Oil & Gas 360º

MARCH 4, 2025

This means increasing oil and gas investment to about $10 billion per year and slashing transition investment to around $1.5 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. Production is also expected to grow, to 2.32.5

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Oil Gas Leads

MARCH 11, 2025

Pipeline Investments: Expanding Permian Takeaway Capacity With NGL and crude oil production rising , Enterprise is investing in pipeline infrastructure to ensure smooth transport from the wellhead to export hubs. Jim Teague on Export Growth: “We exported over 70 million barrels of hydrocarbons in December.

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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. Permian Market Outlook: Strong Crude & NGL Demand Phillips 66 is well-positioned to take advantage of increasing Permian production and global energy demand.

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Oil & Gas 360º

MARCH 13, 2025

The United States already became the worlds top oil and gas producer under former President Joe Biden. Energy Information Administration expects crude oil production to rise to a new record average of 13.61 million barrels per day (bpd) in 2025 and climb further to 13.76 oil prices are currently around $68 a barrel.

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