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.

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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 in 2024—making it the leading energy source in recent years, surpassing both coal and oil. quadrillion BTUs in 1950 to 39.2 Coal use peaked between 2000 and 2005 but has since…

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Oil & Gas 360º

JULY 7, 2025

(Oil Price) – A new oil pipeline to Canada’s Pacific coast is highly likely to make it to the federal government’s list of projects of national interest, Canadian Prime Minister Mark Carney told Calgary Herald in an interview published this weekend. “I

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OilPrice

JULY 9, 2025

Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the U.S.-based The potential deal would further cement Aramco’s push into the global LNG market as it accelerates efforts to diversify beyond crude oil exports.

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Oil & Gas 360º

JUNE 23, 2025

(World Oil) – Citing the latest Current Employment Statistics (CES) report from the U.S. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office.

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Oil & Gas 360º

JULY 11, 2025

(Oil Price) – Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output and stronger refining margins. Brent oil prices averaged $67.88 BP is not the only supermajor to have warned that the lower oil prices in the second quarter would hurt profits.

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Rigzone

JUNE 27, 2025

Image by Vadym Plysiuk via iStock In an EBW Analytics Group report sent to Rigzone by the EBW team on Friday, Eli Rubin, an energy analyst at the company, highlighted an “implosion over the past week” in the July natural gas contract. “The July natural gas contract rolled off the board at $3.261 yesterday - a 72.8¢

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Oil & Gas 360º

JUNE 25, 2025

Register to attend. (Cowboy State Daily) – A revolution in drilling technology is transforming Wyoming’s Powder River Basin, turning what was once an economically challenging oil play into a more promising frontier, according to energy insiders and locals watching it unfold. The revolution centers on horizontal drilling.

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Marcellus Drilling News

JULY 11, 2025

REGIONS: New York has got to face reality – we need natural gas; NATIONAL: TC Energy is bolstering America’s energy dominance through critical investments; Geothermal energy may be poised for growth thanks to shale drilling advances; Why is every natural disaster being politicized?;

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Marcellus Drilling News

JUNE 24, 2025

Diversified Energy and global investment firm Carlyle have formed a strategic partnership to invest up to $2 billion in proved developed producing (PDP) natural gas and oil assets across the U.S.

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OilPrice

JUNE 24, 2025

Oil prices dropped dramatically after a surprisingly speedy ceasefire was agreed between Israel and Iran, although the peace remains fragile.- BCf/d on 24-25 June, greatly slowing down the pace of US natural gas storage injections this week.- Henry Hub gas futures… .- Henry Hub gas futures…

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Oil & Gas 360º

JULY 14, 2025

(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. The country aims to boost its current oil production of about 1.1

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Rigzone

JULY 7, 2025

Image by Yutthana Gaetgeaw via iStock According to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently, the world’s top natural gas producer last year was the United States. exajoules of natural gas in 2024, which represented a yearly reduction of 0.3 produced 37.19

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Rigzone

JUNE 30, 2025

crude oil and natural gas proved reserves figures in a report posted on its site recently. Energy Information Administration revealed its latest U.S.

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BOE Report

JUNE 20, 2025

GATINEAU, QC, June 20, 2025 /CNW/ – The Competition Bureau has reached a consent agreement with Canadian Natural Resources Limited to address competition concerns related to its proposed acquisition of Schlumberger N.V.’s interest in 16 natural gas processing plants in southeastern Alberta. The Bureau [Read more]

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Natural Gas Gas Oil Energy 71

Marcellus Drilling News

JUNE 24, 2025

Natural gas price slides below $3.90 as momentum cools after failed breakout; How the end of carbon capture could spark a new industrial revolution; INTERNATIONAL: Oil settles. REGIONS: New York launches first nuclear energy project in US in 15 years; NATIONAL: What if the foundation of the climate scare was a calculated lie?;

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Rigzone

JULY 3, 2025

Image by Anatolii Yakovets via iStock According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the world’s top oil producer is the United States. produced 20.135 million barrels of oil per day in 2024. oil production has seen an average yearly growth rate of 5.5

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Rigzone

JULY 8, 2025

Image by Midnight Studio via iStock According to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently, the world’s top natural gas consumer in 2024 was the United States. exajoules of natural gas last year, which represented a 1.3 natural gas demand was 26.00

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Rigzone

JULY 4, 2025

Image by Professor25 via iStock The world’s top oil consumer in 2024 was the U.S., percent of total oil demand in 2024. percent of total oil demand in 2024. oil consumption has grown by an average of 0.5 percent of total oil demand in 2024, the report revealed. percent year on year decrease and 18.7

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Oil & Gas 360º

JULY 10, 2025

(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. First quarter 2025 average production was approximately 11 Mboe/d, of which 98% was liquids, 2% was natural gas.

