Reporting Oil and Gas

NOVEMBER 26, 2023

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. The parliamentary debate on the 2024 Budget, which began on November 21, 2023, is scheduled to conclude on November 28, 2023. Source: Myjoyonline.com

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Energy Transfer

FEBRUARY 12, 2025

On February 11, Energy Transfer reported its financial results for the fourth quarter and year ended 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea. Data centers are learning a lot about the natural gas business and how critical it is to what they’re doing. billion compared to $3.6

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Oil & Gas 360º

MARCH 4, 2025

That combined with subdued oil prices to push Aramcos net income for 2024 lower, slightly missing analysts estimates. Oil in London dropped to the lowest in almost three months this week, following the OPEC+ plan. The OPEC+ decision can only help Aramco and other producers as they will benefit from higher sales, Nasser said.

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Oil Gas Leads

MARCH 10, 2025

oil and gas industry saw a slight dip in drilling activity last week, as Baker Hughes reported a one-rig decline , bringing the total national rig count to 592. While the decrease was minimal, it reflects broader industry trends influenced by oil and gas prices, production strategies, and market conditions. bcfd in 2024.

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Oil Gas Leads

MARCH 8, 2025

oil and gas production, and ONEOK Inc. During its Q4 2024 earnings call , ONEOK outlined significant infrastructure expansions, acquisitions, and future growth opportunities in the Permian. Natural Gas Processing Capacity Growth ONEOK is relocating a 150 MMcf/d natural gas processing plant from North Texas to the Permian Basin.

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Oil & Gas 360º

MARCH 14, 2025

and other nations prompted the IEA to cut its demand growth estimates for the last quarter of 2024 and the first quarter of this year. “High risks on the demand side and increasing supply from OPEC+ argue against a sustained recovery in oil prices,” Commerzbank analysts said.

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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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Producer's Edge

JANUARY 6, 2025

01-23-00573-CV, 2024 WL 1862861 (Tex. 30, 2024, pet. 2022), the Texas Supreme Court held that PGP is an “oil product” qualifying for statutory condemnation authority under section 2.105 of the Business Organizations Code because it is derived from crude oil. The issue in this case, Right-Way Sand Co.

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Oil Gas Leads

MARCH 11, 2025

oil and gas production. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. .”

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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 2024 from $13.4 Read m o re US oil and gas rig count hits highest since June, says Baker Hughes Summary : U.S. crude output to grow from 13.2 The EIA forecasts U.S.

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Crude Oil Futures

JANUARY 31, 2025

DeepSeek, the Chinese start-up that has recently sent shockwaves through the US tech industry , is poised to influence the oil and gas sector in the long term as well. This efficiency has led to a sharp decline in stock prices for companies involved in natural gas production , pipeline operations, and power generation.

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Oil Gas Leads

MARCH 10, 2025

This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. Pipeline Transportation Crude oil, natural gas, and NGLs move from production sites to storage and processing facilities.

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Energy Transfer

OCTOBER 18, 2024

Leadership In 2023, our pipelines carried approximately 30% of the natural gas transported in the United States, and approximately 40% of the crude oil produced in the United States. A full report will be issued again in 2024. Also invested $1.6 Our 2022 Corporate Responsibility Report can be found on our website.

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Producer's Edge

JANUARY 20, 2025

Winter Storm Uri sent shockwaves through Texas, freezing gas supplies at a time of critical need and plunging the state into widespread power outages. 2024)] delves deep into pivotal force majeure issues tied to the NAESB form and arising out of Winter Storm Uri. This recent case [ MIECO, L.L.C. Pioneer Nat. 4th 710 (5th Cir.

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OilPrice

MARCH 7, 2025

Chinas crude oil imports over the first two months of the year fell 5% on 2024 as the parting round of sanctions that the Biden administration imposed on Russian energy affected international flows. Natural gas imports also slowed during the first two months of the year, by a sizable million barrels. million barrels.

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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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Energy Transfer

DECEMBER 23, 2024

2024 is almost in the books! As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024. The two-year partnership began with the 2024 season with Energy Transfer and Sunoco logos displayed on the teams car for the three Formula 1 Grand Prix races in the U.S.

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Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

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Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. Potential Impact of Tariffs and Permian Crude Pricing The potential U.S.

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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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Oil Gas Leads

MARCH 11, 2025

oil and gas production , with Energy Transfer reporting a 9% increase in legacy Permian throughput in 2024. Expansion of crude oil gathering systems and joint ventures to support increased production. We moved record volumes across our interstate, midstream, NGL, and crude segments for the year ended 2024.

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Oil & Gas 360º

MARCH 6, 2025

Mexico has seen its total oil exports drop off in recent years due to Pemex struggling with the worst decline in production in decades. Still, Mexico exported more than 600,000 barrels per day (bpd) on average to the United States in 2024, according to data from the U.S. Energy Information Administration (EIA).

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Oil Gas Leads

MARCH 8, 2025

During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Crude oil and NGL volumes are rising , driving more demand for transportation and processing.

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Rextag

JANUARY 6, 2025

As we step into 2025, reflecting on the turbulent, transformative energy landscape of 2024 is essential. 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.

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Crude Oil Futures

FEBRUARY 26, 2025

Crude oil prices experienced a notable decline on Wednesday, reversing gains from recent days driven by supply concerns. These concerns stem largely from ongoing US efforts to restrict Iranian oil exports, particularly to China. As of 17:00 GMT on Wednesday, West Texas Intermediate (WTI) crude was priced at $68.79

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Oil & Gas 360º

MARCH 5, 2025

energy sector, which is the top producer of both crude oil and natural gas and is a major importer of power system and energy extraction components. OIL & GAS As the worlds top exporter of liquefied natural gas and third largest exporter of crude oil in 2024 according to Kpler the U.S.

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Crude Oil Futures

DECEMBER 8, 2024

The OPEC+ meeting that took place on December 5, 2024, did not lead to a master plan in order to address the pressing needs of its members. Nor did it boldly declare that the measures that they adopted would achieve their most cherished goal, stabilizing the markets, the code word of the OPEC +for an increase in the price of oil.

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Oil & Gas 360º

MARCH 13, 2025

(Reuters) – HOUSTON, March 13 Donald Trumps return to the White House caused animal spirits to soar in the oil and gas sector, and these vibes were palpable in the halls of the sectors annual conference in Houston this week. The United States already became the worlds top oil and gas producer under former President Joe Biden.

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Oil & Gas 360º

MARCH 10, 2025

oil and gas output – already at record levels before he took power. He has ended a pause in new gas export project approvals and overturned a ban on drilling in federal waters. Trumps policies on trade and foreign policy have, however, threatened to drive up the cost of millions of barrels of oil that U.S.

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Aresco

NOVEMBER 7, 2024

The Positive Impact of Donald Trumps Reelection on the Oil and Gas Industry With Donald Trumps recent reelection, the American oil and gas industry is eagerly anticipating a new era of supportive policies and regulatory changes designed to prioritize energy independence and economic growth. In 2018, U.S.

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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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Crude Oil Futures

FEBRUARY 19, 2025

Source: US-BLS On Wednesday, February 18, 2025, crude oil and liquefied natural gas (LNG) prices rose slightly amid political tensions in Europe. crude oil inventories grew, a factor that typically depresses prices. by December 2024. By 17:00 GMT, West Texas Intermediate (WTI) reached $72.18

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