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Home2025

Year: 2025

Crude Oil News

TotalEnergies Wins Legal Battle to Shut Down North Sea Oil Fields

August 13, 2025 Clark Savage

In a significant blow to the UK’s domestic energy production, French energy giant TotalEnergies has secured a High Court victory allowing it to decommission the Gryphon floating production, storage, and offloading (FPSO) vessel in the […]

Cheniere
Coal

The United States exported 30% of the energy it produced in 2024

August 13, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Monthly Energy Review Data values: Primary Energy Overview and Primary Energy Exports by Source Note: Other includes biomass, coal coke, and electricity. In 2024, the United States exported about 30% of its domestic primary energy production. This percentage has […]

Gastrade
Imports

Greece’s Gastrade restarts Alexandroupolis FSRU ops

August 13, 2025 Mariel Alumit

Gastrade announced the resumption of unloading and regasification services at the Alexandroupolis LNG terminal on Monday. “Such services will become available at a maximum regasification capacity of 45.4 GWh/day, including redundancy with respect to its […]

NextDecade
Exports

NextDecade secures equity commitments for fourth Rio Grande LNG train

August 13, 2025 Mariel Alumit

NextDecade said in an SEC filing on Monday that its units have entered into subscription agreements with subsidiaries of TotalEnergies and GIP. Under the agreements, TotalEnergies will provide up to $300 million for a 10 […]

Venture Global
Earnings

Venture Global’s Q2 revenue reaches $3.1 billion

August 13, 2025 Mariel Alumit

The company said on Tuesday its second-quarter income from operations of $1 billion rose 186 percent year-on-year, net income $0.4 billion rose 21 percent year-on-year, and consolidated Adjusted Ebitda of $1.4 billion increased 217 percent […]

Big Oil Companies

Net Zero Is Being Redefined as Global Failures Mount

August 13, 2025 Andy Del Prado

We are witnessing a total fiscal collapse and deindustrialization in the UK, the EU, and Canada, primarily due to the implementation of Net Zero policies. This and other stories confirm today the path for the […]

ExxonMobil
Big Oil Companies

Trinidad Awards Deepwater Blocks to ExxonMobil and Could See $21.7 Billion Investment

August 12, 2025 Clark Savage

In a significant boost to its energy sector, Trinidad and Tobago has awarded a massive deepwater exploration area to ExxonMobil, marking the oil giant’s return to the twin-island nation after a two-decade hiatus. The deal, […]

Earnings

BKV Corporation Reports Second Quarter 2025 Financial and Operational Results, Updated 2025 Guidance, Strategic Barnett Shale Acquisition, and Carbon Sequestered Gas Deal

August 12, 2025 Clark Savage

DENVER – BKV Corporation (NYSE: BKV), a leading independent energy company focused on natural gas production, midstream operations, and carbon capture initiatives, released its second quarter 2025 financial and operational results today. The company highlighted […]

Crude Oil News

Oil Prices Dip as Market Awaits EIA Report

August 12, 2025 Clark Savage

Oil prices experienced a modest decline on Tuesday, reflecting trader caution ahead of the U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook report. Brent crude futures fell 20 cents, or 0.3%, to $66.43 a […]

Crude Oil News

Governor Newsom has no solutions how to run California’s economy without crude oil

August 12, 2025 Clark Savage

California Governor Newsom remains oblivious to the economy’s demands for a supply chain of products and transportation fuels currently derived from fossil fuels. He seems unaware that so-called renewables like wind and solar CANNOT make […]

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