OilPrice
JUNE 18, 2025
Argentina's Vaca Muerta shale play posted significant first-quarter gains in 2025, building on last year's strong performance, with oil output surging 26% and gas production rising 16% year-on-year, according to Rystad Energy estimates. This growth is shifting Argentina away from its historical dependence on gas imports, pushing the nation closer to energy self-sufficiency.
POWER Magazine
JUNE 18, 2025
Small modular reactor (SMR) technology developer NuScale Power has unveiled research programs that could advance an energy system that integrates its nuclear technology to produce desalinated water and hydrogen, while reusing brine waste as an industrial feedstock. The research, developed in partnership with the U.S. Department of Energy’s (DOE’s) Pacific Northwest National Laboratory (PNNL) and […] The post NuScale Advances SMR-Powered Desalination and Hydrogen Production with Integrated
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OilPrice
JUNE 18, 2025
Canada could produce its first-ever liquefied natural gas (LNG) for export from the Pacific coast as early as this weekend, according to industry sources familiar with project timelines cited by Reuters. LNG Canada, a massive $40-billion project in Kitimat, British Columbia, is completing cooldown operations on Train 1, which are scheduled from June 16 to 19.
American Gas Association
JUNE 18, 2025
AGA Newsroom True Blue Blog Where energy conversations come to life. The Pipeline and Hazardous Materials Safety Administration (PHMSA) is one of the most important government agencies that many Americans have never heard of. PHMSA oversees the safe operation of our nation’s pipeline system, as well as approximately a million daily shipments of hazardous materials.
OilPrice
JUNE 18, 2025
For years, Russian gas was seen as the bedrock of Europe’s industrial competitiveness, reliable, abundant, and above all, cheap. But as Europe transitions away from Russian energy, the true cost of that dependency is finally coming into view. This article reconsiders the myth of cheap Russian gas, showing that beyond the apparent price advantage, the continent paid a high price in terms of strategic exposure, political leverage, and security risks.
Marcellus Drilling News
JUNE 18, 2025
Cayuga Station, owned by Duke Energy, is a three-unit coal-fired power plant built between 1970 and 1993 in Vermillion County, Indiana. The existing plant produces as much as 1,040 megawatts (MW) of electricity. Duke recently filed a request with the Indiana Utility Regulatory Commission (IURC) for permission to build two new gas-fired plants at the.
OilPrice
JUNE 18, 2025
The European Union countries planning to expand their nuclear power capacities will need as much as $277 billion (241 billion euros) in investments by 2050, according to Brussels’ estimates. That’s only the investment needed for the conventional large-scale nuclear reactors currently in the plans of nearly half of the EU member states. The sum doesn’t include investment in Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs), or microreactors, or investment in nuclear fusion efforts.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
OilPrice
JUNE 18, 2025
The Strait of Hormuz may be one of the most strategically sensitive energy corridors in the world, but the oil market isn’t blinking, yet, with Eni CEO Claudio Descalzi predicting Iran will not be able to afford this option. Brent’s muted response at around $77 per barrel on Wednesday, signals that traders see the odds of an actual closure as remote, despite intensifying hostilities between Iran and Israel.
Marcellus Drilling News
JUNE 18, 2025
Permitting reform—shortening the amount of time and eliminating some of the onerous regulations that stand in the way of permitting new energy projects—has been a hot topic for at least the last three years, if not longer. Before leaving the Senate last year, West Virginia’s then-Senator, Joe Manchin, tried to get a bill passed to.
OilPrice
JUNE 18, 2025
Geopolitics could move Brent crude higher by around $10 per barrel, Goldman Sachs has estimated, from a starting point in the mid-$70s. However, the bank admitted oil could top $90 in case of Iranian supply disruption. Goldman’s analysts pointed to the disruption of oil flows via the Bab el-Mandeb Strait by the Yemeni Houthis’ attacks on vessels as an example of the fragility of Middle Eastern oil export security.
Marcellus Drilling News
JUNE 18, 2025
A month ago, NRG Energy announced a deal to acquire LS Power’s portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that will expand NRG’s footprint in Texas and along the East Coast (see NRG Buys 18 Gas-Fired Power Plants, Including 5 in PA, for $12B). NRG said the.
