Natural Gas Price Drops Below $3 ‘Amid Lack of Support’

In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, outlined that the natural gas price dropped below $3…

US-India Standoff is About More Than Russian Oil

(Reuters Breakingviews) – The standoff between the U.S. and India may well get worse before it gets better. Having slapped a 25% tariff on goods the South Asian country sends…

POWERING UP! How Prepared Are U.S. Grid Operators for Extreme Heat This Summer?

(Reuters) – Grid operators across the U.S. are revamping their forecasting methods, introducing reforms to power markets and streamlining interconnection processes to quickly connect more energy to the grid, as…

Record Production at Exxon and Chevron Humbles European Rivals: Ron Bousso 

*Exxon, Chevron oil and gas production hit record in Q2 *Shell production drops to lowest in at least 20 years, BP’s drops from year ago Get the Latest US Focused Energy News Delivered…

Diamondback Warns of Oil Supply Excess

Diamondback Energy expects a jump in crude oil production globally in the second half of the year, which could lead to a glut, the company’s chief executive said in a…

Petronas Looks to Sell Brazil Field Stake

Malaysia’s Petronas is looking for buyers for its 50% stake in the Tartaruga Verde field in Brazil, eyeing proceeds of up to $1 billion, Bloomberg has reported, citing unnamed sources.…

Asia’s Coal Imports Dip as China and India Cut Purchases

Asia’s imports of thermal coal by sea slipped by nearly 8% in July from a year earlier, as a rebound in Japanese and South Korean purchases couldn’t offset declines in…

Where Did ExxonMobil’s Oil, Gas Output Come From in 2Q?

ExxonMobil revealed a breakdown of its oil and gas production in the second quarter of this year in its latest results statement, which was posted on the company’s website recently.…

Indian Energy Exchange Reports Record Power Trade Volume of 12,664 MU in July 2025

Indian Energy Exchange (IEX) recorded its highest-ever monthly electricity trade volume in July 2025, reaching 12,664 million units (MU), including Trade of Renewable Energy Attributes (TRAS). This marks a 25.5%…

Iberdrola Spain and Burger King® Sign Solar Power Agreement to Supply 900+ Restaurants

Iberdrola Spain, the Spanish subsidiary of Iberdrola, has signed a new long-term Power Purchase Agreement (PPA) with Burger King® for an additional 34 MW of photovoltaic energy. With this latest…