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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%

BBL 75
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EIA Report – Product Prices and Pipeline News

The Energy Law

Crude oil recorded yet another record high, increasing over $4 per barrel to nearly $80. Bbl UP $4.11 Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $6.13/MMBtu MMBtu UP $0.32 NYMEX (September deliveries) $6.438/MMBtu UP $0.63

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

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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Latest EIA Report – product prices and pipeline news

The Energy Law

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

Oil & Gas 360º

Leading Low Decline Light Oil Position in Saskatchewan : The combined company becomes the second largest producer in Saskatchewan with consolidated assets in west and southeast Saskatchewan. These foundational assets have approximately 7,000 development locations to support meaningful free funds flow generation into the future.

Energy 130
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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 industry is experiencing one of its most transformative periods. By optimizing well productivity and leveraging enhanced oil recovery techniques, the company maintained steady production growth while maintaining profitability in a volatile price environment. 2025 Forecast Projected Crude Oil Output: 6.6

Basin 40
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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.

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