OilPrice

MARCH 8, 2025

In May 2023, Iraq announced the Development Road, $17 billion, 1,200-kilometer rail line and roadway from a new port at Al Faw in southern Iraq to Trkiye, linking Asia and Europe. The project is supported by Trkiye, and Qatar and the United

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Energy Central

APRIL 17, 2023

objections, petroleum-rich Gulf countries are capitalizing on cut-rate prices TWSJ BY BENOIT FAUCON AND SUMMER SAID, APRIL 17, 2023 As Russia scours the globe for buyers of its energy products, it is finding eager trade partners in an unlikely place: The oil-rich petrostates of the Persian Gulf. Despite U.S.

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Energy Central

OCTOBER 13, 2023

One of my 2023 energy sector predictions was that U.S. oil production would set a new all-time high this year. to not set a new annual production record for 2023. For the first three quarters of 2023, U.S. oil production has averaged. For the first three quarters of 2023, U.S. oil production has averaged.

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Iraq Business News: Oil & Gas

MARCH 10, 2025

Representatives from the Association of the Petroleum Industry of Kurdistan (APIKUR) member companies met with officials from the Government of Iraq (GoI) and the Kurdistan Regional Government (KRG) on March 6 to discuss the resumption of oil exports through the Iraq-Trkiye Pipeline. Additional meetings are required to finalize agreements.

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Energy Central

APRIL 3, 2023

Most read… In Surprise, OPEC Plus Announces Cut in Oil Production Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day.

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Barrel Oil 72

Energy Central

MARCH 22, 2023

NYT BY CARA BUCKLEY, PUBLISHED MARCH 21, 2023 They were parents, grandparents, great-aunts and great-uncles, ranging in age from their 50s to their 80s and beyond, and together they braved frigid temperatures to protest all through the night.

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The Energy Law

OCTOBER 13, 2023

Most American maritime and environmental attorneys and vessel owners are familiar with OPA 90 and oil spill liability in the United States. But what happens when a vessel spills oil in the territorial waters of another country? The CLC addresses civil liability for maritime oil spills. In 2023, 1 SDR = $1.3623 USD.

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Energy Central

SEPTEMBER 7, 2023

The Permian, Eagle Ford and Williston In this report, we will analyze the latest developments in the 3 largest US tight oil basins, which include the Permian, Williston, and the Eagle Ford. million barrels of oil per day in May 2023, while outside these basins less than 1.2 Together, these basins were producing over 7.5

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The Energy Law

JANUARY 31, 2023

A Regulatory Increase to the Limits of Liability for Oil Pollution and an Amendment Exempting Small Passenger Vessels from the Limitation of Liability Act Present New Challenges for Vessel Owners U.S. First, the Coast Guard announced [1] increases to the liability limits in the Oil Pollution Act of 1990 (“OPA”). [2] 78860 (Dec.

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Reporting Oil and Gas

NOVEMBER 28, 2023

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. 2023 period, resulting in a substantial drop of 35.72

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Oil & Gas 360º

MARCH 7, 2025

percent from fiscal 2023 Full year GAAP diluted… Fiscal 2024 sales of $1.8 billion, up 7.4

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Oil & Gas 360º

MARCH 4, 2025

EnerCom Denver is the largest independent investor conference for the global oil and gas industry and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Qualified investment professionals and oil and gas company executives may register for the conference at no cost.

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Energy Central

MARCH 23, 2023

Halliburton and Honeywell in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria “North Africa’s massive oil-and-gas reserves and its proximity to Europe make it an attractive alternative energy supplier to Russia.

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Energy Central

DECEMBER 6, 2023

In this report, we will analyze the latest developments in the 4 largest US tight oil basins, which include the Permian, Williston, Eagle Ford, and the Denver-Julesburg (DJ). Together, these 4 basins were producing over 8 million barrels of oil per day (b/d) in August 2023, while outside these basins less than 0.8

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NGT News

OCTOBER 22, 2024

Tourmaline Oil Corp. The new locations in Calgary and Grande Prairie, along with the Edmonton station that opened in April 2023, […] The post Tourmaline, Clean Energy Fuels Open Two New CNG Stations in Alberta appeared first on NGT News. and Clean Energy Fuels Corp.

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Daily Energy Report

MARCH 7, 2025

March 07, 2025 Chart of the Day EOA: In 2024, US Oil Demand Growth Slowed Significantly Summary Figure (1) shows trends in US yearly oil demand since 1973. Oil demand is tied to economic growth, so it has declined with every recession. Oil demand has been growing year-over-year since the 2020 collapse. Answers below.

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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. However, the IEA also projects oil supply to reach 104.4

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Energy Central

JANUARY 2, 2024

oil and natural gas industry managed to not only meet but exceed expectations in 2023. Oil and Gas Industry Continues to Innovate Amid Record Production In. Amidst attacks on U.S. energy production and continued global instability, the U.S.

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Energy Central

MAY 17, 2023

Outlook highlights widening divide between booming demand in the developing world and lackluster requirements in Europe and North America WSJ BY WILL HORNER, MAY 16, 2023 China’s insatiable demand for oil is growing at a faster-than-expected pace, threatening to tighten crude markets and send oil prices higher as supplies struggle to keep up, (..)

