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.
Energy Central
AUGUST 12, 2024
a barrel to below $75.00 The most recent driver is the negative sentiment pervading the stock market, which has extended its. Over the past month, the price of West Texas Intermediate (WTI) has fallen from about $85.00 Concerns about weaker demand from China have negatively impacted oil prices for a while, and now fears of a U.S.
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Energy Central
OCTOBER 7, 2024
million barrels per day. oil output remains a key driver of the global energy market. According to the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration, year-to-date daily average oil production is 13.2 higher than last year’s record production of 12.5 million BPD. This ongoing growth in U.S.
Iraq Business News: Oil & Gas
FEBRUARY 9, 2025
Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion.
Iraq Business News: Oil & Gas
FEBRUARY 17, 2025
Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production.
Oil Gas Leads
MARCH 4, 2025
A combination of rising energy prices, stable production, and economic expansion has positioned the region as a key driver of the U.S. per barrel , marking a 5.2% per barrel of oil equivalent (boe) , up 15.6% million barrels per day (bpd) , reflecting a 1.3% oil and gas sector. increase compared to the third quarter.
Oil Gas Leads
MARCH 8, 2025
West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. As ONEOK continues to integrate its recent acquisitions and optimize operations, the Permian Basin remains a core driver of its success.
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