Oil & Gas 360º

JULY 25, 2025

(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. The latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44% per barrel of oil equivalent—a 29% reduction from the previous year.

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OilPrice

JULY 24, 2025

natural gas markets are finally catching their breath. gas prices—has fallen sharply in the first half of 2025, signaling a return to something resembling stability. According to newly released data from Bloomberg and highlighted by the EIA, annualized volatility dropped from a frothy 81% in Q4 2024 to 69% by mid-2025.

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Gas Natural Gas 146

OilPrice

JULY 8, 2025

Previously, we reported that natural gas at the Waha hub was selling for near-zero or sub-zero prices for much of 2024 thanks in large part to excess natural gas production in the Permian Basin coupled with limited takeaway capacity due to a shortage of gas pipelines. Consequently, Permian gas…

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Oil & Gas 360º

JULY 14, 2025

(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.

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OilPrice

JUNE 10, 2025

This decade, renewables generation has been breaking records in Europe every year, solar power surpassed the share of coal generation, and natural gas-fired electricity generation fell for the fifth year running in 2024. Renewables…

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Natural Gas Government Gas Energy 251

OilPrice

JUNE 30, 2025

The east coast of Australia is facing natural gas shortages earlier than previously expected, the country’s competition watchdog has warned, noting the market could swing into a deficit as early as the fourth quarter of this year.

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Gas Natural Gas Government IT 159

Enverus

JUNE 25, 2025

AUSTIN, Texas (June 25, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Learn more at Enverus.com.

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Operator Exploration and Production Utilities Upstream 130

Marcellus Drilling News

JULY 21, 2025

Danskammer Energy, which had operated a gas-fired peaker power plant along the Hudson River in Newburgh, NY, worked on a project to upgrade the plant since 2018.

Gas 159

Gas Operator Energy Energy 159

OilPrice

JUNE 11, 2025

The combined net profits of Russia’s oil and gas companies nearly halved in the first quarter from a year earlier, while petroleum revenues for the budget have been falling with the decline in oil prices in recent months. The net profits of the Russian oil and gas firms slumped to $9.9 billion (789.5 billion (789.5

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Oil Petroleum Gas 231

Marcellus Shale Coalition

JULY 7, 2025

The $165 million generated by Pennsylvania’s natural gas impact tax in 2024 demonstrates yet another way the state’s energy abundance is a win for residents and the Commonwealth. The natural gas impact fee provides critical financial support to communities across Pennsylvania. Rossi said. Bradford Era: Annual Pa.

Gas 97

Gas Natural Gas Drivers Government 97

Oil & Gas 360º

JUNE 23, 2025

This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month.

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Gas Oil Natural Gas Maintenance Technician 130

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. remained a net exporter of energy in 2024 for the third straight year after producing a record amount that exceeds consumption. The post EIA report: Imports of energy to U.S.

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Energy Energy Crude Oil Natural Gas 52

Energy Outlook Advisors

JUNE 8, 2025

June 8, 2025 Europe’s energy landscape is transforming as the continent reduces its reliance on imported natural gas. Following Russia’s 2022 invasion of Ukraine, the EU accelerated efforts to diversify gas supplies, launching the REPowerEU plan to phase out fossil fuels and other plans to reduce imports form Russia.

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Gas Natural Gas Energy Energy 161

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. expansion this year, the IEA said in its quarterly gas market report. A project in Qatar will also add to the growth.

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Oil & Gas 360º

JULY 1, 2025

(BOE Report) – Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia. million for the same period in 2024, according to data compiled by commodity analysts Kpler. Total imports of the super-chilled fuel were 208.62 from the 205.11

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Natural Gas Gas Pipeline IT 130

Iraq Business News: Oil & Gas

JUNE 8, 2025

As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025. By John Lee.

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Gas Field Dry Gas Associated Gas 59

OilPrice

JULY 3, 2025

Enphase shares are down roughly 65% from 2024 highs, impacted by rising interest rates, shifting U.S. Sentiment has weakened, and many investors have exited the sector, reallocating toward larger-cap utilities or oil and gas producers perceived as safer amid policy uncertainty. Solar stocks have struggled in 2025.

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Casing Utilities Gas Oil 216

Oil & Gas 360º

JULY 11, 2025

(Investing) – Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 PDVSA’s crude oil and fuel exports averaged 805,500 barrels per day (bpd) last year, according to preliminary data from its 2024 financial and operational results. licenses allowing foreign partners to operate in the sanctioned OPEC member.

