OilPrice

JULY 4, 2025

In late June the Energy Institute (EI) released the 2025 Statistical Review of World Energy, which was published previously for more than 70 years by BP. Here is the link to the full 2025 Statistical Review of World Energy. The Review confirmed that a troubling trend continues. Despite historic investments in renewables and net-zero pledges from nearly every major economy, global carbon emissions hit a record high in 2024.

Energy 314

Energy Energy 314

Energy Outlook Advisors

JULY 8, 2025

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. Prices are expected to increase, potentially exceeding €45/MWh under certain scenarios, especially if hurricanes disrupt LNG shipments from the Gulf of America Share Strong injection demand persisted across Europe in June, as storage operators accelerated refill efforts fo

Gas 164

Gas Pipeline Natural Gas Sustainability 164

Marcellus Drilling News

JULY 1, 2025

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. Global energy supply reached an all-time high with natural gas contributing the most incremental supply additions of any single energy source in 2024. Nearly 87% of global.

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Energy Energy Natural Gas Gas 254

POWER Magazine

JULY 1, 2025

Winning POWER’s highest honor, South Fork Wind—the first commercial-scale offshore wind farm in U.S. federal waters—stands as a beacon for the power sector’s ambition to forge new industries in the The post A Transformative Dawn: South Fork Wind Leads America’s Offshore Reboot appeared first on POWER Magazine.

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Offshore Engineering Engineer Energy 240

American Gas Association

JULY 2, 2025

AGA Newsroom True Blue Blog Where energy conversations come to life. It’s the 4 th of July! As we celebrate Independence Day, and the freedom we enjoy, energy security has been quietly supporting the American dream for decades. Today’s energy revolution has been critical in securing reliable, affordable energy, insulated from the volatility of international energy markets.

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Natural Gas Gas Energy Energy 163

OilPrice

JULY 5, 2025

OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply cuts in a bid to capture market share amid peak summer demand. At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding earlier expectations of a 411,000 bpd hike.

Barrel 302

Barrel Oil IT 302

Marcellus Drilling News

JULY 1, 2025

The number crunchers at the U.S. Energy Information Administration (EIA) analyzed proved reserves data for 2023 (the most recent year available) and determined that proved reserves of U.S. natural gas decreased 12.6% year over year, from 691.0 trillion cubic feet (Tcf) to 603.6 Tcf. This was the first annual decrease in U.S. natural gas reserves.

Gas 208

Gas Natural Gas Energy Energy 208

Energy Outlook Advisors

JULY 5, 2025

The OPEC+ group of eight, the V8, which made voluntary cuts and began unwinding them in April, met virtually today and decided to raise the production ceiling by 548 kb/d in August, four times the initial increase planned last December. This exceeded market expectations, including ours, of 411 kb/d. Here is an excerpt from the press release “ In view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with

Barrel 183

Barrel Oil 183

CNBC: Energy

JULY 5, 2025

Skip Navigation Markets Pre-Markets U.S. Markets Currencies Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics White

Oil 130

Oil Barrel Finance Supply Chain 130

OilPrice

JULY 2, 2025

French nuclear fuel giant Orano’s uranium mining subsidiary in northern Niger is on the verge of bankruptcy, raising alarms over future nuclear fuel supply chains amid deepening tensions with the ruling junta, Reuters reported on Wednesday. The company cited a breakdown in talks with Niamey and the blocking of essential equipment at the border as the primary drivers of the crisis.

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Supply Chain Drivers 289

Marcellus Drilling News

JULY 7, 2025

A kerfuffle has erupted in Morgan Township (Greene County), PA, between drilling and pipeline giant EQT Corporation and the town over the issue of hauling heavy equipment on Morgan’s roadways. Morgan supervisors prohibited EQT from using local town roads to haul heavy equipment to work sites. On June 18, EQT filed a lawsuit against the.

Pipeline 219

Pipeline Energy Energy 219

POWER Magazine

JULY 1, 2025

A global energy infrastructure management group said one of its solar-plus-storage projects in the UK is now online. Quinbrook Infrastructure Partners on July 1 said the 373-MW Cleve Hill Solar Park has started commercial operation, and represents the largest solar power and energy storage installation built to date in the UK. Quinbrook on Tuesday said […] The post UK’s Largest Solar Park Enters Commercial Operation appeared first on POWER Magazine.

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Operator Management Energy Energy 165

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. Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of this year, up 1.7% from the 205.11 million for the same period in 2024, according to data compiled by commodity analysts Kpler.

Natural Gas 130

Natural Gas Gas Pipeline IT 130

Energy Outlook Advisors

JULY 2, 2025

July 2, 2025 New interview with information on the impact of EVs in China on oil demand: Our team is traveling to Vienna next week to attend an OPEC Seminar and meet key energy industry figures.

