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Forty Under 40 2025: Saddle Up, Future CEOs

As Hart Energy announces the Forty Under 40 Class of 2025, industry movers and observers from Preng & Associates, Sidley Austin and the Energy Workforce & Technology Council take note of the challenges facing the up-and-coming workforce and come to the same conclusion: for companies to succeed, employees must feel heard.

US Diesel Demand in April Stronger Than Expected Despite Tariffs

Bloomberg News US diesel demand, a closely watched measure of the country’s economic health, was higher in April than early weekly estimates, the Energy Information Administration said in its monthly report. Distillate fuel oil demand was 3.88 million barrels a day in April, according to the agency’s latest Petroleum Supply Monthly report released Monday. That is 4.7% higher than early estimates published …

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Major Canadian Oil Site Vents Most Gas Since 2021 Due to Wildfire

Major Canadian Oil Site Vents Most Gas Since 2021 Due to Wildfire Cenovus Energy Inc.’s Christina Lake oil-sands site vented 151,511 cubic feet a day of natural gas into the atmosphere in May, the most in over four years, due to an emergency shutdown caused by a wildfire. The shutdown was prompted by a wildfire …

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Boom-and-Bust Oil Puts Houston at Center of Real Estate Crisis

President Donald Trump is championing a revival of American fossil fuels with calls to “drill baby drill.” But in the US energy capital, a pullback in the industry has already left its mark. Houston office buildings once packed with oil executives, engineers and energy traders are now marked by darkened floors and fewer desks. A wave of …

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Europe Drives LNG Import Growth as Asia Stumbles on Higher Price

(Reuters) – Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia. Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of this year, up 1.7% from the 205.11 million for the same period …

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