global energy Archives - Oil & Gas 360

Flowserve completes $490 million acquisition of Trillium valves business

July 1, 2026

(World Oil) – Flowserve has completed its $490 million all-cash acquisition of Trillium Flow Technologies’ Valves Division (TVD), expanding its portfolio of engineered flow-control products and services for global energy and industrial markets. The acquisition adds Trillium’s portfolio of mission-critical valves, actuators and flow-control equipment, strengthening Flowserve’s capabilities across conventional and emerging energy applications, as well as industrial infrastructure. The transaction excludes

OAG360 Past Prologue Series: We have met the enemy

May 19, 2026

(Oil & Gas 360) By Greg Barnett, MBA – (Part 6 of 6)- Energy debates often assume an external villain. Geology failed. Policy interfered. OPEC conspired. Capital fled. Technology disappointed. Pick a narrative and assign blame. Most of them are convenient. A few of them are complete. The uncomfortable truth is simpler. The system we have today is the one we

Canada’s energy basins: Onshore, offshore, frontier, and what comes next

May 14, 2026

(By Oil & Gas 360) Part II – If Part I is about what Canada has built, Part II is about what it hasn’t fully unlocked. Because the next phase of Canada’s energy story is not just in the Western Canadian Sedimentary Basin. It’s onshore, it’s offshore, it’s frontier, and increasingly, it’s global. For decades, Canada’s oil and gas system was

The global supply reset: Where the next barrels are coming from

April 8, 2026

(By Oil & Gas 360) – Global energy supply is being reshaped, not by a single event, but by a shift in where the next barrels are coming from. For much of the past decade, the story was relatively clear. U.S. shale growth, OPEC+ management, and steady demand shaped a market that, while volatile, remained broadly predictable. That framework is

Big Oil to reap billions from Iran war windfall after a month of soaring energy prices

March 27, 2026

(BOE Report) – As Big Oil executives gathered this week and discussed the biggest-ever disruption to global energy supplies due to the war in Iran, there was one impact they did not address publicly: the multibillion-dollar windfall they will make because of soaring prices for the energy they sell. Global benchmark Brent crude has so far averaged around $97 per

The United States: The world’s marginal producer of the cleanest, most reliable barrels

March 17, 2026

(Oil & Gas 360) By Greg Barnett, MBA – The global energy system depends on one supplier more than any other to balance markets, stabilize prices and step in when the world needs additional crude oil or natural gas. That supplier is the United States. Through scalability, operational integrity and the lowest emissions intensity among major producers, the U.S. has become

What DECARBON 2026 Reveals About the Industry’s Next Move- oil and gas 360

What DECARBON 2026 Reveals About the Industry’s Next Move on February 9-10, 2026

January 12, 2026

(Oil & Gas 360) – The oil and gas industry is moving from intention to action. With a focus on sustainability and operational advancements, this sector is investing in groundbreaking technologies to meet new demands. Find out how the Oil and Gas Decarbonisation Congress (DECARBON) 2026 is driving this transformation and reshaping the global energy landscape. The oil and gas sector

Why Rosneft’s Kurdistan exit could reshape global energy

November 25, 2025

(Oil Price)– As exclusively revealed to OilPrice.com some years ago by a very high-ranking official from the Kremlin: “By keeping the West out of energy deals in Iraq, the end of Western hegemony in the Middle East will become the decisive chapter in the West’s final demise.” Consequently, the push has been on from Russia and China – especially since

OPEC Chief: The world needs $18.2 trillion in oil and gas investment

October 15, 2025

(Oil Price) – The world needs more investment in oil and gas as they will continue to account for a large part of the global energy mix in 2050, OPEC Secretary General Haitham Al Ghais said on Wednesday, reiterating the cartel’s view that investment in new supply will be needed in the foreseeable future. Primary energy demand will jump by 23%

Global Energy Show: Alberta’s premier says new federal regime will have to prove changed attitude

June 16, 2025

(World Oil) – During the Executive Conference of the Global Petroleum Show last week, Alberta’s premier, Danielle Smith, provided an update on the province’s energy sector and gave her assessment of the new federal administration’s policies on energy. In so doing, Smith said that Alberta’s energy potential is still abundant, but the regime of Prime Minister Mark Carney still needs

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

March 2, 2023

Nasdaq LONDON – Global energy-related emissions of carbon dioxide hit a record high last year, although more clean technology such as solar power and electric vehicles helped limit the impact of increased coal and oil use, the International Energy Agency (IEA) said on Thursday. Deep cuts in emissions, mainly from burning fossil fuels, will be needed over the coming

Crude jumps to multi-year highs on global energy crunch

October 11, 2021

Reuters LONDON – Oil prices rose by about 2% on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers. Brent crude was up $1.45, or 1.8%, at $83.84 a barrel by 1336 GMT, its highest since October 2018. U.S. West Texas Intermediate (WTI) crude rose $1.71, or

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