Mon.Jul 21, 2025

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What's Driving India's Historic Renewable Energy Expansion?

OilPrice

India added a record 22 gigawatts (GW) of renewable energy capacity in the first half of 2025 – a 57% jump from the 14.2 GW installed during the same period last year. The new capacity includes 18.4 GW of solar, 3.5 GW of wind and 250 megawatts (MW) of bioenergy, which is generated from plant and animal waste. This marks the country’s highest-ever addition in any six-month period.

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Natural gas utilities are innovating to fill storage gap

American Gas Association

AGA Newsroom True Blue Blog Where energy conversations come to life. America’s natural gas utilities are working alongside state governments and businesses to deliver more energy to consumers, support manufacturing, and ensure reliable energy for data centers across the country. The natural gas industry is a driving force fueling the economy of the future and is leading the way within the energy sector for the speedy delivery of adequate and affordable fuel to facilities that are being built tod

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Biomethane Could Be the Unsung Hero of the Energy Transition

OilPrice

In the fast-paced world of clean energy innovation, biomethane is rarely the star of the show. It doesn’t sparkle like solar, boom like batteries, or stir geopolitical intrigue like hydrogen. But quietly, consistently, and with increasing impact, biomethane is doing exactly what many climate technologies still promise to do someday: replacing fossil fuels today.

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Enverus Forecasting Solutions: Delivering Precision and Innovation

Enverus

In the dynamic landscape of energy markets, accurate load forecasting is essential for informed decision-making. Enverus forecasting solutions have consistently demonstrated exceptional performance, particularly during extreme weather events and critical peak demand periods. Complementing this reliability, our ongoing commitment to innovation has led to significant enhancements in our forecasting models.

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New Baltic Find Could Be Poland’s Largest Oil Discovery Ever

OilPrice

Central European Petroleum (CEP) has announced a major conventional oil and gas discovery off Poland’s Baltic Sea coast, in what could become the country’s largest hydrocarbon deposit and one of Europe’s most significant finds in the past decade. The discovery was made at the Wolin East 1 (WE1) well, located roughly 6 kilometers from the port city of Swinoujscie in northwestern Poland.

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Valor | Energy Connection – July 21, 2025

Valor

July 21, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. We are committed to sharing the insights and knowledge that our team gathers to help you stay ahead in this dynamic sector. From mergers and acquisitions to regulatory changes and technological advancements, we cover all the key developments that impact the industry.

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Var Energi Makes Gas Discovery Near Norwegian Sea Oilfield

OilPrice

Var Energi has made a commercial gas and condensate discovery near its Fenja oilfield in the Norwegian Sea and could develop it as a tie-in to the producing field, the Norwegian oil company said on Monday. Var Energi, which holds 75% and is the operator of the exploration license, has made the gas and condensate discovery in the Vidsyn exploration well, confirming discovered recoverable resources in the range of 25 to 40 million barrels of oil equivalent (boe).

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USA EIA Reveals Latest USA Crude Oil Production Forecast

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 $66.87 -0.7% Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS

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Global Natural Gas Production Dropped in May

OilPrice

The world’s natural gas production fell in May compared to April, driven by lower output in Russia, the United States, and Norway, according to the latest data by the Joint Organizations Data Initiative (JODI). The Monthly Oil & Gas Data Review of the latest JODI oil and gas databases updates showed on Monday that natural gas production in the 58 countries that have updated their most recent self-reported figures for May declined by 4.8 billion cubic meters (bcm) in May compared to April.

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What’s Going Down

Permian Basin Oil and Gas Magazine

Regardless of the exact status of environmental regulations, the oil and gas industry is working toward getting cleaner. Drilling and production activities often create material that’s more wasted than wanted, and methods for dealing with that are getting cleaner and safer. And in some cases, they’re turning trash into treasure, as with extracting minerals from produced water.

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Sulzer carbon capture internals selected for UK’s historic Net Zero Teesside Power project

Oilfield Technology

Expected to start up in 2028, the power station will capture up to 2 million tpy of CO2 for permanent storage offshore in the North Sea, representing a major step forward in the UK’s path to net zero.

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Chevron wins Exxon case but loses time, oil and billions

Oil & Gas 360º

(BOE Report) – ExxonMobil has lost its arbitration challenge to block Chevron’s $55 billion Hess acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration. Chevron’s deal, first announced in October 2023, closed on Friday after a drawn-out dispute over Hess’s 30% stake in Guyana’s Stabroek block, the most attractive asset in its portfolio.

