Oil & Gas 360º

MARCH 6, 2025

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.

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Oil Gas Leads

MARCH 14, 2025

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production.

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Oil Gas Leads

MARCH 8, 2025

The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. Bcf/d in 2025. oil and gas production, and ONEOK Inc.

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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. Production Growth Despite Fewer Rigs Oil production in the Permian Basin increased to 6.5 Housing Market: Sales and Prices Climb The Permian Basins housing market showed continued strength in Q4. oil and gas sector.

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Oil Gas Leads

MARCH 10, 2025

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 bpd in 2025. billion cubic feet per day (bcfd) in 2025 , up from 103.1 crude oil production will rise from a record 13.2 bcfd in 2024.

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Rextag

JANUARY 21, 2025

The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025.

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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. ” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.

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