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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). The Tanzania Petroleum Development Corporation is developing the Tanzania LNG project, working with Shell and Equinor to monetize resources in Blocks 1, 2 and 4.

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Valor | Energy Connection โ€“ Feb. 24, 2025

Valor

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. onshore wind farms and spinning off offshore wind assets. million barrels per day (bpd) in 2024 to 13.6 The terminal will load up to 1 million barrels per day onto the worlds largest tankers, boosting U.S. energy exports.

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Whatโ€™s Happening: The Unexpected Growth in U.S. Oil Inventories and What It Means for the Industry

Rextag

crude oil inventories grew by 545,000 barrels last week to reach 430.3 million barrels , defying analyst forecasts of an 800,000-barrel decline. Adding to the intrigue, oil held in the Strategic Petroleum Reserve (SPR) rose by 1.4 million barrels to 389.2 million barrels. million barrels to 389.2

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Nigeria Oil Industry Overview

Drillers

That was formed in 1977 under the name National Nigeria Petroleum Company. 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. One of these measures targets offshore projects specifically.

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Christmas Eve Edition: 2024 Oil and Gas Results โ€“ Top Deals and a Bonus to End the Year

Rextag

This deal boosted Exxons daily output by over 700,000 barrels of oil equivalent per day (boe/d). Chevrons Purchase of Hess Corporation Value: $60 billion Date: September 30, 2024 Chevrons acquisition added Hesss assets in Guyanas Stabroek Block, a hotbed of oil discoveries with reserves exceeding 11 billion barrels.

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and Whatโ€™s Behind the $105 Billion in Oil Deals?

Rextag

Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. Gulf of America (Mexico) Offshore Giant Making a Comeback 2023-2024 Overview The Gulf of America (Mexico) remains a cornerstone of U.S.

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became โ€œenergy independentโ€ and a net exporter of petroleum products in 2019. on an irreversible path to achieve a โ€œ100% clean energy economy,โ€ with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050.

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