Tuesday, July 21, 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

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

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

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

BlackRock CEO warns oil could hit $150 amid Iran threat concerns- oil and gas 360

BlackRock CEO warns oil could hit $150 amid Iran threat concerns

(Investing) – BlackRock CEO Larry Fink warned that oil prices could climb to $150 per barrel and trigger a global recession if Iran continues to pose a threat to regional stability after the current conflict ends. Fink told BBC’s Big Boss Interview podcast published on Wednesday that sustained threats to trade and the Strait of Hormuz could keep oil prices above $100 and

$5 billion pipeline deal could be coming to the Gulf Coast- oil and gas 360

$5 billion pipeline deal could be coming to the Gulf Coast

(Oil Price) – Texas-based EnCap Flatrock Midstream is considering a sale of gas pipeline operator Momentum Midstream in a deal that could fetch $5 billion. According to a Bloomberg report citing unnamed sources, the venture capital firm is currently talking with financial advisers to find a buyer. The sources noted that talks are in their early stages and EnCap Flatrock Midstream may

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) – This week, energy markets were pulled in two directions. On one side, geopolitics tightened the narrative around supply risk. On the other hand, capital discipline and balance sheet repair quietly continued underneath the surface. Oil prices found support, but the bigger story wasn’t the price alone. It was positioning by governments, producers, and investors.

Trump ally ties up with Russia’s Novatek on natural gas in Alaska, NYT reports- oil and gas 360

Trump ally ties up with Russia’s Novatek on natural gas in Alaska, NYT reports

(BOE Report) – American financier Gentry Beach, who has ties to U.S. President Donald Trump’s family, signed an agreement with Russia’s energy giant Novatek last autumn to develop natural gas in Alaska amid Western sanctions against Russia, the New York Times reported on Friday. In August, Trump and Russian President Vladimir Putin met in Alaska for talks aimed at ending

Guyana advances second gas-to-shore project to diversify beyond oil- oil and gas 360

Guyana advances second gas-to-shore project to diversify beyond oil

(World Oil) – Guyana is preparing a second pipeline that will bring natural gas from its deepwater oil fields to the shore where it will be used for power and other industrial development. The project at Berbice, in the east of the South American country, will be finalized “very soon,” President Irfaan Ali told the Guyana Energy Conference in Georgetown on Tuesday. It