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. 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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OilPrice

JULY 25, 2025

PetroChina has quietly approved a multi-billion-dollar refinery and petrochemical complex in northeast China’s Dalian, marking a strategic shift amid declining fuel demand and growing petrochemical appetite. The final investment decision has been made, according to multiple sources, but it has not yet been formally announced. The new facility, to be built on Changxing Island, will feature a 200,000 bpd crude refinery and a 1.4 million ton-per-year ethylene unit, alongside polyethylene, polypropy

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OilPrice

JULY 20, 2025

Pipelines are the unsung backbone of the global energy system–quietly moving billions of barrels of oil and trillions of cubic feet of gas with unmatched efficiency, reliability, and scale. In the U.S., they handle nearly 70% of all petroleum shipments, or over 14 billion barrels annually, without the headlines or volatility of seaborne trade. What makes pipelines indispensable isn’t just cost or carbon footprint; it’s continuity.

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POWER Magazine

JULY 23, 2025

China has started construction of what would be the world’s largest hydropower dam. Chinese Premier Li Qiang on July 19 led a ceremony marking groundbreaking for the Motuo Hydropower Station, a project with an estimated cost of $167 billion that could generate as much as three times the electricity of the 22.5-GW Three Gorges project. […] The post China Breaks Ground for World’s Largest Hydropower Station appeared first on POWER Magazine.

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Offshore Engineer

JULY 24, 2025

Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company under the name of Saipem7, which will…

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Energy Energy 78

American Gas Association

JULY 21, 2025

AGA Newsroom True Blue Blog Where energy conversations come to life. America’s natural gas utilities are working alongside state governments and businesses to deliver more energy to consumers, support manufacturing, and ensure reliable energy for data centers across the country. The natural gas industry is a driving force fueling the economy of the future and is leading the way within the energy sector for the speedy delivery of adequate and affordable fuel to facilities that are being built tod

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Oil & Gas 360º

JULY 23, 2025

(World Oil) – TotalEnergies has announced the start of production from the BEGONIA and CLOV Phase 3 offshore Angola projects, which together will add a total of 60,000 bpd of new production. The two subsea tie-back projects will deliver additional production leveraging available capacity on existing FPSOs, TotalEnergies stated, citing added benefits of low marginal costs and low carbon intensities.

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POWER Magazine

JULY 25, 2025

The past few years have brought decades worth of change to electric utilities. An increasing fraction of supply is coming from intermittent sources like solar and wind. Energy storage technology has become economically viable and has seen widespread deployment. And the industry as a whole is grappling with what seems like insatiable new demand from […] The post At a Time of Accelerating Change, Utilities Need to Build Flexibility into Their Strategy for Load Growth appeared first on POWER

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Utilities Energy Energy 228

Enverus

JULY 22, 2025

The One Big Beautiful Bill Act (OBBBA) has changed the game for renewable energy developers. With fewer subsidies to fall back on, developers are being pushed to rethink where and how they build projects. It’s no longer about chasing tax credits, it’s about finding the projects that can stand on their own two feet. Here are five of the biggest shifts developers should have on their radar when building their pipeline and project strategy post-OBBBA. 1.

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Project Manager Finance Utilities Pipeline 130

Offshore Engineer

JULY 22, 2025

Global energy technology company SLB has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP)…

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Energy Energy 55

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% expansion this year, the IEA said in its quarterly gas market report.

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OilPrice

JULY 20, 2025

Norway has major plans to expand its hydropower capacity through expansion projects and new developments. The Scandinavian country, which is well-known for its strong and diverse energy sector, recently announced plans to collaborate with the United States Department of Energy (DoE) to support research and development into hydropower in the two countries.

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POWER Magazine

JULY 25, 2025

As renewable energy becomes the foundation of electricity systems around the world, the importance of stationary battery storage is no longer in question. Lithium-ion batteries are being deployed at unprecedented rates to support grid reliability, integrate variable generation, defer infrastructure upgrades, and provide flexible capacity across multiple electricity markets.

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Rextag

JULY 24, 2025

Kinder Morgan Inc. (KMI) delivered a strong second-quarter performance, reporting a 24% increase in net profit as natural gas demand continues to drive growth across its pipeline and infrastructure business. The company posted $4.04 billion in revenue for Q2, representing a 13.2% year-over-year increase , and beating MarketBeat’s consensus by 550 basis points.

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Natural Gas Gas Pipeline Transportation 49

Offshore Engineer

JULY 25, 2025

The Scottish Government has granted joint venture partnership between Ørsted, Simply Blue Group and Subsea7, the developers of Salamander floating offshore wind farm…

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Operator Offshore Government 72

Oil & Gas 360º

JULY 18, 2025

(World Oil) – Chevron has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding Hess’ offshore Guyana assets, which had delayed the takeover for over a year. offshore operations in Guyana’s Stabroek block. Image: Hess The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world and a high cash margin produc

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OilPrice

JULY 21, 2025

India added a record 22 gigawatts (GW) of renewable energy capacity in the first half of 2025 – a 57% jump from the 14.2 GW installed during the same period last year. The new capacity includes 18.4 GW of solar, 3.5 GW of wind and 250 megawatts (MW) of bioenergy, which is generated from plant and animal waste. This marks the country’s highest-ever addition in any six-month period.

Energy 273

Energy Energy 273

Enverus

JULY 21, 2025

In the dynamic landscape of energy markets, accurate load forecasting is essential for informed decision-making. Enverus forecasting solutions have consistently demonstrated exceptional performance, particularly during extreme weather events and critical peak demand periods. Complementing this reliability, our ongoing commitment to innovation has led to significant enhancements in our forecasting models.

