August 31, 2026 - Oil & Gas 360

Exclusive: Flotek Industries at EnerCom Denver – The Energy Investment Conference 2026

August 31, 2026

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a limited time. Flotek is a technology-driven, specialty chemistry and data company that serves customers across industrial, commercial and consumer markets. Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through

The biggest oil deal in world history? Maybe. The documents will decide

August 31, 2026

(Oil & Gas 360) by Greg Barnett, MBA – Inside America’s 65-Billion-Barrel Venezuela Transaction: President Donald Trump calls it “The Biggest Oil Deal in World History.” Venezuela says the agreement covers 17 strategic oil fields containing approximately 65 billion barrels of recoverable oil, could attract more than $100 billion of private investment and could generate more than $209 billion of

Exclusive: APA Corporation at EnerCom Denver- The Energy Investment Conference 2026

August 31, 2026

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a limited time. APA Corporation’s subsidiaries have operations in the United States, Egypt’s Western Desert and the United Kingdom’s North Sea and exploration opportunities offshore Suriname. Since 1954, our team has been unified by our values, our commitment to building shareholder

U.S. Army to spend $2.2B on nuclear microreactors at military bases

August 31, 2026

(Oil Price) – Back in October 2025, the U.S. Army unveiled the Janus Program to supply portable nuclear microreactors to military bases by 2028. Whereas these reactors are much smaller than conventional nuclear plants, they typically generate 1-20 megawatts of electricity per reactor, significantly more than what the biggest portable generators can manage. That makes them ideal for the military, considering that

SLB to acquire Kelvion for $3.4 billion in data center infrastructure expansion

August 31, 2026

(World Oil) – SLB has agreed to acquire thermal management technology provider Kelvion for approximately $3.4 billion in cash, expanding the oilfield services company’s presence in data center infrastructure as artificial intelligence drives increased investment in power and cooling capacity. Under the agreement, SLB will acquire Kelvion from majority owner Apollo-managed funds and minority shareholder Triton. SLB will also assume approximately $700 million of debt.

Trump to host oil executives after accusing refiners of gouging consumers

August 31, 2026

(BOE Report) – President Donald Trump has accused U.S. oil refiners of gouging Americans, called for a Justice Department investigation and urged companies to use their bumper earnings to bring down gasoline prices that spiked amid the ongoing conflict with Iran. On Tuesday, he is expected to host many of those companies at the White House to celebrate efforts to

Depleted US oil stash loses potency as Iran war grinds on

August 31, 2026

(Investing) – WASHINGTON/HOUSTON – Six months into the U.S.-Israeli war with Iran, Washington may find it harder to calm jittery oil markets after U.S. presidents drained the aging Strategic Petroleum Reserve over the last five years. The SPR, which Washington created after the oil crises of the 1970s, holds crude in a series of 60 underground salt caverns along the coasts

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