This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Middle East is on track to surpass Asia to become the world’s second-largest gas producer in 2025, ranking only behind North America, according to Rystad Energy research and analysis. The region currently produces about 70 billion cubic feet per day (Bcfd) of gas, a figure that is forecast to increase by 30% by 2030 and…
Argentina's Vaca Muerta shale play posted significant first-quarter gains in 2025, building on last year's strong performance, with oil output surging 26% and gas production rising 16% year-on-year, according to Rystad Energy estimates.
With much of the world’s attention focused on wind turbines, solar panels, and electric vehicles, natural gas has grown in importance as the backbone of modern energy systems. It fuels power plants, heats homes, drives industry, and—through liquefied natural gas (LNG)—connects continents.
The Philippines, one of the world’s most coal-dependent power markets, has boosted LNG imports and gas-fired power generation in recent years, to the point of being on track to see the first decline in coal power generation in 17 years. The share of gas power generation jumped to 17.5%
Russia’s natural gas production fell 3.2% in the first half of 2025, reaching 334.8?billion The drop, confirmed by federal statistics and Bloomberg analysis, reflects the structural impact of Ukraine’s January decision to terminate its gas transit deal with Moscow. That route had accounted for over 15?bcm
Russia’s natural gas exports to Europe via pipeline and LNG cargoes declined in the first half of 2025 from a year earlier as flows via Ukraine stopped and some buyers shunned Russian LNG. Total gas exports from Russia to Europe nearly halved to 8.33 billion cubic meters in the period January to June 2025, down from 15.5
The EU natural gas market in late 2025 is expected to face tight supply due to lost Russian pipeline gas, low storage, LNG competition from Asia, and possibly higher gas demand that expected if renewables do not deliver. By June 30, EU gas storage reached 58.9% capacity, up 10.5
Oil and gas activity in the U.S. Eleventh District slipped into contraction in the second quarter of 2025, according to the Dallas Fed Energy Survey released Wednesday, with firms citing falling production, deteriorating service margins, and deepening uncertainty. and the natural gas production index to -4.5, in Q1 to -8.1,
MW/209-MWh The post POWER Digest [May 2025] appeared first on POWER Magazine. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh
Texas Oil and Gas Association reported Monday record amounts of natural gas production in the state this year. TXOGA said natural gas withdrawals rose to 36.9 billion cfd of dry natural gas – supplying 11.8 In the first 5 months of 2025, Texas produced 42.2 marketed natural gas production. billion cfd.
Natural Gas Inventories as of July 18, 2025 The EIA has released its natural gas inventory report, showing a net increase of 23 Bcf as of July 18, 2025. Working gas in storage was 3,075 Bcf as of Friday, July 18, 2025, according to EIA estimates. Midwest 746 730 16 16 825 -9.6 Mountain 239 235 4 4 251 -4.8
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.
Natural Gas Inventories as of June 27, 2025 The EIA has released its natural gas inventory report, showing a net increase of 55 Bcf as of June 27, 2025. Working gas in storage was 2,953 Bcf as of Friday, June 27, 2025, according to EIA estimates. Midwest 688 665 23 23 776 -11.3 Mountain 228 223 5 5 239 -4.6
What’s more, the IEA believes that spending on non-hydrocarbon energy, including, besides wind and solar, also nuclear, grid upgrades, energy storage, new fuels, and efficiency, will be twice the amount spent on oil and gas this year. trillion, the total for what the IEA calls clean energy certainly seems impressive.
(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. By Charles Kennedy for Oilprice.com
The American Gas Association’s 2025 Energy Institute Statistical Review of World Energy was published on June 26, 2025, covering full-year 2024 data on global energy and emissions statistics. Nearly 87% of global.
Natural Gas Inventories as of July 4, 2025 The EIA has released its natural gas inventory report, showing a net increase of 53 Bcf as of July 4, 2025. Working gas in storage was 3,006 Bcf as of Friday, July 4, 2025, according to EIA estimates. This represents a net increase of 53 Bcf from the previous week.
REGIONS: US proposes rules that could boost oil, gas output in US West; Elon Musk confirms buying overseas power plant, shipping it to Memphis for xAI; LNG boom hits a snag in Louisiana’s crowded waterways; NATIONAL: Dallas Fed energy survey shows oil, gas activity contraction; Imports made up 17% of U.S. energy supply.
natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday…
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 bcfd in 2025 [Read more] Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.