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Egypt Oil & Gas

JULY 20, 2025

The Egyptian General Petroleum Corporation (EGPC) signed a strategic Memorandum of Understanding (MoU) with its partner, the Siemens, DNV, and EnExpert Energy Consortium. It aims to enhance safety levels and improve the efficiency, security, and sustainability of the petroleum pipeline network for crude oil and petroleum product transportation and storage.

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Pipeline Petroleum Sustainability Sustainable 59

Energy Outlook Advisors

JULY 24, 2025

US Inventories, Exports, Imports, and Refinery Utilization (12 Charts).

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Oil & Gas 360º

JULY 25, 2025

(Oil Price) – PJM Interconnection, the operator of the largest U.S. electric grid, has issued a maximum generation alert and load management alert for July 24 due to expected high peak load demand amid a heat wave. PJM Interconnection, whose area covers 13 mid-Atlantic and Midwest states and the District of Columbia, said that the alert does not require any action from customers.

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OilPrice

JULY 22, 2025

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.” The association’s report showed that total funding for fusion efforts has exceeded $9.7 billion since 2021, with more than $2.6 billion raised in the last year alone.

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Energy Energy 230

Permian Basin Oil and Gas Magazine

JULY 22, 2025

Corpus Christi’s recent ship channel improvement project deepened the channel to 54 feet from 47 feet and widened it to 530 feet in most places. That enables more efficient transport of crude oil, LNG and other commodities, including ship traffic by very large crude carriers. And it attracted three major pipelines from Permian Basin so that the Port of Corpus Christi became the largest energy exporter in the U.S. and the third largest in the world.

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BOE Report

JULY 18, 2025

U.S. oil and gas major Chevron completed its $53 billion acquisition of Hess on Friday, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the biggest oil discovery in decades.

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Gas Oil Completion IT 102

Enverus

JULY 24, 2025

A combined $92 billion in energy and artificial intelligence (AI)-related investments were announced across Pennsylvania last week, with projects ranging from new data centers to natural gas plants and grid modernization efforts. The initiatives could mark a transformative step for both the state, which is emerging as a national tech powerhouse, and the U.S. as leader in the next era of digital infrastructure.

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Oil & Gas 360º

JULY 23, 2025

(Oil Price) – Demand for electricity from data centers handling AI technology drove the price of the largest electricity auction in the United States to a new record, exceeding last year’s all-time high by 22%. Organized by PJM Interconnection, the capacity auction covers 20% of American consumers and aims to ensure that there is enough generation to respond to spikes in demand, averting blackouts.

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POWER Magazine

JULY 22, 2025

Mirion Technologies, a leading provider of advanced radiation safety solutions, has announced the launch of the Vital Platform. This software offers a single, unified system for accessing data across nuclear power sites to work more efficiently, enhance worker safety, and solve operational challenges faster. The launch includes the platform’s first application, Vital Supervision, designed to […] The post Mirion Technologies Launches Vital Platform for Nuclear Industry appeared first on POW

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Operator 130

Offshore Engineer

JULY 23, 2025

CorPower Ocean has secured a grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal…

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Energy Energy 63

Valor

JULY 21, 2025

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. We are committed to sharing the insights and knowledge that our team gathers to help you stay ahead in this dynamic sector. From mergers and acquisitions to regulatory changes and technological advancements, we cover all the key developments that impact the industry.

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Energy Energy BCF Natural Gas 52

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.” The association’s report showed that total funding for fusion efforts has exceeded $9.7 billion since 2021, with more than $2.6 billion raised in the last year alone.

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OilPrice

JULY 19, 2025

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 newly released 2025 Statistical Review of World Energy highlights just how indispensable natural gas has become, despite mounting pressure to decarbonize.

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Natural Gas Gas Energy Energy 251

Pro-Gas Services

JULY 20, 2025

The journey of natural gas from the wellhead to our homes and businesses is fraught with challenges, not least of which is the presence of water vapor. This seemingly innocuous component can lead to a host of problems, including pipeline corrosion, hydrate formation that can obstruct flow, and a reduction in the heating value of the gas. For decades, our industry has worked tirelessly to refine the methods and technologies employed to remove this water, and the evolution of natural gas dehydrato

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Natural Gas Gas Exploration and Production Operator 52

Offshore Engineer

JULY 23, 2025

TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola.

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Offshore Barrel 51

Rigzone

JULY 18, 2025

The U.S. Bureau of Land Management announced that it had approved the 30-megawatt Crescent Valley geothermal energy production facility and associated transmission line.

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Management Energy Energy IT 104

True Natural Gas

JULY 18, 2025

Natural gas is a vital energy source for millions of households across the country. It powers stoves, heats homes, and fuels water heaters—but have you ever wondered how it gets from deep underground to your front door? The journey of natural gas from wells to homes is a complex and carefully managed process that ensures safety, reliability, and efficiency.

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Natural Gas Gas Transportation Pipeline 100

OilPrice

JULY 24, 2025

Electricity generation in the United States hit a record high in the first half of the year, as power demand is growing with data center expansion. Electricity provided by utilities in the U.S. rose by 4% in January to June, to an all-time high of 2,188 terawatt hours (TWh) for the period, according to data from clean energy think tank Ember cited by Reuters columnist Gavin Maguire.

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Utilities Energy Energy 282

Oil & Gas 360º

JULY 22, 2025

Oil & Gas 360 – CALGARY, AB , July 22, 2025 /CNW/ – Enbridge Inc. (Enbridge or the Company) announced that it has reached a final investment decision on Clear Fork, a 600 MW solar project in Texas. Clear Fork will be a utility scale solar facility located near San Antonio , with 600 MW of capacity. Construction is underway, and the facility is expected to enter in service during the summer of 2027.

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