On June 21, 2025, the U.S. military, under President Donald Trump’s directive, struck three key Iranian nuclear facilities—Fordo, Isfahan, and Natanz—escalating an already volatile conflict between Israel and Iran. These strikes, aimed at crippling Iran’s […]
In a bold move signaling a strategic pivot toward the energy transition, Chevron Corporation (NYSE: CVX) has entered the U.S. lithium market with the acquisition of approximately 125,000 net acres across the lithium-rich Smackover Formation […]
A prominent Texas oil family stands to gain significantly from a potential $8-billion deal with Mitsubishi Corporation, highlighting the enduring allure of the oil and gas sector. The transaction, reported by OilPrice.com, underscores not only […]
The United Kingdom stands at a crossroads. For years, the nation has championed its Net Zero by 2050 target, a legally binding commitment to slash greenhouse gas emissions and transition to a clean energy future. […]
Data source: U.S. Energy Information Administration analysis based on Vortexa tanker tracking Note: 1Q25=first quarter of 2025. figure data The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and […]
California’s electric grid, often celebrated for its renewable energy ambitions, is buckling under the weight of its own complexity and external pressures. Nowhere is this more evident than in the Kern River Valley, where a […]
The U.S. energy sector is navigating a paradoxical landscape: rig counts are declining, yet crude oil and liquefied natural gas (LNG) production continue to climb. This trend, driven by improved drilling efficiencies and strategic focus […]
Across the United States, soaring electricity bills are igniting political debates, with voters and policymakers pointing fingers at state energy policies, infrastructure challenges, and federal decisions. As energy costs outpace inflation, the issue is poised […]
LNGPrime has an update at the bottom for this month’s India LNG import statistics. I have added the Energy Mix for India, and who they are buying their oil and LNG. Is Oil & Gas […]
Oil prices dipped 2% in early trading today as Donald Trump appeared to step back from joining Israel’s attacks on Iran, while the waters in the Middle East remain busy, and dangerous thanks to vastly […]
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