OilPrice
MARCH 12, 2025
Traders have booked more non-sanctioned tankers to deliver crude to India, while the price of Russias flagship Urals grade has dropped to below the $60 per barrel price cap by the G7, allowing shipments involving Western companies, Reuters reports, citing ship-tracking data and trading sources. sanctions on Russias oil trade.
Rextag
JANUARY 9, 2025
30 earnings release, Shell revealed plans to book a noncash post-tax impairment of $1.5 ADJUSTED PRODUCTION AND VOLUME FORECASTS Shell also reduced its integrated gas production outlook for the fourth quarter to 880,000 and 920,000 oil-equivalent daily barrels, citing scheduled maintenance at a Qatar-based facility. million barrels.
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Iraq Business News: Oil & Gas
FEBRUARY 25, 2025
The initial phase includes oil and gas production exceeding three billion barrels of oil equivalent, while the wider resource opportunity across the contract area is believed to include up to 20 billion barrels of oil equivalent. The project is expected to commence in 2025 and meets BP's investment returns criteria.
Rextag
FEBRUARY 13, 2025
a $200 million profit in 3Q) after booking $1.5 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). Cash Flow from Operations 4Q 2024 : $7.43
Oil & Gas 360º
MARCH 10, 2025
Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Refer to the Specified Financial Measures section in this press release for additional disclosure and assumptions.
Energy Transfer
DECEMBER 23, 2024
2024 is almost in the books! The joint venture operates more than 5,000 miles of crude oil and water gathering pipelines with crude oil storage capacity in excess of 11 million barrels. As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024.
OilPrice
MARCH 10, 2025
per barrel and West Texas Intermediate was changing hands for $66.64 a barrel, with the Brent benchmark booking a string of three consecutive weekly declines and WTI logging a much longer losing streak of seven weeks, according to Reuters. At the time of writing, Brent crude was trading at $69.97
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