Energy Transfer

OCTOBER 18, 2024

Our 2023 Corporate Responsibility Report highlights our successes, including our operational results, pipeline safety programs, risk management, and emissions reduction programs, among others. billion in organic growth projects, including an eighth fractionator at Mont Belvieu NGL Complex and a new processing plant in the Permian Basin.

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Oil Gas Leads

MARCH 10, 2025

This trend aligns with industry shifts over the past couple of years, as lower oil and gas prices have led operators to prioritize shareholder returns, debt reduction, and capital efficiency over aggressive production increases. crude oil production will rise from a record 13.2 million barrels per day (bpd) in 2024 to around 13.6

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Aresco

MARCH 13, 2025

AI models analyze real-time data from drilling sites, pipelines, and refineries, adjusting operations to optimize production and efficiency. AI-powered systems can fine-tune extraction techniques, monitor pipeline integrity, and adjust refinery processes to maximize output while reducing the risk of inefficiencies.

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Valor

FEBRUARY 24, 2025

Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%. crude oil inventories increase by 4.6

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Energy Transfer

DECEMBER 10, 2024

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. This has occurred even as our country continues to produce more crude oil than any other nation ever has. have fallen 44 percent since 2011. Also of note are advancements U.S.

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Drillers

MARCH 24, 2020

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa.

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Oil Royalty Exploration and Production Government 52

Producer's Edge

JANUARY 20, 2025

Pioneer Natural Resources USA, Inc. ("Pioneer"), a natural gas producer operating in the Permian Basin, entered into a firm contract with MIECO, L.L.C. ("MIECO"), an energy trading firm. ” Section 11.2:

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Oil Gas Leads

MARCH 8, 2025

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand.

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Oil Gas Leads

MARCH 11, 2025

Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.

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Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 crude oil investments.

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Energy Transfer

DECEMBER 23, 2024

It was another exciting and successful year for Energy Transfer and Sunoco, with everything from impactful acquisitions and a major pipeline deal to sports sponsorships and record-breaking donations. 2024 is almost in the books! As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024.

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Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

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Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. BP is doubling down on its U.S.

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Aresco

NOVEMBER 18, 2024

energy production faced challenges from restrictions on federal land leases, the revocation of key pipeline projects, and limitations on exports. Meeting Energy Demand and Supporting National Interests Beyond the financial incentives, Trumps energy policies are expected to revive American energy independence, supporting U.S.

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Valor

FEBRUARY 17, 2025

WTI holds above $70 amid Russia-Ukraine peace talks Summary : WTI crude oil remains cautiously above $70 as investors await further developments in the Russia-Ukraine peace talks, which could potentially flood the market with more Russian oil and negatively affect prices. Stay tuned for weekly updates to keep you well-informed.

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Aresco

NOVEMBER 7, 2024

Energy Independence on the Horizon During his first term, Trump championed policies that helped the United States achieve energy independence while becoming a net-exporter of crude oil. crude oil production became number one in the world , surpassing Saudi Arabia and Russia. In 2018, U.S.

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