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Oil Review Middle East - Untitled Article

Oil Review Middle East

Aramco has also completed the first full cycle of gas storage and reproduction into the Master Gas System from the Kingdoms first underground natural gas storage reservoir. When completed, this facility is expected to be one of the largest in the world, with the capacity to capture up to nine million tons of CO2 annually from the first phase.

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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?

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In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. in LNG infrastructure expansion, with several new projects advancing toward completion in 2025. Gulf Coast refineries. Louisiana led the U.S. MMBbl/d (+1.8 MMBbl/d from 2024).

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