Daily Energy Report

FEBRUARY 24, 2025

February 24, 2025 Chart of the Day EOA: Germany's Oil Consumption Increased in 2024 and is Expected to Rise in 2025 Summary Figure 1 shows monthly trends in Germany's imports of crude oil and petroleum products since the beginning of 2022. Imports increased in 2024 compared to 2023.

Crude Oil 52

Crude Oil Petroleum Energy Energy 52

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. Thats its lowest in decades, according to Reuters , as the company has admitted it is struggling with crude quality.

Crude Oil 52

Crude Oil Oil Refinery Condensate 52

Orient Energy Review

MARCH 22, 2023

President Muhammadu Buhari has said that over 220 vessels involved in maritime criminality within Nigeria’s Exclusive Economic Zone, up to the Republic of Togo, between August 2018 and March 2023, have been prosecuted.

Crude Oil 52

Crude Oil Oil Barrel IT 52

Energy Transfer

NOVEMBER 19, 2024

This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023. We also saw record performance in crude oil transportation volumes (up 25%), midstream gathered volumes (up 6%), NGLs produced (up 26%), and NGL fractionation volumes (up 12%) and transportation volumes (up 4%).

Crude Oil 52

Crude Oil Energy Energy Natural Gas 52

Energy Central

JUNE 24, 2024

oil production is presently at about the same level it was 10 months ago. In August 2023, the U.S. million BPD of crude oil. million BPD by the end of 2023 but has since declined back to 13.1 I have noted in recent articles that U.S. produced 13.0 That gradually rose to 13.3 million BPD.

Oil 40

Oil Crude Oil IT 40

Oil & Gas 360º

MARCH 13, 2025

But natural gas is gradually gaining ground and its share of annual expenditure is set to increase from around 30% in 2023 to more than 40% by the end of the decade, the African Energy Chambers report says.

Oil 130

Oil Gas Natural Gas Energy 130

Oil Gas Leads

MARCH 4, 2025

Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72 compared to 2023.

Basin 52

Basin Energy Energy Natural Gas 52

Energy Transfer

FEBRUARY 12, 2025

This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023. We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%).

Natural Gas 52

Natural Gas Energy Energy Pipeline 52

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.

Gas 52

Gas Oil Natural Gas Midstream 52

Oil Review Middle East

MARCH 10, 2025

Downstream, Aramco intends to continue the strategic integration of its Upstream and Downstream businesses to facilitate the placement of the companys crude oil in larger offtake volumes through a dedicated system of domestic and international wholly-owned and affiliated refineries and petrochemical complexes.

Downstream 40

Downstream Crude Oil Upstream Gas 40

Aresco

FEBRUARY 14, 2024

Oil and gas tax deductions 2023 did not change significantly from oil and gas tax deductions 2022. Crude Oil Investing: A Guide for Accredited Investors Investing in Oil and Gas Royalties Explained What are Tangible Drilling Costs? For more information, please visit www.irs.gov.

Oil 52

Oil Gas Exploration and Production Crude Oil 52

Valor

FEBRUARY 24, 2025

billion in 2023, prompting cost-cutting measures, a 5% staff reduction, and slashed executive bonuses. Read m o re US oil and gas rig count hits highest since June, says Baker Hughes Summary : U.S. crude oil inventories increase by 4.6 crude oil inventories rose by 4.6 The companys profits fell to $8.2

Barrel 52

Barrel Energy Energy Oil 52

Rextag

NOVEMBER 18, 2024

A Year of Growth, but Slower Than Before The International Energy Agency (IEA) has revised its forecast for global oil demand in 2024, projecting growth of 921,000 barrels per day (bpd) a slight increase from earlier predictions of 862,000 bpd. million bpd in 2023. million barrels a day increase seen in 2023. million bpd.

Oil 40

Oil Barrel Crude Oil Energy 40

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.

Oil 52

Oil Royalty Exploration and Production Government 52

Oil & Gas 360º

MARCH 10, 2025

Chris Beltgens Professional Biography Since March 2021, Mr. Beltgens has been President and Director of Somerset Energy Partners, a private South Texas-focused oil production company. From April 2016 to January 2023, he was the Vice President of Corporate Development for TAG Oil Ltd.,

Management 130

Management Energy Energy Exploration and Appraisal 130

Energy Transfer

DECEMBER 23, 2024

anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. In a deal valued at $7.3

Crude Oil 52

Crude Oil Pipeline Midstream Basin 52

Rextag

FEBRUARY 24, 2025

oil and gas industry is experiencing one of its most transformative periods. Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. 2023 Production: ~6.0 2023 Production: ~6.0 2025 Forecast Projected Crude Oil Output: 6.6

Basin 40

Basin Oil Gas Exploration and Production 40

Oil Gas Leads

MARCH 13, 2025

In 2023, BP produced 434,000 barrels of oil equivalent per day (boepd) in its U.S. onshore shale operations, with 264,000 boepd being natural gas, primarily associated with crude oil output. benchmark gas prices more than doubling in the past year to around $4.4

Natural Gas 52

Natural Gas Gas Basin Exploration and Production 52

Rextag

JANUARY 6, 2025

While clean technologies achieved record growth, the enduring dominance of oil, gas, and LNG underscored the complexities of balancing energy security, economic stability, and climate ambitions. Middle Eastern Unrest: Iran-Israel tensions heightened fears of supply chain disruptions, potentially escalating oil and LNG prices.

Offshore 40

Offshore Oil Exploration and Production Energy 40

Crude Oil Futures

DECEMBER 15, 2024

The price of crude oil slightly increased last week, perhaps due to the lingering anxieties over the handling of Syria by fractured opposition, consisting of various rebel groups. Even a minor incident in the Middle East usually affects the sentiments of both analysts and investors that in turn reflects on oil and gas prices.

Oil 52

Oil IT Government Gas 52

Valor

JANUARY 20, 2025

Global review of 2024 oil and gas discoveries Summary : In 2024, global oil and gas discoveries were reviewed, detailing key findings by region, resource type, operators, and terrain, compared to 2023. This analysis offers a comprehensive overview of the state of global oil and gas exploration and production as of 2024.

Exploration and Production 52

Exploration and Production Energy Energy Oil 52

Crude Oil Futures

JANUARY 3, 2025

President Trump may have been emboldened by the fact that the US has been the biggest oil producer in the world for the past 6 years; in 2023, for instance, the US produced 12.9 million bpd, when the global production was 96.4

Crude Oil 52

Crude Oil Energy Energy Oil 52