August 3, 2026

Register to attend the 31st EnerCom Denver – The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

August 3, 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, and request 1×1 meetings Sponsorship opportunities are available for companies seeking to increase their market presence Recognized as the largest independent investor conference serving the global oil and gas industry and the broader

Tight global inventories outweigh OPEC+ production increase, analyst says

August 3, 2026

(World Oil) – Tightening global oil inventories and continued geopolitical instability are expected to keep crude prices supported through August, even as OPEC+ moves to restore additional production, according to Tamas Varga, analyst at PVM Oil Associates, part of TP ICAP. Varga said the oil market remains dominated by geopolitical risks stemming from conflicts in the Middle East and Ukraine, while trade

Saudi oil reroutes hit capacity and security limits

August 3, 2026

(Oil Price) – When Iran shut down the Strait of Hormuz, Saudi Arabia quickly redirected its oil flows to the Red Sea. Now, that route has become dangerous because of the Houthi blockade, so Saudi is rerouting to Egypt—and two LNG tankers in the Egyptian port of Damietta just got struck by drones. OPEC’s number-one is running out of options to

Petrobras confirms new deepwater gas discovery offshore Colombia

August 3, 2026

(World Oil) – Petrobras has confirmed a new deepwater natural gas discovery at the Sandia-1 exploratory well in Colombia’s GUA-OFF-0 Block, further expanding the company’s growing offshore gas portfolio in the country. The Sandia-1 well, located approximately 42 km offshore in 1,251 m (4,104 ft) of water, encountered gas-bearing intervals that are being evaluated through well logging, with laboratory analyses planned to further

War-fueled oil rally set to lift shale profits to highest since 2022

August 3, 2026

(BOE Report) – U.S. shale producers are expected to report their strongest quarterly profits since 2022 after the Iran war sent crude prices soaring, with analysts expecting much of the windfall to be returned to shareholders rather than spent on expanding production. ConocoPhillips, Occidental Petroleum, EOG Resources, Diamondback Energy and Devon Energy are among the producers expected to post sharply stronger

Trump calls on oil companies to lower gasoline prices

August 3, 2026

(Investing) – President Donald Trump criticized oil companies on Monday and demanded they reduce gasoline prices for American consumers. In a Truth Social post, Trump specifically addressed Chevron CEO Mike Wirth for not acknowledging the administration’s support of the oil industry during a television interview. Trump stated that his administration helped create opportunities for oil companies, including establishing a market in

Register to attend the 31st EnerCom Denver – The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Tight global inventories outweigh OPEC+ production increase, analyst says

Saudi oil reroutes hit capacity and security limits

Petrobras confirms new deepwater gas discovery offshore Colombia

War-fueled oil rally set to lift shale profits to highest since 2022

Trump calls on oil companies to lower gasoline prices

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