Oil & Gas 360º

JULY 7, 2025

Total halted work, evacuated workers and declared force majeure in 2021 after an escalation in attacks by Islamic State-linked militants. The plant will liquefy and export the extensive gas reserves off northeast Mozambique that were discovered 15 years ago.

Gas 130

Gas Government Oil IT 130

Oil & Gas 360º

JUNE 23, 2025

Improved fiscals introduced through Nigeria’s Petroleum Industry Act in 2021 further enticed investments by both international and regional players. A marginal field bidding round was launched in 2020 to entice indigenous operators to invest in marginal field opportunities, drawing in 591 companies seeking to develop 57 oilfields.

Field 130

Field Instrumentation Transportation Operator 130

Oil & Gas 360º

JULY 11, 2025

That compares with a three-year low of 1.821 tcf of gas in storage at the end of the winter withdrawal season in 2024 and a five-year (2021-2025) average of 1.836 tcf. Looking ahead, analysts estimate stockpiles were on track to end the November 2025-March 2026 winter withdrawal season at a four-year low of 1.509 tcf on March 31, 2026.

Natural Gas 130

Natural Gas Field Gas 130

Permian Basin Oil and Gas Magazine

JULY 15, 2025

total energy imports were about 22 quadrillion British thermal units in 2024 and have been relatively flat since 2021. remained a net exporter of energy in 2024 for the third straight year after producing a record amount that exceeds consumption. Crude oil and refined petroleum product imports combined accounted for about 84 percent of U.S.

Energy 52

Energy Energy Crude Oil Natural Gas 52

BOE Report

JUNE 23, 2025

Extreme weather reminds consumers of the fatal freeze in February 2021 that left millions of Texans without power, water [Read more]

107

107

Marcellus Drilling News

JUNE 11, 2025

Since 2021, the M-U has been rangebound in producing somewhere between 34 and 37 Bcf/d (see the chart). It’s been no secret that natural gas production in the Marcellus/Utica has stalled over the past few years.

BCF 185

BCF Pipeline Natural Gas Transportation 185

Oil & Gas 360º

JULY 16, 2025

At Kearl, for example, Imperial has reduced expenses related to turnarounds — an industry term for the costly periods of required maintenance that often involve temporarily shutting down production — by CDN$100 million annually since 2021. billion after paying down a combined total of almost C$22 billion in debt between 2021 and 2024.

Oil 130

Oil Exploration and Production E&P Barrel 130

Oil & Gas 360º

JUNE 27, 2025

Santos is also the majority shareholders in the PNG LNG project in Paua New Guinea, after taking over Oil Search back in 2021. Santos operates two large LNG facilities in Australia: Darwin LNG and Gladstone LNG. PNG LNG is considered one of the lowest-cost LNG projects globally and, according to Reuters, is the most attractive of its assets.

Oil 130

Oil Gas Energy Energy 130

McKinsey

JULY 10, 2025

10 Based on the European Union’s 2021 emissions. billion available for allocation between 2021 and 2027, with about €630.0 The Connecting Europe Facility-Energy (CEF-E) has a budget of approximately €6 billion available between 2021 and 2027 to help the transition toward clean energy. Horizon Europe has made €95.5

Transportation 64

Transportation Exploration and Production Pipeline Offshore 64

Valor

JUNE 9, 2025

rig count fell for the sixth straight week, dropping by 4 to 559, the lowest since November 2021, according to Baker Hughes. The total count is down 35 rigs, or 6%, from the same time last year, with the Permian Basin, Eagle Ford, and Texas all hitting their lowest levels since November 2021. Read more U.S. futures rose 4.9%

Energy 52

Energy Energy Natural Gas Barrel 52

Enverus

JUNE 19, 2025

Strategic Petroleum Reserve is depleted by 200 million barrels to 2021. Israel’s military strikes in Iran have reminded traders that Middle Eastern oil supplies are not risk-free. Global oil stocks are below five-year averages, and the U.S. These factors leave the market more vulnerable to supply shocks.

Energy 130

Energy Energy Barrel Supply Chain 130

Marcellus Drilling News

JULY 7, 2025

rig count declined by another eight rigs to its lowest level since October 2021, The count has been hemorrhaging large numbers of rigs for 10 consecutive weeks. Last week (an early week with the count issued on Thursday), the U.S.

