Oil & Gas 360º

JUNE 12, 2025

(World Oil) – This first-of-its-kind deployment signals a step change in how safety and operational assurance can be managed in offshore wind, with WindSafe introducing real-time visibility, predictive analytics, and intelligent automation to enhance performance and reduce risk at scale.

IT

OilPrice

JULY 20, 2025

Norway has major plans to expand its hydropower capacity through expansion projects and new developments. In addition, Norway aims to ramp up its hydropower production in the coming years to supply clean power as the domestic energy demand continues to rise. In July, the DoE said that it had extended…

Energy

OilPrice

JULY 23, 2025

The UK government has raised the maximum prices it is willing to guarantee developers of wind power projects in a bid to reinvigorate investment in renewable energy and keep its ambitious decarbonization targets on track.

Supply Chain

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

OilPrice

JULY 14, 2025

Venture Global has quietly begun producing LNG from Phase 2 of its Plaquemines export terminal in Louisiana, sources told Reuters, marking a significant step in the company's ongoing strategy to front-load spot market profits while delaying deliveries to long-term customers. per MMBtu in Q2 2025—well above the $2.66

IT

OilPrice

JULY 12, 2025

Since the Russian invasion of Ukraine in February 2022, the European Union has been working to decrease its dependence on Russian energy. Now, the EU and several energy experts believe that Europe will not need to go back to using Russian gas in the future, having successfully strengthened and diversified…

Gas

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

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

OilPrice

JULY 25, 2025

PetroChina has quietly approved a multi-billion-dollar refinery and petrochemical complex in northeast China’s Dalian, marking a strategic shift amid declining fuel demand and growing petrochemical appetite. The final investment decision has been made, according to multiple sources, but it has not yet been formally announced.

Refinery

Mees

JUNE 13, 2025

Dubai has increased its 2030 clean energy capacity target from 25% to 34%. It has added 800MW of renewable capacity already this year, but strong demand growth means gas remains central.

IT

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

OilPrice

JULY 25, 2025

Shell has taken a final investment decision (FID) on the development of the Mina West offshore gas field in Egypt’s Mediterranean waters, a move aimed at alleviating the country’s widening domestic supply gap and reinforcing its integrated gas strategy.

Gas

OilPrice

JULY 28, 2025

Shares of U.S. LNG producers jumped in early trading Monday after the European Union agreed to dramatically increase its energy imports from the United States, pledging $250 billion in annual purchases under a new transatlantic trade framework. The move includes LNG, oil, and nuclear energy and was announced in Brussels earlier today.

Energy

OilPrice

JULY 16, 2025

From pioneering technologies that shattered geological limits to building empires that outmuscled governments, these oil titans didn’t follow the energy industry — they dragged it behind them. Some were wildcatters with nothing but a hunch and a homemade rig. Others were empire-builders who transformed family fortunes into multinational juggernauts.

Oil

POWER Magazine

JUNE 25, 2025

Centrus Energy has produced and delivered 900 kilograms (kg) of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy (DOE), completing Phase II of its pioneering enrichment contract with the agency.

Completion

OilPrice

JUNE 8, 2025

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. Coal use peaked between 2000 and 2005 but has since…

Energy

OilPrice

JULY 14, 2025

Saudi Arabia seeks to raise its solar and wind power capacity with multi-billion-dollar deals. 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.

Oil

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

OilPrice

AUGUST 3, 2025

Egypt has been steadily increasing its renewable energy capacity in recent years in a bid to enhance its energy security. By 2024, Egypt had a total installed capacity of renewable energy of almost 7.8 While its hydropower segment has remained stable at around 2.8 GW since 2018, it has significantly expanded its wind and solar energy sectors.

Energy

Oil & Gas 360º

JULY 25, 2025

The analysis attributes the continued breadth and depth of the emissions decline to ongoing improvements in equipment as well as increasing deployment of new technologies—from AI-driven analysis of operational data to on-the-ground sensors, aircraft overflights and satellites—that make it possible to detect leaks with greater speed and accuracy.

E&P

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

OilPrice

JULY 22, 2025

This month, Finland switched on the world’s biggest sand battery, which will “enable residents to eliminate oil from their district heating network, thereby cutting emissions by nearly 70 percent,” according to Euro News. The battery, built by Finnish company Polar Night Energy, employs a form of thermal energy storage by using…

Energy

OilPrice

JULY 1, 2025

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.

Government

OilPrice

JULY 15, 2025

The Energy Institute recently published its updated energy report, the 2025 Statistical Review of World Energy, showing data through the year 2024. In this post, I identify trends in the new data that I consider worrying. These trends help explain the strange behaviors that we have been seeing from governments recently.

Energy

OilPrice

JULY 10, 2025

“There is no peak oil demand on the horizon,” OPEC Secretary General Haitham Al Ghais wrote in the foreword of OPEC’s latest World Oil Outlook (WOO), which sees global oil demand growing by about 19% from now until 2050 to reach 123 million barrels per day (bpd).

Oil

OilPrice

JUNE 25, 2025

China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project in the South China Sea, boosting domestic output by 4.5 billion cubic meters (bcm) per year.

BCM

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

OilPrice

JULY 17, 2025

Chevron has effectively reached its long-term production goal of 1 million barrels of oil equivalent per day (boe/d) in the Permian Basin—and from here, it’s shifting gears. That number isn’t just aspirational. Chevron has already reduced its rig count from 13 to 9 and cut frack crews from 4 to 3 this…

Basin

OilPrice

JULY 5, 2025

Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, SOTE and OCP, halted flows due to worsening erosion in the Amazonian province of Napo.

Pipeline

OilPrice

JUNE 25, 2025

According to energy data portal Cleanview, five years ago, the United States had 74 times more wind farm capacity and 30 times more solar capacity than battery capacity within its power generation system. However, steady cost declines coupled with rising energy density levels have encouraged utilities to ramp up their battery installations, with…

Utilities

OilPrice

JULY 10, 2025

The world will need as much as 19.5 million barrels per day (bpd) of new refining capacity by 2050 to meet rising global oil demand, OPEC said in its 2025 World Oil Outlook (WOO) with forecasts through the middle of the century.

Barrel

POWER Magazine

APRIL 9, 2025

Colorado-based wholesale public power provider Platte River Power Authority announced it is working with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to develop the electric utility's first large-scale battery energy storage project.

Utilities

OilPrice

JUNE 12, 2025

The UK’s grid operator has seen its balancing costs jump as more wind farms in Scotland are being paid not to produce electricity to not overburden the constrained network in the region.

Operator

OilPrice

JULY 19, 2025

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.

Natural Gas

POWER Magazine

JUNE 18, 2025

Small modular reactor (SMR) technology developer NuScale Power has unveiled research programs that could advance an energy system that integrates its nuclear technology to produce desalinated water and hydrogen, while reusing brine waste as an industrial feedstock. The research, developed in partnership with the U.S.

Energy

OilPrice

JULY 21, 2025

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.

Energy

POWER Magazine

AUGUST 1, 2025

Biogas doesn’t just offer a backup plan for tech companies seeking more power; it provides a blueprint for sustainability. 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.

Energy