Exclusive: Eni SpA at EnerCom Denver – The Energy Investment Conference 2025
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Eni is a global
Exclusive: Eni SpA at EnerCom Denver – The Energy Investment Conference 2025
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Eni is a global energy company engaged in the exploration,
New Permian pipeline project addresses growing gas demand
(Oil Price) – ONEOK, Inc., MPLX LP, Whitewater, and Enbridge Inc. announced a new natural gas
Cenovus to acquire oil sands producer MEG for $5.7 billion
(World Oil) – Cenovus Energy has entered into a definitive agreement to acquire
Crescent Energy to acquire Vital Energy in $3.1 billion shale deal
(BOE Report) – U.S. shale producer Crescent Energy said on Monday it
New Permian pipeline project addresses growing gas demand
(Oil Price) – ONEOK, Inc., MPLX LP, Whitewater, and Enbridge Inc. announced a new natural gas pipeline project to transport gas from the Permian Basin to the U.S. Gulf Coast. The Eiger Express Pipeline will be a 450-mile, 42-inch pipeline designed to transport up
Cenovus to acquire oil sands producer MEG for $5.7 billion
(World Oil) – Cenovus Energy has entered into a definitive agreement to acquire MEG Energy in a cash and stock transaction valued at $7.9 billion CAD ($5.7 billion USD), inclusive of assumed debt. The deal follows MEG’s recent rejection of a lesser
Crescent Energy to acquire Vital Energy in $3.1 billion shale deal
(BOE Report) – U.S. shale producer Crescent Energy said on Monday it would acquire smaller peer Vital Energy in an all-stock deal valued at $3.1 billion, including debt. Vital shareholders will receive 1.9062 shares of Crescent common stock for each share held,
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 3 million barrels
Weekly Crude Oil Storage as of August 8, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3 million barrels from the previous week. At 426.7 million barrels, U.S. crude oil inventories are 6%
Weekly Gas Storage: Inventories increase by 13 Bcf
Natural Gas Inventories as of August 15, 2025 The EIA has released its natural gas inventory report, showing a net increase of 13 Bcf as of August 15, 2025. Working gas in storage was 3,199 Bcf as of Friday, August
U.S. rig count decreased by 1 is at 538
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count of 538 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 180
