Today in Oil and Gas https://validator.w3.org/feed/docs/rss2.html Oil-Gear Maker NOV Cuts Earnings Guidance as Iran War Hikes Costs and Snarls Deliveries Trump Says Energy Chief is ‘Wrong,’ Expects Lower Gas Prices as Soon as Iran War Ends Trump, Iran Cite Progress in Talks as Uncertainty Hangs Over Strait North Dakota Oil Production up 4,000 bpd in February vs January to 1,130,000 bpd – State Regulator US Lends 26.03 Million Barrels of SPR Oil in Third Batch Since Iran War Trump Cites Defense Production Act to Sign Energy-Related Memorandums EU Has Reserves, Production for Five-Months Supply of Jet Fuel, Dutch Government Says Iraq Says Oil Exports to Resume From All Fields Within Days, State News Agency Trump Says Energy Chief ‘Wrong,’ Expects Lower Gas Prices as Soon as Iran War Ends Energy Services Set to Benefit Once Iran War Ends, Barclays Says Goldman Sees Softer Oil Demand, Flags Two-Sided Risks to 2026 Price Outlook Global Oil Stocks Could Fall by 900 Million bbl Even if Ceasefire is Extended, Citi Says Fate of Iran Peace Talks Uncertain as Deadline Approaches for End of Ceasefire Iran ‘Positively’ Reviewing US Peace Talks Participation; No Decision Yet, Official Says Kuwait Declares Force Majeure on Oil Shipments Amid Hormuz Blockade, Bloomberg News Reports Phillips 66, Kinder Morgan Move Ahead With New US West Coast Fuel Pipeline PERSPECTIVE: Is it Time to Abandon Hope the Strait of Hormuz Will Open Soon?: Russell COMMENTARY: Opening Hormuz is the Easy Part. Restoring Oil Flows Isn’t: Bousso Shipping Traffic Remains at Virtual Standstill Through Hormuz, Data Shows Ships Test Strait of Hormuz After Opening, Seek Assurances on Safety US Energy Department Restores Funding to Carbon Removal Projects Oil Settles Down 9% After Iran Declares Strait of Hormuz Open Hormuz Reopening Not Like ‘Flipping a Switch’ for Rattled Oil Markets: Professor US Drillers Cut Oil and Gas Rigs for Second Straight Week, Baker Hughes Says Traders Place $760 Million Bet on Falling Oil Ahead of Hormuz Announcement How 50 Days of the Iran War Led to the Loss of $50 Billion Worth of Oil Reactions of Industry and Leaders to Iran Saying Hormuz is Open US Forces Ready to Restart Combat if Iran Doesn’t Agree to a deal, Says Hegseth US Law Enforcement Raids Offices of Houston Fuel Trader Ikon Midstream US Warns That Buyers of Iranian Oil Could be Hit With Sanctions  Slovakia to File Lawsuit Over EU’s Russian Gas Ban, PM Says Trump’s Energy Leaders to Hold Call With CEOs on Iran War, Source Says The Iran War Has Shattered Oil’s Price Compass: Bousso Canada’s Montney Natural Gas is a Crown Jewel ERCOT Sees Surge in Power Demand by 2030s Amid Data Center Growth China Added More Crude to its Massive Stockpile in March, But Outlook Shifts: Russell European Oil Majors Outshine US Rivals With Iran War Trading Bonanza Permian-Focused EagleRock Plans Rare US Oil and Gas IPO, Sources Say Iran War Pushes Asia to Think Twice Before Doubling Down on LNG Trump Issues Several Pipeline Permits for US-Canada Oil Transportation U.S.-Iran Deal Will Take Months, Gulf and European Officials Say White House Denies U.S. Requested Ceasefire, Says New Talks May Happen in Pakistan Iran Offers Proposal Allowing Ships to Exit Oman Side of Hormuz Free of Attack, Source Says Edison Says Qatar May Extend Gas Force Majeure, Sees US LNG Filling Gap Iran Can Go Up to Two Months Without Oil Exports Before Cutting Output, Analysts Say With ~55,000 Sub-$50/bbl Locations, the Permian’s Low-Breakeven Runway Expands US Unlikely to Grant New Waiver to Buy Russian Oil, Wright Says US and Iran Weigh Extending Their Ceasefire by Two Weeks Oil, Gas Recovery May Take Two Years After War, IEA’s Birol Says Trump Officials Urge Oil Industry to Boost Output Amid War