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Valor | Energy Connection – Feb. 24, 2025

Valor

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. per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. million barrels per day (bpd) in 2024 to 13.6 billion cubic feet per day (bcfd) in 2025.

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Pemex oil exports fall in January, including by 36 percent to U.S.

Permian Basin Oil and Gas Magazine

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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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

March 10, 2025 The U.S. Production and Market Outlook for 2025 Despite the overall rig count decline, production forecasts remain bullish : The EIA projects that U.S. million barrels per day (bpd) in 2024 to around 13.6 million bpd in 2025. billion cubic feet per day (bcfd) in 2025 , up from 103.1 bcfd in 2024.

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A visit to Metafuels SAF 'Aerobrew' lab and pilot plant

Oilholics Synonymous Report

But only recently have petrochemists managed to create pathways and additional steps for synthesising longer-chain hydrocarbons such as butylene, ethylene, propylene, and ultimately kerosene / jet fuel. To email: journalist_gsharma@yahoo.co.uk Gaurav Sharma 2025. This too is a long-established process.

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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally. million barrels of oil equivalent by 2005. Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005. shale revolution.

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Petrel Resources Raises £250,000 for Iraq Oil Projects

Iraq Business News: Oil & Gas

Irish-based Petrel Resources Plc (LON: PET) has raised 250,000 through a share placement managed by Novum Securities. The placement represents a 45% discount to the closing price on 5 March 2025. The Placing price represents a 45% discount to the closing price on 5 March 2025. By John Lee.

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

The initial phase includes oil and gas production exceeding three billion barrels of oil equivalent, while the wider resource opportunity across the contract area is believed to include up to 20 billion barrels of oil equivalent. The project is expected to commence in 2025 and meets BP's investment returns criteria.

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