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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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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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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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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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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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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True Natural Gas

JANUARY 26, 2025

Natural gas is one of the most important energy sources powering homes, businesses, and industries worldwide. This process caused the organic matter to undergo chemical transformations, breaking it down into hydrocarbons—the building blocks of natural gas and oil. But have you ever wondered how natural gas is formed?

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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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Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

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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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Reporting Oil and Gas

NOVEMBER 26, 2023

The Minister for Lands and Natural Resources, Samuel Abu Jinapor, commended President Akufo-Addo and Vice President Dr. 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.

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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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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). Keep reading, keep it here, keep it 'crude'! On that note, it's time to take your leave for the festive week.

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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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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 360º

MARCH 13, 2025

(Oil Price) –Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report.

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Oil & Gas 360º

MARCH 4, 2025

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans.

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Egypt Oil & Gas

MARCH 11, 2025

The Minister of Energy of Indonesia Bahlil Lahadalia announced that the country is to build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day (mmbbl/d) increasing from 500,000 b/d, Reuters reported.

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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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Oil & Gas 360º

MARCH 4, 2025

million bpd growth forecast by the International Energy Agency. Oil in London dropped to the lowest in almost three months this week, following the OPEC+ plan. Thats slightly higher than the 1.05 The company also followed through with a previously announced plan tocut its total dividendfor 2025.

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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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Oil & Gas 360º

MARCH 10, 2025

These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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The Energy Law

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 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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Aresco

OCTOBER 25, 2023

Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. It involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.

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Rextag

JANUARY 13, 2025

Californias relentless wildfires are not only devastating homes and businesses but also putting the regions critical energy infrastructure in jeopardy. Californias relentless wildfires are not only devastating homes and businesses but also putting the regions critical energy infrastructure in jeopardy.

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Orient Energy Review

MARCH 22, 2023

He also said over 87 oil tankers involved in various crude oil and product theft had been arrested, as theft of over three million barrels of crude oil was prevented, while 15 million litres of petrol and diesel were recovered.

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Rextag

NOVEMBER 25, 2024

crude oil inventories grew by 545,000 barrels last week to reach 430.3 Energy Information Administration (EIA). Adding to the intrigue, oil held in the Strategic Petroleum Reserve (SPR) rose by 1.4 Adding to the intrigue, oil held in the Strategic Petroleum Reserve (SPR) rose by 1.4 crude oil production fell to 13.2

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Oil Gas Leads

MARCH 10, 2025

The midstream energy sector is undergoing a transformative shift. This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Energy Transfer (ET) Who Are the Key Players? Why the Permian?

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Energy Transfer

FEBRUARY 12, 2025

On February 11, Energy Transfer reported its financial results for the fourth quarter and year ended 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023. billion compared to $3.6 Adjusted EBITDA was $1.1

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Oil Review Middle East

MARCH 10, 2025

Nasser, Aramcos president and CEO, noted that Aramco has made significant strides during the year on a number of projects and initiatives aimed at reinforcing its upstream pre-eminence, further integrating its downstream portfolio and developing the new energies business.

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Scambio Termico

FEBRUARY 16, 2023

In oil and gas refineries, PHEs are used in a variety of applications, including: Crude oil preheating: PHEs can be used to preheat crude oil before it enters a distillation tower, reducing the energy required for the distillation process and increasing the overall efficiency of the refinery.

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Rextag

JANUARY 9, 2025

Shell has issued a stark warning about a significant drop in earnings from its integrated gas division and reduced production guidance across its oil and gas segments. The announcement highlights the ongoing challenges facing the energy giant. billion within its renewables and energy solutions segment. billion to $3.0

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Oil Gas Leads

MARCH 8, 2025

oil and gas production, and ONEOK Inc. Crude Oil Infrastructure & Market Integration ONEOKs crude oil transportation and gathering capabilities in the Permian have been significantly strengthened by recent acquisitions. The Permian Basin continues to be a driving force behind U.S. Bcf/d in 2025.

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Energy Central

JUNE 24, 2024

oil production is presently at about the same level it was 10 months ago. million BPD of crude oil. I have noted in recent articles that U.S. In August 2023, the U.S. produced 13.0 That gradually rose to 13.3 million BPD by the end of 2023 but has since declined back to 13.1 million BPD.

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Nestoil

SEPTEMBER 4, 2024

The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. Additionally, refining margins can increase during periods of low crude oil prices, enhancing profitability.

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Egypt Oil & Gas

MARCH 13, 2025

Minister of Petroleum and Mineral Resources Karim Badawi held meetings with Clay Neff, President of Chevron International Exploration and Production, and Dong Sub Kim, President & CEO of Korea National Oil Corporation (KNOC), focusing on investments and capacity building.

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