NGT News

AUGUST 14, 2020

Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., The plant would no longer produce fuels from crude oil but instead would make fuels from used cooking oil, fats, greases and soybean oils. to produce renewable fuels.

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McKinsey

JUNE 30, 2022

The energy transition will reduce demand for oil products but increase opportunities to capture the growing demand for petrochemicals.

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Energy Central

SEPTEMBER 12, 2024

World crude oil extraction reached an all-time high of 84.6 World monthly crude oil production based on data of the US Energy Information Administration (EIA). million barrels per day in late 2018, and production hasn’t been able to regain that level since then.

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Energy Central

JUNE 16, 2022

Our recent workshops and studies (Link: CANES NES TR-23 ) have developed a strategy to replace all crude oil with low-carbon drop-in biofuels using cellulosic feedstocks without significant impacts on food and fiber prices.

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Oilholics Synonymous Report

FEBRUARY 10, 2025

The Oilholic is delighted to be back in Delhi ahead of India Energy Week 2025 as the world's second-largest of crude oil importer and a leader in renewables opens its doors to the global energy community. The week-long event - being held from Feb 11 to 14, 2025 - will showcase India's energy sector and its potential.

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Rigzone: News

JANUARY 21, 2025

Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook.

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Oilholics Synonymous Report

SEPTEMBER 18, 2024

The first two days of Gastech 2024 have flown by with talking points aplenty and a who's-who of the energy industry in Houston at the city's George R. Bush got things going on Monday night by highlighting his state and country's achievements in the global energy sphere at the Gastech pre-event gala dinner. Brown Convention Center.

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Daily Energy Report

MARCH 4, 2025

Chart of the Day EOA: A Rare Russian Urals Shipment to South Africa Subscribe now Summary Figure (1) shows trends in South Africa's crude oil imports by source. Russia sent a rare shipment of Urals crude, arriving by month's end, as discussed below. Most imports come from Nigeria, Saudi Arabia, and Angola.

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Daily Energy Report

MARCH 11, 2025

Pentanes: Used in gasoline blending or as a diluent for heavy crude oil. Butane: Often used in lighters, as a fuel, or blended into gasoline. Isobutane: A variant of butane, used in refrigeration and as a propellant. It is also called natural gasoline. Exports are now at a record high. Below we discuss the causes and the outlook.

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Oil & Gas 360º

MARCH 11, 2025

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

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Energy Central

MAY 12, 2022

In fact, world crude oil production has been falling behind needed levels since 2019. Media outlets tend to make it sound as if all our economic problems are temporary problems, related to Russia’s invasion of Ukraine.

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Oil & Gas 360º

MARCH 11, 2025

The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil. The huge resources discovered offshore Guyana since 2015 have made the country one of the newest crude oil exporters.

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Daily Energy Report

MARCH 12, 2025

March 12, 2025 Chart of the Day EOA: OPEC+ Crude Production Increased in February but is Expected to Decrease in March Summary OPEC crude oil production increased by 151 kb/d in February MoM, per OPEC's Monthly Oil Report released earlier today.

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Reporting Oil and Gas

NOVEMBER 28, 2023

percent decline in crude oil production. Total crude oil produced amounted to a total of 35.42 This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields.

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Energy Central

JANUARY 8, 2025

As the world enters 2025, the critical issue we are facing is Peak Crude Oil, relative to population. Crude oil has fallen from as much as.46 World crude oil production per person, based on data of the US EIA. 46 gallons per person, which was quite common before the pandemic, to close to.42

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Oil & Gas 360º

MARCH 6, 2025

million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf Coast, traded at a $1.31 crude futures.

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RBN Energy

MARCH 11, 2025

crude oil market has undergone a drastic shift since the Shale Revolution. After a quarter-century of declining production and increasing dependence on imported oil, the U.S. into a major exporter and a critical supplier to the international market and also led to an evolution in crude oil trading.

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True Natural Gas

JANUARY 26, 2025

Natural gas is one of the most important energy sources powering homes, businesses, and industries worldwide. The Role of Temperature in Gas Formation The temperature at which these hydrocarbons formed determined whether oil or natural gas would be produced. But have you ever wondered how natural gas is formed?

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Daily Energy Report

FEBRUARY 24, 2025

February 24, 2025 Chart of the Day EOA: Germany's Oil Consumption Increased in 2024 and is Expected to Rise in 2025 Summary Figure 1 shows monthly trends in Germany's imports of crude oil and petroleum products since the beginning of 2022. Imports increased in 2024 compared to 2023. Imports have risen in the last three weeks.