Oil 171

Oil Energy Energy 171

OilPrice

JULY 2, 2025

Global crude oil production declined by 1% last year, for the first time since 2020, averaging 72.58 million barrels daily, OPEC said in the latest edition of its Annual Statistical Bulletin. The group reported a decline in OPEC and partner production while non-OPEC oil producers boosted output last year, in line with analyst predictions and relatively healthy oil prices.

Oil 292

Oil Crude Oil Barrel IT 292

Marcellus Drilling News

JULY 3, 2025

Upper Burrell (Westmoreland County, PA) town supervisors have historically been receptive (or at least tolerant) to the Marcellus Shale industry that has so blessed their town and Westmoreland County. But attitudes seemed to change last December, at least with respect to wastewater injection wells (see Upper Burrell Twp Makes Moves to Ban Wastewater Injection Wells).

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POWER Magazine

JULY 1, 2025

Built on degraded tidal flats in China’s Jiangsu Province, CHN Energy’s Rudong project combines 400 MW of offshore photovoltaic generation, grid-scale battery storage, and green hydrogen production with The post A Modern Blueprint for Coastal Power: China’s Offshore Solar-Hydrogen Integration appeared first on POWER Magazine.

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Offshore Energy Energy Engineering 200

Oil & Gas 360º

JULY 1, 2025

(World Oil) – ADNOC Drilling has secured a contract valued at up to $800 million by ADNOC Onshore for the provision of integrated hydraulic fracturing services for conventional and tight reservoirs, the UAE-based company announced Monday. The five-year agreement is set to commence in 3Q 2025, marking another significant milestone in ADNOC Drilling’s evolution as a fully integrated technology-enabled energy services company.

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Hydraulic Fracturing Operator Completion Offshore 130

EnergyTrend

JULY 7, 2025

Jinko Solar Submits 1440MWh Solar-Storage Project Proposal in Australia Jinko SolarAustraliahassubmittedaproposalfora1440MWhsolar-plus-storageprojectinNewSouthWalesunderthefederalEnvironmentProtectionandBiodiversityConserv.

Energy 130

Energy Energy 130

OilPrice

JULY 4, 2025

Oil production from Canada’s oil heartland, Alberta, slumped to a two-year low in May as wildfires in the province and maintenance on some oil sands operations dragged oil output to a two-year low. Alberta produced on average 3.61 million barrels per day (bpd) of crude oil in May, according to provincial data cited by Bloomberg. Output plunged by 397,000 bpd from April, and stood at the lowest level since May 202 Production at oil sands projects plummeted by 384,000 bpd, to the lowest level seen

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Oil Crude Oil Maintenance Barrel 262

Marcellus Drilling News

JULY 3, 2025

Lithium extracted from Marcellus shale wastewater (brine) has been in the news over the past week or so. Last week, we brought you the exciting news that a Boston-based company, Gradiant, is working on building a lithium production facility in an undisclosed PA location, which we were able to identify as Susquehanna County (see Integrated.

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Royalty 194

POWER Magazine

JULY 3, 2025

Nuclear microreactors developed separately by Westinghouse and Radiant are poised to become the first fueled designs tested at the Demonstration of Microreactor Experiments (DOME) facility—the world’s first dedicated microreactor test bed slated to open at Idaho National Laboratory (INL) in early 2026. The first fueled experiment is expected to begin as early as spring 2026. […] The post Westinghouse, Radiant Selected for First Fueled Nuclear Microreactor Tests at INL’s DOME Facility appea

Energy 147

Energy Energy 147

Oil & Gas 360º

JULY 7, 2025

(World Oil) – Companies hired by TotalEnergies SE to build a $20 billion gas project in northern Mozambique have started preparing to resume work on the venture, four years after it was suspended because of a militant insurgency, according to people familiar with the matter. Firms have taken preliminary steps, including deploying resources to the project site, said two of the people, who asked not to be identified because the information is confidential.

Gas 130

Gas Government Oil IT 130

Enverus

JULY 3, 2025

A massive heat dome swept across the eastern U.S. last week, driving temperatures into the triple digits and pushing the PJM Interconnection grid to its highest peak load since 2006 (Figure 1). PJM, the nation’s largest regional transmission organization, issued maximum generation and hot weather alerts for June 22-25, forecasting peak loads of 160,526 MW — well above its summer projection of 154,000 MW and nearing the 2006 all-time high of 165,563 MW.

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Maintenance Natural Gas Manufacturing Energy 130

OilPrice

JULY 7, 2025

The eight OPEC+ producers withholding supply to the market are set to complete the unwinding of their 2.2 million barrels per day (bpd) production cuts from 2023 with another supersized output hike of 550,000 bpd for September, five sources with knowledge of the alliance’s discussions told Reuters on Monday.

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Completion Barrel Oil 278

Marcellus Drilling News

JULY 2, 2025

Last November, MDN brought you the great news that MPLX (aka MarkWest Energy) would file to build an expansion at its existing Harmon Creek facility in Smith Township, Washington County, PA (see MPLX to Build New Harmon Creek III Gas Processing in PA Marcellus). MPLX plans to add a 300 MMcf/d (million cubic feet per.

