Energy Central

JULY 28, 2022

Oil Prices rallied between December 2021 and March 2022 to hit new 14-year highs. The light crude oil raced to reach $130 per barrel before plunging to a low of $93 in April. And after surging again to hit a high of $123 on June 10, the WTI crude oil price pulled back again to trade below $94 last week.

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Oil & Gas 360º

MARCH 10, 2025

Senegals Petrosen and Mauritanias SMH worked alongside bp and Kosmos Energy to develop the Greater Tortue Ahmeyim LNG project situated on the maritime border of the two countries and producing first LNG in January 2025. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.

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Energy Transfer

DECEMBER 10, 2024

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. This has occurred even as our country continues to produce more crude oil than any other nation ever has. have fallen 44 percent since 2011. Also of note are advancements U.S.

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Aresco

FEBRUARY 14, 2024

The depletion allowance is an important tax benefit for the oil and gas industry as it helps to incentivize investment in the exploration and extraction of natural resources, which in turn contributes to domestic energy production and the economy. Disclaimer The above general discussion is provided for background information only.

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Crude Oil Futures

JANUARY 31, 2025

DeepSeek, the Chinese start-up that has recently sent shockwaves through the US tech industry , is poised to influence the oil and gas sector in the long term as well. DeepSeek's energy efficiency could mean that the expected exponential growth in energy demand at data centers might not materialize as anticipated.

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Adrian - Oil & Gas

DECEMBER 12, 2022

(AP) An oil spill in a creek in northeastern Kansas shut down a major pipeline that carries oil from Canada to the Texas Gulf Coast, briefly causing oil prices to rise Thursday. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural Washington County, Kansas, Dec.

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Rextag

JANUARY 6, 2025

As we step into 2025, reflecting on the turbulent, transformative energy landscape of 2024 is essential. This year was marked by breakthroughs in renewable energy, the resilience of fossil fuels, geopolitical turbulence, and heated debates over decarbonization. Geopolitical tensions amplified the focus on energy security.

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Daily Energy Report

FEBRUARY 27, 2025

Trump says Maduro is not making progress on electoral reforms and migrant returns.

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Crude Oil Futures

MARCH 8, 2025

Despite President Trump's vocal "Drill, baby, drill" mantra, his push to boost crude oil supply has yet to fully take shape. Undeterred, he continues to press forward, shifting his focus toward pressuring oil producersparticularly in the Middle Eastto ramp up output until U.S. production reaches his desired levels. and $70.36

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Oil & Gas 360º

MARCH 13, 2025

But the industry appears to be ignoring a central Trump objective: cheap energy. We can all feel the winds of history in our industrys sails again, Amin Nasser, the CEO of Saudi Arabias national oil company Aramco, told the CERAWeek conference. The upbeat mood music at the conference was set from the start by U.S. million bpd in 2026.

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Oil & Gas 360º

MARCH 5, 2025

sparked swift reprisals from each nation that increased concerns over a slowdown in economic growth and the consequent impact on energy demand,” Ashley Kelty, an analyst at Panmure Liberum, said. . “The imposition of tariffs on China, Canada and Mexico by the U.S.

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Oil & Gas 360º

MARCH 7, 2025

Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump’s goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the Energy Department said on Friday. crude at today’s prices, and would bring the reserve to less than 700 million barrels.

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Crude Oil Futures

FEBRUARY 19, 2025

Source: US-BLS On Wednesday, February 18, 2025, crude oil and liquefied natural gas (LNG) prices rose slightly amid political tensions in Europe. crude oil inventories grew, a factor that typically depresses prices. in June 2022, before cooling to 2.9% By 17:00 GMT, West Texas Intermediate (WTI) reached $72.18

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