BOE Report

JULY 7, 2025

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.

IT 122

IT Natural Gas Operator Gas 122

OilPrice

JUNE 19, 2025

Namibia, one of the latest exploration hotspots in the world, is weighing potential further incentives and financing options to offer to international majors preparing plans for oil production offshore the African country.

Exploration and Production 220

Exploration and Production Oil IT Offshore 220

Oil & Gas 360º

JULY 11, 2025

(Investing) – VIENNA -The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet summer travel demand. The IEA, which advises industrialised countries, expects global supply to rise by 2.1

IT 130

IT Oil Refinery Barrel 130

OilPrice

JUNE 23, 2025

China installed its highest solar power capacity for a single month in May, according to official data, which showed mind-boggling figures that the country installed more solar capacity in a month than any other nation did for the entire 2024.

IT 349

IT Energy Energy 349

OilPrice

JULY 8, 2025

Earlier this week, Shell warned its second-quarter earnings would be weaker due to lower trade in gas and oil derivatives. Now, Exxon has joined its peer in the warning series, saying weaker oil and gas prices during the second quarter would affect its financial results, and rather substantially, at that. Big Oil is having a difficult moment.

Oil 321

Oil Gas IT 321

OilPrice

JUNE 15, 2025

The country, however, currently imports 98% of the uranium feedstock it needs to power its 94 nuclear reactors. Indeed, the U.S. accounts for less than 1% of the world’s uranium output, with Kazakhstan, Canada, and Namibia accounting for nearly two-thirds of global production. But things have not always been this way.

IT 347

IT Energy Energy 347

OilPrice

JUNE 24, 2025

Even before the latest potentially game-changing developments began involving its longtime financial, political, and military ally Iran, it was clear that Iraq needed to focus more on the independent development of its own resources -- most notably in energy -- for its future.

Oil 286

Oil IT Gas Energy 286

OilPrice

JUNE 18, 2025

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.

Gas 293

Gas Oil Energy Energy 293

OilPrice

JULY 2, 2025

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…

Gas 285

Gas Natural Gas IT Energy 285

OilPrice

JUNE 26, 2025

Now, a team of scientists says the challenges are not insurmountable. We just need to build a globally interconnected system of wind and solar. It sounds like a huge undertaking fraught with its own challenges, and indeed it is.

IT 277

IT Energy Energy 277

OilPrice

JUNE 18, 2025

Canada could produce its first-ever liquefied natural gas (LNG) for export from the Pacific coast as early as this weekend, according to industry sources familiar with project timelines cited by Reuters.

Natural Gas 286

Natural Gas Completion Operator Gas 286

POWER Magazine

JUNE 17, 2025

Department of Energy (DOE) is inviting private-sector nuclear developers to submit proposals for experiments and demonstrations using its Microreactor Application Research Validation and Evaluation (MARVEL) project.

Operator 290

Operator IT Energy Energy 290

OilPrice

JUNE 20, 2025

Ontario has always been a clean-energy giant, deriving half of its electricity from nuclear power and 25 percent from hydroelectricity. Now, the central Canadian province is preparing to expand its nuclear energy capacity to meet rising electricity demand.

Energy 322

Energy Energy IT 322

OilPrice

JUNE 23, 2025

airstrikes on Iran, some oil tankers did U-turns, paused, or avoided spending even a minute longer than necessary when crossing the Strait of Hormuz—the world’s most vital oil flow chokepoint. Iran has hinted that it may block the Strait in retaliation. At least two supertankers made U-turns at the Strait of Hormuz since the U.S.

Oil 345

Oil IT 345

OilPrice

JUNE 16, 2025

Oil prices dropped nearly 4% on Monday, erasing much of last week's conflict-driven gains, as traders reacted to signs of easing tensions between Israel and Iran. The reversal came sharply after a Wall Street Journal report indicated that Iran is urgently signaling its desire to halt hostilities and resume negotiations over its nuclear program.

Oil 321

Oil Barrel IT 321

OilPrice

JUNE 21, 2025

is once again backing nuclear power, with plans to develop new large-scale nuclear plants as well as alternative small modular reactors (SMRs) in the coming decades. This is part of a Labour government plan to accelerate the country’s green transition by expanding its clean energy capacity and shifting away from a reliance on fossil fuels.

Government 298

Government Energy Energy IT 298

OilPrice

JULY 1, 2025

Five years of U-turns in strategy and the abrupt departure of the architect of the ‘greener’ BP, Bernard Looney, have left investors unconvinced in the direction the UK supermajor is taking and whether it could – at some point, finally – convince shareholders and the market that it is a stock worth holding.…

Oil 310

Oil IT 310

OilPrice

JULY 9, 2025

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. The global total including China’s share stands at 689 GW.

Utilities 277

Utilities Energy Energy IT 277

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.

