OilPrice
JUNE 30, 2025
U.S. crude oil production surged to an all-time high of 13.24 million barrels per day (bpd) in April, according to newly released data from the Energy Information Administration. The increase of 0.4% over March volumes reinforces America’s standing as the world’s top oil producer and follows months of steady gains driven by improved drilling efficiencies and stronger prices.
Marcellus Drilling News
JUNE 30, 2025
A new poll of registered Massachusetts voters shows they are fed up with the liberal policies of the Democrats running the state when it comes to the sky-high cost of energy. Natural gas prices have increased 93 percent over the last decade, while electricity costs have risen 65 percent. For many families, energy bills now.
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OilPrice
JUNE 30, 2025
Pakistan Oilfields Limited (POL) and Oil and Gas Development Company Limited (OGDCL) have announced the successful completion of hydrocarbon production testing at the Makori Deep-03 Development Well in the TAL Block in Khyber Pakhtunkhwa. Drilling operations reached a final depth of 3,887 meters and yielded 2,112 barrels per day of condensate and 22.08 million standard cubic feet of gas per day (MMSCFD), according to a filing by POL.
Marcellus Drilling News
JUNE 30, 2025
Federal Energy Regulatory Commission (FERC) Chairman Mark Christie says grid operators, including those along the East Coast (PJM and ISO-NE), dodged a blackout bullet last week (our words, his sentiment). Christie warned that we are not building new power generation fast enough, and blackouts are on the horizon. With respect to the extreme heat last.
OilPrice
JUNE 30, 2025
Equinor has made an oil discovery near Johan Castberg, which could boost reserves at the giant field in the Arctic Barents Sea. Equinor, whose Johan Castberg field has recently reached peak production, has struck oil in exploration well Drivis Tubåen, the Norwegian energy major said on Monday. The well was drilled on the Johan Castberg field and the size of the discovery is estimated at 9-15 million barrels of oil, according to preliminary evaluations.
Marcellus Drilling News
JUNE 30, 2025
Range Resources filed an official notice that it intends to drill two new wells on two existing well pads in Cecil Township (one on each pad). You may recall that last November, three of five supervisors in Cecil Township (Washington County), PA, voted to ban all new drilling and fracking via a new setback (distance.
OilPrice
JUNE 30, 2025
China is increasingly integrating artificial intelligence into its energy system to increase the sector’s efficiency and enhance national energy security. From managing energy storage to more accurately forecasting energy supply and demand, large language models can make the whole sector smarter, by streamlining energy systems and minimizing waste. As early as 2020, the Chinese state-owned natural gas giant Gas Holdings Ltd. was using artificial intelligence to more accurately predict complex a
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OilPrice
JUNE 30, 2025
Rising demand for natural gas in the United States and a supportive administration are prompting U.S. natural gas producers and pipeline giants to begin to actively consider proposing new pipelines to bring more gas supply from America’s top gas-producing region, Appalachia, to consumers. “We are actively evaluating opportunities to expand infrastructure,” Amy Rogers, a spokeswoman for one of the top U.S. natural gas producers, EQT, told Reuters.
EnergyTrend
JUNE 30, 2025
900MW/1800MWh! German and Swiss Giants Join Forces to Build Germany’s Largest Energy Storage Project GermanyPlansWaltropBatteryParkProject:900MW/1800MWhJointDevelopmentbyThreeParties,ConstructiontoStartin2026andOperationSetfor2028.Aprojectpoisedtobeco.
OilPrice
JUNE 30, 2025
Hedge funds last week sold off stocks of energy companies at the quickest pace in 10 months as oil prices slumped following the announcement of a ceasefire in the 12-day Iran-Israel war. The selling was seen across the board in energy stocks in every region, Goldman Sachs analysts wrote in a note to clients carried by Reuters. Last week’s selloff was at the fastest pace since September 2024 and at the second-fastest pace in ten years, according to the U.S. investment bank.
Marcellus Drilling News
JUNE 30, 2025
It’s bloody. It’s brutal. Last week, for the ninth consecutive week, the Baker Hughes U.S. rig count declined (by seven rigs) to its lowest level since October 2021, ending the week at 547 active rigs. The national rig count continues in a free fall. For the fifth week in a row, the Marcellus/Utica count remained.
