Wednesday, September 3, 2025

China Will Drive Energy Growth in Upcoming Years: EIA

Natural gas, renewables expected to grow significantly The EIA released this year’s International Energy Outlook today, outlining expected trends in energy through 2040. The International Energy Outlook predicts that total world energy consumption will grow by 28%between 2015 and 2040, primarily driven by non-OECD countries. Non-OECD Asia will account for 60% of all energy consumption growth in the period. Significant

Sabinal Energy Jumps into Permian

Sabinal gets 66,500 acres in northern Permian from Chevron Privately-held Sabinal Energy announced its first acquisition on Tuesday, diving into the Permian Basin. Sabinal will purchase about 66,5000 net acres in the Central Basin Platform and the Northern Shelf from Chevron (ticker: CVX). Sabinal reports that the acquired assets are currently producing about 7,500 BOEPD and are located in Hockley,