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EIA report: Imports of energy to U.S. fall to 40-year low in 2024

Permian Basin Oil and Gas Magazine

imported only 17 percent of its domestic energy supply in 2024 – half of the record share in 2006 and the lowest share since 1985. energy supply comes from three sources: domestic energy production, energy imports from other countries, and energy brought out of storage.

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U.S. oil imports from OPEC decline while imports from Canada nearly doubles

Permian Basin Oil and Gas Magazine

Energy Information Administration, the share of the nation’s crude oil and petroleum imports from OPEC countries has declined 77 percent since 2006. According to U.S.

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It’s Getting Hot in Here | Heat Dome in PJM

Enverus

last week, driving temperatures into the triple digits and pushing the PJM Interconnection grid to its highest peak load since 2006 (Figure 1). Nationally, more than $14 billion in clean energy projects have been canceled this year amid policy and economic uncertainty. A massive heat dome swept across the eastern U.S.

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Who Is The World's Biggest Energy Supplier?

Rigzone

by Andreas Exarheas | Rigzone Staff | Monday, July 14, 2025 | 6:23 AM EST Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report. exajoules of energy in 2024, which represented a 2.4 percent of the world’s energy supply last year, the review outlined.

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Post Oak Energy Capital closes Fund V with investments in Permian Basin

Permian Basin Oil and Gas Magazine

Houston-based Post Oak Energy Capital said last week it closed Fund V of Post Oak Energy Partners in May with capital investments of $600 million. Founded in 2006, Post Oak has invested in more than 30 portfolio companies and raised about $3 billions in capital across managed funds and related vehicles.

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The coal conundrum: balancing growth and climate goals

Oil & Gas 360º

According to the newly released 2025 Statistical Review of World Energy , global coal demand reached an all-time high of 165.1 The reality is that coal remains the backbone of China’s electricity system, industrial activity, and energy security strategy. India continued its rapid expansion, more than doubling its output since 2006.

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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

The consortium forwarded the development plan to Norway’s Energy Ministry on Thursday, the majority state-owned energy major said. Fram West and Fram East started production 2003 and 2006 respectively. Equinor operates Fram with a 45 percent stake through Equinor Energy AS. Var Energi ASA owns 40 percent.