Oil & Gas 360º

JULY 11, 2025

natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.797 trillion cubic feet (tcf) on October 31, 2025, according to analysts’ estimates. (BOE Report) – U.S.

Natural Gas

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

Oil Gas Leads

JULY 21, 2025

oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in natural gas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.

Natural Gas

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

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. total energy imports in 2024 with natural gas accounting for most of the remainder at 15 percent. fall to 40-year low in 2024 appeared first on Permian Basin Oil and Gas Magazine.

Energy

Valor

JUNE 9, 2025

Read more Natural gas price outlook – Natural gas gaps lower to start the week Summary : Natural gas prices opened the week with a gap lower amid weak demand and uncertainty over U.S. rig count fell for the sixth straight week, dropping by 4 to 559, the lowest since November 2021, according to Baker Hughes.

Energy

Enverus

JUNE 19, 2025

Strategic Petroleum Reserve is depleted by 200 million barrels to 2021. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. Israel’s military strikes in Iran have reminded traders that Middle Eastern oil supplies are not risk-free.

Energy

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

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

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. Kinder Morgan is a natural gas pipeline that purchases, sells, and transports gas.

Gas

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

McKinsey

JULY 10, 2025

10 Based on the European Union’s 2021 emissions. Industrial separation is the most cost-effective capture technology and is widely used in ammonia and bioethanol production, as well as natural gas processing. 25 “Caster Spain underground gas storage,” European Investment Bank and Complaints Mechanism, March 7, 2018.

Transportation

Oil Gas Leads

JULY 7, 2025

This trend reflects a cautious industry response to sustained price volatility, investor pressure, and a strategic pivot toward natural gas. Strategic Shift Toward Gas: Natural gas rigs are up 7 YoY , showing resilience. Producers may be pivoting to gas due to: Stronger gas prices.

Oil

Rigzone

JULY 21, 2025

Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA EIA Reveals Latest USA Crude Oil Production Forecast by Andreas Exarheas | Rigzone Staff | Monday, July 21, 2025 | 8:27 AM EST The U.S. “It also excludes Haynesville and Appalachia, which primarily produce natural gas.

Crude Oil

Rigzone

JULY 7, 2025

Petronas added that the partnerships build on the Commercial Collaboration Agreement it signed with the state government in 2021. This agreement is a blueprint for securing a reliable natural gas supply for the state’s domestic demand, Petronas said.

Gas

Rigzone

AUGUST 4, 2025

This would be due to the growth of renewable energy rather than an increase in liquefied natural gas (LNG) imports, the Institute for Energy Economics and Financial Analysis (IEEFA) said. percent rebound in 2024, natural gas generation remained less than in every year between 2007 and 2021”, it said.

Natural Gas

Rigzone

JULY 22, 2025

PFLNG 3 is the project company tasked with the upcoming shore-based floating liquefied natural gas (LNG) facility in the Sipitang Oil and Gas Industrial Park (SOGIP) in Sabah. These deals are part of the Commercial Collaboration Agreement that Petronas signed with the state government in 2021.

IT

Oil & Gas Journal

JULY 29, 2025

Natural gas production from the Bass Strait assets is 100% dedicated to the Australian domestic market and currently supplies about 40% of Australian east coast domestic gas demand. 22, 2021 About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal.

Exploration and Production

Oil Gas Leads

JUNE 11, 2025

MBOE/d (24% oil, 52% natural gas, 24% NGL), generating $241 million in revenue for the quarter. Notably, the Anadarko production mix is heavily natural gas and NGLs , with only on the order of 14–16% oil – reflecting the liquids-rich gas character of the STACK’s Woodford/Meramec formations.

Operator

Rigzone

JULY 7, 2025

Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest natural gas supplier in the first quarter due to the expiry of imports of Russian pipeline gas via Ukraine at the start of the year, the European Commission has reported.

BCM

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

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

Enverus

JUNE 13, 2025

SPR remains ~200 MMbbls below 2021 levels. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR maintains that the fair value of oil should be in low $80s, if based purely on OECD crude and product stock levels. Geopolitical premium?

Oil

Rigzone

JUNE 20, 2025

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity.

Gas

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

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

Rigzone

JUNE 29, 2025

By 2024, PIS vessels operated 65 international routes, up from 11 in 2021. To meet rising global demand, PIS opened three international offices in Singapore, Dubai, and London through its subsidiary PIS Asia Pacific, increasing non-captive revenue from 4 percent in 2021 to 19 percent in 2024, the company said. percent from 2023.

Transportation

Rigzone

JULY 7, 2025

and QatarEnergy have made another natural gas discovery in Block 10 offshore Cyprus, the presidential office said Monday. Texas-based ExxonMobil and state-owned QatarEnergy are also partners in Cyprus’ Block 5, for which they signed an exploration and production sharing contract December 2021 with ExxonMobil as operator.

Gas

Rigzone

JULY 22, 2025

has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027. The Rafael gas and condensate field is in Exploration Permit 428, about 150 kilometers (93.21 Buru plans to drill two wells, including the 2021 discovery.

Gas

Oil Gas Leads

JUNE 20, 2025

Driven by the electrification of oil & gas operations , midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. power demand growth —and it’s just getting started. To put it in perspective, that’s equivalent to adding the electrical load of an entire small state. Breaking Down the 7.5

Basin

Rigzone

JULY 25, 2025

Joining Karoon in 2020, Julian was instrumental in developing and delivering Karoon’s 2021 Strategic Plan. “On behalf of the Board, I would like to sincerely thank Julian for all his hard work over the past five years.

Exploration and Production

Rigzone

JUNE 25, 2025

Reliance Industries’s Jio-bp venture will set up gasoline and diesel dispensers at compressed natural gas retail outlets of Adani Total Gas Ltd., In 2021, Jio-bp had unveiled plans to expand their fuel network to 5,550 stations in five years, but they have so far reached only 2,000 outlets.

Natural Gas

Rigzone

JULY 18, 2025

US oil drilling has dropped 12% this year to the lowest since September 2021, driven by demand concerns triggered by US President Donald Trump’s tariff proposals and faster-than-expected increases in OPEC+ production.

Oil

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 18, 2025

Brent Crude $69.28 -0.35% Natural Gas $3.57 +0.65% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Germany's Top Performing Smallcap Surges Again by Bloomberg | Isolde MacDonogh | Friday, July 18, 2025 | 2:00 PM EST A breakneck rally in the shares of a German pipeline builder accelerated this week.

Pipeline

Rigzone

JULY 2, 2025

In 2021, they signed a gas contract with the University of Stuttgart for January 2023 to December 2026. In this context, we are supporting the universities in Baden-Wuerttemberg on their way to a better CO2 balance”, Gundolf Schweppe, CCO for Sales at Uniper, said.

Drivers

Rigzone

JULY 31, 2025

On March 31, 2021, Premier Oil plc announced that the all share merger between Premier and Chrysaor Holdings Limited was completed. The Armada processing hub serves Hawkins, Fleming, Drake, Maria, and Seymour fields and has a capacity of more than 20,000 barrels per day, the NSTA noted.

Oil