(By Oil & Gas 360) – California’s energy system is heading toward a tighter balance, and it’s happening at the same time global supply risks are rising. Refinery closures across the state are steadily reducing in-state capacity. Over the past several years, California has lost meaningful refining throughput as facilities have shut down, converted to renewable fuels, or scaled
(Oil & Gas 360) By Greg Barnett, MBA – The United States is producing more crude oil than any country ever has, rebuilding its emergency petroleum buffer, exporting record volumes of crude and fuels to allies, and still confronting stubbornly high gasoline prices at home. At the same time, it is asking producers to drill even more into a market where
(By Oil & Gas 360) – Ecuador’s oil and gas sector sits at a familiar but increasingly urgent point: strong resource potential, declining production, and a government actively trying to bring foreign capital back into the system. What makes Ecuador different today is not the geology, but the tension between investment opportunity and political reality. With roughly 8 billion barrels
(Oil & Gas 360) By Greg Barnett, MBA – For oil and gas investors, the defining feature of energy’s resurgence since 2019 has not been commodity prices alone, nor a cyclical rebound driven by leverage to higher oil. It has been something far more fundamental, and historically rare for the sector: sustained capital discipline executed consistently by management teams across the
(By Oil & Gas 360) – Energy markets moved into a more fragile phase this week. Even as talk of diplomacy resurfaced, physical disruptions continued to ripple through oil and gas flows. The result is a market that no longer reacts to single events but to overlapping risks, supply interruptions, demand shifts, and policy responses all at once. THIS WEEK’S
(By Oil & Gas 360) – Two countries. Two frontier basins. Two very different stages of the same story. Guyana and Namibia are now central to the next wave of global oil supply. Both have delivered major discoveries, attracted the world’s largest oil companies, and reshaped the flow of capital into frontier exploration. But beyond the surface similarities, they represent very
(Oil & Gas 360) By Greg Barnett, MBA – Texas has LNG export terminals. Louisiana has many. The United States is now the world’s largest exporter of liquefied natural gas. Mississippi, despite its Gulf Coast location and long history with energy infrastructure, has none. At first glance, that absence appears anomalous. Mississippi sits between two LNG powerhouses, has access to major
(By Oil & Gas 360) – As established supply centers face constraints, attention is shifting toward the next wave of production. These are not traditional basins. They are emerging, less developed, higher-risk regions, but increasingly necessary in a market that needs new supply. Frontier exploration is back. Recent offshore discoveries in Namibia have re-energized interest in underexplored basins, suggesting that
(Oil & Gas 360) By Greg Barnett, MBA – Thailand’s recent decision to explore crude supply options with Oman reflects not a collapse in access to Iranian oil, but a deeper vulnerability to the geopolitical architecture surrounding it. Thailand does not meaningfully import Iranian crude. However, the U.S.–Iran war, combined with Washington’s tightened maritime blockade and secondary sanctions, has exposed how
(By Oil & Gas 360) – Greenland has been called the next frontier in oil and gas for decades. What’s changing now is that the conversation is shifting from possibility to relevance. As global supply becomes more fragmented and geopolitical risk reshapes energy flows, previously overlooked regions are coming back into focus. Greenland sits squarely in that category, remote, complex,
(Oil & Gas 360) By Greg Barnett, MBA – For most of the modern energy era, the United States was viewed as a permanent importer of natural gas. That assumption collapsed in 2016, when LNG cargo Asia Vision departed Louisiana’s Sabine Pass terminal, marking the first large‑scale export of shale‑era U.S. natural gas. In less than a decade, the United States
(By Oil & Gas 360) – Eurasia holds some of the largest natural gas resources in the world. The challenge has never been geology; it’s been access. From Russia’s vast reserves to Central Asia’s underdeveloped basins and the emerging potential of the Caspian and Eastern Mediterranean, Eurasia is rich in gas. Yet much of that supply remains constrained by infrastructure, geopolitics, and
