Oil & Gas 360º

JUNE 13, 2025

(Oil Price) – As part of the European Union’s efforts to halt imports of Russian natural gas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters.

Gas

Rigzone

JUNE 19, 2025

million barrels of oil equivalent. million barrels of oil equivalent. Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery. million standard cubic meters of oil equivalent (approximately 30.8

Oil

Oil & Gas 360º

JULY 24, 2025

(World Oil) – Global supply of liquefied natural gas is set to surge the most since 2019 next year, primarily driven by production additions in North America, the International Energy Agency said. The increase in supply will accelerate to 7%, or 40 billion cubic meters a year in 2026, following a 5.5%

Natural Gas

Oil & Gas 360º

JULY 25, 2025

Fuelmakers have seen an unexpected boost in profit from key products in recent months, offering relief after earnings retreated from 2022 highs, driven by a post-pandemic demand rebound and supply disruptions following Russia’s invasion of Ukraine. The improved margins helped peers such as Valero Energy surpass Wall Street estimates.

Crude Oil

Oil & Gas 360º

JULY 22, 2025

(Oil Price) – Investments in fusion technology have jumped by $2.6 billion in the year to July, the most since 2022, the Fusion Industry Association said in a new report on Tuesday, noting that the growth in funding for fusion energy companies “is the most striking indicator of the industry’s accelerating trajectory.”

Supply Chain

Marcellus Drilling News

JULY 17, 2025

for AI projects; NATIONAL: What’s the state of oil hiring in the USA?; proved reserves fell in 2023 from 2022 record; Gen. REGIONS: California’s climate superfund bills fail again; Let’s hope Kathy Hochul took notes as investors poured $100B into Pa.

Energy

Permian Basin Oil and Gas Magazine

JULY 11, 2025

Energy Information Administration reduced its forecast for crude oil production this year. In its Short-Term Energy Outlook released Tuesday, EIA said, “Declining oil prices have contributed to U.S. crude oil production will decline from an all-time high of just over 13.4 production of crude oil was 11.99

Crude Oil

Oil & Gas 360º

JULY 16, 2025

Natural gas was once considered a waste byproduct of crude oil production but now has become a common energy source for heating and electricity generation. In 2022, U.S. Principal contributor: Mickey Francis Biofuels Closing Bell Story‎ Coal Crude Oil Featured Nuclear Sustainability coal EIA fossil fuels nuclear U.S.

Energy

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. Lower breakeven and emissions compared to oil. Here’s a structured summary and analysis of the latest U.S. rig activity based on the Baker Hughes data and broader market context: U.S.

Oil

Oilholics Synonymous Report

JULY 8, 2025

As the Oilholic heads out there for a business trip, while sitting and musing at London's Heathrow airport before the flight, one cannot but help notice that oil benchmarks are on the up. The group has effectively unwound nearly 90% of the so-called "voluntary" cuts it brought in back in 2022.

Barrel

Oil & Gas 360º

JUNE 13, 2025

(Oil Price) – The plans of many EU countries to boost nuclear power capacities will need an investment of as much as $278 billion (241 billion euros), according to estimates by the European Commission. Since the 2022 energy crisis, Germany and France have clashed on how nuclear energy should be treated in the green transition in the EU.

Energy

Oil & Gas 360º

JULY 7, 2025

The Glaucus-2 appraisal well, completed in March 2022, confirmed the presence of a high-quality gas-bearing reservoir. This marks the second gas discovery in Block 10 by partners ExxonMobil and QatarEnergy. Their first discovery was announced at the Glaucus-1 well in February 2019.

Gas

Rextag

JUNE 10, 2025

million net acres and more than 2 billion barrels of oil equivalent (Boe) in undeveloped resources. Condensate, Contiguity, and Competitive Returns The volatile oil window of eastern Ohio — covering counties like Carroll, Guernsey, Harrison, and Noble — has seen a sharp rise in condensate production. Why the Utica?

Condensate

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. Liquids” includes crude oil and NGLs.

Operator

Oil & Gas 360º

JULY 24, 2025

(Oil Price) – Power generation from clean energy rose globally in the first half of the year, led by the renewables champion China, while power output from fossil fuels remained flat from a year earlier, due to rising gas and coal use in Europe and surging coal generation in the United States.

Natural Gas

Oilfield Technology

JUNE 20, 2025

The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6

Exploration and Appraisal

BOE Report

JULY 24, 2025

New analysis provides the most accurate public, basin-wide estimate of methane emissions for the Permian HOUSTON, July 24, 2025 /PRNewswire/ — The methane intensity of oil and gas production in the Permian Basin—an area responsible for half of U.S.

Basin

Marcellus Drilling News

JUNE 12, 2025

In December 2022, MDN brought you the great news that Coterra Energy (formerly Cabot Oil & Gas) would be allowed to restart drilling in a nine-square-mile area in Dimock, PA (Susquehanna County) following a “no contest” plea deal with PA’s then-Attorney General, Josh Shapiro, on a misdemeanor charge (see PA DEP Allows Coterra (Cabot O&G).

