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China’s Oil Giants Bet on Natural Gas as Fuel Demand Peaks

OilPrice

Chinas biggest state-held energy firms are following the demand trends in the worlds top crude oil and natural gas importer. But natural gas demand is only going up, and its expected to continue growing for decades. But natural gas demand is only going up, and its expected to continue growing for decades.

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TXOGA reports record natural gas production in Texas in 2025

Permian Basin Oil and Gas Magazine

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 Crude oil production remained steady at 5.7 billion cfd of dry natural gas – supplying 11.8 billion cfd. million b/d.

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Crude Oil Prices Rise 4% On OPEC+ News And As War In Ukraine Intensifies

Oil & Gas 360º

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Russia Targets Major Surge in Natural Gas Exports by 2050

OilPrice

Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66

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Southeast Asia Picks Gas Over Green Hype as Power Demand Surges

OilPrice

Natural gas is gradually going to overtake coal and crude oil as the biggest source of primary energy in Southeast Asia, with a share of 30% by 2050. Currently, Southeast Asia is partial to coal-powered generation thanks to abundant local resources and price considerations.

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USA Crude Oil Inventories Rise by Almost 4MM Barrels WoW

Rigzone

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.8 It showed that crude oil stocks, not including the SPR, stood at 419.0 Crude oil in the SPR stood at 402.8 Crude oil in the SPR stood at 402.8 Image by Mst Hazera Begum via iStock U.S.

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Vision 2030 Fuels Saudi Shift to Natural Gas

OilPrice

Crude burnthe direct use of crude oil in power plants and industrial facilities, primarily for electricity generationhas long been a staple in Saudi Arabias energy mix. The kingdom burns significant volumes of oil to meet domestic electricity demand, which hovers around 171 terawatt-hours (TWh).