OilPrice
JUNE 18, 2025
Crude oil inventories in the United States fell by 11.5 million barrels during the week ending June 13, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The drop brings commercial stockpiles to 420.9 million barrels, roughly 10% below the five-year average for this time of year. Crude prices were mixed ahead of the report amid broader macro signals.
Oilholics Synonymous Report
JUNE 18, 2025
Formal proceedings got underway at the Abu Dhabi Infrastructure Summit on Tuesday. The inaugural edition of the event combined a conference and exhibition featuring keynotes, panels and roundtables spread over two days. Maysarah Mahmoud Salim Eid, Director General of Abu Dhabi Projects and Infrastructure Centre (ADPIC) - the mandated agency that manages government capital projects in the Emirate, alongside overseeing infrastructure project implementation and delivery - kick things off with a key
OilPrice
JUNE 18, 2025
Woodside Energy, Australia’s top independent oil and gas producer, has signed a preliminary long-term deal to supply Malaysia’s state giant Petronas with LNG from its global portfolio, including from the planned Louisiana LNG project in the United States. Woodside Energy and Petronas have signed a non-binding Heads of Agreement (HOA) for the supply of 1 million tons per annum of LNG to Malaysia from 2028 for a period of 15 years, the Australian firm said on Wednesday.
BOE Report
JUNE 18, 2025
Canada could produce its first ever liquefied natural gas this weekend, from the LNG Canada export facility in Kitimat, British Columbia, two people familiar with the startup of the plant told Reuters on Wednesday.
OilPrice
JUNE 18, 2025
Battery makers in America have started to feel the pinch from China’s ban of exports of the critical mineral antimony, to the point of seeing the shortage as a national emergency. Last summer, China, which supplies more than half of the world’s antimony product, introduced export restrictions of the critical mineral. In December 2024, Beijing banned all antimony exports to the United States in response to U.S. chip technology restrictions on China.
Oil & Gas 360º
JUNE 18, 2025
(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Mr. Paul Goodfellow, the Company’s President and Chief Executive Officer, will provide additional details about the Company’s strategy during a conference call scheduled today, Tuesd
OilPrice
JUNE 18, 2025
King Charles III’s property firm is to invest up to £400m of fresh capital into the UK’s offshore wind supply chain, it has been announced. The Crown Estate has earmarked £350m for investment into the construction of a new port and supply chain infrastructure it said would support “accelerated delivery of UK offshore wind projects.” The other £50m will support “early-stage project development,” delivered via a succession of funding rounds.
Marcellus Drilling News
JUNE 18, 2025
Marcellus/Utica molecules may be heading to Malaysia. Commonwealth LNG yesterday identified PETRONAS LNG Ltd., a subsidiary of Malaysia’s national oil and gas company, as the major Asian energy company referenced in the company’s May 5 announcement of a buyer to purchase 1 million tonnes per annum (MTPA) of LNG for 20 years from Commonwealth’s 9.5.
OilPrice
JUNE 18, 2025
Oil demand is set to plateau rather than drop off a cliff after it peaks, the International Energy Agency (IEA) predicted this week, citing “policy settings and market trends.” But here’s the thing about policy settings and market trends: they change. That oil demand is set to peak before 2030 has been repeated ad nauseam by various forecasters, including, notably, Chinese energy majors Sinopec and CNPC.
Enverus
JUNE 18, 2025
Big Tech is on the hunt for energy sources to meet the growing demand for clean, reliable power for artificial intelligence-driven data centers. Developers are eyeing nuclear energy, natural gas with CCS, and recently, geothermal. META recently inked a deal with XGS Energy, an advanced geothermal startup, for 150 MW of geothermal power to fuel its expanding New Mexico data centers.
OilPrice
JUNE 18, 2025
The Dangote oil refinery in Nigeria, Africa’s largest crude processing facility, is set to ship its first gasoline cargo out of the African region with a vessel heading for Asia, a source with knowledge of the plans told Reuters on Wednesday. The cargo of 90,000 metric tons of gasoline is set to be loaded by independent oil trader Mercuria this coming weekend, according to the source.
Malcolm Graham Wood
JUNE 18, 2025
Oil rallied on the USIran situation, Kistos looks in good nick at Balder and Petro Matad have 70% of their money from PetroChina. The post Oil price, Kistos, Petro Matad, Sound, Chariot. appeared first on Malcy's Blog.
