(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
(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
(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
(Oil & Gas 360) – Getting Oil In The Forms It Is Needed Where And When Needed, Having Prices Profitable, For A While, Supports Our Bullish Oil & Natural Gas Outlook. Retail gasoline prices jumping up toward the highs of year 2024 is a cost of taking out those who kill, maim and destroy to rule. Operation Epic Fury
(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
(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.
(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
(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
(World Oil) – YPF, Eni and XRG have signed a binding joint development agreement (JDA) to advance the proposed Argentina LNG project, marking a key step toward a final investment decision and positioning the country to become a major global liquefied natural gas exporter. The large-scale integrated gas and liquefaction development is designed to monetize resources from Argentina’s Vaca Muerta shale and support long-term LNG exports. The project is expected
(BOE Report) – Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to be able to compete with the United States and China. The industries’ message is timed to land just before EU leaders gather in a Belgian castle on Thursday for an informal “retreat”
(Oil Price)– CNOOC Ltd, China’s top offshore crude oil and natural gas producer, has announced the discovery of a major new oilfield in the Bohai Sea. The Qinhuangdao 29-6 discovery in the shallow Neogene formations of the Bohai Sea is yet another oilfield estimated to hold more than 100 million tons of crude, or about 730 million barrels, and discovered
(Oil Price)– Iraq on Tuesday announced a complete suspension of natural gas imports from Iran, a move the electricity ministry said immediately knocked between 4,000 and 4,500 megawatts off the national power grid. On its face, the decision sounds dramatic. In practical terms, it is but the final step in a process that was already well underway. Iraqi officials have