OilPrice
JUNE 30, 2025
African countries have recently started making more and more headlines with their plans to develop local oil and gas reserves despite strong opposition from foreign environmentalist organisations and international lenders. The latest to join the oil and gas club is Sierra Leone. And it has big plans for its hydrocarbons. The small Western African state earlier this month concluded a round of seismic research that it now hopes would lure international oil majors in, after several discoveries that
BOE Report
JUNE 30, 2025
KITIMAT, BC, June 30, 2025 /CNW/ – LNG Canada has successfully loaded a first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.
OilPrice
JUNE 30, 2025
The first cargo of liquefied natural gas has left Canada’s only export facility, LNG Canada, operator Shell said, adding the main market for its Canadian LNG will be Asia. Backed by Shell, Petronas, PetroChina, Mitsubishi, and Kogas, LNG Canada, in Kitimat, British Columbia, will eventually ramp up to 14 million tonnes per annum. That capacity is expected to redirect a portion of Canadian gas exports—currently flowing almost entirely to the U.S.
BOE Report
JUNE 30, 2025
CALGARY, AB, June 30, 2025 /CNW/ — Shell Canada Energy, an affiliate of Shell plc (“Shell”), announced that the first cargo of liquefied natural gas (LNG) has left the LNG Canada facility on the west coast of Canada. At 40%, Shell has the largest working interest in the LNG Canada joint venture.
OilPrice
JUNE 30, 2025
Russia’s government is weighing the possibility of some tax relief for the giant gas firm Gazprom, which would be paid for by potentially higher taxes on other Russian natural gas producers, a source in the Russian government told Reuters on Monday. Gazprom has been bleeding cash since it cut off most of its pipeline gas deliveries to Europe in the wake of the Russian invasion of Ukraine.
Marcellus Drilling News
JUNE 30, 2025
How much longer will gullible Americans continue to believe the FICTION that somehow solar and wind are taking over electricity generation and displacing natural gas and other fossil energy sources? How much longer before we DEMAND that crooked mainstream media come clean and tell the truth? The U.S. Energy Information Administration (EIA) reports that electricity.
OilPrice
JUNE 30, 2025
Spain’s national grid operator Redeia will plan for a record-high investments in its next strategic plan, chair Beatriz Corredor said on Monday as the blame game over who is responsible for the massive blackout in April continues. “The company's next strategic plan will involve the execution of an unprecedented volume of investments,” Reuters quoted Corredor as saying on Monday.
Rigzone
JUNE 30, 2025
Equinor and its partners agreed on a NOK-13 billion investment to proceed with the third phase of Johan Sverdrup to increase recoverable volumes from the North Sea field by 40-50 million boe.
OilPrice
JUNE 30, 2025
An oil tanker has suffered an explosion off Libya’s coast, without causing any injuries or pollution, the vessel operator said on Monday, adding that the cause of the explosion is not clear yet. The ship that carried about 1 million barrels of crude oil sustained a blast on June 27, a spokesperson for operator TMS Tankers told Reuters on Monday. The tanker had left the Libyan port of Zuetina and was en route to Gibraltar when an explosion occurred in the engine room.
Rigzone
JUNE 30, 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 $65.73 +0.32% Brent Crude $68.05 +0.41% Natural Gas $3.64 -2.65% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
OilPrice
JUNE 30, 2025
Last week the Energy Institute (EI) released the 2025 Statistical Review of World Energy, which was published previously for more than 70 years by BP. The full report and all data can be found at this link. The Statistical Review is instrumental in providing comprehensive data on global oil, gas, and coal production and consumption, as well as on carbon dioxide emissions and renewable energy statistics.
BOE Report
JUNE 30, 2025
A tanker that is set to carry Canada’s first cargoes of liquefied natural gas across the Pacific to Asian markets is docked at LNG Canada’s berth in Kitimat, B.C. A spokesperson for the project says the GasLog Glasgow is being loaded with LNG produced in B.C.
OilPrice
JUNE 30, 2025
U.S. gas prices have dropped to their lowest Independence Day level in four years, with the national average now at $3.14 per gallon, according to GasBuddy. The dip is driven by a retreat in Middle East tensions and consistent supply from both U.S. shale producers and OPEC+ exporters. Brent crude futures have fallen steadily over the past two weeks, dropping from over $75 per barrel to just under $68 as of Monday.