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
Natural Gas Inventories as of June 20, 2025 The EIA has released its natural gas inventory report, showing a net increase of 96 Bcf as of June 20, 2025. Working gas in storage was 2,898 Bcf as of Friday, June 20, 2025, according to EIA estimates. Midwest 665 638 27 27 755 -11.9 Mountain 223 216 7 7 235 -5.1
REGIONS: New York has got to face reality – we need natural gas; NATIONAL: TC Energy is bolstering America’s energy dominance through critical investments; Geothermal energy may be poised for growth thanks to shale drilling advances; Why is every natural disaster being politicized?;
Utilities across the European Union boosted electricity output from gas and coal plants by 13% in the first half of 2025 from a year earlier—the biggest annual increase for January to June since 2017, according to data from clean energy think tank Ember cited by Reuters market analyst Gavin Maguire.
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 bcfd in 2025 and 106.4 Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. billion cubic feet per day (bcfd) in 2024 to 105.9
In first half of 2025, crude oil shipments were 65.2 million tons in first half of 2025 – up 10.8 percent in first half 2025, gas up 10.8 percent appeared first on Permian Basin Oil and Gas Magazine. percent in first half 2025, gas up 10.8 million tons – up 3.8 percent from last year.
The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. Conclusion The M&A landscape in 2025 presents both challenges and opportunities for small to medium-sized upstream operators.
Natural Gas Inventories as of June 6, 2025 The EIA has released its natural gas inventory report, showing a net increase of 122 Bcf as of June 6, 2025. Working gas in storage was 2,707 Bcf as of Friday, June 6, 2025, according to EIA estimates. Midwest 608 579 29 29 709 -14.2 Mountain 210 205 5 5 223 -5.8
Indigenous-owned Canadian natural gas export project to boost global energy security By Deborah Jaremko on July 24, 2025, 10:23 am MDT Construction underway on the Cedar Link pipeline, with the LNG Canada terminal in the background.
REGIONS: Democrat-led northeast now has highest electricity prices in nation; NATIONAL: Kelcy Warren’s dual impact of building energy infrastructure while championing philanthropy; What the media still won’t tell you about the energy transition; Natgas prices sink on the outlook for cooler us temps and higher gas production; INTERNATIONAL: Oil slides (..)
Last week the Energy Institute (EI) released the 2025 Statistical Review of World Energy, which was published previously for more than 70 years by BP. The full report and all data can be found at this link.
trillion in new oil and gas investments in the period until 2050 in order to secure a sufficient supply. This is what OPEC warned in the 2025 edition of its World Oil Outlook. The world needs $18.2
(Oil & Gas 360) – June 10, 2025 – When Oil & Gas 360 ® first sat down with Troy Eckard, Founder and Chairman of Eckard Enterprises , for a candid Executive Interview , the result was a compelling story chock-full of insights from a successful oil and gas veteran.
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.
As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹ For upstream oil and gas companies, it offers a path to faster decisions, smarter development and more efficient operations.
TotalEnergies expects its $20-billion Mozambique liquefied natural gas (LNG) project to resume development 'this summer', Chief Executive Patrick Pouyanne said on Wednesday…
From triple-frac mega pads to fully automated completions, here are the top five trends defining hydraulic fracturing in 2025: 1. Final Thoughts Hydraulic fracturing in 2025 is no longer just about brute force—it’s about precision, automation, and power innovation. The result?
Image by frantic00 via iStock ADNOC Gas PLC on Tuesday said it had approved phase one of the Rich Gas Development (RGD) project in the United Arab Emirates and awarded $5 billion worth of contracts. ’s gas processing and sales arm said in an online statement. The bulk at $2.8
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.
wells), and applying AI to extract common themes, here are the top five trends transforming oil & gas strategy for the remainder of 2025. Behind-the-Meter Power : Operators like Devon, ConocoPhillips, and Exxon are exploring gas-fired plants to power AI data centers—monetizing stranded gas and anchoring long-term demand.
July 21, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. With the deal now closed, Chevron expects to realize $1 billion in cost synergies by the end of 2025, securing a key asset for its future growth. year low of 422.
(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.
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.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content