Monday, December 1, 2025
Republicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive- oil and gas 360

Republicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive

(Oil Price) – Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives signed in April to boost production and preserve baseload capacity, as outlined in a White House executive order. The message to

US natural gas exports to Mexico hit record highs, EIA says- oil and gas 360

US natural gas exports to Mexico hit record highs, EIA says

(BOE Report) – U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico’s demand for natural gas increases, the U.S. Energy Information Administration said on Monday. On an annual basis, U.S. natural gas pipeline exports to Mexico averaged 6.4 bcfd in 2024, a

SLB exceeds profit expectations on strong North American demand- oil and gas 360

SLB exceeds profit expectations on strong North American demand

(Oil Price) – The world’s biggest oilfield services provider, SLB (NYSE: SLB), on Friday reported higher-than-expected earnings for the third quarter as revenue from its North American business jumped by 17% from the second quarter and by 14% from a year earlier. SLB booked adjusted earnings per share (EPS) of $0.69 for the third quarter, lower than the second quarter of 2025 and

North Sea recoverable oil and gas resources rise 31% after last licensing round, new report shows- oil and gas 360

North Sea recoverable oil and gas resources rise 31% after last licensing round, new report shows

(World Oil) – The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels of oil equivalent (Bboe) at the end of 2024, according to the latest Reserves and Resources Report published by the North Sea Transition Authority (NSTA). While total reserves declined slightly year-on-year, the report highlights a significant 31% increase in prospective resources, now estimated

Trump’s India squeeze to push Russian oil further into the shadows: Bousso-oil and gas 360

Trump’s India squeeze to push Russian oil further into the shadows: Bousso

(BOE Report) – Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market. The U.S. president said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, an agreement

Oil prices fall as concerns about supply glut mount- oil and gas 360

Oil prices fall as concerns about supply glut mount

(Investing) – HOUSTON  -Oil prices fell around 1% on Monday as investors weighed a potential global glut, with U.S.-China trade tensions adding to concerns about an economic slowdown and weaker energy demand. Brent crude futures were down 57 cents, or 0.93%, at $60.72 a barrel as of 11:25 a.m. EDT (1525 GMT), while U.S. West Texas Intermediate futures fell 42 cents, or