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(World Oil) – Vitesse Energy announced today the completion of its previously announced acquisition of Lucero Energy. The arrangement was approved by Vitesse stockholders and Lucero shareholders on March 5, 2025 and March 6, 2025, respectively, and Lucero received the (Reuters) – U.S. Energy Secretary Chris Wright esti

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News


oilandgas360.com > following-the-venezuelan-barrels-since-january-2026-have-the-barrels-traveled-to-u-s-friendly-ports

Following the Venezuelan barrels: Since January 2026, have the barrels traveled to U.S.-friendly ports?

1+ week, 4+ day ago   (1583+ words) (Oil & Gas 360) By Greg Barnett, MBA – Where Did the Barrels Go? The first question was who controlled the barrels. The second was whether American and North American rigs, oilfield services and capital would actually show up to develop them. There…...


oilandgas360.com > chevron-nears-deal-to-operate-two-giant-oil-fields-in-venezuelas-orinoco-belt

Chevron nears deal to operate two giant oil fields in Venezuela???s Orinoco Belt

1+ week, 6+ day ago   (217+ words) (World Oil) – Chevron Corp. is finalizing a deal that will significantly expand its operations in Venezuela by adding two giant oil fields in the Orinoco Belt, part of a push by U.S. President Donald Trump to ramp up production in…...


oilandgas360.com > the-biggest-oil-deal-in-world-history-maybe-the-documents-will-decide

The biggest oil deal in world history? Maybe. The documents will decide

1+ week, 6+ day ago   (775+ words) Those are extraordinary numbers. The transaction behind them may be more unusual. Public descriptions indicate that Washington would obtain a large economic interest tied to the fields plus preferential rights to purchase production at cost. Some barrels could go to…...


oilandgas360.com > u-s-army-to-spend-2-2b-on-nuclear-microreactors-at-military-bases

U.S. Army to spend $2.2B on nuclear microreactors at military bases

1+ week, 6+ day ago   (723+ words) Oil & Gas 360 U.S. Army to spend $2.2B on nuclear microreactors at military bases (Oil Price) – Back in October 2025, the U.S. Army unveiled the Janus Program to supply portable nuclear microreactors to military bases by 2028. Whereas these reactors are much smaller than conventional…...


oilandgas360.com > trump-to-host-oil-executives-after-accusing-refiners-of-gouging-consumers

Trump to host oil executives after accusing refiners of gouging consumers

2+ week, 1+ min ago   (633+ words) (BOE Report) – President Donald Trump has accused U.S. oil refiners of gouging Americans, called for a Justice Department investigation and urged companies to use their bumper earnings to bring down gasoline prices that spiked amid the ongoing conflict with Iran....


oilandgas360.com > pipelines-and-ports-iran-war-spurs-gulf-infrastructure-investment

Pipelines and ports: Iran war spurs Gulf infrastructure investment

2+ week, 3+ day ago   (853+ words) (BOE Report) – The Iran war’s redrawing of the global trade map is forcing Gulf nations to retool their investment play book, ploughing capital into infrastructure, from energy pipelines to ports, to weather the fallout from the conflict. The war has…...


oilandgas360.com > some-oil-companies-to-avoid-ships-on-iran-blacklist-sources-say

Some oil companies to avoid ships on Iran blacklist, sources say

2+ week, 4+ day ago   (585+ words) (BOE Report) – At least three Indian oil refiners and a global energy major plan to stop using vessels on Iran’s new blacklist, including for ship-to-ship transfers, due to security concerns, four sources with direct knowledge of the matter said this…...


oilandgas360.com > us-expected-to-broaden-secondary-sanctions-to-isolate-iran-on-economic-d-day

US expected to broaden secondary sanctions to isolate Iran on???economic D-Day???

3+ week, 57+ min ago   (790+ words) (Investing) – WASHINGTON/ISLAMABAD – The United States was set to warn countries to cut ties with Iran or risk their businesses being cut off from the dollar-based financial system when it unveils the “greatest financial offensive ever” on Monday, a source…...


oilandgas360.com > oil-prices-rise-toward-94-as-u-s-prepares-new-iran-economic-measures

Oil prices rise toward $94 as U.S. prepares new Iran economic measures

3+ week, 2+ day ago   (361+ words) (World Oil) – Oil headed for a weekly gain as traders awaited details on a U.S. campaign to isolate Iran’s economy, with no apparent end in sight to a conflict that has slashed Middle East exports. Treasury Secretary Scott Bessent said Thursday…...


oilandgas360.com > trump-says-no-talks-are-taking-place-with-iran-and-none-are-scheduled

Trump says no talks are taking place with Iran and none are scheduled

3+ week, 5+ day ago   (156+ words) (BOE Report) – U.S. President Donald Trump on Tuesday said there were no conversations taking place with Iran, and none were scheduled, adding that the Strait of Hormuz was open. “There are no talks or conversations going on, or scheduled, with…...