July 22, 2026 - Oil & Gas 360

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

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

The world still runs on fossil fuels

July 22, 2026

(By Oil & Gas 360) – The global energy transition is reshaping investment, policy, and technology. Solar and wind continue to break installation records, battery storage is expanding rapidly, and governments are investing billions of dollars to accelerate decarbonization. Headlines often suggest the world is moving quickly beyond fossil fuels. The data tell a more measured story. Despite extraordinary

Equinor profit soars 93% as oil and gas price spike fuels windfall

July 22, 2026

(Oil Price) – Equinor (EQNR:NYSE) saw a 93% jump in its second-quarter profit from a year earlier as oil and gas prices soared during the Middle East crisis and delivered windfall earnings to the biggest energy firms. The Norwegian major on Wednesday reported an adjusted operating income after tax of $3.225 billion for the second quarter, up by 93% from the $1.670

More Red Sea shipments disrupted as Rubio says Iran not serious about talks

July 22, 2026

(BOE Report) – U.S. Secretary of State Marco Rubio said on Wednesday that Iran is not serious about talks to end their war, as the widening conflict disrupted two of the world’s most critical energy chokepoints. Four tankers carrying Saudi crude to Asia reversed course in the Red Sea on Wednesday, a day after three others had done so, following

Capstone Energy+ to supply flare gas recovery system for Maurel & Prom’s Gabon field

July 22, 2026

(World Oil) – Capstone Energy+ has signed a 36-month lease agreement with Maurel & Prom to supply a C600 Signature Series microturbine for a flare gas recovery project at the operator’s onshore oilfield in Gabon. The project will recover associated gas that would otherwise be flared and convert it into on-site electricity for field operations. Commissioning is expected in November 2026. The microturbine will

Explainer-Why is a proposed US-Saudi nuclear pact causing alarm in Washington and the Middle East?

July 22, 2026

(Investing) – DUBAI – The Trump administration backs a nuclear energy pact with Riyadh allowing Saudi Arabia to enrich uranium and process spent atomic fuel, two sources have said, a move that may worry regional states concerned about weapons proliferation. Here are some of the main issues at play: WHAT HAS HAPPENED SO FAR? Washington and Riyadh have for years been discussing

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

U.S. crude oil inventories increase by 2.0 million barrels

July 22, 2026

Weekly Crude Oil Storage as of July 17, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.0 million barrels from the previous week. At 411.7 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,

Premium Content