Oilholics Synonymous Report

FEBRUARY 14, 2025

Over the course of Thursday and Friday - days III & IV - of India Energy Week 2025 that put us on the home stretch of the global event, conversations turned more meaningfully towards the Indian government's assertion of placing a 'gas economy' at the heart of its march to net zero by 2070. Have a read here if you wish.

Gas 130

Gas Oil Energy Energy 130

Egypt Oil & Gas

MARCH 11, 2025

The Minister of Energy of Indonesia Bahlil Lahadalia announced that the country is to build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day (mmbbl/d) increasing from 500,000 b/d, Reuters reported.

Refinery 52

Refinery Crude Oil Barrel Oil 52

Oil Gas Leads

MARCH 4, 2025

Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. per barrel , marking a 5.2% Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17 per barrel of oil equivalent (boe) , up 15.6% year-over-year increase.

Basin 52

Basin Energy Energy Natural Gas 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria.

Oil 52

Oil Royalty Exploration and Production Government 52

The Energy Law

SEPTEMBER 23, 2008

Subtitle E amends the FOGRMA of 1982 to repeal royalty overpayment interest for lessees by the federal government and mandates that when royalty adjustments are made resulting in an underpayment by lessee the royalty obligation clock starts when the date the adjustment is taken.

Royalty 40

Royalty Energy Energy Offshore 40

Rextag

FEBRUARY 13, 2025

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). Renewable Natural Gas (RNG) : Archaea Energy started up nine new RNG plants in the U.S.,

Oil 40

Oil Gas Exploration and Production IT 40

Rextag

FEBRUARY 17, 2025

If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. Governments are struggling to build charging infrastructure, creating adoption barriers. The affordability crisis in EVs is making government incentives unsustainable.

Oil 40

Oil Completion Energy Energy 40