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IEW 2025 Days III & IV: India's quest for a gas economy

Oilholics Synonymous Report

Over the course of Thursday and Friday - days III & IV - of India Energy Week 2025 that put us on the home stretch of the global event, conversations turned more meaningfully towards the Indian government's assertion of placing a 'gas economy' at the heart of its march to net zero by 2070. Photo I: India Energy Week 2025.

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Aramco CEO predicts record oil demand will follow OPEC+ output revival

Oil & Gas 360º

million barrels a day (bpd) this year to just over 106 million bpd, helped for petrochemicals and jet fuel, Chief Executive Officer Amin Nasser said on an earnings call Tuesday. The company also followed through with a previously announced plan tocut its total dividendfor 2025. Oil use is set to rise by 1.3

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Permian Resources plans to increase production in 2025 by 8 percent

Permian Basin Oil and Gas Magazine

Midland-based Permian Resources said last week it plans to increase production in 2025 by 8 percent to 360,000 to 380,000 boed and reduce well costs to $775 per lateral foot (compared to $800 in previous three months and $950 at yearend 2023). Average lateral lengths in 2025 are forecast at 10,000 feet (9,300 in 2024).

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360º

The United States already became the worlds top oil and gas producer under former President Joe Biden. million barrels per day (bpd) in 2025 and climb further to 13.76 Trump wants increased production because he wants lower energy prices and that stands in direct opposition to expanding investments in oil and gas.

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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. per barrel , marking a 5.2% Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17 per barrel of oil equivalent (boe) , up 15.6% year-over-year increase.

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Permian Growth and Midstream Investment: Enterprise Products Partners’ Expansion Strategy

Oil Gas Leads

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.