BOE Report
JUNE 30, 2025
U.S. natural gas futures fell more than 6% on Monday, pressured by mild weather that kept heating and cooling demand subdued, allowing for larger-than-usual storage injections. The front-month gas futures for August delivery on the New York Mercantile Exchange (NYMEX) were down 25.3 cents, or 6.8% to $3.
OilPrice
JUNE 30, 2025
Poland’s refiner Orlen is ending ties with Russian oil as a long-term contract with Rosneft expires on June 30, in a move to boost energy security in the entire central European region, the Polish company said on Monday. The contract with Rosneft, which ended on June 30, 2025, was the final agreement linking Orlen to Russian crude. This contract covered deliveries to Orlen’s refinery in Litvinov in the Czech Republic.
Rigzone
JUNE 30, 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 $65.00 -0.79% Brent Crude $67.67 -0.15% Natural Gas $3.43 -8.34% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
OilPrice
JUNE 30, 2025
An abundance of high-quality iron ore and the recent discovery of a 55 billion metric ton reserve have pushed Western Australia into the top spot as the world’s leading iron ore supplier. Now, many are wondering what effects this might have on the country’s export markets as well as global iron ore prices. Iron Ore Prices: A $6 Trillion Discovery The newly identified reserve in the Hamersley region is valued at around US $6 trillion and has significantly shaken up the global sector.
American Gas Association
JUNE 30, 2025
AGA Newsroom True Blue Blog Where energy conversations come to life. The United States Air Force (USAF) is the largest air force on the planet today. It’s followed by the world’s second largest air force (the United States Navy), the Russian Air Force, and the fourth largest air force: The United States Army Aviation Branch. It consumes vast quantities of advanced fuels.
OilPrice
JUNE 30, 2025
Turkmenistan has attracted lots of diplomatic attention this week from both the United States and Russia. The flurry of activity suggests geopolitical jostling is intensifying over the Central Asian state, apparently catalyzed by the recent Iranian-Israeli conflict. Turkmen Foreign Minister Rashid Meredov capped a hectic week with a June 26 phone call with Iranian Foreign Minister Abbas Araghchi, the Trend news agency reported, adding that the topic of Iran’s clash with Israel came up during th
Rigzone
JUNE 30, 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 $65.00 -0.79% Brent Crude $67.67 -0.15% Natural Gas $3.43 -8.34% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
OilPrice
JUNE 30, 2025
The City minister has reaffirmed the government’s ambition for a green transition across the financial services sector, despite the industry pivoting on climate priorities. Speaking at City Week on Monday, Emma Reynolds said: “The UK has a world leading financial and related professional services ecosystem and the research that is needed to integrate sustainable finance.
Marcellus Drilling News
JUNE 30, 2025
MARCELLUS/UTICA REGION: Impact fee just part of gas industry’s success; NATIONAL: U.S. natural gas prices rise 3% as LNG feedgas edges higher; From JFK to Zohran Mamdani…what caused the decay of the Democrat Party?; Shattered Green Dreams – The Environmental Costs of Wind and Solar; INTERNATIONAL: Oil steady as OPEC+ weighs output hike; Are we.
OilPrice
JUNE 30, 2025
It is widely agreed that a large part of decarbonization will occur through market-based solutions that put a price on carbon. A growing part of the world’s carbon emissions are covered by mandatory carbon markets – regional or national – the so-called compliance markets. But market watchers see an ongoing need for voluntary markets, in which companies and organizations purchase carbon credits to offset their carbon emissions.
Rigzone
JUNE 30, 2025
The U.S. Energy Information Administration revealed its latest U.S. crude oil and natural gas proved reserves figures in a report posted on its site recently.
OilPrice
JUNE 30, 2025
The east coast of Australia is facing natural gas shortages earlier than previously expected, the country’s competition watchdog has warned, noting the market could swing into a deficit as early as the fourth quarter of this year. The government reacted to the report by saying it would consider setting up a „gas reservation” for the vulnerable states.
Offshore Engineer
JUNE 30, 2025
U.K.
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