Valor

FEBRUARY 24, 2025

onshore wind farms and spinning off offshore wind assets. 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 Read more U.S.

Barrel 52

Barrel Energy Energy Oil 52

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 third-largest oil player in Nigeria also comes from the United States. Exxon comes next: the U.S.

Oil 52

Oil Royalty Exploration and Production Government 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

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

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