Egypt Oil & Gas

MARCH 9, 2025

Three Romanian companies intend to compete for the investment opportunities offered by the Ministry of Petroleum and Mineral Resources (MoPMR) for crude oil and natural gas exploration operations. The post Romanian Investors Eye Egyptian Oil, Gas Sector first appeared on Egypt Oil & Gas.

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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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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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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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The Energy Law

JANUARY 24, 2007

The Associated Press reported today that a federal jury found Kerr McGee liable for additional royalties on crude oil produced from federal properties and sold through Texon. Kerr McGee had denied the allegations and claimed that no additional royalties were owed. Kerr McGee has indicated that intends to appeal the verdict.

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Crude Oil Futures

DECEMBER 28, 2024

While hailed as a potential lifeline, the focus appears to be more on debt management, particularly for local governments and the ailing property sector, rather than direct economic growth stimulation. The burgeoning electric vehicle market, a key government priority, is expected to dampen long-term oil demand, even with economic recovery.

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Aresco

AUGUST 13, 2024

Amid this backdrop, a growing number of Florida investors are turning to alternative investments, particularly direct investing in oil and gas drilling projects. Despite the push towards renewable energy sources, fossil fuels remain integral to the energy mix, and the demand for oil and gas is expected to persist for decades.

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Oil Gas Leads

MARCH 4, 2025

oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72

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Iraq Business News: Oil & Gas

FEBRUARY 24, 2025

The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. This commitment was reiterated during a joint phone call between: Hayan Abdul Ghani Abdul Zahra, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil.

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Valor

FEBRUARY 24, 2025

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

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The Energy Law

SEPTEMBER 12, 2008

By Jonathan Hunter: In a highly anticipated decision, the Tenth Circuit held this week that the district court had subject matter jurisdiction over a qui tam action filed by an MMS auditor concerning royalty payments on crude oil produced from offshore federal leases. The court also ruled that “Mr.

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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

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 6, 2025

(Oil Price) –Mexicos state oil firm Pemex is holding discussions with crude buyers in Asia and Europe to potentially sell there its oil, which is now being taxed with a 25% tariff by its single biggest customer, the United States, a senior government official in Mexico told Reuters.

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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. million acres in Alberta. The combined company will continue to pay Whitecap’s annual dividend of $0.73

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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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Crude Oil Futures

DECEMBER 19, 2024

In recent weeks, the Iranian government has implemented drastic measures in an attempt to manage the situation, with limited success: schools have switched to online learning, universities have shut down, and President Masoud Pezeshkian has publicly urged citizens to lower their thermostats by at least two degrees.

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Crude Oil Futures

OCTOBER 28, 2024

There are reports that all four S-300 anti-aircraft batteries were affected at strategic locations, in addition to the anti-aircraft batteries that protected the oil infrastructure. The West is aware of this threat and many other potential threats in the absence of a properly-functioning government.

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Oil & Gas 360º

MARCH 13, 2025

(Investing) –LONDON – Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. West Texas Intermediate crude futures fell 39 cents, or 0.6%, to $67.29a barrel. West Texas Intermediate crude futures fell 39 cents, or 0.6%, to $67.29a barrel. a barrel at 10:25 a.m.

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Oil & Gas 360º

MARCH 12, 2025

(Investing) –Oil prices jumped on Wednesday, extending earlier gains that were powered by a weaker U.S. West Texas Intermediate crude futures had climbed by 2.1% A weakening in the dollar can provide a lift for oil prices because it in theory makes crude less expensive for buyers holding foreign currencies.

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Crude Oil Futures

DECEMBER 5, 2024

Despite his poor handling of the affairs of the Syrian state on the military front, at least, President Bashar al Assad managed to keep the country secular in the region that he manages to govern.

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Oil & Gas 360º

MARCH 11, 2025

(BOE Report) –CALGARY The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province-owned heavy oil.

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Oil & Gas 360º

MARCH 5, 2025

New 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, took effect on March 4, kicking off a trade war that will have far-reaching effects on governments, businesses and households alike. crude exports in 2024, while Mexico accounted for 24% of U.S. At the same time, U.S.

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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 12, 2025

(Oil Price) –Canadas energy minister has threatened Washington with curbing exports of crude oil in response to the Trump administrations import tariffs on Canadian goods. However, the biggest producer of crude oil in Canada, Alberta, has signaled it is not on board with the idea.

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Crude Oil Futures

DECEMBER 15, 2024

The price of crude oil slightly increased last week, perhaps due to the lingering anxieties over the handling of Syria by fractured opposition, consisting of various rebel groups. Even a minor incident in the Middle East usually affects the sentiments of both analysts and investors that in turn reflects on oil and gas prices.

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Oil & Gas 360º

MARCH 13, 2025

(Reuters) – HOUSTON, March 13 Donald Trumps return to the White House caused animal spirits to soar in the oil and gas sector, and these vibes were palpable in the halls of the sectors annual conference in Houston this week. The United States already became the worlds top oil and gas producer under former President Joe Biden.

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Aresco

NOVEMBER 18, 2024

Donald Trumps recent reelection victory has set the stage for a renewed era of growth and opportunity within the American oil and gas industry. Investors are turning to private oil and gas companies, such as Aresco LP , to explore direct investments in exploration and development projects. energy exports. based energy companies.

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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. He has repeatedly exhorted the industry to “Drill, baby, drill,” and has ordered government agencies to slash red tape to maximise U.S.

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Oil & Gas 360º

MARCH 13, 2025

(World Oil) – Venezuelan oil contractors are continuing their work with Chevron Corp. government deadline to stop producing oil there by early April. President Donald Trumps administration set an April 3 deadline for the oil major to wrap up operations in Venezuela, cutting short the six-month wind-down period.

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Crude Oil Futures

FEBRUARY 17, 2025

Arab leaders have emphasized that any financial commitment to reconstruction is contingent on guarantees that Israel will not destroy Gaza again, which they see as requiring the exclusion of Hamas from any future government. It is unclear whether the U.S.

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Oil & Gas 360º

MARCH 7, 2025

(Investing) –HOUSTON -Oil prices were up on Friday but retreated from session highs after U.S. “If you dont like the price of oil, wait a minute,” said Phil Flynn, senior analyst with the Price Futures Group. the worlds biggest oil consumer. In early trade, Brent jumped as high as $71.40, while WTI hit $68.22

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Crude Oil Futures

NOVEMBER 15, 2024

Iran is facing economic turmoil, with its currency rapidly depreciating and facing energy shortages despite its substantial oil reserves. Domestic Policy: Trump's administration has appointed Elon Musk and Vivek Ramaswamy to lead a new efficiency department aimed at reducing government waste.

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