Rextag

JUNE 10, 2025

EOG Resources has entered into a definitive agreement to acquire Encino Acquisition Partners (EAP) for $5.6 billion, including net debt, in a transaction that significantly strengthens EOG’s position in the Utica Shale. The sellers are Canada Pension Plan Investment Board (CPP Investments) and Encino Energy. The acquisition will be funded through a combination of $3.5 billion in new debt and $2.1 billion in existing cash, allowing EOG to preserve its shareholder equity.

Condensate 52

Condensate Basin Operator Sustainable 52

OilPrice

JUNE 10, 2025

Texas is pumping natural gas out of the ground and exporting it at a record pace. It may only be the start of another energy boom for the Lone Star State because natural gas demand is growing both globally and at home. Texas produced 34.1 billion cu ft daily of natural gas in March, newly released figures from the Texas Oil and Gas Association showed this week.

Natural Gas 313

Natural Gas Gas Oil IT 313

POWER Magazine

JUNE 10, 2025

Fervo Energy announced the successful drilling and logging of its Sugarloaf appraisal well, an operational achievement that the company said demonstrates the rapid advancement and scalability of enhanced geothermal systems (EGS). The well was drilled to a true vertical depth of 15,765 feet and is projected to reach a bottomhole temperature of 520F after full thermal equilibration.

Energy 147

Energy Energy Operator IT 147

OilPrice

JUNE 10, 2025

Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of America’s leading commodities expert told Bloomberg on Monday. According to Francisco Blanch, BofA’s head of commodities research, the unfolding oil price war is going to be “long and shallow”, rather than “short and steep” as the Kingdom tries to claw back lost market share, especially from U.S. shale producers.

Oil 334

Oil IT 334

POWER Magazine

JUNE 10, 2025

Agilitas Energy, a developer and operator of renewable energy and energy storage systems, announced the commissioning of a 9.96-MW/22.4-MWh battery energy storage system (BESS) in Houston, Texas. The project marks the first distributed generation BESS interconnected to CenterPoint Energy’s distribution system and participating in Electric Reliability Council of Texas (ERCOT)’s wholesale delivery market.

Energy 130

Energy Energy Operator 130

OilPrice

JUNE 10, 2025

The UK government said it would invest 14.2 billion pounds in the construction of the Sizewell C nuclear power plant as it seeks to boost energy security. The amount equals around $19.3 billion. “We need new nuclear to deliver a golden age of clean energy abundance, because that is the only way to protect family finances, take back control of our energy, and tackle the climate crisis,” energy minister Ed Miliband said in a statement, as quoted by Reuters.

Finance 130

Finance Government Energy Energy 130

BOE Report

JUNE 10, 2025

U.S. 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. EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105.9 bcfd in 2025 and 106.

Dry Gas 93

Dry Gas Natural Gas Gas Energy 93

Oil & Gas 360º

JUNE 10, 2025

(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. Troy’s passion for educating investors, his decades of experience, and Eckard Enterprises’ $110 million in cash flow distributions gave readers a compelling look at how tangible assets can fuel long-term wealth creat

Gas 200

Gas Education Oil Basin 200

OilPrice

JUNE 10, 2025

US petrochemical producers may have found themselves on the front line of global trade wars, BNEF reports, with China’s dependence on the US for feedstocks (see "Chinese Plastics Factories Face Mass Closure As US Ethane Supply Evaporates") blunting the impact of its dominations of exports of rare earth metals. China imported more than 565,000 barrels per day of petrochemical feedstocks from the US in 2024 according to the Energy Information Administration, with a value of over $4.7 billion.

Barrel 346

Barrel Energy Energy IT 346

BOE Report

JUNE 10, 2025

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary General Haitham Al Ghais said on Tuesday.

Oil 105

Oil Barrel Energy Energy 105

OilPrice

JUNE 10, 2025

As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired power plants, which they see as the key growth driver going forward, sources involved in advising on energy policy have told Bloomberg. China’s gas demand growth has weakened in recent years amid slower industrial expansion, as well as booming renewables and continued reliance on coal in the power generation sector.

Gas 157

Gas Natural Gas Drivers Energy 157

Permian Basin Oil and Gas Magazine

JUNE 10, 2025

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 in May with marketed production reaching a record 34.4 billion cfd. Crude oil production remained steady at 5.7 million b/d. Todd Staples, president, said, “With abundant natural resources, top-tier infrastructure, and an ongoing commitment to innovation and improvement, this industry reliably delivers for families, communit

Natural Gas 94

Natural Gas Gas Crude Oil Basin 94

OilPrice

JUNE 10, 2025

Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5 million barrels per day (bpd) in Q2 2025 to around 13.3 million bpd by the end of 2026, according to the U.S. Energy Information Administration’s bombshell June Short-Term Energy Outlook, signaling to an already price-weary industry that shale’s best days are in the rearview.

