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Nigeria Plans 2.1 MMbd of Oil Production This Year

Rigzone: News

Nigeria's upstream regulator is aiming for an oil production of at least 2.1 million barrels a day for 2025.

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

Oil & Gas 360º

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd).

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Profit Warnings and Production Cuts: Shell Faces Tough Energy Headwinds

Rextag

ANALYSTS REACT TO WEAKNESS IN KEY DIVISIONS Despite the negative trading update across Shell's oil, gas, and power businesses, analysts from RBC Capital Markets, Biraj Borkhataria, and Adnan Dhanani indicated that the broader outlook and shareholder returns for 2025 should remain unaffected. million oil-equivalent barrels per day.

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

Rextag

Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana. Analysts noted that BP may revise its guidance in February, suggesting 2025 might bring changes to its payout ratio. billion share buyback. Adjusted earnings reached $6.03

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. 2025 Forecast Projected Crude Oil Output: 6.6 What are the key companies doing to stay competitive?

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Scout Energy Management Acquires Permian Basin Assets from ConocoPhillips

Oil Gas Leads

The recent filings indicate that Scout Energy Management has assumed control of several facilities, including: LARIMER BATTERY ROASTED GOAT STATE UNIT BATTERY BIG CHIEF 46, 73, and 76 BATTERIES These assets were previously operated by ConocoPhillips, and the air permit changes were officially completed in March 2025.

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