OilPrice
JUNE 18, 2025
Shell is being “very careful” with its tanker movements in the Middle East amid the hostilities between Israel and Iran, Reuters reported today, citing chief executive Wael Sawan. “The escalation in tensions over the last few days, in essence, has added to what has already been significant uncertainty in the region,” Sawan told an industry conference in Japan.
Enverus
JUNE 18, 2025
CALGARY, Alberta (June 18, 2025) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released a report that analyzes how rising capital costs and supply chain delays have affected natural gas-fired power projects under the Texas Energy Fund (TEF).
OilPrice
JUNE 18, 2025
Norwegian state-owned utility Statkraft announced plans on Wednesday to slash annual costs by 2.9 billion NOK ($292 million) by 2027, warning that staff layoffs may follow in the second half of the year. The move comes amid mounting cost pressures across Europe’s power sector and reflects deeper financial strain among major renewable-focused utilities.
Oil & Gas 360º
JUNE 18, 2025
(Investing) – Citi analysts said Wednesday that oil prices may continue to benefit from elevated geopolitical risk premiums in the near term, but they warned that oversupply risks in 2026 could limit further upside. In a new research note examining the offshore drilling sector, Citi outlines its base case assumptions and market outlook for dayrates and oil pricing fundamentals.
OilPrice
JUNE 18, 2025
Tokyo Gas, the biggest city gas supplier in Japan, doesn’t import LNG from Middle Eastern exporters so its supply of the super-chilled fuel is not being directly impacted by the Israel-Iran conflict, a top executive said on Wednesday. Japan is the world’s second-biggest LNG importer after China.
True Natural Gas
JUNE 18, 2025
When you flip a light switch or power up your laptop, you’re tapping into a massive network of energy production—and there’s a good chance natural gas played a part. In fact, natural gas is one of the leading sources of electricity in the United States. But how exactly does it work in power plants, and why is it such a crucial piece of our national energy puzzle?
OilPrice
JUNE 18, 2025
Via Metal Miner The Aluminum Monthly Metals Index (MMI) moved sideways as the global price of aluminum ticked modestly higher. Overall, the index rose 0.73% from May to June. Track other MetalMiner monthly indexes here, and compare how the overall industrial metal market is performing. Aluminum Midwest Premium Finds A Peak The Midwest Premium found a peak in mid-June.
EnergyTrend
JUNE 18, 2025
RMB 7.974 Billion! China’s Ministry of Finance Pre-Allocates Renewable Energy Subsidies to Local Grids OnJune16,China’sMinistryofFinanceissuedthe“NoticeonAllocatingthe2025RenewableEnergyTariffSurchargeSubsidyBudgettoLocalGovernments,”announcingthedisbur.
OilPrice
JUNE 18, 2025
Iran has hiked its daily oil exports by 44% since the first Israeli attack on the Islamic Republic on Friday, as Tehran appears to aim to ship out as much crude as possible amid escalating hostilities. Since June 13, the start of the Israeli offensive against Iranian nuclear sites and military leadership, Iran has exported on average 2.33 million barrels per day (bpd), according to data from vessel-tracking firm TankerTrackers.com cited by Bloomberg.
Rigzone
JUNE 18, 2025
The EIB committed EUR 1.6 billion in loans for a subsea project that would increase the power exchange capacity between Spain and France from 2,800 MW to 5,000 MW.
OilPrice
JUNE 18, 2025
Iron ore, widely seen as a real-time barometer of China's economic pulse, is flashing fresh warning signs. Prices slid for a fourth straight session in Singapore, dropping below $93 a ton and hitting their lowest level in nine months. China, the world's largest consumer of iron ore, imports more than 70% of globally traded volumes. That gives iron ore prices an outsized role as a proxy for Chinese economic momentum, and the latest trade data suggests the world's second-largest economy is still s
Oil & Gas 360º
JUNE 18, 2025
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EnergyTrend
JUNE 18, 2025
Polysilicon Weekly Report: Output Forecast Revised Up, Prices Drop Again (June 18, 2025) FollowingthePVexhibition,polysiliconcontractsigningshaveremainedlimited,andpriceshavedeclinedonceagain.Specifically,leadingmanufacturersarefindingitne.
Oil & Gas 360º
JUNE 18, 2025
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, Acquisitions & Divestitures Bankruptcy Return of Capital Earnings Capital Markets ESG/Corporate Responsibility Commodities Economy Energy Transiti
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