Thursday, August 20, 2026
Exxon output drops 6% as Middle East war disrupts Gulf operations- oil and gas 360

Exxon output drops 6% as Middle East war disrupts Gulf operations

(World Oil) – ExxonMobil lost 6% of its global production in the first quarter as the Iran war paralyzed oil and natural gas operations in the Persian Gulf. Half those outages were from a liquefied natural gas complex in Qatar in which Exxon is a partner, the company said Wednesday. Two LNG production lines, or trains, at the facility were damaged by

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 50 Bcf

Natural Gas Inventories as of April 3, 2026 The EIA has released its natural gas inventory report, showing a net increase of 50 Bcf as of April 3, 2026. Working gas in storage was 1,911 Bcf as of Friday, April 3, 2026, according to EIA estimates. This represents a net increase of 50 Bcf from the previous week. Stocks were

Energy Market Assessment: Buy-low opportunity with supply & demand trends consensus beating- oil and gas 360

Energy Market Assessment: Buy low opportunity with supply & demand trends consensus

(Oil & Gas 360) – Springtime Seasonal-Low Territory For Natural Gas Makes Next Extra-Good, Buy-Low Opportunity With Supply/Demand Trends Consensus Beating. The Winter Delightfully mild has consensus interest, desires and expectations, on supplying natural gas and its prices, low.  Only 5 of the 28 weeks since mid-September (Figure 1, red line), weighted for natural gas heat colder than normal (bold dot) highlights

Australia considers emergency powers to protect domestic gas supply- oil and gas 360

Australia considers emergency powers to protect domestic gas supply

(Oil Price) – Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 36 Bcf

Natural Gas Inventories as of March 27, 2026 The EIA has released its natural gas inventory report, showing a net increase of 36 Bcf as of March 27, 2026. Working gas in storage was 1,865 Bcf as of Friday, March 27, 2026, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week. Stocks were

Chevron and Microsoft team up for giant Texas gas power plant- oil and gas 360

Chevron and Microsoft team up for giant Texas gas power plant

(Oil Price) – Chevron, Microsoft, and Engine No. 1 are negotiating a team-up for a multi-billion power plant in West Texas intended to power a huge data center campus, in the latest energy deal to power AI infrastructure. “Chevron, Microsoft, and Engine No. 1 have entered into an exclusivity agreement related to a proposed power generation and electricity offtake arrangement,” the

UAE investment firm buys U.S. midstream gas assets for $2.25 billion- oil and gas 360

UAE investment firm buys U.S. midstream gas assets for $2.25 billion

(Oil Price) – 2PointZero, an Abu Dhabi-based investment company focused on energy infrastructure, has signed a deal to buy 100% in U.S. firm Traverse Midstream Partners, owner of minority stakes in natural gas pipelines, for $2.25 billion. 2PointZero, led by Sheikh Tahnoon bin Zayed Al Nahyan, the Deputy Ruler of Abu Dhabi, entered in the deal through its subsidiary E Point

G7 moves to steady oil markets: by Oil & Gas 360- oil and gas 360

Energy Directions: United States Energy Price Outlook, March 2026

(Oil & Gas 360) – United States Energy Price Outlook, Natural Gas Outlook, Supply/Demand Assessment, March 2026 More fear continues providing great buy-low opportunity.  The word “Tariff” creating great fear has been joined by “War” and “Recession” fear that are increasing uncertainty.  The S&P 500 had a 16.4% gain in 2025.  It was up 0.5% year to date (YTD) before

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 no longer reacting to a single narrative. This week, prices moved amid geopolitical escalation, policy signals, and shifting supply expectations. While oil briefly surged on Middle East tensions, it also pulled back on commentary pointing to potential downside. Beneath the volatility, a more important trend is taking hold: global energy flows

Gas shock overtakes oil as LNG supply strains global markets: by Oil & Gas 360- oil and gas 360

Gas shock overtakes oil as LNG supply strains global markets: by Oil & Gas 360

(By Oil & Gas 360) – The global energy narrative is shifting. What began as an oil-driven crisis is quickly evolving into a gas problem—and in many regions, a more immediate one. Disruptions to LNG flows from the Middle East are tightening global supply just as demand remains elevated across Asia and Europe. With Qatar’s export capacity constrained, gas markets

Helium shortage has started impacting tech supply chains, execs say- oil and gas 360

Helium shortage has started impacting tech supply chains, execs say

(Investing) – SHANGHAI  – Tightened supply of helium due to the Middle East conflict has started affecting some production in the global tech supply chains, leaving companies scrambling to secure alternative supplies, industry executives said. Helium is used in several key stages of chipmaking, including cooling, leak detection and precision manufacturing processes, and its prices have soared since the Middle East

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 54 Bcf

Natural Gas Inventories as of March 20, 2026 The EIA has released its natural gas inventory report, showing a net decrease of 54 Bcf as of March 20, 2026. Working gas in storage was 1,829 Bcf as of Friday, March 20, 2026, according to EIA estimates. This represents a net decrease of 54 Bcf from the previous week. Stocks were