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Top Oil & Gas 360 News

Tehran plays down reported Israeli attacks, signals no further retaliation

Tehran plays down reported Israeli attacks, signals no further retaliation

38% Center coverage: 84 sources

Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war.See the Story

Wildfire leads to evacuation order for Cold Lake First Nations

Wildfires · Alberta

Wildfire leads to evacuation order for Cold Lake First Nations

67% Center coverage: 3 sources

An evacuation order was issued on Monday afternoon for homes in the area of Cold Lake First Nation.See the Story

U.S. Frackers Seek Ways to Reverse Well Productivity Declines

Geology · United States

U.S. Frackers Seek Ways to Reverse Well Productivity Declines

100% Center coverage: 1 sources

As well productivity in the U.S. shale patch has declined in the past two years, producers are looking to deploy new technology to reverse these declines, but small companies often cannot afford the high upfront costs, industry executives and analysts have told Reuters. While shale production pushed U.S. crude oil output to record highs in recent months to above 13 million barrels per day (bpd), the rate of productivity declines has steepened si…See the Story

Latest News Stories

North Dakota · North Dakota

Hess Corporation increases oil and gas production on backs success in U.S. Bakken, offshore Guyana

World Oil Hess’ E&P net income was $997 million in Q1 2024, compared with $405 million in Q1 2023. Net production was 476,000 boed in Q1 2024, compared with 374,000 boed in the Q1 2023, primarily due to higher production … The post Hess Corporation increases oil and gas production on backs success in U.S. Bakken, offshore Guyana appeared first on Oil & Gas 360.See the Story

$2-trillion funding gap casts shadow over energy transition

Oil Price Investments in the energy transition are falling way short of what is needed for its success. The fresh warning comes from BlackRock, which said annual investments in the shift away from hydrocarbons need to almost double from their … The post $2-trillion funding gap casts shadow over energy transition appeared first on Oil & Gas 360.See the Story

Brownsville, Texas · Brownsville

Texas LNG sells over half of offtake with additional LNG tolling agreement with EQT

World Oil (WO) – Texas LNG Brownsville LLC and a subsidiary of Glenfarne Energy Transition, LLC, has signed a second Heads of Agreement (HOA) with EQT Corporation for natural gas liquefaction services for an additional 1.5 MMtpa of LNG over … The post Texas LNG sells over half of offtake with additional LNG tolling agreement with EQT appeared first on Oil & Gas 360.See the Story

San Antonio · San Antonio

U.S. refiner Valero Energy beats profit forecasts in Q1

Oil Price One of the largest U.S. refiners, Valero Energy (NYSE: VLO), saw its adjusted net income more than halve in the first quarter compared to a year earlier, but earnings nevertheless beat the analyst consensus estimate amid … The post U.S. refiner Valero Energy beats profit forecasts in Q1 appeared first on Oil & Gas 360.See the Story

Weekly Gas Storage: Inventories increase by 92 Bcf

Natural Gas Inventories as of April 19, 2024 The EIA has released its natural gas inventory report, showing a net increase of 92 Bcf as of April 19, 2024. Working gas in storage was 2,425 Bcf as of Friday, April … The post Weekly Gas Storage: Inventories increase by 92 Bcf appeared first on Oil & Gas 360.See the Story

Oil and Gas Sector · Texas

Matador Resources increases oil production following “surprise” Permian success in 2023

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.See the Story

Namibia · Namibia

OPEC pledges to support Namibian oil exploration following significant offshore discoveries

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.See the Story

Oil and Gas Sector · Riyadh

OPEC to increase oil production from July, International Monetary Fund predicts

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.See the Story

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