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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

oil production and one fifth of natural gas—declined by more than 50% during the 2022-2024 period as improved operations, better equipment and the utilization of AI and other advanced technologies led to reductions across all observable plume rates (large and small), according to a new analysis by S&P Global Commodity Insights.

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Russia Considers AI Data Centers as Collapsing Gas Sales Create Glut

OilPrice

Russia could use its excess natural gas to power AI data centers or crypto mining operations, Russian officials have said, as Moscow’s pipeline gas exports to Europe have collapsed and led to an oversupply at home. Previously, half a billion cubic meters per day went through the gas pipelines…

Gas 312
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Global LNG production will drive supply surge in 2026, says IEA

Oil & Gas 360º

Since the energy crisis in 2022 — when Europe lost most pipeline flows from Russia — countries across the globe have competed for a relatively tight pool of global LNG supply. 2026 will be marking the first year of the LNG wave and it will be also in a way a test how demand responds to the stronger growth, especially in Asia.”

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ExxonMobil-led consortium discovers gas reservoir off Cyprus coast

Oil & Gas 360º

The drilling operation found preliminary indications of a 350-meter gas-bearing reservoir at a depth of 1.9 The Glaucus-2 appraisal well, completed in March 2022, confirmed the presence of a high-quality gas-bearing reservoir. kilometers in the Pegasus-1 well, Cypriot government spokesperson Konstantinos Letymbiotis said.

Gas 130
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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. Ovintiv (OVV) – Oklahoma (Anadarko Basin) Operations Ovintiv (formerly Encana/Newfield) holds significant acreage in Oklahoma’s STACK/SCOOP (Anadarko Basin).

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EOG Resources Acquires Encino for $5.6B, Expands Premier Utica Shale Position

Rextag

Volumes have nearly tripled since July 2022, reaching 136 Mb/d by March 2025, driven largely by EAP and a few other producers. The condensate produced is used in refineries, petrochemical plants, or as diluent, and requires stabilization before transport — usually handled at facilities operated by MPLX (Cadiz), Williams (Scio), or Ergon Inc.

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EU will need $280 billion investment to boost nuclear energy

Oil & Gas 360º

The expansion will need $237 billion (205 billion euros) in investments in new nuclear power generation capacity, as well as $42 billion (36 billion euros) in investments to extend the lifespan of operating reactors. The investment includes both public and private funds, according to the European Commission’s estimates.

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