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BP looks to hire two more directors under oil-focused strategy

Oil & Gas 360ยบ

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5

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Oil Review Middle East - Untitled Article

Oil Review Middle East

The Marjan and Berri increments are expected to be onstream in 2025, with the Zuluf field increment scheduled to follow in 2026 and the second phase of Dammam in 2027. Global oil demand reached new highs in 2024, and we expect further growth in 2025.

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

Oil Gas Leads

oil and gas production. 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. Our goal is to export over 100 million barrels a month by 2027.” hydrocarbons.

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Phillips 66 Doubles Down on Permian Basin Growth with EPIC Acquisition and New Processing Expansions

Oil Gas Leads

Growing Midstream EBITDA Through Permian Expansion The Permian is a major driver of Midstream earnings growth for Phillips 66, and they expect these investments to contribute to their $1 billion Midstream EBITDA growth goal by 2027. Crude oil and NGL volumes are rising , driving more demand for transportation and processing.

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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360ยบ

(Reuters) – HOUSTON, March 13 Donald Trumps return to the White House caused animal spirits to soar in the oil and gas sector, and these vibes were palpable in the halls of the sectors annual conference in Houston this week. The United States already became the worlds top oil and gas producer under former President Joe Biden.

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