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Angola has made a major natural gas discovery, marking a breakthrough in the country’s efforts to diversify its fossil fuel production. Azule Energy, a joint venture between BP Plc (NYSE:BP), Eni S.p.A. This is the first natural gas exploration by the former…
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.
Argentina's Vaca Muerta shale play posted significant first-quarter gains in 2025, building on last year's strong performance, with oil output surging 26% and gas production rising 16% year-on-year, according to Rystad Energy estimates.
Pakistan’s state-owned Oil & Gas Development Company Limited (OGDCL) has hit a new reservoir of oil and gas at its Faakir-1 wildcat well—an onshore discovery in Sindh province that could help reverse the country’s deepening energy crisis. Drilled to a depth of 4,185 meters, the well tested at 6.4
Texas is pumping natural gas out of the ground and exporting it at a record pace. It may only be the start of another energy boom for the Lone Star State because natural gas demand is growing both globally and at home. Texas produced 34.1
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. More than 189 million Americans and 5.8
Duke Energy is a Fortune 150 company headquartered in Charlotte, NC, and is one of America’s largest energy holding companies. million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, and it collectively owns 50,000 megawatts of energy-generating capacity. Duke’s natural gas unit serves 1.6
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.
Energy Information Administration to illustrate how the country’s energy generation landscape has evolved since 1950. 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
By transforming landfill, agricultural, and wastewater emissions into usable power, biogas solves two problems at once: it reduces fugitive methane emissions, a potent greenhouse gas (GHG), and generates renewable electricity.
China is increasingly integrating artificial intelligence into its energy system to increase the sector’s efficiency and enhance national energy security. As early as 2020, the Chinese state-owned natural gas giant Gas Holdings Ltd. As early as 2020, the Chinese state-owned natural gas giant Gas Holdings Ltd.
1 natural gas project in the South China Sea, boosting domestic output by 4.5 The project, China’s largest deepwater gas development to date, officially reached full capacity on June 26, according to CNOOC officials cited by China Daily. 1 is seen as a cornerstone of China’s efforts to strengthen energy security and reduce reliance…
Europe has accelerated its purchases of liquefied natural gas to refill its storage caverns for the winter, and once again, this has driven prices higher, sapping demand in Asia. This could turn into a seasonal pattern until new LNG capacity comes online—and it will definitely add to Europe’s energy cost woes. It needs to…
As the European Union seeks to end its dependency on Russian energy, the European Commission is set to propose this week a ban on new contracts for natural gas supply with Russia on the basis of trade law, which needs a majority vote approval instead of a unanimous EU call. Hungary and…
AGA Newsroom True Blue Blog Where energy conversations come to life. Energy – and lots of it. Reliable energy is essential for long term success of the data computing centers necessary for maintaining AI’s momentum. If we want to get ahead in the race for AI dominance, then we need to lean on the reliability of natural gas.
Skip to main content Is geothermal energy ready to make its mark in the US power mix? July 17, 2025 | Article Adam Barth   Clint Wood Maximilian Moosburger   Bobo Stankovikj Next-generation geothermal energy may soon be a cost-competitive way to fill the need for clean, firm power in the United States.
Woodside Energy, Australia’s top independent oil and gas producer, has signed a preliminary long-term deal to supply Malaysia’s state giant Petronas with LNG from its global portfolio, including from the planned Louisiana LNG project in the United States.
AGA Newsroom True Blue Blog Where energy conversations come to life. Excess flow valves can automatically stop the flow of gas if a meter is struck by a vehicle. Congress should support a hydrogen-natural gas blending R&D study. Hawai’i Gas has routinely and successfully used a 15% hydrogen blend for decades.
Malaysia’s state energy firm Petronas on Monday said it has successfully shipped its first liquefied natural gas (LNG) cargo to Japan from its newly operational LNG facility in Kitimat, Canada. Petronas has a 25% stake in the Kitimat LNG plant in British Columbia on Canada’s west coast.
When you flip a light switch or power up your laptop, you’re tapping into a massive network of energy production—and there’s a good chance natural gas played a part. In fact, natural gas is one of the leading sources of electricity in the United States. Why Natural Gas?
Recent actions taken by the Federal Energy Regulatory Commission (FERC) appear to be quite significant, yet it has not received any media attention. On June 18, FERC took several actions to remove regulatory obstacles and therefore speed up the construction of needed natural gas infrastructure projects in the United States.
