Ranked: The World’s Top 25 Countries by Oil Consumption

CDN and International News, Conventional Energy, Latest, Oil / By

By Dorothy Neufeld | Graphics/Design by Sabrina Lam Original: www.visualcapitalist.com/the-worlds-top-25-countries-by-oil-consumption/ Key Takeaways In 2024, U.S. oil consumption stood at 19 million barrels per day, a change of -0.1% from the previous year. China follows next, with 16.4 million barrels per day, changing -1.2% over the year. Over the past decade, India’s oil consumption has grown …

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Enbridge Announces Two Gas Transmission Projects as it Continues to Capitalize on Growing Natural Gas Demand

Energy Topics & Technology, Latest, Natural Gas, Pipelines, Press Releases / By

CALGARY, AB, Sept. 2, 2025 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it has reached a final investment decision on two attractive Gas Transmission projects. The Company signed commercial agreements for the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement) which is expected to increase deliveries on Algonquin Gas Transmission pipeline to …

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Diamondback Energy, Inc. Announces the Sale of Its Equity Interest in Epic Crude Holdings, LP

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, Press Releases / By

MIDLAND, Texas, Sept. 02, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) today announced that its wholly owned subsidiaries have entered into a definitive agreement to sell their 27.5% equity interest in EPIC Crude Holdings, LP (“EPIC Crude”), an affiliate of EPIC Midstream Holdings LP, to a wholly owned subsidiary of Plains All American …

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Enbridge Gives Go Ahead for Two Natural Gas Transmission Projects

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines, US News / By

CALGARY – Enbridge Inc. says it is going ahead with a pair of natural gas transmission projects. The company says it expects to spend US$300 million on the Algonquin Reliable Affordable Resilient Enhancement project which will increase deliveries from the Algonquin Gas Transmission pipeline to existing local distribution company customers in the U.S. Northeast. Subject …

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Asia Crude Oil Imports Surge in August, But is it Demand or Prices?

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(Reuters) – Asia’s imports of crude oil rebounded in August as heavyweight buyers China and India bought more crude from top exporters in the Middle East. The world’s top importing region saw arrivals of 27.18 million barrels per day (bpd) in August, up from 24.91 million bpd in July and also above the 26.39 million …

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West Hits ‘Peak Sanctions’ on Russia’s Energy Sector

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Summary Number of Western sanctions surges following Russia’s invasion of Ukraine Russian crude has traded above G7 price cap for most of the time China imports LNG from sanctioned Russian plant for first time in August (Reuters) – The complex web of Western sanctions targeting Russia’s oil and gas industry has failed to impede Moscow’s …

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