Asian Oil & Gas
JULY 30, 2025
India’s Oil and Natural Gas Corporation (ONGC), BP Exploration (Alpha), and Reliance Industries (RIL) have signed a joint operating agreement (JOA) to explore offshore…
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
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.
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…
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.
OilPrice
JULY 23, 2025
The UK government has raised the maximum prices it is willing to guarantee developers of wind power projects in a bid to reinvigorate investment in renewable energy and keep its ambitious decarbonization targets on track. The increase, announced on July 23rd, underscores the challenges faced by clean energy developers contending with inflation, rising interest rates, and strained supply chains.
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Rigzone
JULY 29, 2025
Venture Global reached a positive FID and closed $15.1 billion in financing for phase I of the CP2 LNG project and the associated CP Express Pipeline.
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.
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.
OilPrice
JULY 28, 2025
The U.S. Nuclear Regulatory Commission on Thursday granted multiple licensing and regulatory approvals necessary for the 800-MW Palisades nuclear plant in Michigan to restart operations later this year. Palisades is now authorized to receive new fuel and formally transition licensed reactor operators to on-shift status, Holtec International said in a statement.
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.
Offshore Engineer
JULY 30, 2025
The merger between Repsol Resources UK and NEO Energy has been completed, creating NEO NEXT Energy as one of the largest producers on the UK Continental Shelf (UKCS)…
Energy Outlook Advisors
JULY 24, 2025
US Inventories, Exports, Imports, and Refinery Utilization (12 Charts).
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.
OilPrice
JULY 28, 2025
Shares of U.S. LNG producers jumped in early trading Monday after the European Union agreed to dramatically increase its energy imports from the United States, pledging $250 billion in annual purchases under a new transatlantic trade framework. The move includes LNG, oil, and nuclear energy and was announced in Brussels earlier today. Cheniere Energy, NextDecade, and Venture Global were among the biggest pre-market gainers, with some stocks rising as much as 8.8% before the U.S. market opened.
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.
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…
Permian Basin Oil and Gas Magazine
JULY 29, 2025
An analysis by S&P Global Commodity Insights reveals that methane intensity of oil and gas production in Permian Basin declined by more than 50 percent during 2022-24. The firm said, “Improved operations, better equipment and the utilization of AI and other advanced technologies led to reductions across all observable plume rates.” The data for 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44 percent per barrel of oil equivalent – a reduc
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.
OilPrice
JULY 25, 2025
Shell has taken a final investment decision (FID) on the development of the Mina West offshore gas field in Egypt’s Mediterranean waters, a move aimed at alleviating the country’s widening domestic supply gap and reinforcing its integrated gas strategy. The announcement, made jointly with Kuwait Foreign Petroleum Exploration Company (KUFPEC), comes as Egypt struggles with LNG import dependence and declining output from legacy fields.
BOE Report
JULY 28, 2025
(Corrects currency figures to C$ throughout, and removes operating expenses figure in key details) Overview * Surge Energy Q2 production averaged 23,589 boepd * Co reports Q2 net income C$31.91 mln * Company raises average 2025 production guidance to 23,000 boepd, cuts capex by $15 mln * Q2 adjusted funds flow at C$72.
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…
Oil & Gas Journal
JULY 28, 2025
Covering the operations of the oil and gas industry General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation Sections General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation LNG Energy Transition Industry Statistics Webcasts Special White Papers Podcast Magazine Surveys Research Events Submit an Article Contact About Us Subscribe Newsletters Advertise
Rigzone
JULY 24, 2025
SEARCH JOBS >> CREATE ACCOUNT SIGN IN Oil & Gas Jobs ▼ Search Jobs Jobs By Category Featured Employers Ideal Employer Rankings Oil & Gas News ▼ Headlines Most Popular Oil Prices Events Training Equipment SOCIAL Rigzone AI ▼ RigzoneGPT Chatbot Recruitment Job Postings & Talent Database Packages Search CV/Resumes Recruitment Dashboard Post Job FAQ | Advertise WTI Crude $65.99 +1.13% Brent Crude $69.12 +0.89% Natural Gas $3.15 +2.21% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
OilPrice
JULY 29, 2025
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. Once hindered by technical and operational challenges, FLNG projects are now achieving utilization rates comparable to onshore terminals.
BOE Report
JULY 28, 2025
Shares of U.S. liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next three years as part of a sweeping trade pact. NextDecade, Venture Global, and Cheniere Energy jumped between 7% and 8.
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.
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. 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.
Offshore Energies UK
JULY 24, 2025
Offshore Energies UK has today responded to the news that the Department for Energy Security & Net Zero (DESNZ) has increased the strike price caps and extended the duration for wind technologies in the upcoming Allocation Round 7 (AR7) Contracts for Difference (CfD) round. The government has designed CfDs to encourage investment in renewable energy projects, particularly offshore wind farms.
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.
POWER Magazine
JULY 28, 2025
Data center demands are shifting rapidly in today’s energy landscape. A customer that signed on for 10 MW just months ago may now be requesting 40. For energy suppliers across the country, scenarios like this are becoming the new normal as artificial intelligence (AI) infrastructure accelerates load growth and turns predictable load patterns into risky […] The post Smart Strategies for Energy Suppliers in the Data Center Boom appeared first on POWER Magazine.
Oilfield Technology
JULY 30, 2025
This program is federally funded under the Inflation Reduction Act (IRA) which specifically provides US$850 million in grants to reduce, monitor, measure, and quantify methane emissions from the oil and gas sector.
Offshore Engineer
JULY 30, 2025
The 50-50 consortium between Allseas and Boskalis has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao (YT2) in Taiwan…
Oil & Gas Journal
JULY 29, 2025
Covering the operations of the oil and gas industry General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation Sections General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation LNG Energy Transition Industry Statistics Webcasts Special White Papers Podcast Magazine Surveys Research Events Submit an Article Contact About Us Subscribe Newsletters Advertise
OilPrice
JULY 28, 2025
U.S. liquefied natural gas exporters pushed higher Monday following the European Union’s announcement of a $750?billion energy purchasing framework for the next three years, heavily focused on LNG. But signals from natural gas futures and producers like EQT suggest near-term sentiment is more cautious than heady. Cheniere Energy (LNG)—America’s flagship LNG exporter—rose about 1.7%, trading at $229.23, as renewed optimism over long-term European contracts fueled buying.
POWER Magazine
JULY 29, 2025
The explosive growth of hyperscale data centers is reshaping the power sector at unprecedented speed. In just a few short years, load requests from data center operators have gone from occasional filings to a full-on wave of gigawatt-scale development across North America. While much attention has been paid to the trend of co-locating data centers […] The post Beyond Co-Location: The Emerging Opportunity for Vertically Integrated Utilities in the Data Center Boom appeared first on POWER Ma
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