Oil & Gas 360º

MARCH 6, 2025

(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.

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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.

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Energy Transfer

DECEMBER 10, 2024

.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No.

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Aresco

FEBRUARY 14, 2024

The depletion allowance is a tax provision in the United States designed to account for the reduction of natural resources, such as oil and gas, as they are extracted and sold. For the oil and gas industry, the depletion allowance functions similarly to depreciation for other types of assets.

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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%).

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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.

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Oil Gas Leads

MARCH 4, 2025

oil and gas sector. 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. per barrel of oil equivalent (boe) , up 15.6% to $328,000.

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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%).

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Oil Review Middle East

MARCH 10, 2025

Phase One of its Jafurah unconventional gas field development remains on schedule for 2025, with contracts awarded for Phase Two. The Tanajib Gas Plant project will come onstream in 2025, providing additional raw gas processing capacity from Marjan and Zuluf.

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Valor

FEBRUARY 24, 2025

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. 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.

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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.

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Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: CanCambria Energy will be presenting at the 30th Anniversary of EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. From 2015 to 2024, Mr. Pierce was CEO and Director of TAG Oil Ltd.,

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Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. million and 2.5

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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. oil & gas basins , the leading companies , and market trends using the latest data and forecasts.

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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

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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. LNG exports played a pivotal role in diversifying Europes energy sources, slashing dependence on Russian gas by 40% since 2022.

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Crude Oil Futures

MARCH 14, 2025

The International Energy Agency (IEA) has revised its 2025 crude oil demand forecast downward, presenting a challenging outlook for oil and gas investors amidst existing market pressures. This projection adds to the headwinds already impacting crude oil prices. www.oilfutures.co.uk million bpd to 1.45

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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.

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Valor

JANUARY 20, 2025

January 20, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. 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.

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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

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