Oil & Gas 360º
MARCH 4, 2025
In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030. million barrels of oil equivalent per day (boed) in 2030, with capacity to increase to 2035. billion$2 billion a year, which is over $5 billion per year lower than the previous guidance.
Oil Gas Leads
MARCH 11, 2025
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.” Morgans Point Terminal Expansion Increasing ethane and ethylene export capacity. ” The rise in U.S.
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Rextag
MARCH 3, 2025
million barrels per day by 2030. Several new major oil and gas projects are set to launch by the end of 2027. The company aims to boost daily oil and gas production to between 2.3 million and 2.5 billion and $2 billion annually.
Oil Gas Leads
MARCH 8, 2025
The EPIC acquisition will allow them to shift these barrels onto their own network , capturing better margins and improving logistics efficiency. Phillips 66 currently moves 125% of its Sand Hills pipeline capacity , meaning they have been forced to ship volumes on third-party systems. We recognize our capital constraints.
Oil & Gas 360º
MARCH 13, 2025
million barrels per day (bpd) in 2025 and climb further to 13.76 producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. oil prices are currently around $68 a barrel. million bpd in 2026. But there is an obvious problem here. The CEO of U.S. Benchmark U.S.
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