Oil & Gas 360º

MARCH 13, 2025

(Oil Price) –Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report. Going forward, West and North Africa are expected to lead the spending spree through 2030.

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Rigzone: News

DECEMBER 20, 2024

Morgan analysts highlighted that Brent crude oil 'is on track to average $80 per barrel in 2024', which they pointed out is $3 below their projections from last June.

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Reporting Oil and Gas

NOVEMBER 28, 2023

percent decline in crude oil production. Total crude oil produced amounted to a total of 35.42 This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields. million barrels.

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Oil & Gas 360º

MARCH 6, 2025

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. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 lower than average 2024 levels.

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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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Rigzone: News

JANUARY 30, 2025

heavy crude oil imports in 2024', Standard Chartered analysts highlighted. Canada provided 75 percent of U.S.

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Oilholics Synonymous Report

SEPTEMBER 18, 2024

The first two days of Gastech 2024 have flown by with talking points aplenty and a who's-who of the energy industry in Houston at the city's George R. The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer.

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Energy Central

MARCH 13, 2025

The Port of Vancouver’s (PoV) 2024 crude oil clarion cry will be music to the ears of anyone banking on diversifying Canadian petroleum exports to non-U.S. But a curb-your-crude-enthusiasm chorus threatens to spoil the outbound oil shipping party in 2025.

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Oilholics Synonymous Report

DECEMBER 24, 2024

That's because crude oil prices are at their lowest for nearly three years too, owing to lower demand (mainly from China), higher supply (largely from the US) and a stronger dollar (courtesy of the US Federal Reserve). To email: journalist_gsharma@yahoo.co.uk Gaurav Sharma 2024. To follow The Oilholic on Forbes click here.

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Oil Gas Leads

MARCH 4, 2025

The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72

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Energy Central

JANUARY 8, 2025

As the world enters 2025, the critical issue we are facing is Peak Crude Oil, relative to population. Crude oil has fallen from as much as.46 World crude oil production per person, based on data of the US EIA. Data through September 2024. 42 gallons per person recently (Figure 1). People have a.

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Daily Energy Report

FEBRUARY 24, 2025

February 24, 2025 Chart of the Day EOA: Germany's Oil Consumption Increased in 2024 and is Expected to Rise in 2025 Summary Figure 1 shows monthly trends in Germany's imports of crude oil and petroleum products since the beginning of 2022. Imports increased in 2024 compared to 2023.

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Energy Central

OCTOBER 7, 2024

Energy Information Administration, year-to-date daily average oil production is 13.2 oil output remains a key driver of the global energy market. crude oil production will almost. million barrels per day. higher than last year’s record production of 12.5 million BPD. This ongoing growth in U.S.

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Energy Transfer

NOVEMBER 19, 2024

On November 6, Energy Transfer reported its financial results for the third quarter of 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea, and CFO Dylan Bramhall. Tom Long, co-CEO, Energy Transfer Q3 2024 Financial Highlights* More highlights from the earnings call are below. billion compared to $3.54

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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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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. Mackie McCrea, co-CEO, Energy Transfer Full Year and Q4 2024 Financial Highlights* More highlights from the earnings call are below. billion compared to $3.6

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Rextag

NOVEMBER 18, 2024

The global oil market is full of potential but also fraught with challenges. A Year of Growth, but Slower Than Before The International Energy Agency (IEA) has revised its forecast for global oil demand in 2024, projecting growth of 921,000 barrels per day (bpd) a slight increase from earlier predictions of 862,000 bpd.

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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. Crude Gathering & Pipeline Expansion ONEOK has integrated crude gathering and transportation assets from the Medallion and EnLink acquisitions.

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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. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

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Oil Review Middle East

MARCH 10, 2025

In 2024, it acquired a strategic minority stake in MidOcean, followed by additional investments. Global oil demand reached new highs in 2024, and we expect further growth in 2025. Phase One of its Jafurah unconventional gas field development remains on schedule for 2025, with contracts awarded for Phase Two.

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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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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 shift might reduce the strain on oil and gas resources , potentially impacting fossil fuel prices.

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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. Why the Permian?

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Oil Gas Leads

MARCH 11, 2025

oil and gas production. ” The Pion Midstream acquisition in 2024 reinforced Enterprises position in sour gas processing. As Permian drilling intensifies , these pipeline investments will ensure Enterprise can efficiently move increasing volumes of crude oil, NGLs, and natural gas to market.

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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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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., Pierce was CEO and Director of TAG Oil Ltd.,

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Oil & Gas 360º

MARCH 6, 2025

(Oil Price) –Mexicos state oil firm Pemex is holding discussions with crude buyers in Asia and Europe to potentially sell there its oil, which is now being taxed with a 25% tariff by its single biggest customer, the United States, a senior government official in Mexico told Reuters.

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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. The total that China imported over the first two months of the year came in at 83.85 million barrels.

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Producer's Edge

JANUARY 20, 2025

2024)] delves deep into pivotal force majeure issues tied to the NAESB form and arising out of Winter Storm Uri. Pioneer produces natural gas in the Permian Basin as a byproduct of its crude oil extraction operations and sends it to Targa Pipeline Mid-Continent WestTex ("Targa") for processing. Pioneer Nat.

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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. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

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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 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. Record U.S. Shale Output: U.S.

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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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