Friday, July 4, 2025
Japan's Tokyo Gas eyes long-term U.S. LNG supply deals amid rising demand- oil and gas 360

Japan’s Tokyo Gas eyes long-term U.S. LNG supply deals amid rising demand

(World Oil) – Tokyo Gas Co. is in discussions with multiple U.S. liquefied natural gas suppliers to secure a long-term purchase agreement, as rising energy demand leaves Japan increasingly dependent on the fuel source. Japan’s largest gas distributor is in talks with at least four companies over supply from projects dotting the U.S. Gulf Coast, according to people with knowledge

Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America- oil and gas 360

Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025. As a regulator of the nation’s largest oil and natural gas producing state, I’ve seen these scary headlines many times before, but here’s the good news: they are always wrong.

Trump to nominate Swett for FERC head, chair says- oil and gas 360

Trump to nominate Swett for FERC head, chair says

(Investing) – WASHINGTON-U.S. President Donald Trump will nominate Laura Swett as chair of the Federal Energy Regulatory Commission, the current head of the panel and a White House official said. Swett, an energy lawyer with Vinson & Elkins, represents pipeline and power companies in cases before FERC and has been an adviser to a chair and a commissioner, both Republicans, at

Colombia oil investments could Hit $4.68 Billion in 2025- oil and gas 360

Colombia oil investments could Hit $4.68 Billion in 2025

(Oil Price) – Crude oil and natural gas investments in Colombia could rise to $4.68 billion this year, from $4.33 billion in 2024, the country’s oil and gas industry association said, adding that this will not lead to higher production. “Today more investment is required to produce the same amount of oil, due to the natural depletion of the fields and

Energy Market Assessment: Why many are likely to soon be caught very natural gas short- oil and gas 360

Energy Market Assessment: Why many are likely to soon be caught very natural gas short

(Oil & Gas 360) –   Electricity Data For The Month Of March Highlights Why Many Are Likely To Soon Be Caught Very Natural Gas Short   More energy needed to power the much needing to be done had 3.2% more electricity generated in March than last year.  Grid connected electricity generation plus small-scale solar averaged 11.030-billion-kilowatt hours per day (Bkwh/d) in

Energy Market Assessment: Headlines continuing to paint a bearish oil & natural gas picture during the month of May- oil and gas 360

Energy Market Assessment: Headlines continuing to paint a bearish oil & natural gas picture during the month of May

(Oil& Gas 360) – Headlines Continuing To Paint A Bearish Oil & Natural Gas Picture During The Month Of May Are Keeping Steadily-Tightening, Temporarily Hidden.   Wednesday’s main oil market headline was that U.S. inventory increased again.  The main headline from Wednesday morning’s release of the Department of Energy’s (DOE’s) Weekly Petroleum Status Report was that “U.S. crude oil inventory increased again.” 

Saudi Aramco seeks investors in Jafurah infrastructure assets, sources say- oil and gas 360

Saudi Aramco seeks investors in Jafurah infrastructure assets, sources say

(BOE Report) – Saudi oil giant Aramco is seeking investors in infrastructure, including pipelines, for its $100 billion Jafurah gas project, two people familiar with the matter told Reuters. The Jafurah project is key to Saudi Aramco’s ambitions to become a major global player in natural gas and to boost its gas production capacity by 60% by 2030 from 2021 levels.

NRG Energy to buy $12 billion worth of assets amid power demand supercycle- oil and gas 360

NRG Energy to buy $12 billion worth of assets amid power demand supercycle

(Oil Price) – NRG Energy will buy a portfolio of gas-fired power generation facilities valued at $12 billion from LS Power Equity Advisors, as the Houston-based firm bets on the growing U.S. electricity demand. The deal for the portfolio of natural gas generation facilities and a commercial and industrial virtual power plant (C&I VPP) platform from LS Power will be a

Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion- oil and gas 360

Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion

Publisher’s Note: Flotek Industries will present at EnerCom Denver—The Energy Investment Conference on August 17-20, 2025. Register to attend.  (Oil & Gas 360) – HOUSTON, April 28, 2025 /PRNewswireOpens in new window/ — Flotek Industries, Inc. (“Flotek”) (NYSE: FTK) and ProFrac Holding Corp. (NASDAQ: ACDC) (“ProFrac”) today jointly announced Flotek’s acquisition of power generation assets and related intellectual property (the “Acquired Assets”)

Drillers in Canada shift to natural gas as trade war drives down oil prices- oil and gas 360

Drillers in Canada shift to natural gas as trade war drives down oil prices

(World Oil) – Drillers in Canada’s energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices. The number of licenses for new gas wells issued in the first quarter rose 26% from the previous quarter to 308, the highest quarterly total in two years,

Abu Dhabi’s ADNOC mulls bid for Aethon’s US natgas assets, Bloomberg News reports- oil and gas 360

Abu Dhabi’s ADNOC mulls bid for Aethon’s US natgas assets, Bloomberg News reports

(BOE Report) – Abu Dhabi state oil company ADNOC is considering a bid for natural gas assets of investment firm Aethon Energy Management that could potentially be worth about $9 billion, Bloomberg News reported on Friday, citing people familiar with the matter. ADNOC has done a string of acquisitions in gas and chemicals, which along with LNG and renewables it