Oil and Gas Activity Contracted Slightly in Second Quarter 2025, Dallas Fed Survey

(Reuters) – Activity in the U.S. oil and gas sector in Texas, Louisiana and New Mexico contracted slightly in the second quarter of 2025, the Dallas Fed survey showed on…

US Crude and Gasoline Inventories Rise on Lower Exports, Demand, EIA Says

(Reuters) – U.S. crude oil and gasoline inventories rose unexpectedly last week as both exports and demand fell sharply, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose…

US Net Imports of Crude Soar Last Week to Highest in a Year, EIA Says

(Reuters) – U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest since June 2024, data from the Energy Information Administration showed, as export…

Oil Futures, Options Trade at Record Levels in Q2 as Investors Navigate Volatility

(Reuters) – Total oil futures and options lots traded on the Intercontinental Exchange (ICE) hit record highs in the second quarter, as U.S. President Donald Trump waged a trade war…

Russia’s Natural Gas Supply to Europe Drops

Russia’s natural gas exports to Europe via pipeline and LNG cargoes declined in the first half of 2025 from a year earlier as flows via Ukraine stopped and some buyers…

Australia’s Offshore Wind Plans in Limbo as Equinor Leaves Project

Norwegian energy major Equinor has walked away from a third offshore wind development project in Australia in another blow to the federal government’s plan to build an offshore wind industry.…

India Eyes New Sites to Boost Strategic Oil Reserves

India, the world’s third-largest crude oil importer, which depends on imports for about 85% of its daily consumption, considers building three new sites to raise its strategic petroleum reserves. Engineers…

Global Energy: Time to Take a Deeper Dive – William Lacey

By This time of year is a highlight for me as my inner nerd gets to have a who pile of data to look at. In the past BP used…

  • Gas
  • July 2, 2025
Holston Gases acquires Advanced Welding Supply in Alabama

Tennessee-based industrial gas distributor Holston Gases has acquired Advanced Welding Supply, a local welding supply company based in Alabama. The purchase gives Holston its ninth location in Alabama and 45th…

China Continues to Buy a Lot of Iranian Crude Oil

Chinese refiners continue to buy high volumes of crude oil from Iran, with first-half imports at the major port clusters estimated at nearly 1.4 million barrels per day (bpd), according…