OilPrice
JULY 9, 2025
China accounts for as much as 74% of all wind and solar projects currently under construction, Global Energy Monitor said in a new report, as cited by the Financial Times. The country that is already home to the most sizable wind and solar generation capacity in the world, is in the process of building 510 GW more in utility-scale solar and wind capacity, the climate NGO said.
Oil & Gas 360º
JULY 9, 2025
(World Oil) – The U.S. sees domestic crude output growth slowing more than expected this year as choppy oil prices limit drilling activity. U.S. crude output is now expected to grow by 160,000 bpd this year to 13.37 million bpd and remain flat in 2026, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday.
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OilPrice
JULY 9, 2025
India is looking to strengthen its domestic oil and gas exploration and supply with the biggest-ever acreage up for grabs under the Open Acreage Licensing Programme (OALP) Round X. “The focus is clearly on further enhancing and strengthening domestic E&P efforts,” Minister of Petroleum and Natural Gas, Hardeep Singh Puri, posted on X while visiting an offshore industry event in Bergen, Norway.
POWER Magazine
JULY 9, 2025
As the backbone of modern energy systems, smart grids and digital substations promise efficiency and sustainability—but they also open the door to escalating cyberthreats. This article dives into a layered cybersecurity strategy that blends integrated vulnerability assessments, robust protocols, and defense-in-depth tactics. Packed with practical insights and a look at breakthrough technologies, it empowers utilities […] The post Securing the Power Grid: Cybersecurity Strategies for Smart
Oil & Gas Magazine
JULY 9, 2025
Grupo Carso invertirá 5,000 millones de dólares en el campo Ixachi. Pemex impulsa contratos mixtos para atraer capital privado y compartir riesgos operativos. Pemex ha dado luz verde a una nueva estrategia de inversión denominada Contratos de Desarrollo Mixto , con la que busca atraer capital privado sin ceder control estatal. De acuerdo con una presentación interna de la petrolera obtenida por Proceso , estos contratos permitirán que empresas privadas participen directamente en el desarrollo y
Rigzone
JULY 9, 2025
Strathcona said it is now a pure-play heavy oil company producing approximately 120 million barrels per day (MMbpd) with a 50-year 2P reserve life index.
Pro-Gas Services
JULY 9, 2025
In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before natural gas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids. This critical initial step, gas separation, lays the foundation for efficient and safe downstream operations.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
OilPrice
JULY 9, 2025
Henrik Andersen, CEO of Danish wind turbine giant Vestas Wind Systems A/S, has issued a stark warning to European policymakers: without stronger and more cohesive industrial strategies, Europe may lose its edge in renewable energy manufacturing to the U.S. and other regions. “Wind is largely a European creation — born in our universities, tested on our sites,” Andersen told Bloomberg News.
Offshore Engineer
JULY 9, 2025
Empire Energy and Ellevo Group have launched a strategic joint venture for offshore wind lifting and transport consultancy services to meet the evolving demands…
OilPrice
JULY 9, 2025
Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the U.S.-based Commonwealth LNG terminal in Cameron, Louisiana, according to an exclusive Reuters reported on Wednesday. The potential deal would further cement Aramco’s push into the global LNG market as it accelerates efforts to diversify beyond crude oil exports.
EnergyTrend
JULY 9, 2025
Romania Abolishes Double Taxation on Energy Storage, Accelerating 5GW Electro-Storage Capacity Deployment OnJuly8th,Romania'sEnergyRegulatoryAuthority(ANRE)officiallyapprovednewregulationsabolishingdoubletaxationonbatteryenergystoragesystems(BESS).Themovea.