Oil 294

Oil Gas IT 294

POWER Magazine

JUNE 27, 2025

A software group that uses artificial intelligence (AI) to help automate processes said it was joining with a nuclear power deployment company on an AI-driven system to accelerate construction of nuclear reactors.

Operator 288

Operator IT 288

OilPrice

JUNE 25, 2025

Because of the strategic, economic and geopolitical implications, the move quickly made sector analysts sit up and take note Media reports quoted Russia’s Energy Minister, Sergei Tsivilev, as saying that the country was already working with Mexico in other sectors. Now it was offering to share its liquefied natural gas technologies…

Natural Gas 320

Natural Gas Energy Energy Gas 320

OilPrice

JUNE 13, 2025

Israel has ordered the shutdown of its massive Leviathan gas field, cutting off a critical supply line to Egypt just as regional tensions with Iran erupt into open conflict. Chevron, the operator of Leviathan, confirmed the halt on Friday after Israel’s Energy Ministry issued the order, citing escalating security threats.

Field 312

Field Shutdown Gas Pipeline 312

OilPrice

JULY 8, 2025

Japanese car manufacturing giant Nissan Motor is revising down production plans for its new Leaf series electric vehicle as the Chinese controls on exports of rare earth elements have created a shortage of car parts, Kyodo News reported on Tuesday.

Manufacturing 324

Manufacturing IT 324

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. Taiwan’s isolated…

Energy 243

Energy Energy IT 243

OilPrice

JULY 8, 2025

Oil prices have inched up, but the EIA says don’t get used to it. The July Short-Term Energy Outlook (STEO) raised its 2025 Brent forecast by $3 to $69/bbl, citing a spike in geopolitical risk from the mid-June Iran nuclear conflict. But that bump is expected to be short-lived.

BBL 304

BBL Oil IT Energy 304

OilPrice

JUNE 9, 2025

Kenya hopes it will begin commercial crude oil production and exports next year, Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, said on Monday, as companies are finalizing an asset sale and development project plans for an onshore resource basin. Tullow Oil and its minority partners sought to develop the South Lokichar project…

Crude Oil 333

Crude Oil Oil Petroleum Basin 333

OilPrice

JUNE 16, 2025

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…

Gas 280

Gas Natural Gas IT Energy 280

OilPrice

JUNE 29, 2025

OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, suggesting there would be no pre-negotiating behind closed doors. "We'll review it during the meeting, as is traditional," Russian Deputy Prime Minister Alexander Novak told reporters, adding to market anticipation ahead of (..)

Barrel 306

Barrel Oil IT 306

OilPrice

JUNE 30, 2025

While the giant is looking east to offset lost revenues from sales in Europe, it has been struggling to convince China to sign up…

Natural Gas 279

Natural Gas Gas Government Pipeline 279

OilPrice

JULY 3, 2025

When Chinese Xiaomi launched its first EV models last month, it sold more than 300,000 cars in a matter of three days. The electronics giant is eyeing international shipments in two years. Sinopec, meanwhile, is drilling for oil in Kazakhstan. The two are part of a growing trend: China is going global.

Electronics 289

Electronics Electronics Oil Government 289

OilPrice

JUNE 7, 2025

In the coming years, the global demand for copper is expected to increase significantly as it is used more widely for renewable energy projects and transmission. The Australian mining major BHP expects the demand for copper to grow by around 70 percent, to 50 million tonnes, by 2050, as it is used more widely for a range of applications.

Energy 317

Energy Energy IT 317

OilPrice

JUNE 10, 2025

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

Natural Gas 306

Natural Gas Gas Oil IT 306

OilPrice

JUNE 9, 2025

(NYSE: NOVA) has filed for bankruptcy protection under Chapter 11 amid continued struggles to continue doing business as sales weaken and debts grow. Sunnova warned investors earlier this year that there was a “substantial doubt” about its ability to continue as a going concern.

Operator 302

Operator IT Energy Energy 302

OilPrice

JUNE 13, 2025

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

Gas 339

Gas Condensate Oil Barrel 339

OilPrice

JULY 5, 2025

OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply cuts in a bid to capture market share amid peak summer demand.

Barrel 345

Barrel Oil IT 345

OilPrice

JUNE 18, 2025

Oil demand is set to plateau rather than drop off a cliff after it peaks, the International Energy Agency (IEA) predicted this week, citing “policy settings and market trends.” But here’s the thing about policy settings and market trends: they change. Indeed, OPEC is the only forecaster of demand that does not see it peaking anytime soon.

Oil 264

Oil Energy Energy IT 264

POWER Magazine

JUNE 24, 2025

Kathy Hochul said the state is ready to build a utility-scale nuclear power plant and would seek funding from the private sector to make it a reality. The governor on June 23 provided few details about the project, except to say it likely would be located in an upstate location. The post New York Gov.

Utilities 270

Utilities IT 270