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Panama Canal Considers Pipeline to Ship Gas to Asia

OilPrice

The Panama Canal is considering an idea to build a pipeline to ship liquefied petroleum gas (LPG) across the key trade chokepoint to potentially bring gas from the U.S. to Japan, according to the canal administrator Ricaurte Vasquez.

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Kazakhstan Reaches Record Oil Production of 2.12 Million bbl/d, Exceeding OPEC+ Quota

Egypt Oil & Gas

million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. million bbl/d, which takes into account Kazakhstan’s tons per barrel ratio of 7.5. Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 from January to 1.83

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Valor | Energy Connection – Feb. 24, 2025

Valor

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. 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. million barrels Summary : U.S. million barrels to 432.5

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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. Led the development of the Chad-Cameroon Pipeline and spearheaded deepwater drilling projects in the Gulf of Mexico. Now, heres Part 2.

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Christmas Eve Edition: 2024 Oil and Gas Results – 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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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. That was formed in 1977 under the name National Nigeria Petroleum Company. OPEC commitments The attacks on pipelines and terminals have dropped but so has oil production.

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’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. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 WTI Forecast: Expected to average around $70 per barrel.

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