Sun.Jun 08, 2025

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The Shifting Landscape of American Energy Sources

OilPrice

This animated chart, via Visual Capitalist's Bruno Venditti, uses data from the U.S. Energy Information Administration to illustrate how the country’s energy generation landscape has evolved since 1950. U.S. Energy Generation by Source, 1950–2024 As seen in the video above, natural gas has experienced the most significant growth—rising from just 6.2 quadrillion BTUs in 1950 to 39.2 in 2024—making it the leading energy source in recent years, surpassing both coal and oil.

Energy 252
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EU's Gas Import Mix: Imports of Piped Russian Gas Increased by About 10% in May As US LNG imports Declined

Energy Outlook Advisors

June 8, 2025 Europe’s energy landscape is transforming as the continent reduces its reliance on imported natural gas. Following Russia’s 2022 invasion of Ukraine, the EU accelerated efforts to diversify gas supplies, launching the REPowerEU plan to phase out fossil fuels and other plans to reduce imports form Russia. Russian gas imports dropped from 45% to 19% of total consumption by 2024, with increased LNG imports from the US.

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The Three States Driving America’s Solar Boom

OilPrice

In addition to California, which has long been a renewable energy powerhouse, some unexpected states have come out on top for green energy production in the United States in recent years. Texas and Florida join the Golden State as the top wind and solar energy producers in the U.S., having invested heavily in increasing their renewable energy capacity.

Energy 273
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Reactores de Pemex retenidos en Jilotepec

Oil & Gas Magazine

Habitantes de Jilotepec retienen dos mega-reactores de Pemex para exigir seguridad e infraestructura; el bloqueo afecta gravemente la operación de la refinería de Tula. Desde hace cinco meses, dos mega-reactores de más de 500 toneladas cada uno permanecen retenidos en el municipio de Jilotepec, Estado de México , como parte de una protesta encabezada por ejidatarios y autoridades locales.

E&A 101
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Morgan Stanley: OPEC+ Fails to Deliver on Output Pledge

OilPrice

The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialized, commodity analysts from Morgan Stanley said. “Notwithstanding the around 1 million-barrel-a-day increase in production quotas between March and June, an actual increase in production is hard to detect,” the team, led by Martijn Rats said in a note today, as quoted by Bloomberg.

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Iraq Expands Gas Projects to Curb Flaring

Iraq Business News: Oil & Gas

By John Lee. As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. It says the Ministry has raised associated gas capture from 53% to 70%, and dry gas production from 1,300 to 1,800 million standard cubic feet per day (mmscfd). Key projects already completed or underway include: Halfaya Gas Project (Missan): 300 mmscfd Basra Gas Company (BGC) (BNGL1 and BNGL2): 200 mmscfd each A

Gas 59
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Scandinavia’s Nuclear Waste Revolution

OilPrice

After years of battling the poor public perception of nuclear power, several countries are now on track to develop their nuclear energy sector as governments encourage a shift away from fossil fuels to cleaner alternatives. Nuclear plants have the potential to provide abundant, clean power. However, there have long been fears over how to properly manage the nuclear waste produced at plants, to ensure that neither human health nor the environment are harmed during the disposal process.

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China’s Rare Earths Weapon Could Kill Europe’s Auto Industry

OilPrice

China earlier this year introduced restrictions on its exports of rare earths. The move marked a new stage in the US- China trade spat, when the two sides no longer tried to out-tariff each other but took to more concrete steps. The problem is, the restrictions don’t just apply to U.S. companies. And they may well deliver the fatal blow to Europe’s struggling auto industry.

IT 291
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OPEC+ Quota Hikes Yet to Deliver Oil Surge: Morgan Stanley

Rigzone

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 $65.03 +0.7% Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS

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Ghana, Tullow, Kosmos Energy, PetroSA, GNPC & Explorco sign MoU to extend Production licences to 2040

Oil News Africa

The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy (Kosmos), PetroSA, GNPC and Explorco are pleased to announce that they have entered into a Memorandum of Understanding (MOU) to … Read More The post Ghana, Tullow, Kosmos Energy, PetroSA, GNPC & Explorco sign MoU to extend Production licences to 2040 appeared first on oilnewsafrica.

