Permian Basin Oil and Gas Magazine

JULY 15, 2025

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.

Energy

Daily Energy Report

JULY 9, 2025

Because of a heavy schedule, there will be no Daily Energy Report tomorrow. 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

Exploration and Production

Enverus

JULY 7, 2025

EVOLVE 2025 brought together leading voices across energy trading, analytics and clean fuels to unpack today’s most pressing market dynamics. Embed Analytics Talent Where the Decisions Happen More energy companies are embedding analysts directly into pricing, FP&A and marketing, not isolating them in standalone data teams.

Exploration and Production

BOE Report

JULY 11, 2025

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]

Rig Operator

BOE Report

JUNE 13, 2025

energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, 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 by [Read more]

Rig Operator

Oil & Gas 360º

JUNE 23, 2025

(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. In June 2025, the facility received its first cargo via a vessel chartered by energy major Shell.

Field

Daily Energy Report

JULY 3, 2025

July 3, 2025 Note 1: There will be no Daily Energy Report tomorrow as the markets will be closed in observance of the US 4 th of July holiday. The Daily Energy Report will be shorter, but we will include updates from the Seminar. Figure (1) shows trends in India’s crude oil imports by country of origin since 2021.

Energy

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

Oil & Gas 360º

JUNE 27, 2025

billion non-binding takeover bid for the Australian energy giant. 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. billion to develop.

Oil

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

Rigzone

JUNE 27, 2025

The consortium forwarded the development plan to Norway’s Energy Ministry on Thursday, the majority state-owned energy major said. The Fram South development consists of Echino South, discovered 2019; Blasto, discovered 2021; and two smaller discoveries. Var Energi ASA owns 40 percent.

Exploration and Production

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

Rigzone

JULY 22, 2025

PLSB), has signed a heads of agreement (HoA) with SMJ Energy Sdn. that formalizes the terms for SMJ Energy's 25 percent equity participation in PFLNG 3 Sdn. Dionysia Aloysius Kibat, SMJ Energy CEO, and Shamsairi M Ibrahim, PLSB CEO, signed the agreement. There’s a reason 700K+ energy professionals have subscribed.

IT

Oil & Gas Journal

JULY 28, 2025

July 28, 2025 Map from BW Energy, June 2025 investor presentation BW Energy said it was preparing to spud the Kharas appraisal well in this year’s second half in the northwest corner of Kudu. BW Energy is the operator of the license with a 95% working interest ( OGJ Online, Jan. 14, 2021 ). with Rhino Resources Ltd.

Exploration and Appraisal

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

McKinsey

JULY 10, 2025

Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. 10 Based on the European Union’s 2021 emissions. “European electricity prices and costs,” Ember Energy, accessed April 2025.

Transportation

Rigzone

JULY 21, 2025

Energy Information Administration revealed its latest U.S. crude oil production forecast in its July short term energy outlook. Energy Information Administration (EIA) revealed its latest U.S. crude oil production forecast in its July short term energy outlook (STEO), which was released earlier this month.

Crude Oil

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

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. Luminant Energy Co. billion cubic feet of production on February 4, 2021 (“Bcf”) to 65.4

Gas

Rigzone

JULY 11, 2025

The support will help Kongsberg Ferrotech, whose offerings have already been deployed by energy giants, grow its reach across North Atlantic Treaty Organization countries, according to a statement posted on NIF’s website. We’d love to hear from you, join the conversation on the Rigzone Energy Network.

Maintenance

Rigzone

JULY 30, 2025

Brent Crude $72.24 -0.37% Natural Gas $3.12 -0.57% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Australia's Cue Energy Posts Lower Production by Jov Onsat | Rigzone Staff | Wednesday, July 30, 2025 | 5:54 AM EST Cue Energy, which produces oil and gas in Australia, Indonesia and New Zealand, reported a quarterly output of 148,300 boe.

Energy

Rigzone

JULY 7, 2025

Image by yusnizam via iStock Petroliam Nasional Berhad (Petronas) has formalized several key agreements with the Sabah government, focusing on the responsible development of the state’s energy resources. Guided by the Sabah Joint Coordination Committee, the strategy was crafted by a Joint Task Force including Petronas, SMJ Energy Sdn.

Gas

Schneider Electric: Energy Management

JUNE 26, 2025

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

Energy

Rigzone: News

JUNE 16, 2025

In 2021 CLG launched its ISOTERRA technology for the conversion of biomass into SAF and renewable diesel. We’d love to hear from you, join the conversation on the Rigzone Energy Network. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! CLG, a joint venture between Chevron Corp.

Oil

Oil & Gas Journal

JULY 29, 2025

22, 2021 About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal. Related General Interest ExxonMobil takes Bass Strait off the market Nov. 30, 2020 General Interest BHP confirms planned Bass Strait exit Aug.

Exploration and Production

Oil Gas Leads

JUNE 11, 2025

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company.

Operator

Rigzone

JUNE 19, 2025

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.

Exploration and Production

Oil Gas Leads

JULY 7, 2025

energy sector grapples with shifting market dynamics, the latest Baker Hughes rig count highlights a continued decline in drilling activity nationwide. In this report, we break down the latest rig count data, state-level trends, and the implications for drilling, production, and the energy services sector. July 7, 2025 As the U.S.

Oil

Enverus

JUNE 13, 2025

SPR remains ~200 MMbbls below 2021 levels. ” Enverus Intelligence® | Publications delivers expert energy insights with concise summaries and deep industry analysis — helping you stay ahead of the curve. Monitor energy trends and make informed decisions with Enverus Intelligence® Publications. Geopolitical premium?

Oil

Egypt Oil & Gas

JULY 22, 2025

The Raven field, the final phase of the WND project, has been in production since early 2021. Its initial phase included the development of eight subsea wells, located up to 65 km offshore, at water depths ranging from 550 to 700 meters. bp has been present in Egypt for over 60 years, with investments exceeding $35 billion.

Natural Gas

Oil Gas Leads

JUNE 20, 2025

Permian Basin Account Directory – $10 Buy Now Includes: Account name, phone, address, website, wells drilled… Power Load: 4 GW Added in Just 3 Years Between 2021 and 2024 , Texas saw a 4 gigawatt (GW) increase in average power demand— virtually all of it tied to Permian electrification. Breaking Down the 7.5 13 ONEOK, Inc. –

Basin

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

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

Rigzone

JUNE 20, 2025

“This will increase our energy independence while also reducing the revenues Putin uses to finance his war”, Energy and Housing Commissioner Dan Jorgensen said in a statement issued online by the Commission. We’d love to hear from you, join the conversation on the Rigzone Energy Network.

Gas

Permian Basin Oil and Gas Magazine

JUNE 6, 2025

Energy Information Administration, driven by growth in tight oil production in Permian Basin. Tight oil production in Permian began growing again in 2021 after the pandemic as crude oil prices increased, but non-Permian production remained low. Onshore crude oil production in U.S. million b/d – up 45 percent from 2020.

Basin

Rigzone

JUNE 17, 2025

For these projects, by 2050, PETRONAS pledges to demonstrate at least 30 percent rehabilitation of natural habitat” For resource efficiency, Petronas targets to reduce its freshwater withdrawal for domestic operations at existing water-stressed areas by 14 percent by 2030 relative to 2021.

Operator

Valor

JULY 7, 2025

Read more 4 oil giants invest billions to lead the low-carbon energy shift Summary : Oil giants ExxonMobil, Shell, TotalEnergies, and Chevron are investing billions in low-carbon solutions including carbon capture, hydrogen, and renewables to lead the evolving energy market.

Energy