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Rigzone

JUNE 23, 2025

Image by McFranki via iStock In a statement posted on its site recently, the Texas Railroad Commission (RRC) revealed its latest preliminary crude oil and natural gas production figures. The RRC noted in the statement that crude oil and natural gas production for March came from 157,192 oil wells and 83,898 gas wells.

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OilPrice

JUNE 19, 2025

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the firm has said.

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Gas Natural Gas Petroleum Oil 176

Oil & Gas 360º

JUNE 16, 2025

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)

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Hydraulic Fracturing E&P Energy Energy 130

Oil & Gas 360º

JULY 7, 2025

(Investing) – A consortium led by ExxonMobil (NYSE: XOM ) has discovered a natural gas reservoir off the coast of Cyprus, according to a government announcement on Monday. The drilling operation found preliminary indications of a 350-meter gas-bearing reservoir at a depth of 1.9

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Rextag

JULY 2, 2025

Rising demand for natural gas and favorable policy support are driving major U.S. producers and pipeline operators to revisit plans for new infrastructure in Appalachia—the country’s most productive gas region. During the winter of 2024–2025, heating a home with oil cost roughly twice as much as with natural gas.

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Marcellus Drilling News

JULY 9, 2025

earnings hit from lower oil, gas prices; Can oil and gas solve the AI power dilemma?; LNG feedgas demand rose last week; Celebrate American independence by advancing energy dominance; INTERNATIONAL: Oil rises again on Middle East tensions; Who is the world’s top natural gas consumer?

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Rigzone

JUNE 19, 2025

million barrels of oil equivalent. million barrels of oil equivalent. Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery. million standard cubic meters of oil equivalent (approximately 30.8

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Enverus

JULY 2, 2025

EIR’s report focuses on the outlook for oil and gas prices driven by supply and demand fundamentals, as well as the impact from OPEC actions, global oil demand, U.S. natural gas price outlook and the Iran-Israel conflict. We think oil markets are balanced,” said Al Salazar, report author and director at EIR. “We

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BOE Report

JULY 11, 2025

energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas [Read more]

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BOE Report

JUNE 27, 2025

energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by seven to [Read more]

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Rextag

JUNE 20, 2025

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. The average price for oil sands leases has fallen to C$771 per hectare, down 18% from last year. In March, Synergy Land Services Ltd.

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Gas Oil Natural Gas Condensate 52

Oil & Gas 360º

JULY 15, 2025

(World Oil) – MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, has emerged as the frontrunner to buy a minority stake in Petronas’ Canadian business, people familiar with the matter said.

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Natural Gas Gas Energy Energy 130

Enverus

JUNE 18, 2025

Developers are eyeing nuclear energy, natural gas with CCS, and recently, geothermal. In this presentation prepared for EVOLVE 2025 we see a future where power demand doubles, oil demand peaks and renewables grow, albeit with the robust support of natural gas. Enverus Intelligence® | Research, Inc.

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BOE Report

JULY 9, 2025

natural gas production and 750 barrels per day of U.S. natural gas liquids output during the second quarter due to weak prices. oil and gas producer also completed the sale of its New Mexico assets [Read more] APA Corp said on Wednesday it curtailed about 10 million of cubic feet per day (MMcfpd) of U.S.

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Oil & Gas 360º

JUNE 25, 2025

Register to attend. (World Oil) – Diversified Energy Company PLC, a leading publicly traded natural gas and liquids production company, and global investment firm Carlyle have today announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S.

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Oil & Gas 360º

JULY 3, 2025

Natural Gas Inventories as of June 27, 2025 The EIA has released its natural gas inventory report, showing a net increase of 55 Bcf as of June 27, 2025. Working gas in storage was 2,953 Bcf as of Friday, June 27, 2025, according to EIA estimates. This represents a net increase of 55 Bcf from the previous week.

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Oil & Gas 360º

JUNE 19, 2025

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)

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