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Energy Central

DECEMBER 27, 2022

Coming to London, UK, the Argus Global Base Oils Conference will explore the biggest challenges and opportunities facing the global base oils and lubricants markets. The 2023 event will consist of a 3-day conference and will feature a keynote address.

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Oil 52

Energy Central

JUNE 1, 2023

Media Editing By Germán & Co, June 1, 2023 According to reports, the Ilyinsky oil refinery in Russia's Krasnodar region was minimally impacted by a possible drone attack. Intelligence reports suggest enemy forces are advancing ahead of a planned Ukrainian counteroffensive.

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Energy Central

JANUARY 3, 2024

oil production has increased by 21% over the past five years. oil producers set a new annual production record. According to data from the Energy Information Administration (EIA), earlier this month U.S. This increase is being driven by a surge of production in a handful of states.

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Energy Central

APRIL 10, 2023

European Hydrogen Summit 2023 Event Background Hydrogen is alternative energy to energy-intensive sectors which use gas, coal, and oil to operate, and will play a key role in decarbonizing sectors. Many governments have.

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Global Energy

NOVEMBER 14, 2023

The Energy Act 2023 (the Act) received Royal Assent on 26 October 2023. This post provides some general comments and […]

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Energy Energy IT Transportation 52

Oil Gas Leads

MARCH 13, 2025

The oil and gas industry remains a powerhouse in the U.S. According to the latest State of Energy Report from the Texas Independent Producers & Royalty Owners Association (TIPRO) , oil and gas workers earned an average annual salary of $227,000 in 2024 an increase of $4,389 from 2023. Why Are Oil & Gas Wages So High?

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Energy Central

FEBRUARY 22, 2023

Feb 22, Reuters Morgan Stanley has raised its global oil demand growth estimate for this year by about 36%, citing growing momentum in China's reopening and a recovery in aviation, but flagged.

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The Energy Law

JUNE 30, 2023

As of June 7, 2023, a bill aiming to prohibit entities controlled by “foreign adversaries” from buying, leasing, or otherwise acquiring immovable property in the state has passed both the Louisiana House and Senate and is now awaiting the Governor’s approval. Sponsored by Rep. Valerie Hodges, Louisiana House Bill No.

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Oil Gas Exploration and Production E&A 98

Energy Transfer

OCTOBER 18, 2024

Our 2023 Corporate Responsibility Report highlights our successes, including our operational results, pipeline safety programs, risk management, and emissions reduction programs, among others. Our condensed report focuses only on updated metrics, new initiatives, and achievements specific to 2023. Also invested $1.6

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Energy Central

JUNE 18, 2024

Recent data from the Ohio Department of Natural Resources (ODNR) confirms an emerging Ohio oil play with untapped potential. Traditionally thought of as a natural gas play, new technologies have unlocked oil production in the Utica Shale that continues to grow: 70 percent since 2021 with 40 percent annual growth from 2022 to 2023.

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Energy Central

SEPTEMBER 12, 2023

At the Argus Base Oils Middle East Conference, attendees will meet with representatives from the entire supply chain, including base oils producers, lubricant blenders, additive and specialty chemical companies, traders and distributors, OEMs and more.

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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. Last year exports averaged about 811,000 b/d after more than 1,000,000 b/d in 2023. Sales to U.S.

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Oil & Gas 360º

MARCH 6, 2025

The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023. government on Canadian crude also pressured the spread as Midwest refiners were seeking WTI-Midland crude to Cushing to replace Canadian light sweet oil, said Energy Aspects analyst Jeremy Irwin. A 10% tariff by the U.S. million, 4.2%

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Energy Central

MARCH 27, 2023

TWP by Rachel Chason, March 27, 2023 NEMBE, Nigeria — When Lambert Ogbari learned that the oil giant Shell was selling its local operations to a Nigerian firm, he said he felt hopeful his living conditions would finally improve. Shell’s divestments in Nigeria help the company meet its green goals.

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Reporting Oil and Gas

NOVEMBER 26, 2023

The Minister for Lands and Natural Resources, Samuel Abu Jinapor, commended President Akufo-Addo and Vice President Dr. Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. Source: Myjoyonline.com

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Energy Central

APRIL 6, 2023

In this report, we will analyze the latest developments in the 4 largest US tight oil basins, which include the Permian, Williston, Eagle Ford, and the DJ. million barrels of oil per day at the end of last year. Total production by basin The following overview shows the total tight oil production history for each of these basins.

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Oil & Gas Magazine

MARCH 10, 2025

mil millones registrados al cierre de 2023. menos que en 2023. ms que en 2023 , pero 96.7 Esto representa un incremento del 37.4% respecto a los 368.3 Impacto del impago: Paros y movilizaciones en estados petroleros. Empresas proveedoras deteniendo actividades e incluso cerrando operaciones. mil millones menos que en 2022.

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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? According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. Did you know that most of the U.S.’s In fact, the No.

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