REGIONS: US proposes rules that could boost oil, gas output in US West; Elon Musk confirms buying overseas power plant, shipping it to Memphis for xAI; LNG boom hits a snag in Louisiana’s crowded waterways; NATIONAL: Dallas Fed energy survey shows oil, gas activity contraction; Imports made up 17% of U.S. energy supply.
AGA Newsroom True Blue Blog Where energy conversations come to life. Renewable natural gas (RNG) is a uniquely versatile form of renewable energy, possessing characteristics unmatched by any alternatives. A natural gas stove fueled by RNG cooks as well as one fueled by natural gas from traditional geologic sources.
(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.
(Oil Price) – Energy investments this year are set to hit $3.3 trillion on the back of a strong increase in spending on things such as wind and solar, the International Energy Agency has forecast. trillion, the total for what the IEA calls clean energy certainly seems impressive. By Irina Slav for Oilprice.com
electricity networks, with power utilities focusing more on building out capacity from natural gas plants and renewable energy sources. However, steady cost declines coupled with rising energy density levels have encouraged utilities to ramp up their battery installations, with…
Natural gas is one of the world’s most important energy resources—cleaner-burning than coal and oil, and a reliable source of heat, electricity, and industrial power. Let’s explore where natural gas is found, both on a global scale and right here in the U.S. Natural Gas in the U.S.
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. India’s energy journey offers engagement opportunities with Indian companies across multiple areas, including joint participation…
liquefied natural gas, as part of its efforts to reach a pledge to buy $250 billion in U.S. energy per year, it said on Thursday. energy to $750 billion over the next three years. The $750 billion energy deal covers EU purchases of U.S. The $750 billion energy deal covers EU purchases of U.S. supplies. “We
The Kingdom, the world’s top crude oil exporter, wants to develop all forms of energy, diversify its economy from oil, and replace oil in power generation with renewables and natural gas. Saudi Arabia seeks to raise its solar and wind power capacity with multi-billion-dollar deals.
In a pivotal shift for Eastern European energy flows, Ukraine’s state-owned Naftogaz has signed its first-ever gas supply agreement with Azerbaijan’s state-run SOCAR, leveraging the Trans-Balkan corridor to bypass Russian infrastructure for the trial delivery of Azerbaijani gas routed through Bulgaria and Romania directly into Ukraine.
Beacon Offshore Energy has officially started oil and gas production at its long-awaited Shenandoah field in the U.S. The floating production system, parked off the coast of Louisiana, has a nameplate capacity of 120,000 bpd and 140 million cubic feet of gas per day. Phase 2 is scheduled to come online by…
Publisher’s Note: Anschutz Exploration will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. But in formations like those found in the Powder River Basin (PRB), the oil and gas often sit in thin, horizontal layers of rock. Anschutz Exploration Corp.,
The UK’s energy regulator has approved a £24bn investment to upgrade the UK’s energy infrastructure as a part of its green transition. The Office of Gas and Electricity Markets (Ofgem) move comes as the government renews its push for cleaner energy, despite backlash around the impact on prices.
Drawing on years of experience pioneering digital transformation in the global oil and gas sector, Fennex applied its expertise to develop a powerful, AI-enabled, cloud-based solution tailored to the unique demands of offshore wind.
Publisher’s Note: Eni will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Oil Price) – Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8
(EIA) – In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in 2024. energy production until more recently.
MidOcean Energy, the LNG investment platform backed by Saudi Aramco, has emerged as the front-runner to acquire a significant minority stake in Petronas’s Canadian gas and LNG business, according to people familiar with the talks, cited by Bloomberg.
The Oilholic was delighted to join the demo day of UK-based energy AI firm Applied Computing in London on Tuesday. The firm recently announced a £9 million seed funding round - largest ever for a British AI company's at seed stage - to bring what it describes as "superintelligence" to the energy industry. More musings to follow soon.
Oil & Gas 360 – Landmark 30 th Anniversary EnerCom Denver – The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com DENVER – July 31, 2025 – EnerCom, Inc.,
This landmark deal not only reshapes EOG’s portfolio but also sends ripples through the broader energy M&A landscape, signaling a shift in where, and how, operators are seeking growth. After nearly a decade on the sidelines, EOG Resources has made a bold return to the M&A arena with its $5.6 The deal is also financially compelling.
(Oil Price) – As part of the European Union’s efforts to halt imports of Russian natural gas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters. By Charles Kennedy for Oilprice.com
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