Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. Thats its lowest in decades, according to Reuters , as the company has admitted it is struggling with crude quality.

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Reporting Oil and Gas

NOVEMBER 23, 2023

The management of the Tema Oil Refinery (TOR) has been directed by the Office of the Special Prosecutor to suspend its proposed partnership agreement with Tema Energy and Processing Limited. Although the Tema Oil Refinery has a capacity to refine 45,000 barrels of oil per day, its operations have been inconsistent.

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Valor

FEBRUARY 24, 2025

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. Under pressure from activist investor Elliott Management, which holds a 5% stake, BP is shifting focus back to fossil fuels, selling 10 U.S. million barrels per day (bpd) in 2024 to 13.6 million barrels Summary : U.S.

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Coolfire Core

OCTOBER 15, 2019

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. Heres how the use of low-power sensors and edge computing is already boosting visibility and efficiency: Equipment management and predictive maintenance.

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Rextag

FEBRUARY 24, 2025

Cost Management: The company is shifting towards a cash flow-focused approach, ensuring stable returns for shareholders while limiting risk. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel. WTI Forecast: Expected to average around $70 per barrel. MMBbl/d (+1.8

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Valor

MARCH 10, 2025

per barrel and WTI dropping 40 cents to $66.64, marking WTIs seventh consecutive weekly lossthe longest streak since November 2023. Meanwhile, US crude production averaged 13.508 million barrels per day for the week ending February 28, 2025, with WTI trading at $67.17 per barrel (up 1.22%) and Brent at $70.41

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