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. Total OPEC+ crude production rose by 363 kb/d MoM to 41.011 mb/d.

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Iraq Business News: Oil & Gas

FEBRUARY 26, 2025

Iraq's Ministry of Oil has announced finalised oil export volumes for January, but has again not disclosed the value of oil exports for the month. This continues the practice of delayed or missing oil export data from the Ministry. Total exports of crude oil: 103,343,193 barrels. By John Lee.

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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. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.

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Aresco

MARCH 13, 2025

AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. Digital twinsvirtual models of physical assetsare also transforming maintenance strategies.

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Drillers

FEBRUARY 25, 2020

The beginning of the 20 th century in the United States was marked by what historians call the Texas oil boom. The gushers were oil wells where the oil and gas were under so much pressure; they sprang out when the well got drilled. They also work well with lighter (less viscous) crude oil grades.

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Drillers

MARCH 24, 2020

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

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Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

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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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The Energy Law

SEPTEMBER 4, 2009

By Kerry Murphy On Wednesday September 2, BP drilled the world’s deepest oil well – the Tiber Prospect Well – and discovered a huge pool of crude oil. As is common in deep-water operations, it will take years of work and millions of dollars before oil can be drawn from the well.

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The Energy Law

DECEMBER 8, 2017

In a decision by the Louisiana Board of Tax Appeals, Liskow & Lewis attorneys Robert Angelico , Jim Exnicios , Cheryl Kornick , RJ Marse , and Jeff Birdsong obtained a ruling rejecting attempts by the Louisiana Department of Revenue to increase the amount of severance taxes due on crude oil produced in Louisiana.

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The Energy Law

APRIL 17, 2019

In a victory for the oil and gas industry, the Third Circuit rendered a decision rejecting attempts by the Louisiana Department of Revenue to impose severance taxes on crude oil production based on index pricing. The decision can be found here.

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Drillers

MARCH 19, 2020

Working on an offshore oil rig or platform is a unique experience Note: In this article, we’ll use the word ‘rig’ and ‘platform’ almost interchangeably, but a rig does the drilling, and a platform does the pumping. Offshore oil fields represent a substantial portion of the worlds total crude oil output.

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Oil Review Middle East

MARCH 10, 2025

The Marjan and Berri increments are expected to be onstream in 2025, with the Zuluf field increment scheduled to follow in 2026 and the second phase of Dammam in 2027. Phase One of its Jafurah unconventional gas field development remains on schedule for 2025, with contracts awarded for Phase Two.

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OilPro

AUGUST 6, 2024

In the oil and gas industry, the process of separating water and other impurities from crude oil and natural gas is crucial for efficient and safe production. As the mixture enters the vessel, the water and heavier impurities sink to the bottom of the vessel, while the lighter oil and gas float to the top.

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The Energy Law

JULY 21, 2016

The oil and gas industry has a significant and far reaching economic impact in Louisiana. 2] A large chunk of the taxes paid by oil and gas companies are severance taxes, which are levied on the production of natural resources taken from private and public land or water bottoms within the territorial boundaries of the state. [3]

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The Energy Law

JUNE 13, 2017

9, 2017), the United States Fifth Circuit Court of Appeals held for the first time that a Responsible Party under the Oil Pollution Act of 1990 (“OPA”) has a statutory claim for contribution to recover purely economic damages from a partially liable third party. Following the spill, the U.S.

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The Energy Law

JULY 9, 2008

involved a class action that was filed by commercial fisherman and native Alaskans against Exxon and its tanker captain for economic losses suffered as a result of the now infamous Exxon Valdez oil spill that occurred in 1989. Baker, et al. Exxon spent $2.1

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Pro-Gas Services

JANUARY 17, 2025

In the intricacies of oil and gas processing, efficiently separating gas from liquids is paramount. Enter the gas separator a vital piece of equipment designed to effectively separate gas from oil, water, and other impurities. Read on to unlock the complexities of these essential processing units.

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Q2 Technologies

SEPTEMBER 13, 2022

Across all industries that we serve from Oil & Gas to biogas at landfill assets to dairy digesters, to the pulp and paper industry and other wastewater municipalities and facilities, we have made a concerted effort to build inventory in a number of strategic locations in case a hurricane or other weather event disrupts long-haul transport.

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Oil & Gas 360º

MARCH 12, 2025

(World Oil) – Ecuador President Daniel Noboas plan to revitalize the nations biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Former Oil Minister Fernando Santos separately characterized Noboas ultimatum as a pretext to end the negotiations elegantly.

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The Energy Law

APRIL 5, 2018

ATHOS I had its genesis in a 2004 vessel allision and oil spill on the Delaware River between New Jersey and Pennsylvania. The ATHOS I was contracted to deliver crude oil from Venezuela to a syndicate of CITGO interests, collectively referred to as “CARCO.” 2701, et seq. Frescati spent $143 million cleaning up the river.

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Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

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Rextag

FEBRUARY 24, 2025

oil and gas industry is experiencing one of its most transformative periods. oil & gas basins , the leading companies , and market trends using the latest data and forecasts. 2025 Forecast Projected Crude Oil Output: 6.6 Exxon, Chevron, and Shell Are Betting on Carbon CaptureIs It the Future? We analyze major U.S.

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The Energy Law

OCTOBER 16, 2014

As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.

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Aresco

DECEMBER 17, 2024

Crude oil is one of the most vital commodities in the world, powering industries, transportation, and economies globally. What Are Direct Oil and Gas Exploration Investments? Crude Oil Investing Opportunities – Click image to request more info. Who Qualifies as an Accredited Investor?

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Crude Oil Futures

DECEMBER 5, 2024

It became a playing field for numerous actors on his watch to sow seeds of individual vested interests, in the aftermath of civil unrest that followed the Arab Spring. The US, Iran, Russia and Turkey are all in it, vying for holding on to their own sphere of influence.

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Valor

FEBRUARY 3, 2025

February 3, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices ease as US tariffs on Mexico paused for a month Summary : Oil prices edged lower after initially rising by more than $1, as the U.S. Brent crude futures were down 0.2%, while U.S.

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Oil & Gas 360º

MARCH 10, 2025

(Investing) –HOUSTON -The worlds energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fuel U.S. oil and gas output – already at record levels before he took power. oil and gas, if the U.S. refiners need from Canada and Mexico.

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The Energy Law

MARCH 31, 2021

The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S energy security, and oil prices. [7]. Constitution. Background. Gulf Coast.

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The Energy Law

MARCH 31, 2021

Background The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S energy security, and oil prices. [7] Constitution. Gulf Coast. 8] This time, the permit was approved within two months, on March 23, 2017.

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