OilPrice
JULY 9, 2025
Earnings season is here again, with second-quarter earnings season set to begin in earnest during the second full week of July. According to FacetSet Earnings Insight, companies in the S&P 500 are expected to report aggregate earnings growth of 5.0%, marking the lowest growth by the market in seven quarters. FactSet has reported that Wall Street is most bearish about the energy sector, and has lowered EPS estimates for oil and gas companies by the largest percentage amongst all 11 market sectors
POWER Magazine
JULY 9, 2025
Energy solutions provider Ameresco announced a partnership with Alaska’s Juneau Hydropower to develop, build, and operate a 19.8-MW hydropower station at Sweetheart Lake. The facility is located 33 miles south of downtown Juneau. The project also includes installation of a battery energy storage system (BESS) and more than 40 miles of high-voltage transmission infrastructure.
OilPrice
JULY 9, 2025
The UK government is set to drop plans to introduce zonal pricing in the country’s wholesale electricity market, following a backlash from industry saying that splitting the market into geographical areas would damage investments in renewable energy projects, the Guardian reports, citing sources. In one of the most controversial power market reforms considered in the country, the UK government has been considering the so-called zonal pricing for electricity prices in Britain to replace a nationw
Oil & Gas 360º
JULY 9, 2025
(BOE Report) – Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, United Arab Emirates’ Energy Minister Suhail al-Mazrouei said on Wednesday. OPEC+, which pumps about half of the world’s oil, has been curtailing production for several years to support the market. But it has reversed course this year to regain market share and as U.S.
Energy Outlook Advisors
JULY 9, 2025
US Inventories, Exports, Imports, and Refinery Utilization (12 Charts).
Rigzone
JULY 9, 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 $68.30 -0.04% Brent Crude $70.11 -0.06% Natural Gas $3.21 -3.92% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
OilPrice
JULY 9, 2025
Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 426 million barrels, still 8% below the five-year average for this time of year. Crude prices were trading down ahead of the report, after the American Petroleum Institute (API) on Tuesday estimated a surprise 7.1-million-barrel build for the week endi
Novi
JULY 9, 2025
This blog post is based on the technical paper “Optimizing Well Spacing to Maximize Horizontal Well Performance and Recovery”, co-authored by Ahmed Alzahabi, Alexander Trindade, Ahmed Kamel, and Kiran Sathaye. The paper was presented at URTeC 2025. Download the full paper here. The unconventional oil and gas industry has reached a critical inflection point where the delicate balance between well density and ultimate recovery determines long-term field economics.
Offshore Engineer
JULY 9, 2025
ABS issued approval in principle (AIP) to Hanwha Ocean for its new design of a semisubmersible-type floating offshore wind turbine.
OilPrice
JULY 9, 2025
Taiwan is facing an energy crisis that could prove existential. Not only is the country’s energy demand outpacing its grid’s capacities, the country is heavily dependent on energy imports, making the island nation highly vulnerable to military blockades from neighboring China. If Taiwan is not able to build up its own energy supply in a hurry, it will become increasingly difficult – if not impossible – to continue resistance against the Chinese agenda to annex the island under its One China poli
Offshore Engineer
JULY 9, 2025
Aker Solutions has secured a contract by Equinor to prepare the topside of Troll C to receive and process the production from the Fram Sør subsea tie-in project in the North Sea…
Oil & Gas Magazine
JULY 9, 2025
Pemex y el gobierno de Nuevo León acordaron instalar filtros en la refinería de Cadereyta y mejorar la calidad de gasolina, asfalto y combustibles. El gobernador de Nuevo León, Samuel García Sepúlveda, anunció un acuerdo clave con Petróleos Mexicanos (Pemex) para reducir la contaminación proveniente de la refinería Héctor Lara Sosa, ubicada en el municipio de Cadereyta, una de las principales fuentes de emisiones contaminantes en la zona metropolitana de Monterrey.
EnergyTrend
JULY 9, 2025
400MW/1.6GWh! Another Large-Scale Energy Storage Power Station Commences Construction OnJuly6th,agrandeventinthefieldofgreenenergytookplaceinFanzhiCounty,XinzhouCity,ShanxiProvince—thecommencementofconstructionforthe400MW/1600MWhindepen.