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Gas Energy Energy IT 175

POWER Magazine

JULY 1, 2025

Taiwan is among several countries experiencing an energy crisis, with its supply of power struggling to keep up with demand from a rapidly growing high-tech sector. The country has long depended on imported The post Taiwan’s Tech Industry Driving Country’s Energy Demand appeared first on POWER Magazine.

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Energy Energy IT Gas 165

Oil & Gas 360º

JULY 1, 2025

(Investing) – BUENOS AIRES -A dramatic ruling by a U.S. court ordering Argentina to hand over the 51% stake it holds in state energy firm YPF has cast a shadow over the country’s plans for its huge Vaca Muerta shale formation and hopes to return to global markets. U.S. District Judge Loretta Preska said on Monday that Argentina must transfer its YPF shares within 14 days to partially satisfy an earlier $16.1 billion court judgment against the country over its 2012 nationalization of the fi

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Government Consulting IT Oil 130

Malcolm Graham Wood

JULY 1, 2025

Oil is better today into 2H 2025. Challenger and Predator have a delay in Trinidad but not a problem , PRD also update on Morocco. Tower draw down as they buy kit and Prospex had a good raise. Finally PFC have another court setback. The post Oil price, CEG, Predator, Tower, Prospex, Petrofac. appeared first on Malcy's Blog.

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Oil Energy Energy Gas 147

OilPrice

JULY 6, 2025

As countries worldwide experience more regular extreme weather events, insurers have become more reluctant to cover properties in high-risk areas. However, without insurance, it is impossible for many people to gain access to mortgage financing. We are seeing an insurance crisis in the United States, as insurers are becoming less likely to offer coverage for homes in certain areas, particularly those that have experienced natural disasters, such as flooding and wildfire, in recent years.

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Insurance Finance IT 324

Marcellus Drilling News

JULY 2, 2025

OTHER U.S. REGIONS: Industry bodies look at Texas upstream employment in May; Cuomo blew it by shutting down Indian Point Nuclear plant with no “plan B”; NATIONAL: Fracking is America’s (not so) secret weapon; Natural gas becoming preferred power method among data center operators; Senate delivers pro-energy tax reforms; One Big, Beautiful Bill remains a.

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Upstream Natural Gas Energy Energy 174

POWER Magazine

JULY 1, 2025

Chile is rapidly moving to build more power generation capacity, with much of that effort focused on renewable energy resources and battery energy storage systems (BESS). The country as part of that ambition The post Chile Focuses on Solar and Storage as Generation Capacity Expands appeared first on POWER Magazine.

Energy 130

Energy Energy 130

Oil & Gas 360º

JULY 7, 2025

(Investing) – A consortium led by ExxonMobil (NYSE: XOM ) has discovered a natural gas reservoir off the coast of Cyprus, according to a government announcement on Monday. The drilling operation found preliminary indications of a 350-meter gas-bearing reservoir at a depth of 1.9 kilometers in the Pegasus-1 well, Cypriot government spokesperson Konstantinos Letymbiotis said. “Further assessment will be required in the coming months to evaluate the results,” Letymbiotis stated

Gas 130

Gas Natural Gas Government Completion 130

Oil & Gas Magazine

JULY 7, 2025

Carlos Slim plantea priorizar producción, abrir más participación privada y elevar inversión para rescatar a Pemex de su peor crisis financiera y operativa en décadas. Petróleos Mexicanos (Pemex) enfrenta una de las crisis más severas de su historia, con una deuda financiera de 101,065 millones de dólares y adeudos a proveedores que superan los 404,000 millones de pesos.

Upstream 113

Upstream 113

OilPrice

JULY 1, 2025

Reports and rumors have intensified this year that BP is in the crosshairs of rivals, especially Shell, for a potential takeover that would be the largest deal in the oil industry since the Exxon and Mobil merger in 1999. Five years of U-turns in strategy and the abrupt departure of the architect of the ‘greener’ BP, Bernard Looney, have left investors unconvinced in the direction the UK supermajor is taking and whether it could – at some point, finally – convince shareholders and the market tha

Oil 271

Oil IT 271

Marcellus Drilling News

JULY 1, 2025

Fox Tank Company, a Texas-based provider of steel storage tanks and pressurized separation vessels for the oil and gas industry, has opened a new manufacturing facility in Coshocton County, OH, at the former site of Crozier Welding. Fox has pledged to invest $7.9 million and create 89 new jobs at the facility. Fox chose the.

Manufacturing 197

Manufacturing Gas Oil Supply Chain 197

POWER Magazine

JULY 1, 2025

As aging infrastructure meets rising demand, hydro plants are embracing modern control systems to unlock data, streamline operations, and power a more resilient, connected future. Hydro generation has been a The post Flow State: The Connected Future of Hydropower Generation appeared first on POWER Magazine.

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Control Systems Operator Instrumentation Engineering 130