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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Offshore infrastructure projects are also advancing, including Enis Structures A&E Project, which channels gas from two fields to the Mellitah treatment plant.

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

Oil & Gas 360ยบ

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Advancing gas monetization Amid a surge in gas monetization, Africa has emerged as a major LNG producer.

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Energy Trends for 2025

Permian Basin Oil and Gas Magazine

oil and gas sector trends in 2025. Here are some trends that Jeff Robertson, Managing Director at Water Tower Research , identifies as key forces shaping the oil and gas landscape next year. (1) Related: O&G Outlook for 2025 The post Energy Trends for 2025 appeared first on Permian Basin Oil and Gas Magazine.

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ONEOKโ€™s Expanding Footprint in the Permian Basin

Oil Gas Leads

The Permian Basin continues to be a driving force behind U.S. oil and gas production, and ONEOK Inc. 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.

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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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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

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. Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17

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Diversified Energy, FuelCell Energy, and TESIAC collaborate to form an acquisition and development company to leverage coal mine methane and natural gas for off-grid data center power projects

Oil & Gas 360ยบ

and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. (Oil and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. and DANBURY, Conn. and DANBURY, Conn. PLC (NYSE: DEC, LSE: DEC) ( Diversified Energy ), FuelCell Energy, Inc.