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

Egypt Oil & Gas

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5%

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EIA Report – Product Prices and Pipeline News

The Energy Law Blog

Crude oil recorded yet another record high, increasing over $4 per barrel to nearly $80. Bbl UP $4.11 Bbl UP $4.11 Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $6.13/MMBtu MMBtu UP $0.32 West Texas Intermediate Spot $79.85/Bbl

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Latest EIA Report – product prices and pipeline news

The Energy Law Blog

Since Wednesday, August 15, all prices reported in the weekly chart (for both natural gas and crude oil) have decreased as Hurricane Dean failed to have a significant impact on domestic production in the Gulf of Mexico, and temperatures moderated demand. Bbl DOWN $4.06 Bbl DOWN $4.06

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law Blog

Crude oil was up over $2 per barrel. Bbl UP $2.22 Bbl UP $2.22 Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.

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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

Oil and Gas Basins: Growth, Challenges, and 2025 Outlook Permian Basin (Texas & New Mexico) The Undisputed Leader 2023-2024 Overview The Permian Basin has remained the most important oil-producing region in the United States, supplying nearly 46% of the nations crude oil output in 2024. crude oil investments.

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President Biden Should Immediately Convene A Summit With U.S. Oil Producers

Energy Central

If you have ever wondered what it would be like if a major oil-producing country suddenly went offline, you are getting a preview of that now. Well, that also.

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