Crude Oil 361

Crude Oil Barrel Energy Energy 361

Enverus

JUNE 10, 2025

The following blog is distilled in part from  Enverus Intelligence® Research (EIR)  publications. After nearly a decade on the sidelines, EOG Resources has made a bold return to the M&A arena with its $5.6 billion acquisition of Encino Acquisition Partners (EAP). This landmark deal not only reshapes EOG’s portfolio but also sends ripples through the broader energy M&A landscape, signaling a shift in where, and how, operators are seeking growth.

IT 130

IT Operator Basin Exploration and Production 130

Egypt Oil & Gas

JUNE 10, 2025

The Italian energy giant Eni and Argentina’s leading energy company YPF have signed a key agreement to advance the Argentina LNG (ARGLNG) project. The agreement was signed during a meeting between Argentine President Javier Milei and Italian Prime Minister Giorgia Meloni. The agreement outlines the necessary steps to reach a final investment decision for the project’s next phase which includes developing the infrastructure for gas production, treatment, transportation, and liquefaction using flo

Natural Gas 52

Natural Gas Gas Transportation Energy 52

Offshore Engineer

JUNE 10, 2025

The latest edition of the International Energy Agency’s World Energy Investment report demonstrates how the global energy scene has changed from when the first edition…

Energy 45

Energy Energy 45

Oil & Gas Magazine

JUNE 10, 2025

El GNV se posiciona como una alternativa eficiente y sostenible para reducir la contaminación del transporte en el Valle de México y combatir las contingencias ambientales. Por: Gustavo Barrera, Responsable de Soluciones Energéticas y Movilidad de Naturgy México. El año pasado el Valle de México tuvo solamente 51 días de aire limpio, es decir solo el 14.7% de los días del año, de acuerdo con datos del Informe Semanal de Vigilancia Epidemiológica de la Calidad del Aire y Salud; lo que nos da una

Transportation 68

Transportation Gas Downstream 68

BOE Report

JUNE 10, 2025

Cheniere Energy, the largest liquefied natural gas exporter in the U.S., has applied to the Federal Energy Regulatory Commission for permission to expand its Sabine Pass plant, according to a FERC document.

Natural Gas 64

Natural Gas Operator Gas Energy 64

Oil Gas Leads

JUNE 10, 2025

New well permit activity in the Permian Basin is showing signs of a notable pullback in 2025. After several years of strong growth, early indicators point to a more cautious stance from operators heading into the second half of the year. Permian Basin Marketing Kit – Only $25 Purchase Now Includes – Permian Basin Account List, Rig Report, Wells Drilled 2025 and Well Permits 2025 Permit Totals Down 16% Year-over-Year From January to June 2025, new well permits in the Permian totaled approxi

Operator 52

Operator Basin Completion Oil 52

Oil & Gas 360º

JUNE 10, 2025

(Oil & Gas 360) – Publisher’s Note: CanCambria will present an update on the Kiskunhalas project at EnerCom Denver – The Energy Investment Conference on August 17-20, 2025. CanCambria Energy is a publicly traded exploration & production company focused on high-quality European tight-gas projects with direct access to profitable markets.

Exploration and Production 130

Exploration and Production Energy Energy Basin 130

BOE Report

JUNE 10, 2025

CALGARY – A report says new cleanup rules for renewable energy sites are hurting the competitiveness of Alberta’s industry. Business Renewables Centre-Canada analyzed the reclamation security requirements for renewables in 27 jurisdictions and found Alberta’s are now the most costly.

Energy 64

Energy Energy 64

Rigzone

JUNE 10, 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 $64.90 -0.12% Brent Crude $66.74 -0.19% Natural Gas $3.55 +0.45% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW

Gas 62

Gas Pipeline Natural Gas Oil 62

Offshore Energies UK

JUNE 10, 2025

OEG Group has landed a multi-year contract, managing offshore helifuel systems in the North Sea and providing helifuel tanks on a serviced rental basis for a major UK operator. It will also offer refuelling training at its Portlethen facility in Aberdeenshire. UK logistics manager Clive Hoskisson said: “This contract award highlights the value that we deliver for our customers as well as our ongoing commitment to safety and reliability in our equipment and service delivery.

Offshore 52

Offshore Management Operator IT 52

RBN Energy

JUNE 10, 2025

Marcellus/Utica natural gas production grew by leaps and bounds in the 2010s, but the pace of growth has slowed dramatically in recent years, mostly due to takeaway constraints. Finally, the prospects for renewed growth are improving. New pipeline capacity out of Appalachia is coming online — especially to the booming Southeast, and maybe the Gulf Coast too.

Drivers 86

Drivers Natural Gas Pipeline Gas 86

McKinsey

JUNE 10, 2025

Skip to main content From blueprint to breakthrough: How AI and automation can transform the consumer enterprise June 10, 2025 | Article New analysis helps quantify the impact of technological disruption and shows how consumer companies can turn automation’s potential into value. Let’s say a retail merchandiser starts the process of analyzing scores of sales data and making recommendations for stock adjustments.

