something equally important above ground: oil is never just a commodity. It is capital, power, diplomacy, security, industrialization, and national survival operating simultaneously. In Following Oil, Petrie chronicled how energy systems reorganize
( Investing) – BEIRUT – The U.S.-Iran agreement — the first signed by an American and an Iranian president since Iran’s 1979 Islamic Revolution — is being hailed by its backers as the deal of the century. But for Tehran’s adversaries across the Middle East — from Israel to Gulf states and factions in Lebanon — it looks more like the
(Oil Price) – Despite historic political headwinds against the global decarbonization effort, clean energy spending continues to see a meteoric rise around the world. The International Energy Agency’s World Energy Investment 2026, published in May of this year, projects that of the $3.4 trillion dollars that the world will spend on energy investments this year, $2.2 trillion will go to clean
(World Oil) – Oil and LNG shipments through the Strait of Hormuz accelerated Thursday as the U.S.-Iran interim agreement began taking effect, with stranded cargoes leaving the Persian Gulf and producers testing the reopening of one of the world’s most important energy corridors. According to vessel-tracking data compiled by Bloomberg, four supertankers carrying approximately 8 million bbl of crude either exited
(Investing) – WASHINGTON – U.S. Vice President JD Vance said the 60-day window laid out in a memorandum of understanding approved by President Donald Trump and Iranian leaders begins on Thursday. “I would say the 60-day period officially started today,” Vance told reporters at a White House briefing. Asked what happens after the 60-day period in terms of governance of the
Natural Gas Inventories as of June 12, 2026 The EIA has released its natural gas inventory report, showing a net increase of 73 Bcf as of June 12, 2026. Working gas in storage was 2,759 Bcf as of Friday, June 12, 2026, according to EIA estimates. This represents a net increase of 73 Bcf from the previous week. Stocks were