Energy 59
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Fennex to Deploy AI-Powered Safety System across EnQuest's UK Operations

Rigzone

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 $64.53 -0.08% Brent Crude $66.41 -0.09% Natural Gas $3.73 -1.32% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW

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SOUTH AFRICA: Eco Atlantic Secures Exploration Right and Transfer of 75% Interest in Block 1 

Oil News Africa

Eco (Atlantic) Oil & Gas announce that, further to the Farm-In Agreement announced on 5 June 2024, formal approval has been received from the South Africa Department of Mineral and … Read More The post SOUTH AFRICA: Eco Atlantic Secures Exploration Right and Transfer of 75% Interest in Block 1 appeared first on oilnewsafrica.

Oil 59
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Simpson Oil announces its support for the Sunoco-Parkland transaction

BOE Report

GRAND CAYMAN, Cayman Islands, June 6, 2025 /CNW/ – Simpson Oil Limited (“Simpson Oil”), the largest shareholder of Parkland Corporation (“Parkland”), holding 19.8% of Parkland’s outstanding common shares, announced today that it is supportive of, and intends to vote all of its common shares in favor of, the proposed transaction involving Parkland and Sunoco LP (“Sunoco”).

IT 59
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CAMEROON: Ades Holding Announces Rig Contract Award with Sinopec

Oil News Africa

ADES Holding co. announce that it has been awarded a new contract for the use of Admarine 510 in Cameroon, marking ADES’ entry into its 13th country of operations and … Read More The post CAMEROON: Ades Holding Announces Rig Contract Award with Sinopec appeared first on oilnewsafrica.

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State of Beauty 2025: Solving a shifting growth puzzle

McKinsey

As momentum cools and definitions of beauty expand, beauty players face a new mandate: Win over skeptical consumers, recalibrate across markets, and prove their worth beyond the hype.

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EQUATORIAL GUINEA: SBM Offshore Signs SPA with GEPetrol

Oil News Africa

SBM Offshore announces it has signed a Share Purchase Agreement for the full divestment of SBM Offshore’s equity interest in the lease and operating entities of the FPSO Aseng to GEPetrol. The … Read More The post EQUATORIAL GUINEA: SBM Offshore Signs SPA with GEPetrol appeared first on oilnewsafrica.

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Maintenance Contract Signed for GreatWhite Rig

Offshore Engineer

Noble and Green Yard have entered into a contract for a scheduled yard stay for the ultra-deepwater semi-submersible drilling rig Ocean GreatWhite, owned by Noble Corporation…

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COTE D’IVORE: Expro Deploys its Autonomous iTONG™ System in the Baleine Field

Oil News Africa

Expro has successfully deployed its Autonomous iTONG™ system for the first time in the Sub-Sahara Africa (SSA) region, for a major offshore operator off the Côte d’Ivoire. This milestone marks … Read More The post COTE D’IVORE: Expro Deploys its Autonomous iTONG™ System in the Baleine Field appeared first on oilnewsafrica.

Field 52
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How First Time Quality Slashes Rework and Saves Weeks on Site

FTQ360

Rework, delays, and unnecessary costs can burden projects, but these challenges are not inevitable. First Time Quality (FTQ) offers a solution by focusing on getting it right the first time, eliminating rework, reducing delays, and ensuring consistent outcomes. More than a process, FTQ is a mindset that transforms how teams approach quality, ensuring that every step is executed with precision and care.

IT 52
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NAMIBIA: ReconAfrica Seeks $10M to Drill Kavango West 1X well

Oil News Africa

Reconnaissance Energy Africa announces that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner for an overnight marketed public offering of units … Read More The post NAMIBIA: ReconAfrica Seeks $10M to Drill Kavango West 1X well appeared first on oilnewsafrica.

Energy 52
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U.S. envoy closely eyes Canada defence spending; says NATO about collective defence

BOE Report

OTTAWA – The American ambassador to Canada is closely watching as Ottawa shapes its defence budget, but says the U.S. will not dictate what the Canadian government must spend.