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Brent Drops Below $70 as Israel-Iran Ceasefire Holds

OilPrice

.- US electricity demand is expected to soar to levels not seen since the summer of 2013 as regional operator PJM warned of consumption potentially reaching 158 GW, with temperatures nearing 100°F.- BCf/d on 24-25 June, greatly slowing down the pace of US natural gas storage injections this week.- Henry Hub gas futures…

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U.S. production growth to slow amid drilling decline, says EIA

Oil & Gas 360º

The number of drilled but uncompleted wells fell by seven to 5,291, the lowest among records dating back to the start of 2013. The agency also revised previous monthly data to show that producers have been drawing down inventories of pre-drilled wells in June.

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. Meanwhile, a new LNG terminal in British Columbia is set to boost natural gas demand. billion) all-share merger, officially announced on May 12, 2025.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Total industry GVA encompasses the following sectors: mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewerage, waste management, and remediation activities. 10 “CO 2 storage projects in Europe,” International Association of Oil and Gas Producers, March 2024.

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Pemex normalizará pagos a proveedores en julio: Sheinbaum

Oil & Gas Magazine

Recordó que antes de los gobiernos de la Cuarta Transformación, la reforma energética de 2013 fragmentó a Pemex en cuatro subsidiarias y 40 filiales, lo cual generó una operación ineficiente y compleja. Ahora, dijo, Pemex se está consolidando nuevamente como una sola empresa eficiente, con vocación de servicio público.

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Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

Asimismo, cerca del 20% del comercio global de gas natural licuado (GNL) transita por Hormuz, principalmente desde Qatar. Actualmente, México exporta principalmente crudo pesado Maya, mientras que importa grandes volúmenes de gasolinas, diésel y gas LP para satisfacer su consumo interno.

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Great British Energy Gets Permanent CEO

Rigzone

O’Grady was general secretary for the TUC between 2013 and 2022, as well as former deputy general secretary from 2003, a bio section included in the statement noted, adding that O’Grady is a member of the House of Lords and has previously held positions at the Transport and General Workers Union.

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