Exploration and Production 73

Exploration and Production Manufacturing Management Supply Chain 73

Oil & Gas Magazine

JUNE 10, 2025

Cenagas lanza Consulta Pública 2025 para detectar demanda, infraestructura y promover justicia energética en regiones marginadas del país. Estará abierta hasta el 11 de julio. El Centro Nacional de Control del Gas Natural (Cenagas) lanzó la Consulta Pública 2025 , un ejercicio anual que busca fortalecer la planeación estratégica del gas natural en México y promover la justicia energética como eje rector del desarrollo regional.

Gas 70

Gas Transportation Midstream 70

RBN Energy

JUNE 10, 2025

It seems almost nothing is going to stop Western Canada’s crude oil production growth. But getting those incremental barrels to refiners and exporters will require more pipeline takeaway capacity, including expansions to Enbridge’s Mainline and Express systems, which should keep barrels flowing to key markets in the U.S. and avoid a capacity crunch.

Pipeline 67

Pipeline Crude Oil Oil Barrel 67

Oil & Gas Magazine

JUNE 10, 2025

El gobierno revisa la tarifa del gas LP tras amenazas de paro del sector, buscando equilibrio entre viabilidad financiera de distribuidores y protección al consumidor. Ante la amenaza de paro nacional por parte de distribuidoras y plantas de suministro, el Gobierno de México, a través de la Secretaría de Energía (Sener), ha iniciado un análisis técnico para ajustar la metodología de precios del gas LP , con el objetivo de garantizar la estabilidad del sector y proteger la economía familiar.

Gas 67

Gas Downstream 67

BOE Report

JUNE 10, 2025

Power-hungry data centers that provide computing power for artificial intelligence and crypto currency will push U.S. electricity consumption to record highs in 2025 and 2026, the U.S. Energy Information Administration said in its Short Term Energy Outlook (STEO) on Tuesday.

Energy 59

Energy Energy IT 59

Marcellus Drilling News

JUNE 10, 2025

The MVP (Mountain Valley Pipeline) Southgate project won a major decision in the U.S. Court of Appeals for the District of Columbia (DC Circuit), affirming a decision made by the Federal Energy Regulatory Commission (FERC) to allow an extra three years to build the project. Southgate is an extension of MVP from its current termination.

Pipeline 160

Pipeline Energy Energy IT 160

OilPrice

JUNE 10, 2025

Russian President Vladimir Putin has extended a ban on the sale of Russian oil and petroleum products to buyers that comply with the Western-imposed price cap, pushing the restriction through the end of 2025. The decree, which first took effect in February 2023, prohibits Russian producers from exporting oil to foreign entities or individuals whose contracts include the $60 per barrel price ceiling set by the so-called Price Cap Coalition—primarily the G7 and EU nations.

Oil 157

Oil Petroleum Barrel 157

Permian Basin Oil and Gas Magazine

JUNE 10, 2025

Houston-based Northwind Midstream Partners said recently it received approval from New Mexico Oil Conservation Commission for an additional acid gas injection (AGI) and carbon sequestration well at its Titan treating complex in Lea County, N.M. It will be Northwind’s third AGI well to increase the company’s total permitted daily injection capacity to about 37 million standard cfd of total acid gas when completed in 2026.

Midstream 52

Midstream Basin Natural Gas Gas 52

Marcellus Drilling News

JUNE 10, 2025

The Iroquois Gas Transmission’s Enhancement by Compression (ExC) project will increase horsepower at three compression stations — two in New York and one in Connecticut — by an extra 125 MMcf/d, to flow more Marcellus/Utica gas into New York City and New England. The two NY compressor expansions include one in Dover and one in.

Gas 154

Gas Pipeline Energy Energy 154

Malcolm Graham Wood

JUNE 10, 2025

Oil continues to rise gently as US/Sino talks continue.Today Pharos announces that it has received an extension to its block 125/126 in Vietnam and Tower hires a rig for Thali. Yesterday Prospex announced that the workover rig at Viura was repairing the damaged completion tubing. The post Oil price, Pharos, Tower, Prospex. appeared first on Malcy's Blog.

Workover 195

Workover Oil Completion IT 195

Oil & Gas 360º

JUNE 10, 2025

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources. The Railroad Commission of Texas, the energy regulator of the top U.S. oil-producing state, has new guidelines – effective June 1 – for permits for disposal of wastewater, or “produced water”,

Disposal Well 130

Disposal Well Oil E&P Basin 130

BOE Report

JUNE 10, 2025

CALGARY – The secretary-general of the Organization of Petroleum Exporting Countries says there’s no peak in oil demand on the horizon. Haitham al-Ghais made his remarks in a speech to the Global Energy Show in Calgary.

Petroleum 75

Petroleum Oil Energy Energy 75

Rigzone

JUNE 10, 2025

'This significant engineering and off-site progress now positions CP2 as one of the most advanced LNG export projects under development in the United States'.

Engineer 75

Engineer Engineering 75