IT 160

IT Energy Energy 160

Rigzone

JUNE 27, 2025

The Fram South development consists of Echino South, discovered 2019; Blasto, discovered 2021; and two smaller discoveries. Equinor expects to put more than 50 such projects on stream by 2035”, Hove added. Fram South is in the northern part of the North Sea, about 20 kilometers (12.43

Exploration and Production 103

Exploration and Production Barrel Oil Gas 103

Producer's Edge

APRIL 18, 2025

In case you somehow forgot, the 2021 Valentines Day storm coined “Snovid,” “Snowmageddon,” or officially labeled Winter Storm Uri, blanketed Texas in snow and ice, even bringing snowfall to Galveston Beach. billion cubic feet of production on February 4, 2021 (“Bcf”) to 65.4

Gas 52

Gas Natural Gas Casing BCF 52

BOE Report

JUNE 6, 2025

energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell [Read more]

Rig Operator 52

Rig Operator Gas Oil Natural Gas 52

Daily Energy Report

JULY 9, 2025

Although they rarely increase in June, they did last month, as shown in Figure 1, which illustrates trends in India’s monthly petroleum product exports since early 2021. Subscribe now EOA’s Main Takeaways Read more

Energy 72

Energy Energy Exploration and Production Petroleum 72

Daily Energy Report

JULY 7, 2025

Figure (1) shows trends in Aramco’s OSP of Arab light to Asia since January 2021. Aramco’s pricing influences about 9 mb/d of exports and sets a benchmark for regional producers. In North America, Arab Light was priced $3.90 above the Argus Sour Crude Index. The last three months were low by historical standards.

Energy 52

Energy Energy IT 52

Daily Energy Report

JULY 3, 2025

Figure (1) shows trends in India’s crude oil imports by country of origin since 2021. Russia remained India’s top supplier, while imports from the Middle East and Angola declined. Nigerian imports rose but may drop as Dangote refinery ramps up. The chart includes imports from the US and Brazil.

Energy 76

Energy Energy Crude Oil Refinery 76

BOE Report

JUNE 25, 2025

million bpd in the week ended June 20, the highest since December 2021, data from the Energy Information Administration showed on Wednesday. product supplied of gasoline rose to 9.6

Barrel 64

Barrel Energy Energy 64

Permian Basin Oil and Gas Magazine

JULY 8, 2025

Those are the lowest counts in 45 months since October 2021 and the tenth straight week of declining rig counts. (down 8 from 547 last week and down 46 or 7.9 percent from 585 a year ago) and 265 rigs in Permian Basin (down 5 from 270 last week and down 40 or 13.1 percent from 305 a year ago). percent in past year).

Drilling rig 52

Drilling rig Basin Gas Oil 52

Oil Gas Leads

JUNE 11, 2025

Coterra Energy (CTRA) – Oklahoma (Anadarko) Segment Coterra Energy was formed from the 2021 merger of Cimarex and Cabot. For instance, in 2021–22 when public, Continental was spending nearly half its drilling budget in Oklahoma.

Operator 52

Operator Gas Oil Basin 52

Oil Gas Leads

JUNE 9, 2025

According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021. Capex trends : E&Ps to cut spending 3% in 2025 vs. 2024 2024: Flat spending 2023: +27%, 2022: +40%, 2021: +4% Crude Output Forecast (EIA) : 2024: 13.2 June 9, 2025 U.S. Here is a summary of the U.S.

Gas 52

Gas Oil Engineering Engineer 52

Valor

JULY 7, 2025

oil and gas rig count fell, dropping by eight to 539 as of July 3, its lowest level since October 2021 and down 8% from the previous year. Read more US oil and gas rig count falls for 10th straight week, Baker Hughes says Summary : For the 10th straight week, the U.S.

Energy 52

Energy Energy Exploration and Production Barrel 52

Oil Gas Leads

JUNE 28, 2025

Wells Drilled US Since 2021 – Total wells drilled in the US since 2021. Permian Wells Drilled 2024 – Number of wells drilled in the Permian in 2024. Permian Wells Drilled 2023 – Number of wells drilled in the Permian in 2023. Wells Drilled US 2023 – Total wells drilled in the US 2023.

Oil 52

Oil Drilling rig Rig Operator Gas 52

Permian Basin Oil and Gas Magazine

JULY 1, 2025

Both are the lowest counts since October 2021. (down 7 from 554 previous week, down 34 or 6 percent from 581 year ago) and 270 rigs in Permian Basin (down 1 from 271 previous week, down 35 or 11.5 percent from 305 previous year). The counts for Texas (258) and New Mexico (92) were unchanged in past week.