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Oil Crude Oil Refinery Operator 130

Marcellus Drilling News

JUNE 12, 2025

Even though gas-fired power is the #1 source of electric power generation in the U.S., almost no new combined-cycle gas-fired power plants came online in the U.S. gigawatts (GW) of new gas-fired power is currently under construction, and developers have. That’s about to change.

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Gas Energy Energy 151

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. The 387 active storage fields in the Lower 48 states had a design capacity of 4.671 tcf in November 2024, according to the latest federal data available.

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Natural Gas Field Gas 130

McKinsey

JULY 17, 2025

1 “ AI power: Expanding data center capacity to meet growing demand ,” McKinsey, October, 29, 2024. Another option—carbon-capture technology added to natural gas plants—faces challenges in becoming cost-competitive. 5 Pathways to commercial liftoff: Next-generation geothermal power , US Department of Energy, March 2024.

IT 100

IT Hydraulic Fracturing Energy Energy 100

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. volumes comprised 24 percent or 16.6

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BCM Gas Pipeline Natural Gas 108

BOE Report

JULY 23, 2025

has reported higher revenues and oil and gas production in its latest quarterly results. The Calgary-based oil and gas producer says net income was $310.6 million during the same 2024 quarter. CALGARY – Whitecap Resources Inc., fresh off its $15-billion combination with Veren Inc., Read more]

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Oil Gas IT 103

BOE Report

JULY 8, 2025

natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105.9 Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.

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Dry Gas Natural Gas Gas Energy 107

Permian Basin Oil and Gas Magazine

JUNE 20, 2025

Underground working natural gas storage capacity in the lower 48 states increased last year, according to the latest data from U.S. EIA calculates natural gas storage capacity in two ways: demonstrated peak capacity and working gas design capacity. Both increased in 2024. Energy Information Administration.

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BCF Gas Natural Gas Basin 59

Rigzone

JULY 22, 2025

Image by Natalya Bosyak via iStock In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, offered an explanation for the August natural gas contract price drop on Monday, which the report highlighted came in at 6.7 “The August contract dropped 24.0 cent, or 0.6

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Natural Gas Gas Exploration and Production BCF 70

BOE Report

JUNE 10, 2025

natural gas output and demand will both rise to record highs in 2025, the U.S. EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105.9 Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. bcfd in 2025 and 106.4 bcfd in [Read more]

Dry Gas 88

Dry Gas Natural Gas Gas Energy 88

Oil Review Middle East

JULY 18, 2025

Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. bcm of the additional gas flaring. The solutions exist.

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BCM Gas Associated Gas Oil 102

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. In Q4 2024 , Mach’s production averaged 86.7

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Operator Gas Oil Basin 52

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. billion cubic meters (473.22

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Gas Oil BCM Pipeline 75

Oil & Gas 360º

JUNE 9, 2025

In 2024, Argentina recorded 99 M&A deals, the highest since 2019, with transaction values reaching $8 billion—the largest amount since 2017, PwC data showed. Vaca Muerta, the world’s second-largest unconventional gas reserve and fourth-largest oil reserve, located in the province of Neuquén, is one of Argentina’s main attractions.

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Energy Energy Upstream Consulting 130

Rextag

JUNE 20, 2025

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. The drop follows a surge in 2024 driven by the Trans Mountain pipeline expansion, which added 600,000 bpd of export capacity and sparked record lease demand.

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Gas Oil Natural Gas Condensate 52

Oil & Gas 360º

JULY 16, 2025

(EIA) – In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in 2024.

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Energy Energy Crude Oil Petroleum 130

Oil & Gas 360º

JUNE 23, 2025

The company broke ground on the construction of the facility in February 2023, with the development of storage facilities and the associated pipeline advancing in February 2024. By March 2025, the facility began injecting crude, with GEIL’s production averaging 5,000 bpd.

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Field Instrumentation Transportation Operator 130

Rigzone

JULY 4, 2025

Image by Professor25 via iStock The world’s top oil consumer in 2024 was the U.S., percent of total oil demand in 2024. From 2014 to 2024, U.S. From 2014 to 2024, U.S. percent of total oil demand in 2024, the report revealed. From 2014 to 2024, China’s oil demand has grown by an average of 4.0

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Oil Barrel Natural Gas Refinery 104

Rextag

JULY 17, 2025

According to the company, they will also nearly double overall production from 81,000 BOE/D to 152,000 BOE/D , while increasing natural gas exposure from 53% to 66%. “These acquisitions are transformative for Mach,” said Tom Ward, chief executive at Mach. The deals will expand Mach’s total acreage footprint by roughly one-third to 2.8

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Basin Natural Gas Gas Upstream 59

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.

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Natural Gas Gas Consulting Engineering 52