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. refinery utilization stood at 85.6% crude export volumes also eased 9,000 bpd to 3.88

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Refinery Barrel Pipeline Crude Oil 130

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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Crude Oil Oil Refinery Condensate 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.

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Downstream Crude Oil Upstream Gas 40

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 Refinery inputs averaged 15.4

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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 government has been fighting the illicit refineries for years. million BPD as of November 2019.

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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

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Basin Oil Gas Exploration and Production 40