Basin 52

Basin Gas Oil 52

Rigzone: News

JUNE 16, 2025

In 2021 CLG launched its ISOTERRA technology for the conversion of biomass into SAF and renewable diesel. CLG, a joint venture between Chevron Corp. and Lummus Technology, provides technology for the production of both renewable and conventional transportation fuels, premium base oils and more sustainable petrochemicals.

Oil 62

Oil Sustainable Sustainability Gas 62

Marcellus Drilling News

JUNE 9, 2025

He has held the position of EVP for Corporate Ventures since September 2021. Rob Wingo is the Executive Vice President for Corporate Ventures and Midstream at EQT Corporation. He added the Midstream responsibility in October 2024 following EQT’s closing on the purchase of Equitrans Midstream.

Midstream 188

Midstream Energy Energy 188

Permian Basin Oil and Gas Magazine

JUNE 6, 2025

Tight oil production in Permian began growing again in 2021 after the pandemic as crude oil prices increased, but non-Permian production remained low. Permian Basin accounted for 65 percent of all tight oil production growth and 51 percent of lower 48 oil production in 2024. million b/d – up 45 percent from 2020.

Basin 52

Basin Oil Crude Oil Gas 52

Rigzone

JULY 7, 2025

Petronas added that the partnerships build on the Commercial Collaboration Agreement it signed with the state government in 2021. the Energy Commission of Sabah, and the Ministry of Industrial Development and Entrepreneurship.

Gas 62

Gas Oil Exploration and Production Basin 62

Oil & Gas 360º

JULY 14, 2025

The Biden administration released some 300 million barrels of oil from the SPR starting in 2021, amid high gasoline prices. Meanwhile, DOE said last month that crude oil deliveries to the strategic petroleum reserve would be delayed by seven months due to maintenance. Earlier this year, President Donald Trump said the U.S.

Crude Oil 130

Crude Oil Refinery Petroleum Offshore 130

Rigzone

JULY 11, 2025

“Kongsberg Ferrotech is working with world-leading energy operators from PTTEP of Thailand to ADNOC, Aramco, Total Energies and Petrobras to adapt the Kongsberg Ferrotech Technology to optimally support their operations.

Maintenance 97

Maintenance Offshore Pipeline Oil 97

Rigzone

JUNE 20, 2025

“On the contrary, Brent is on a downward trend since January 2025, returning to levels last seen in spring 2021. mt per year), replacing it with seaborne oil coming from the Mediterranean ports, and there is no indication that this has had any appreciable impact on the international prices”, the analysis explained.

Gas 75

Gas Oil BCM Pipeline 75

Oil Gas Leads

JUNE 28, 2025

Wells Drilled US Since 2021 – Total wells drilled in the US since 2021. Permian Wells Drilled 2024 – Number of wells drilled in the Permian in 2024. Permian Wells Drilled 2023 – Number of wells drilled in the Permian in 2023. Wells Drilled US 2023 – Total wells drilled in the US 2023.

Oil 52

Oil Drilling rig Rig Operator Gas 52

Schneider Electric: Energy Management

JUNE 26, 2025

In early 2021, DC Systems was acquired by Schneider Electric, boosted their ability to offer more advanced solutions to a wider range of clients. At Schneider Electric, we believe the future of energy is not just about more power—it’s about smarter, cleaner, and more resilient power.

Energy 52

Energy Energy Sustainable Sustainability 52

Oil Gas Leads

JULY 7, 2025

The rig count is down 44% from its 2022 peak of 780 , reflecting both post-pandemic normalization and broader market hesitancy. Strategic Shift Toward Gas: Natural gas rigs are up 7 YoY , showing resilience.

Oil 52

Oil Consulting Engineering Engineer 52

Rigzone

JUNE 19, 2025

As the block’s operator, Inpex said it discovered multiple conventional oil, condensate and gas layers through the drilling of exploratory wells conducted since May 2021. Since then, the company said it has been conducting evaluation work with the aim of moving into development and starting production as soon as possible.

Exploration and Production 105

Exploration and Production Natural Gas Utilities Gas 105

Rigzone

JULY 14, 2025

The contract, which was awarded in 2021, followed the successful delivery of front-end engineering design for the Scarborough Energy Project's FPU and includes engineering, procurement, construction, installation and commissioning (EPCIC) services, McDermott said in an earlier news release.

Offshore 62

Offshore Topsides Field Transportation 62