Remove 2023 Remove Crude Oil Remove Energy
article thumbnail

Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360º

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Energy Information Administration data) U.S. However, 486 rigs drilling for oil this week is too few to supply consensus-beating demand growth.

Oil 130
article thumbnail

IEA: The world needs upstream oil and gas investment

Oil & Gas 360º

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

Upstream 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ghana’s crude oil production dips 9.54% in 2023

Reporting Oil and Gas

During the first three quarters of 2023, the nation experienced a 9.54 percent decline in crude oil production. Total crude oil produced amounted to a total of 35.42 This development significantly impacted Ghanas earnings from the oil and gas sector for the Jan. percent compared to the same period in 2022.

article thumbnail

Highlights from Energy Transfer’s 2023 Corporate Responsibility Report

Energy Transfer

For more than two decades, Energy Transfer has helped supply America with energy. In that time, weve become one of the largest and most diversified energy infrastructure companies in North America. Our condensed report focuses only on updated metrics, new initiatives, and achievements specific to 2023. Also invested $1.6

Energy 52
article thumbnail

Daily Energy Report

Daily Energy Report

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.

article thumbnail

Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023.

Refinery 130
article thumbnail

Electric vehicles: a shift in the resource landscape for the transportation market, by Paul Mier

Energy Central

The massive US and worldwide transportation sectors are fueled mostly by crude oil. In 2023, worldwide crude oil consumption.