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

Oil & Gas 360ยบ

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. 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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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

In India's case, the country's Minister for Petroleum and Natural Gas Hardeep Singh Puri is leading the charge personally. mmtpa from 2026 for 14 years. Yours truly had the pleasure of reconnecting with the Minister and interviewing him for Forbes to discuss a host of energy related issues.

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Permian Growth and Midstream Investment: Enterprise Products Partnersโ€™ 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.

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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). Renewable Natural Gas (RNG) : Archaea Energy started up nine new RNG plants in the U.S.,

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360ยบ

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times by year end 2026. Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9

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