OilPrice

JULY 19, 2025

With much of the world’s attention focused on wind turbines, solar panels, and electric vehicles, natural gas has grown in importance as the backbone of modern energy systems. It fuels power plants, heats homes, drives industry, and—through liquefied natural gas (LNG)—connects continents. The newly released 2025 Statistical Review of World Energy highlights just how indispensable natural gas has become, despite mounting pressure to decarbonize.

Natural Gas

POWER Magazine

JULY 19, 2025

A leading developer of North American power and energy infrastructure projects said it has an agreement to acquire several U.S. onshore wind farms from a UK-based energy group. LS Power and bp Wind Energy North America announced the deal on July 18. LS Power said the deal comprises about 1,700 MW of operating onshore wind […] The post LS Power Acquiring bp’s U.S.

Energy

OilPrice

JULY 19, 2025

The United Nations Development Programme (UNDP) and the Government of Norway launched a $200 million initiative in July, aimed at transforming Ukraine’s war-damaged energy sector and supporting the development of the country’s renewable energy capacity. The new initiative will focus on both immediate crisis response and long-term modernisation in line with national priorities.

Energy

RBN Energy

JULY 19, 2025

The Rockies Express Pipeline (REX) has been transformative. Originally built as a west-to-east pipeline, its main job was to give Rockies natural gas a way to reach premium markets in the Midwest and the Northeast. But by the time it was constructed, surging production in the Marcellus and Utica shales had overwhelmed the need for Rockies gas in the East, and REX evolved to become a major outlet for Appalachian gas to the Midcontinent.

Pipeline

OilPrice

JULY 19, 2025

Upstream merger and acquisition (M&A) activity experienced a sharp downturn in early 2025, with global deal value plunging 39% from the fourth quarter of 2024 to just $28 billion in the first quarter of 2025 – less than half the $66 billion recorded in the same period a year earlier. Although activity has picked up in Africa, Asia, and the Middle East, it is not enough to make up for North America’s dominant market share, which stood at 71% of the deal value in the first quarter of this year.

Upstream

DIC Oil Tools

JULY 19, 2025

To access valuable underground resources, such as oil, gas, & minerals, the drilling industry relies on the crucial role of drill pipe. Whether you’re entering the industry or simply interested, this guide covers the fundamentals of drill pipe, its purpose, function, and significance. What is a Drill Pipe? A drill pipe is a sturdy, hollow steel tube designed for use in oil and gas well drilling.

Drilling rig

OilPrice

JULY 19, 2025

“There is no peak in oil demand on the horizon,” the head of OPEC, Haitham al Ghais, said last month in Canada. Demand will continue to increase as global population grows, he added. And OPEC will be there to respond with what supply is necessary. OPEC is now playing the long game. Fast-forward a month and Reuters is reporting on “signs of strong demand more than offset the impact of a higher-than-expected OPEC+ output hike for August”, not to mention now chronic worry about Trump’s tariffs.

Oil

OilPrice

JULY 19, 2025

The world is going to need a whole lot of lithium to power a more sustainable future. The critical mineral is an essential ingredient in a wide range of clean energy technologies and is particularly essential in batteries for electric vehicles and energy storage–two rapidly expanding global sectors. But there are a lot of problems associated with extracting and sourcing lithium, from environmental degradation and public health hazards to market uncertainty and heightened geopolitical vulnerabili

Sustainable