oil and gas Archives - Page 7 of 21

Global energy prices soar as Iran crisis disrupts shipping, oil and gas production

March 3, 2026

(Investing) – LONDON- Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the Gulf and forcing production stoppages from Qatar to Iraq. The benchmark Brent crude oil contract gained nearly 8% on Tuesday to above $83 per barrel, the highest

360 Energy Pulse: What mattered this week in energy

February 27, 2026

(By Oil & Gas 360) – This week’s energy narrative was one of calibrated markets rather than dramatic shifts. Price forecasts got a lift from inventory dynamics, asset transactions continued, legal risks edged back into the conversation, and policy tensions reverberated across supply expectations. The sector isn’t charging ahead; it’s grading risks and deploying capital selectively. This Week’s 5 Headlines

Asset Sales, debt reduction and gas growth mark Q4 E&P moves- oil and gas 3600

Asset Sales, debt reduction and gas growth mark some Q4 E&P moves

February 19, 2026

(By Oil & Gas 360) – Capital discipline continues to define strategy across the U.S. energy sector. SM Energy announced an agreement to sell its South Texas assets to Caturus Energy for $950 million, further streamlining its portfolio and reinforcing liquidity. The transaction reflects an industry trend toward concentrating capital in core operating areas while monetizing non-core positions. Occidental Petroleum

After years of buybacks, big oil is drilling again

February 19, 2026

(Oil Price) – After years of prioritizing returning cash to shareholders, oil supermajors are about to do something few expected: turning to growth as a top priority. The reason: contrary to dominant expectations, oil and gas will continue to be needed for decades. For years, analysts from some of the most reputable organizations have been predicting a pending decline in oil

Oil & Gas 360® Premium: Step-by-step guide to explore the valuation dashboards

February 19, 2026

(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. Here’s a quick walkthrough of how to make the most of your Premium access: 1.

Eni makes major gas, condensate discovery offshore Côte d’Ivoire

February 18, 2026

(World Oil) – Eni has announced a significant gas and condensate discovery offshore Côte d’Ivoire with the Murene South-1X exploration well in Block CI-501, confirming the potential of the Calao channel complex. The discovery, named Calao South, is estimated to contain up to 5 Tcf of gas and 450 MMbbl of condensate, making it the country’s second-largest discovery after the Baleine field. The well encountered

Alberta separatists step up efforts to leave Canada after meeting with Trump officials

February 12, 2026

(BOE Report) – Separatists in Alberta are ramping up a petition campaign aimed at triggering an independence vote in the western province that has long complained its economy is being held back by the rest of Canada. Volunteer canvassers are hoping to collect by May 2 approximately 177,000 signatures, or 10% of the province’s registered voters, the threshold required to

Oil tankers wait offshore as Russia redirects barrels to China

February 6, 2026

(Oil Price) – Tankers carrying a total of up to 12 million barrels of crude oil are either en route or close to China in East Asian waters, waiting for buyers in the world’s top crude importer, as India is pulling back. Five of these tankers signal ‘for orders’ or ‘China for orders’ as their status, per data intelligence firm Kpler

Chevron Announces Senior Leadership Changes

February 5, 2026

(BOE Report) – HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE:CVX) today announced several senior leadership changes. Frank Mount, President, Corporate Business Development, will retire from Chevron in November 2026 after 33 years of service. Mount has led the company’s global business development activities since 2023. “Throughout his career, Frank has contributed significantly to the success of Chevron,” said Chevron Chairman and CEO Mike Wirth. “I’m

Equinor exits Vaca Muerta with $1.1 billion sale to Vista Energy

February 2, 2026

(Oil Price) – Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday as it continues to high-grade its international portfolio. The deal includes Equinor’s 30% non-operated interest in the Bandurria Sur asset and its 50% non-operated interest in the Bajo del Toro

CanCambria Energy Announces Second Upsize and Closing of Non-Brokered Private Placement for Gross Proceeds of $3,275,350

January 30, 2026

(Oil & Gas 360) – Vancouver, BC – January 29, 2026 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce today that, further to its news releases dated January 5, 2026 and January 15, 2026, it has closed a second upsize of its non-brokered private placement (the “Offering”) for gross proceeds of

Energy Advisors: Coterra Energy Under Attack

January 29, 2026

(Oil and Gas 360) – Energy Advisors is providing continuing research as events unfold at Coterra Energy in response to pressure from activist Kimmeridge. Earlier in our report“ The Debate Begins” we looked what a merger between Coterra and Devon would look like. Imagine a Super Independent with 1.6 MMBoepd. Amazingly these volumes would exceed US volumes of Conoco Lower 48 (1.5 MMboepd),

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