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Reporting Oil and Gas

NOVEMBER 26, 2023

Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. The government’s investment in exploring green minerals like graphite, manganese, and bauxite was also emphasized to support the green energy transition.

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BOE Report

MARCH 12, 2025

crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.4 million barrels to 435.2

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Oil & Gas 360º

MARCH 6, 2025

Previously, the consortium of local subsidiaries of Chinese oil company Sinopec and New Stratus Energy Inc. billion, 20-year deal to take over the 75,000 barrel per day Block 60, or Sacha oil field. had until April 4 to make the payment. Its been pledged as part of a $3.2

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Energy Central

JANUARY 29, 2025

The massive US and worldwide transportation sectors are fueled mostly by crude oil. In 2023, worldwide crude oil consumption.

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Energy Central

JUNE 10, 2024

shale revolution is changing the energy picture in our country, but also impacting crude oil, natural gas liquids (NGL), and natural gas supply and prices worldwide. The combination of horizontal drilling with hydraulic fracturing to unlock hydrocarbons from tight rock has made a huge impact.

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Energy Transfer

NOVEMBER 19, 2024

On November 6, Energy Transfer reported its financial results for the third quarter of 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea, and CFO Dylan Bramhall. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023. Energy Transfer reported net income of $1.18

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Oil & Gas 360º

MARCH 6, 2025

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Rigzone: News

JANUARY 6, 2025

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future as part of the fourth quarter Dallas Fed Energy Survey.

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RBN Energy

MARCH 13, 2025

As the global crude oil market continuously evolves, so do the tools that traders, refiners and producers rely on to navigate its complexities. Among these tools, futures contracts play a pivotal role, allowing market participants to manage risk and ensure liquidity.

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Oilholics Synonymous Report

OCTOBER 15, 2024

Then came a revelation that OPEC - deemed the most bullish of the crude oil demand growth forecasters - had revised its prediction lower for 2024 below 2 million bpd. And if that wasn't bearish enough, media reports, led by The Washington Post , also suggested on Tuesday that Israel may not attack Iran's oil facilities as feared.

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Crude Oil Futures

DECEMBER 20, 2024

The price of crude oil remained remarkably stable throughout the week, despite ongoing volatility in Syria and a deepening energy crisis in Iran, which holds the world's fourth-largest proven oil reserves. Analysts had anticipated a modest surge in oil prices due to the swift military advancements by rebels in Syria.

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Oil Gas Leads

MARCH 4, 2025

A combination of rising energy prices, stable production, and economic expansion has positioned the region as a key driver of the U.S. oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. per barrel of oil equivalent (boe) , up 15.6%

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Valor

FEBRUARY 24, 2025

and Russia prepare for peace talks on Ukraine, with potential impacts on oil sanctions and seaborne shipments. Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2

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The Energy Law Blog

JULY 3, 2019

Last week the Texas Supreme Court granted review in Energy Transfer Partners, L.P. Energy Transfer Partners has garnered significant amicus support on both sides of the “v.” and has been closely followed by the energy industry. Enterprise Products Partners, L.P. , a case concerning Texas partnership law.

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Energy Central

JULY 28, 2022

Oil Prices rallied between December 2021 and March 2022 to hit new 14-year highs. The light crude oil raced to reach $130 per barrel before plunging to a low of $93 in April. And after surging again to hit a high of $123 on June 10, the WTI crude oil price pulled back again to trade below $94 last week.

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Energy Central

APRIL 3, 2023

REUTER BY ROWENA EDWARDS AND AHMED RASHEED, EDITING BY GERMÁN & CO March 31 (Reuters) - An international arbitration ruling on March 23 prompted the shutdown of Iraq's northern crude oil exports through Turkey and sent oil prices back.

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Oilholics Synonymous Report

DECEMBER 24, 2024

That's because crude oil prices are at their lowest for nearly three years too, owing to lower demand (mainly from China), higher supply (largely from the US) and a stronger dollar (courtesy of the US Federal Reserve).

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Energy Transfer

OCTOBER 18, 2024

For more than two decades, Energy Transfer has helped supply America with energy. In that time, weve become one of the largest and most diversified energy infrastructure companies in North America. The post Highlights from Energy Transfer’s 2023 Corporate Responsibility Report appeared first on Energy Transfer Facts.

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