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. Its not clear how far ahead BP is in a recruitment process in the search for two more directors, FT notes.

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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.” The Permian Basin continues to solidify its role as the driving force behind U.S. oil and gas production. ” The rise in U.S. So it’s cost-plus.

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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. Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? This decision comes after investor concerns over BPs lower-than-expected financial returns compared to its industry rivals. million and 2.5

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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. With a clear focus on expanding their wellhead-to-market strategy , Phillips 66 is optimizing its Permian assets to increase efficiency, reduce costs, and enhance shareholder value.

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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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