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Home2025

Year: 2025

IEA
Crude Oil News

IEA Prepares to Walk Back Predictions of Peak Oil and Gas Demand

September 12, 2025 Mariel Alumit

The International Energy Agency, which has repeatedly predicted that global oil demand growth will peak before 2030, has drafted a report admitting that both oil and gas demand are set to continue growing for decades. […]

Woodside
Finance

Woodside secures final approval for North West Shelf Project extension

September 12, 2025 Mariel Alumit

Woodside Energy and its North West Shelf Joint Venture partners have received final environmental approval from the Australian Government for the North West Shelf Project Extension, one of Australia’s most significant LNG operations. The approval follows […]

DOE
Finance

DOE Earmarks $134MM for US Fusion Tech Programs

September 12, 2025 Mariel Alumit

The United States Department of Energy (DOE) has announced $134 million for two programs aimed at positioning the U.S. as a leader in emerging fusion technologies and innovation. “Under President Trump’s leadership, DOE is unleashing […]

Oil and Gas
Crude Oil News

Oil and Gas Workforce Shrinks

September 12, 2025 Mariel Alumit

The number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the […]

Entergy Texas
U.S Market

Entergy Texas receives PUCT approval for two power plants to support Southeast Texas growth

September 12, 2025 Mariel Alumit

The Public Utility Commission of Texas approved Entergy Texas’ proposal to build two highly efficient natural gas power plants that will provide enough reliable electricity capable of powering more than 300,000 homes and support the region’s rapid growth. […]

Europe
Crude Oil News

Europe succumbs to US ‘energy dominance’ at its own risk

September 12, 2025 Mariel Alumit

MILAN, Sept 11 (Reuters) – It may appear quite audacious for the world’s largest natural gas producer to demand that its biggest market stop buying from a competitor. But that’s exactly what unfolded this week […]

BlackRock
Crude Oil News

BlackRock, Global Banks Back Aramco’s Giant Gas Play

September 12, 2025 Mariel Alumit

With a price tag of a total $100 billion, the Jafurah development is described as the largest unconventional gas development outside the United States. Investors in Saudi Aramco’s Jafurah natural gas project have approached a […]

Crude Oil News

Ukrainian Drones Strike Russia’s Largest Oil Terminal for the First Time

September 12, 2025 Clark Savage

In a bold escalation of its campaign against Russian energy infrastructure, Ukraine’s Security Service (SBU) claimed responsibility for a drone strike on the Port of Primorsk, Russia’s premier oil-loading terminal on the Baltic Sea. This […]

ENB Pub Note

Big Oil Warns About A Looming LNG Supply Glut

September 12, 2025 Clark Savage

ENB Pub Note: Interesting article from Oilprice.com and Alex Kimani. With the U.S. looking to double its export capacity in the next 5 years, I can see why the CEO of TotalEnergies is saying there […]

EIA News

Northwest U.S. natural gas prices remain historically low in 2025

September 12, 2025 Stu Turley

Data source: Natural Gas Intelligence Note: Prices are adjusted for inflation based on June 2025 Bureau of Labor Statistics’ Consumer Price Index data. Monthly average natural gas spot prices in the northwestern United States reached historic lows […]

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