July 16, 2026 - Oil & Gas 360

Register to attend EnerCom Denver August 17–19, 2026, in Denver, Colorado

July 16, 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 EnerCom, Inc. (“EnerCom”) is pleased

TotalEnergies sees stronger Q2 profit as refining and oil trading surge

July 16, 2026

(Oil Price) – TotalEnergies expects higher cash flows from its oil production and strong refining margins and oil trading results to boost second-quarter profits compared to the prior quarter, as oil prices rose and fuel markets tightened in the wake of the Iran war. “Downstream results and cash flow are expected to increase sharply compared to the first quarter of 2026,

Tradewater acquires Carbon Shield to expand orphaned well methane projects

July 16, 2026

(World Oil) – Tradewater has acquired Colorado-based Carbon Shield, expanding its capabilities to plug orphaned oil and gas wells and accelerate methane mitigation projects in Colorado and Wyoming. The acquisition strengthens Tradewater’s growing portfolio of orphaned well remediation projects by adding Carbon Shield’s established relationships, operational expertise and pipeline of wells targeted for plugging in the Rocky Mountain region. Tradewater entered the orphaned

First U.S. LNG cargo since tariff dispute reaches China, may be re-exported

July 16, 2026

(BOE Report) – A cargo of U.S. liquefied natural gas has arrived at a Chinese terminal for the first time since trade tensions between Washington and Beijing effectively halted direct shipments, vessel-tracking data showed, though it may never enter China as the terminal’s bonded storage facilities allow re-exports without import duties. Carrying a cargo loaded in early June from U.S.

Baker Hughes closes Chart acquisition, adds third operating segment

July 16, 2026

(World Oil) – Baker Hughes has completed its acquisition of Chart Industries, expanding its portfolio of industrial energy technologies and establishing Chart as the company’s third operating segment. The acquisition adds Chart’s capabilities in thermal management, air and gas handling, and lifecycle services, broadening Baker Hughes’ presence across markets including LNG, gas infrastructure, carbon capture and storage, nuclear, geothermal and data centers. Chart

US lawmakers seek a crackdown on solar imports they say dodge duties

July 16, 2026

(Investing) – A bipartisan group of U.S. lawmakers on Thursday urged the Trump administration to crack down on imports of what they say are partially finished solar cells that are being used to evade trade duties and improperly claim federal manufacturing tax credits, according to a letter seen by Reuters. The debate over so-called blue wafers is part of a long-running

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

Weekly Gas Storage: Inventories increase by 41 Bcf

July 16, 2026

Natural Gas Inventories as of July 10, 2026 The EIA has released its natural gas inventory report, showing a net increase of 41 Bcf as of July 10, 2026. Working gas in storage was 3,024 Bcf as of Friday, July 10, 2026, according to EIA estimates. This represents a net increase of 41 Bcf from the previous week. Stocks were

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