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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360ยบ

billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters. The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil.

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USA EIA Forecasts WTI Oil Price Drop in 2025 and 2026

Rigzone: News

per barrel in 2025. According to its February STEO, the EIA sees the WTI spot price averaging $70.62

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

Oil & Gas 360ยบ

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.

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MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf

Permian Basin Oil and Gas Magazine

BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. It currently is being expanded to 300,000 b/d by second half 2026. Maryann Mannen, president and CEO, said Feb.

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

Oilholics Synonymous Report

Signature deals, among several moves, included BP's technical partnerships with EIL and ONGC, BPCL's agreement with Petrobras for 6 million barrels worth of exports to India, and, IOCL and ADNOC's long-term agreement for LNG up to 1.2 mmtpa from 2026 for 14 years.

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Permian Growth and Midstream Investment: Enterprise Products Partnersโ€™ Expansion Strategy

Oil Gas Leads

Seminole Pipeline Conversion (2026) Reverting to crude service to balance takeaway needs. Jim Teague on Export Growth: “We exported over 70 million barrels of hydrocarbons in December. Our goal is to export over 100 million barrels a month by 2027.” ” The rise in U.S.

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Profits or Planet? BPโ€™s โ€˜New Beginningโ€™: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

Focused capital on high-return hydrocarbon ventures such as Kaskida in the Gulf of America (aiming for 80,000 barrels of oil per day by 2029) and Tangguh UCC in Indonesia (the countrys first at-scale enhanced gas recovery with CCUS). at a TravelCenters of America site. leveraging waste emissions as a clean, profitable feedstock.

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