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U.S. Rig Activity Rebounds Amid Rising Natural Gas Prices – Baker Hughes

Oil Gas Leads

July 21, 2025 After a 12-week decline, U.S. oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in natural gas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.

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Global Upstream M&A Drops 34% as U.S. Activity Slumps

OilPrice

Mergers and acquisitions in the global upstream oil and gas sector clocked in at just over $80 billion in the first half of 2025, good for a 34% year-over-year decline amid volatile oil prices and tariff concerns by the Trump administration. According to Rystad Energy, M&A was particularly weak in the first quarter, with deal value totalling just $28 billion compared to $66 billion in the first quarter of 2024.

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EQT calls on congress to slash gas project approval times

Oil & Gas 360º

(Oil Price) – The chief executive of gas major EQT has called on legislators to reduce the length of the approval process for new natural gas infrastructure in order to boost the competitiveness of U.S. energy. In an interview with the Financial Times, Toby Rice said that “The threat of not getting infrastructure built has only gotten larger — not only from bad actors getting rich by selling energy that could be replaced with American energy — it’s also the threat of China winning the AI

Gas
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Oil Prices Dip as U.S.-EU Trade War Looms

OilPrice

Oil prices drifted lower early Tuesday in Asian markets, weighed down by escalating trade tensions between the world’s largest economies and mounting signs of rising crude supply. The looming threat of an economic slowdown with the potential to curb fuel demand growth is driving bearish sentiment. At the time of writing, Brent crude was down 0.71% at $68.72 a barrel, while U.S.

Oil
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Croatia's INA Produces SAF for First Time

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 $66.87 -0.7% Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS

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U.S. Supermajors Discuss Development of Oilfields in Iraq

OilPrice

U.S. oil and gas giants ExxonMobil and Chevron are in discussions about development opportunities in Iraq’s oilfields with the government, according to the Iraqi oil ministry. “ExxonMobil has conveyed its willingness to return to Iraq,” Bassim Khudair, an undersecretary at Iraq’s Oil Ministry, has said in comments reported by Iraqi media. Last year, Exxon quit the giant Iraqi oilfield West Qurna 1, handing over control of the operations to PetroChina, the state-controlled Chinese firm.

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GAIL Inks 10-Year LNG Supply Deal with Vitol

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 $67.33 -0.01% Brent Crude $69.18 -0.14% Natural Gas $3.39 -4.99% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW

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Global investment in fusion energy rises the most since 2022

BOE Report

Global fusion energy investment grew by $2.64 billion in the year since last July, an industry group said in an annual industry survey on Monday, but companies said they need much more money to take the industry commercial.

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Brava Energia Brings FPSO Atlanta Up to Speed with Six Connected Wells

Offshore Engineer

Brazilian oil and gas company Brava Energia has connected two more wells at Atlanta field to the floating, production storage, and offloading (FPSO) unit, operating off Brazil…

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How geology can make Canada an energy superpower

BOE Report

Vast geological riches underpin Canada’s immense energy potential By Brad Hayes on July 21, 2025, 10:57 am MDT Geological core samples of bitumen resources located at the Alberta Energy Regulator’s Core Research Centre in Calgary. Photo courtesy AER We hear about Canada’s aspirations to become an “energy superpower” a lot these days.

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China Chokes Off Antimony, Boosts Overall Rare Earth Flows

OilPrice

China sharply curtailed exports of two key critical minerals in June, with outbound shipments of antimony falling by 88% and germanium by 95% compared to January levels, Asia Financial reported on Monday, noting that the drop reflects Beijing’s intensifying crackdown on transshipment and unauthorized export activity after discovering that material was being routed through third countries such as Thailand and Mexico.

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New York Reconsiders Upgrades of Gas-Fired Power Plants

Marcellus Drilling News

Danskammer Energy, which had operated a gas-fired peaker power plant along the Hudson River in Newburgh, NY, worked on a project to upgrade the plant since 2018. In June 2024, Danskammer Energy withdrew its permit application with the fossil fuel-hostile state, formally ending attempts to expand after nearly seven years of frustration in trying and.

Gas
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EQT Calls on Congress to Slash Gas Project Approval Times

OilPrice

The chief executive of gas major EQT has called on legislators to reduce the length of the approval process for new natural gas infrastructure in order to boost the competitiveness of U.S. energy. In an interview with the Financial Times, Toby Rice said that “The threat of not getting infrastructure built has only gotten larger — not only from bad actors getting rich by selling energy that could be replaced with American energy — it’s also the threat of China winning the AI race.

