Thursday, June 4, 2026
Former bp chair disputes ouster after governance allegations- oil and gas 360

Former bp chair disputes ouster after governance allegations

(World Oil) –  Former bp Plc Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company’s version of events, deepening the turmoil around the UK oil major’s latest leadership change. bp ousted Manifold on Tuesday after eight months on the job, citing serious concerns related to “governance standards, oversight and conduct.” The company didn’t provide further details in

ExxonMobil, ConocoPhillips negotiate possible Venezuela comeback- oil and gas 360

ExxonMobil, ConocoPhillips negotiate possible Venezuela comeback

(World Oil) – ExxonMobil and ConocoPhillips are pushing for durable contract terms and a way to resolve billions of dollars owed to them as they consider re-entering Venezuela after exiting the country two decades ago. Both companies are in active negotiations with President Delcy Rodríguez’s government about tapping Venezuela’s vast oil reserves. While they’ve recently said Venezuela has more work to do on

Iran says draft deal with US would reopen Hormuz shipping, end naval blockade- oil and gas 360

Iran says draft deal with US would reopen Hormuz shipping, end naval blockade

(BOE Report) – Iran’s state TV said Tehran had obtained a draft of an initial, unofficial framework for a memorandum of understanding with the United States on ending their conflict. Under the framework, Iran would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month, while the United States would withdraw military forces from Iran’s vicinity

Oil prices fall as traders bet on U.S.-Iran deal- oil and gas 360

Oil prices fall as traders bet on U.S.-Iran deal

(Oil Price) – Oil prices dropped by around 4% early on Wednesday as hopes of a U.S.-Iran deal outweighed concerns about rapidly drawing inventories as the Strait of Hormuz remained closed on the back of fresh U.S.-Iran hostilities. As of early Wednesday trade in Europe, WTI Crude, the U.S. benchmark, is down by 4.32% at $89.83 per barrel. The international benchmark, Brent

Brent rises nearly 2% as US military strikes Iranian boats, missile launch sites- oil and gas 360

Brent rises nearly 2% as US military strikes Iranian boats, missile launch sites

(BOE Report) – Brent crude futures rose nearly 2% in early Asian trade on Tuesday after the U.S. military carried ​out strikes in southern Iran in what it ​described as defensive actions, keeping markets on edge as a deal to end the war eludes both sides. Brent futures climbed $1.40, or 1.5%, to $97.56 a barrel as of 0006 GMT,

EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night August 17–19, 2026, in Denver, Colorado- oil and gas 360

EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night August 17–19, 2026, in Denver, Colorado

(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   DENVER – May 21, 2026

360 Energy Pulse: What mattered this week in energy- oil and gas 360

360 Energy Pulse: What mattered this week in energy

(By Oil & Gas 360) – Energy markets are becoming increasingly defined by shrinking buffers. This week, traders, policymakers, and producers all focused on the same concern: the world has less margin for disruption than it did even a year ago. Tight inventories, constrained LNG supply, and rising geopolitical pressure around Hormuz are forcing markets to reprice risk faster and

The next oil shock may already be starting- oil and gas 360

The next oil shock may already be starting

(By Oil & Gas 360) – The longer the Iran war continues, the less this looks like a temporary geopolitical disruption and the more it resembles the early stages of a structural oil supply crisis. For months, markets have focused on headlines surrounding ceasefires, diplomacy, and tanker traffic through the Strait of Hormuz. But beneath the volatility, the global oil

EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night August 17–19, 2026, in Denver, Colorado- oil and gas 360

EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night August 17–19, 2026, in Denver, Colorado

(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 DENVER – May 21, 2026 –

Vaca Muerta and Argentina’s energy reset- oil and gas 360

Vaca Muerta and Argentina’s energy reset

(By Oil & Gas 360) – For years, Vaca Muerta was viewed as one of the world’s great untapped shale opportunities, massive resources, strong geology, and comparisons to the Permian Basin, but limited by political instability, capital controls, and inconsistent energy policy. Now, the basin is entering a different phase. Located in Argentina’s Neuquén Basin, Vaca Muerta holds the world’s

Goldman Sachs says US natural gas output shows signs of price sensitivity- oil and gas 360

Goldman Sachs says US natural gas output shows signs of price sensitivity

(BOE Report) – Goldman Sachs said in a note on Tuesday that U.S. natural gas production is showing signs of price sensitivity as Henry Hub prices moved back above $3 per million British thermal units this week for the first time since late March. The bank sees the ongoing signs of U.S. dry gas production price sensitivity as the most

New West Data signs letter of intent to acquire significant oil and gas assets near Rocky Mountain house, Alberta- oil and gas 360

New West Data signs letter of intent to acquire significant oil and gas assets near Rocky Mountain house, Alberta

(BOE Report) — New West Data Corp. (“New West Data”), North America’s first vertically integrated oil and gas producer and off-grid digital infrastructure operator, today announced that it has signed a Letter of Intent with Azimuth Capital Management (“Azimuth”) to acquire Entrada Resources Inc. (“Entrada Resources”). Through the proposed Transaction, New West Data intends to purchase all of the shares of Entrada Resources, acquiring a