Oil & Gas 360º
JULY 9, 2025
(World Oil) – bp Plc and Shell Plc signed agreements with Libya’s National Oil Corp (NOC) to study new opportunities, joining international majors accelerating their return to the oil-rich African nation. bp, which has pivoted away from its failed low-carbon strategy to focus more on fossil fuels, signed a memorandum of understanding to study reviving two huge oil fields in Libya, it said in a statement on Tuesday.
POWER Magazine
JULY 9, 2025
The U.S. power sector seems to be increasingly pulled in two directions. While trundling toward rapid electrification, it is seeking to hold its ground on recent decarbonization triumphs. And while utilities and power companies are racing to add generation capacity, their prospects are limited by aging infrastructure and upended by supply chain constraints that have […] The post “We’re Writing a New Chapter”: Mitsubishi Power CEO Bill Newsom on AI, Gas Turbines, and the Path to Decar
Offshore Engineer
JULY 9, 2025
Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate…
OilPrice
JULY 9, 2025
Global markets have been soaking up the additional barrels OPEC+ has been producing since the spring without inventory builds, suggesting that the market needed the higher supply, according to Suhail al-Mazrouei, the energy minister of one of OPEC’s top producers, the United Arab Emirates (UAE). “You can see that even with the increases for several months we haven’t seen a major buildup in inventories, which means the market needed those barrels,” al-Mazrouei said on Wednesday, as carried by Reu
Rigzone
JULY 9, 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 $68.30 -0.04% Brent Crude $70.11 -0.06% Natural Gas $3.21 -3.92% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
OilPrice
JULY 9, 2025
Uganda National Oil Company (UNOC) is on the lookout for a joint venture partner to help it explore and develop an oil block in the western part of the African country, a spokesperson for the state-owned oil firm told Reuters on Wednesday. UNOC signed in 2023 a two-year production sharing agreement with Uganda’s government for the Kasuruban exploration block.
Rigzone
JULY 9, 2025
Executives from oil and gas firms have revealed where they expect the Henry Hub natural gas price to be at various points in the future in the second quarter Dallas Fed Energy Survey.
Asian Oil & Gas
JULY 9, 2025
Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate…
Rigzone
JULY 9, 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 $68.30 -0.04% Brent Crude $70.11 -0.06% Natural Gas $3.21 -3.92% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
Daily Energy Report
JULY 9, 2025
July 09, 2025 Some members of our team are attending the OPEC Seminar in Vienna. Here are brief video clips ( 2 minutes each) highlighting key perspectives on global oil demand and AI's impact on the oil and gas industry. Because of a heavy schedule, there will be no Daily Energy Report tomorrow. Please follow Dr. Alhajji’s twitter account as he posts videos and comments from the event: @anasalhajji Share Links to Stories from OPEC Seminar Vienna hosts 9th OPEC International Seminar India
Marcellus Drilling News
JULY 9, 2025
Chesapeake Utilities Corporation, not to be confused with the former Chesapeake Energy Corporation (which is now Expand Energy), announced that its Ohio subsidiary, Aspire Energy Express, LLC, has entered into an agreement with American Electric Power (AEP) to construct and operate an intrastate natural gas pipeline in central Ohio to feed Marcellus/Utica gas to a.
POWER Magazine
JULY 9, 2025
It’s no secret the solar industry has been stockpiling components such as panels and racking since before the Inflation Reduction Act. Under threat of a shortened runway to qualify for credits recently made reality with the passage of the reconciliation bill, the trend has very definitely accelerated. The post Rush Toward Another ‘Safe Harbor’ Begins for Solar Industry appeared first on POWER Magazine.
Marcellus Drilling News
JULY 9, 2025
A month ago, MDN published a post predicting that Marcellus/Utica natural gas production is set to grow thanks to new pipeline projects and demand from data centers and LNG exporters (see Marcellus/Utica Set to Grow Thanks to LNG, Data Centers, Southeast). Today, we shift the focus from customers to what drillers are saying (predicting) about.
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