Oil & Gas 360º
MARCH 11, 2025
crude oil supply growth smaller than what it has been/ what is expected fuels our bullish oil outlook. lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). Bcf/d year-2020 low (green line). Figure 10: Weekly Change in Total U.S.
Oil & Gas 360º
MARCH 10, 2025
While major gas deposits were found in the Outeniqua Basin in 2019 and 2020, operational challenges have impacted development. Meanwhile, the South Africa National Petroleum Company (SANPC) launched in September 2024 strives to facilitate greater investment in exploration, natural gas monetization and infrastructure development.
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The Energy Law
SEPTEMBER 6, 2007
Crude oil was up over $2 per barrel. If US LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020.) Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). MMBtu UP $0.17 West Texas Intermediate Spot $75.74/Bbl
Crude Oil Futures
OCTOBER 24, 2024
The situation escalated in 2020, leading to a deadly clash between Indian and Chinese troops. The disputed 3,440-kilometer border between China and India, known as the Line of Actual Control (LAC), has been a source of tension for decades. Both sides have accused the other of encroaching on disputed territories.
Drillers
MARCH 24, 2020
Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa. Nigeria joined OPEC in 1971 before it even had its own state oil company. The dispute continues as local communities sue oil companies for damages with mixed success.
The Energy Law
SEPTEMBER 29, 2020
On July 15, 2020, The Third Circuit Court of Appeals issued an opinion awarding damages for a violation of due process rights against a private pipeline company. 1] (“ Bayou Bridge ”) centers around the construction of a crude oil pipeline from the Clifton Ridge terminal in Lake Charles, Louisiana to a marketing hub in St.
The Energy Law
SEPTEMBER 29, 2020
On July 15, 2020, The Third Circuit Court of Appeals issued an opinion awarding damages for a violation of due process rights against a private pipeline company. 1] (“ Bayou Bridge ”) centers around the construction of a crude oil pipeline from the Clifton Ridge terminal in Lake Charles, Louisiana to a marketing hub in St.
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