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Critical Minerals Fuel Geopolitical Competition

OilPrice

The United States Energy Act of 2020 provided an operational definition of ‘critical minerals’ as those that are: essential… While not all of these ‘critical’ materials are rare, they are not naturally available everywhere in the world, leading to potential geopolitical minefields as competition over these supply chains heats up.

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U.S. Sanctions Target Iran’s Oil Smuggling Network

OilPrice

The sanctions hit a smuggling network run by Iraqi businessman Salim Ahmed Said, who the Treasury says has been disguising Iranian oil as Iraqi crude since 2020—generating billions in revenue for Tehran. Several vessels were also sanctioned for aiding the operation, part of what the U.S.…

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

In June 2025, the company lifted its first crude cargo from the newly-constructed facility—the first indigenous onshore terminal constructed in the country in five decades—signaling the start of operations at the terminal. For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency.

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CNX Resources Q2 2025: A Masterclass in Operational Efficiency

Oil Gas Leads

In its Q2 2025 earnings report, the Appalachian-focused operator highlighted a 22-quarter streak of free cash flow (FCF) generation, strengthened operational performance, and bold ESG transparency initiatives that are setting new industry standards. billion since launching its seven-year plan in 2020. natural gas sector.

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US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says

BOE Report

energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas [Read more]

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What’s New: Mach Enters Permian, San Juan Basins With $1.3 Billion in Deals

Rextag

billion , marking a major strategic move beyond its traditionally Oklahoma-focused operations. Mach Natural Resources has signed two definitive agreements totaling $1.3 Previously owned by bp plc , this deal marked IKAV’s entry into the conventional energy market.

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Texas Supreme Court rules produced water belongs to mineral lessee

Permian Basin Oil and Gas Magazine

COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” The opinion in Cactus Water Services v.