Gas

Oil & Gas 360º

JULY 1, 2025

The numbers confirm that Europe is turning increasingly to LNG as it attempts to replace pipeline natural gas from Russia, which has been severely curtailed since the Russian invasion of Ukraine in February 2022.

Natural Gas

Rigzone

JUNE 5, 2025

Image by BrianAJackson via iStock Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices. “It will be challenging to meet dividend targets” with current oil prices, he said.

Natural Gas

Valor

JULY 28, 2025

July 28, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. oil and gas rig count fell, dropping two to 542 as of July 25, down 8% year-over-year and marking a fifth consecutive monthly decline. 2 oil-producing state go into a trust that distributes about $1.2

Royalty

Oil & Gas Magazine

JULY 2, 2025

No obstante, parte de ese ingreso podría destinarse a subsidios energéticos para evitar un “gasolinazo”, tal como ocurrió en 2022, cuando se usaron más de 370 mil millones de pesos para contener precios. por barril proyectados en el Paquete Económico 2024). registrado en 2008.

E&A

BOE Report

JULY 5, 2025

Low global oil stockpiles were a major motivating factor in prompting OPEC+ members to raise production by 548,000 barrels per day in August at the group’s meeting on Saturday, the Russian government said in a statement.

Oil

Offshore Energies UK

JULY 11, 2025

Only two offshore wind generation projects – GreenVolt in Scotland and East Anglia Two – have been supported by the government’s CfD scheme since 2022. There is only one energy supply chain for offshore wind and oil and gas – and it cannot be allowed to decline.

Offshore

Oil Gas Leads

JUNE 9, 2025

Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. June 9, 2025 U.S.

Gas

Rigzone

JUNE 10, 2025

The region increasingly depends on global flows after losing most of its Russian pipeline gas in 2022. SEFE, formerly the European trading and supply unit of Gazprom PJSC, was nationalized in 2022 as part of a €6.3 OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! billion ($7.2 billion) rescue package.

Gas

Iraq Business News: Oil & Gas

JULY 27, 2025

The Ministry of Oil has inaugurated the Central Gas Processing Facility at the Al-Faihaa [Fayhaa, Block 9] oil field in Basra, with a capacity of 130 million standard cubic feet per day (MMSCFD). Source: Ministry of Oil) The post Iraq Opens Central Gas Processing Facility at Block 9 first appeared on Iraq Business News.

Gas

McKinsey

JULY 10, 2025

In 2022, the three main HtA industries—cement, steel, and chemicals—contributed over 8 percent of the industrial sector’s total direct gross value added (GVA) for Iberia and provided 300,000 direct jobs. 10 “CO 2 storage projects in Europe,” International Association of Oil and Gas Producers, March 2024. Mtpa, COD 2022).

Transportation

Oil Review Middle East

JULY 11, 2025

It builds on the ongoing collaboration between the UAE and Germany, including the 2022 Energy Security and Industry Accelerator (ESIA) pact and the 2024 Joint Declaration with the state of Baden-Württemberg, both aimed at fostering energy security and sustainable fuel development.

Gas

Oil & Gas 360º

JUNE 19, 2025

For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries.

Energy

Rigzone

JUNE 20, 2025

Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law. percent) and the Ourhoud and El Merk oil fields in the Berkine basin located in Blocks 404a and 208 (12.25 MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

Exploration and Appraisal

Rextag

JUNE 14, 2025

billion minority sale in 2022 involving seven Alberta oil pipelines. He noted a shift in tone, with governments appearing more supportive of accelerating oil and gas projects. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.

Pipeline

Rigzone

JUNE 27, 2025

The highest recorded average price for regular gasoline was seen on June 14, 2022, at $5.016 per gallon, the AAA Fuel Prices site outlined. MORE FROM THIS AUTHOR Andreas Exarheas Editor | Rigzone OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Energy Information Administration showed an increasing price trend for U.S. regular gasoline.

Crude Oil

Oil & Gas Journal

JULY 29, 2025

The Bass Strait project consists of conventional oil and gas fields in Gippsland basin off the south east coast of Victoria, Australia. 18, 2020 Exploration & Development Esso Australia plans Bass Strait gas development expansion March 17, 2022 Companies Woodside, BHP sign share sale agreement to advance merger Nov.

Exploration and Production

CNBC: Energy

JUNE 21, 2025

Prices have already risen faster than the broad inflation rate since 2022, it said. watch now VIDEO 4:29 04:29 Electricity demand is absolutely growing, says Siemens Energy CEO Squawk Box Europe "Electricity prices are regionally determined, not globally determined like oil prices," said Joe Seydl, a senior markets economist at J.P.

Finance

Rigzone

JUNE 23, 2025

flagged the possibility of higher oil and gas prices after the U.S. flagged the possibility of higher oil and gas prices after the U.S. flagged the possibility of higher oil and gas prices after the US struck Iran, even as the bank’s base-case outlook hinges on major disruptions to supplies from the region. struck Iran.

Gas

Valor

JUNE 23, 2025

June 23, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. How oil prices are faring after U.S. Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S. Read more Iran has an oil card to play.

Energy