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August 28, 2025
U.S. Shale Bets on Efficiency Gains Amid Budget Cuts  | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Aug 28, 2025, 5:00 PM CDT U.S. shale is in “wait-and-see” mode as...
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Two SLB OneSubsea™ subsea compressor stations recently came online at Ormen Lange, the second largest gas field in Norway. The subsea compressor stations will help Shell unlock 30–50 billion cubic meters of additional gas reserves for export to Europe. Source
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Borr Drilling has announced contract awards for two of its premium jack-up rigs to operate in the North Sea as well as offshore Congo, West Africa. The contracted work will span over 300 days and represent more than $43 million in contract revenue backlog, Borr Drilling said. Source
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Bolivia’s Gas Exports at Crossroads After MAS Defeat | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Aug 28, 2025, 3:00 PM CDT The Bolivian presidential election,...
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Odfjell Technology has signed a two-year contract with Vercana GmbH, Vulcan Group’s drilling subsidiary, to provide tubular running services (TRS) to Vulcan Group’s Phase One Lionheart Project in Germany. Source
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Global energy company Natpower is set to dwarf a key Labour investment in battery storage development as it said £1bn would be injected into one of the largest storage sites in the UK.  The new battery storage project on Sembcorp Utilities’ Wilton International Site near Middlesbrough will receive £1bn in private funding with “no government...
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Alberta is projecting a wider deficit for the current fiscal year as oil prices fall, denting a key source of revenue for Canada’s top energy-producing province. Source
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California Faces High Pump Prices as Phillips 66 Shuts LA Refinery | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Aug 28, 2025, 1:30 PM CDT Phillips 66 will begin shutting down...
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Oil Trading Giant Vitol Eyes Syrian Crude | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 28, 2025, 1:00 PM CDT Most Western sanctions on Syria have been lifted, allowing for the resumption of oil and gas operations. Vitol Group, the world’s...
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Exxon Sees 20% Gas Demand Growth by 2050, U.S. Nearing Records in 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 28, 2025, 12:31 PM CDT Exxon projects global natural gas demand will rise more than 20% by 2050 from 2024 levels, driven by...
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