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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd).

E&P 130
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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

ENERGY SECURITY: THE CORNERSTONE OF GLOBAL STABILITY Fact: Global primary energy demand surged to 301 million barrels of oil equivalent per day (mboe/d) in 2023, and projections indicate it will rise to 374 mboe/d by 2050, marking a 24% increase over three decades. Record U.S. Shale Output: U.S. LNG Export Dominance: U.S.

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Global companies eye more US investment as Trump touts energy dominance

Oil & Gas 360ยบ

He has urged energy companies to boost fossil fuel production and promised to bring down prices for consumers. On Monday global Brent crude futures settled under $70 a barrel as investors worried a trade war would slow economic growth. million barrels per day, up 200,000 bpd from last months forecast. million bpd.

Energy 130
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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360ยบ

Energy Information Administration expects crude oil production to rise to a new record average of 13.61 million barrels per day (bpd) in 2025 and climb further to 13.76 Trump wants increased production because he wants lower energy prices and that stands in direct opposition to expanding investments in oil and gas.

Energy 130