Gas
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Seatrium to Deliver FPSO for Petrobras' Buzios Operations

Rigzone

Seatrium Limited said it is set to deliver the first of a series of turnkey floating production storage and offloading vessels to Brazil's Petroleo Brasileiro S.A.

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Slovakia to Tap Up to 100% Russian Gas Under EU Exemption

OilPrice

Slovakia’s government is planning to increase its intake of Russian pipeline gas under a temporary EU exemption, reversing earlier commitments to phase out Russian energy supplies in a controversial move amid a growing bloc-wide crackdown on Russian fossil fuels. The exemption allows Bratislava to continue drawing from Gazprom supplies until 2027, aligning with a long-term contract that runs through 2034.

Gas
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POWWR Launches New Feature to Streamline Cost Analysis and Pricing for Gas Providers

POWWR

RALEIGH, N.C. — July 21, 2025 — POWWR , a software provider for more than 45 energy suppliers worldwide, has launched Gas Flow Summary Reports, an innovative new feature within its Risk360 platform that helps natural gas providers more efficiently track, analyze, and act on real-time cost data.

Gas
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Unpacking Azerbaijan's Controversial Energy Market Overhaul

OilPrice

Azerbaijan is trying to implement a comprehensive plan to overhaul the domestic heating and electricity market, not only expanding renewables’ share of power generation but also implementing liberalization measures. The reforms stand to generate a fair amount of public discontent. A series of laws adopted by Azerbaijan’s rubber-stamp parliament in the spring is paving the way for tariff reform in the domestic energy market, namely heating and electricity.

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PRIO Moves Ahead with Wahoo Field Drilling Plan off Brazil

Offshore Engineer

Brazilian oil and gas firm PRIO has secured a preliminary license from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for the…

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Big Oil’s Power Couple Heads to Guyana

OilPrice

Following the completion of Chevron’s acquisition of Hess Corporation, the U.S. supermajor will need to overcome a previously strained relationship with its biggest competitor at home, ExxonMobil, and work together as joint venture partners in the hottest oil province in the world, Guyana’s offshore oil treasure trove. Chevron’s foray into the fastest-growing exploration and production spot globally could also be a sign of what’s to come for the biggest international oil and gas majors.

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bp sells U.S. onshore wind business, continuing pivot back to oil and gas

Oil & Gas 360º

(World Oil) – BP Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of share underperformance. The deal completes the UK energy giant’s exit from wind power generation, transferring ownership of 10 assets across seven US states, according to a statement.

Oil
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MOROCCO: Predator Oil and Gas Announces Commencement of MOU-3 Well Intervention and Rigless Testing Operations

Oil News Africa

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with near-term hydrocarbon operations and production focussed on Morocco and Trinidad announces that rigless testing operations have … Read More The post MOROCCO: Predator Oil and Gas Announces Commencement of MOU-3 Well Intervention and Rigless Testing Operations appeared first on oilnewsafrica.

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Shape Shifters: which version is right for my business?

Octopus Energy

Shape Shifters is our smart, bill-slashing business energy tariff. It gives you serious savings when you use electricity outside of a small number of peak hours. It’s already lowering the bills of hundreds of businesses. Now, we’ve added another version of Shape Shifters into the mix.

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The Role of Pup Joints in Drilling, Explained Simply

DIC Oil Tools

A vast array of tools and components come into play to ensure that oil and gas drilling runs efficiently. Some of them are huge, but several others are much smaller, though equally crucial. Among the key components is the pup joint—a brief section of pipe designed for fine-tuning string length, which helps maintain operational precision. Although very small, the pup joint plays a significant role in accuracy and efficiency in drilling operations.

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Saudi Arabia’s Crude Oil Exports Hit 3-Month High in May

OilPrice

Saudi Arabia’s crude oil exports rose to a three-month high in May, the latest data by the Joint Organizations Data Initiative (JODI) showed on Monday, as the Kingdom leads the OPEC+ production increases this summer. Saudi Arabia, the world’s top crude oil exporter, saw its shipments rise by 25,000 barrels per day (bpd) from April to 6.19 million in May, according to the JODI data which compiles self-reported figures from the individual countries.

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Chevron Secures Future Production Prospects with Entry to Oil Rich Guyana

Offshore Engineer

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S.