(By Oil & Gas 360) – For much of the modern energy era, executives, investors, and policymakers operated under a shared assumption that periods of disruption would eventually give way to a familiar pattern. Prices would rise, capital would flow into the sector, production would increase, and supply growth would ultimately restore balance. Markets might experience volatility along the way, but
(Oil & Gas 360) – Investor webcast scheduled for June 30, 2026, at 1:00 p.m. PDT. Vancouver, BC – June 23, 2026 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce that Dr. Paul Clarke, President and Chief Executive Officer, will host an investor webcast via Zoom on June 30, 2026,
(World Oil) – Santos has commenced continuous production operations at the Pikka Phase 1 oil development on Alaska’s North Slope, marking a major milestone for one of the region’s largest new oil projects. The company said the first production wells are now online and delivering approximately 20,000 bopd of gross production. Santos expects to begin seawater injection for reservoir pressure support in
(Oil Price) – Oil prices have continued to whipsaw since the U.S. and Iran announced last week signed a deal to make a deal as traffic through the Strait of Hormuz is anything but straight and not expected to normalize within days. Contradictory messaging from Iran and the United States on the navigability of the chokepoint have intensified during the weekend
(BOE Report) – U.S. refiner Phillips 66 CEO Mark Lashier said on Tuesday it would take time for crude supplies to clear through the Strait of Hormuz, as uncertainty remains around a return to normal shipping activity. Passage through the Strait of Hormuz is continuing on a limited basis, easing immediate supply concerns and pushing crude prices lower. Meanwhile, energy
(World Oil) – Baker Hughes has been awarded a long-term service agreement by ANOH Gas Processing Company (AGPC) to provide lifecycle services and digital monitoring support for the ANOH Gas Processing Plant in Nigeria. The agreement covers maintenance, repair services, engineering support and digital monitoring for critical turbomachinery equipment at the facility, including two NovaLT 16 gas turbines. Baker Hughes will also
(Investing) – NEW YORK – Oil prices fell more than a $1 on Tuesday as investors monitored crude flows through the Strait of Hormuz amid signs of progress in U.S.-Iran peace talks. Brent crude futures declined $1.18, or around 1.2%, to $76.72 a barrel while U.S. West Texas Intermediate fell $1.18, or 1.6%, to $72.68 a barrel by 10:06 a.m. ET (1406
