Sat.Apr 05, 2025

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Sustainable Aviation Fuel Faces Funding Challenge

OilPrice

There is an increasing demand for sustainable aviation fuel (SAF) as airlines worldwide strive to decarbonize operations. Aviation is a hard-to-abate industry, meaning that it is difficult to reduce the greenhouse gas emissions associated with aviation activities. However, airlines around the globe are increasingly incorporating SAF into their fuel mixes to reduce emissions, with many planning to significantly increase the use of SAF in the coming decades.

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Saskatchewan Indigenous leaders urging need for access to natural gas

BOE Report

Families having to choose between buying groceries or heating their homes ByCody Ciona and Deborah Jaremko Indigenous communities across Canada need access to natural gas to reduce energy poverty, says anew reportby Energy for a Secure Future (ESF). Its a serious issue that needs to be addressed, say Indigenous community and business leaders in Saskatchewan.

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Europe Seeks New Measures to Boost Semiconductor Industry

OilPrice

The European Union (EU) introduced its first Chips Act in September 2023 to establish a framework for strengthening the semiconductor ecosystem in the region. Member states have increasingly been calling on the EU to strengthen the regulation to advance the regions semiconductor production. The European Chips Act was established to bolster Europes competitiveness and resilience in semiconductor technologies and applications and help achieve both the digital and green transition.

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OPEC+ panel meeting seen making no policy changes after surprise output hike

BOE Report

A meeting of top OPEC+ ministers on Saturday is expected to make no new changes to oil ouptut policy, two delegates told Reuters, after the group’s surprise decision this week to raise output further helped send prices crashing to pandemic-level lows.

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Integrated Supermajors Led Energy Sector Gains in First Quarter

OilPrice

The first quarter of 2025 ended on a challenging note for the financial markets, as the S&P 500 posted a 4.6% declineits first quarterly loss since Q3 2023. The Dow and Nasdaq also declined in Q1. Macroeconomic and geopolitical factors weighed heavily on investor sentiment, leading to widespread equity sell-offs and significant sector rotations. While many sectors faced headwinds, energy stocks emerged as a rare bright spot, delivering resilient performance and reinforcing their reputation as a

Energy 179
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Visit by US Delegation "chance to Deepen Ties with Baghdad"

Iraq Business News: Oil & Gas

By Farhad Alaaldin for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A visit by a US delegation to Iraq next week is a chance to deepen ties with Baghdad With the accelerating pace of Iraq's economic revival and comprehensive development - especially in the energy sector - the opportunities for major American companies to play a significant role in shaping this transformation are greater than ever.

Energy 85
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Egypt Gas Strengthens Regional Presence in 2024, Plans 15% Annual Growth

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements across Egypt. Egypt Gas Company has a clear footprint and an important role in implementing the six pillars of the ministry’s current strategy, said Badawi.

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The new hydrogen-powered Hyundai Nexo manages over 435 miles of range

Energy Central

Nexo

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Devon Energy Eagle Ford February 2025 investor presentation

Oil Gas Leads

Devon Energy holds 90,000 net acres in the Eagle Ford and produced 75 MBOED in Q4 2024, making up 11% of its total production. The company is taking full operatorship of the Blackhawk Field in April 2025 to improve returns and lower well costs, especially in DeWitt County. For 2025, Devon plans to reduce its rig count from 4 to 2 and spend $0.5 billion on capital in the region.

Energy 52
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Partners hail success of hydrogen helicopter first flight

Energy Central

UB replaced the R44’s piston engine with a hydrogen fuel cell powertrain and Magnix electric motor, a configuration that also includes a small battery pack to manage transient power demands. During the flight, around 90% of the energy required was provided by the two fuel cell stacks. Partners hail success of hydrogen helicopter first flight Hydrogen Aviation.

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Texas Oil Company Directory

Oil Gas Leads

The Texas Oil Company Directory is a compiled directory of oil & gas companies operating in TX, one of the most prolific oil and gas-producing regions in the world. Purchase Complete Directory Only $10.00 Purchase Now Bonus Market Intel When you purchase this list you will receive the most recent drilling rig, new well permits and wells drilled YTD reports for Texas, This is a $30 oil & gas market intel bundle you receive at no extra cost.

Oil 52
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Iran, Iraq trade Accusations as US forces stop 'Iranian Tankers'

Iraq Business News: Oil & Gas

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran, Iraq trade accusations as US naval forces stop 'Iranian tankers' In a rare intervention, Iraq's oil minister has accused Iran of using forged Iraqi documentation for tankers intercepted by US forces. Tehran has strongly denied the claim.

Oil 45
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Karnes County, TX: A Closer Look at Drilling & Permitting Trends in 2024/2025

Oil Gas Leads

Karnes County continues to be a key player in the Eagle Ford Shale, with 2024 and early 2025 activity highlighting both steady drilling operations and new infrastructure development. Drilling Activity Overview In 20242025, ConocoPhillips Company has led the way with 154 wells drilled, far outpacing other operators. Devon Energy and EOG Resources followed with 45 and 25 wells respectively, showing strong, targeted development strategies.

Basin 52
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Trump Tariffs Threaten UK Economic Stability

OilPrice

The US president holds up a sandwich board in the Rose Garden. On it is a list of countries. Next to each country are two columns: one for tariffs charged to the USA and one for USA Discounted Reciprocal Tariffs. The leader of the free world is cooking up a storm. Our country has been looted, pillaged, raped, plundered, the most powerful man in the planet tells billions of people in Asia, Africa and Europe.

IT 267
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Can Iraq's Gas Projects Survive Trump's Iran Crackdown?

Iraq Business News: Oil & Gas

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq's Gas Projects Survive Trump's Iran Crackdown? With US waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associated gas fields. Click here to read the full report.

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Taiwan Invested $165 Billion. Trump Hit Back With Tariffs.

OilPrice

Taiwan may have thought that it had bought its way out of hefty U.S. tariffs with last months announcement of a $100-billion investment in chip factories in the United States. Oh, was Taiwan wrong. As President Donald Trumps tariff plan dropped on Wednesday, Taiwan and the world and markets realized the actual tariffs are higher than feared. Taiwan was slapped with a 32% tariff, which the government described as highly unreasonable, unfair, and deeply regrettable.