OilPrice

MARCH 7, 2025

Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination of OPEC+ supply hikes, trade war escalations, and weak demand indicators has kept oil bulls at bay, reinforcing a bearish outlook for the market.

Oil 148

Oil Crude Oil Barrel IT 148

NGT News

AUGUST 14, 2020

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

Refinery 200

Refinery Crude Oil Oil Manufacturing 200

Oil & Gas 360º

MARCH 11, 2025

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. crude oil supply growth smaller than what it has been/ what is expected fuels our bullish oil outlook. Figure 11: U.S.

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Oil Natural Gas Gas BCF 130

Rigzone: News

FEBRUARY 25, 2025

crude oil production, including lease condensate, averaging 13.59 According to its latest short term energy outlook, the EIA sees U.S. million barrels per day this year.

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Crude Oil Oil Condensate Barrel 59

BOE Report

MARCH 10, 2025

The Port of Vancouver moved a record amount of goods through its gates last year, an increase driven partly by surging oil exports made possible by the Trans Mountain Pipeline. The Vancouver Fraser Port Authority says total freight at the country’s largest port grew five per cent year-over-year to reach 158 million tonnes in 2024.

Crude Oil 84

Crude Oil Oil Pipeline IT 84

Oilholics Synonymous Report

OCTOBER 15, 2024

For the second successive session this week oil prices have slid further and faster. 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. Keep reading, keep it here, keep it 'crude'!

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Oil Barrel Crude Oil Completion 130

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. Production is also expected to grow, to 2.32.5

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Oil Upstream Management Gas 130

Oil & Gas 360º

MARCH 4, 2025

(World Oil) – Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the worlds biggest oil producer Saudi Aramco. Oil use is set to rise by 1.3 Thats slightly higher than the 1.05

Oil 130

Oil Barrel Natural Gas IT 130

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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Oil Exploration and Production Field Offshore 130

Oil & Gas 360º

MARCH 13, 2025

(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. Hambly, President and CEO of Murphy Oil.

Oil 130

Oil Offshore Exploration and Production Barrel 130

Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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E&P Oil Exploration and Production Field 130

Egypt Oil & Gas

MARCH 6, 2025

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5%

BBL 75

BBL Oil Gas Condensate Crude Oil 75

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. Going forward, West and North Africa are expected to lead the spending spree through 2030.

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Oil Gas Natural Gas Energy 130

Rigzone: News

JANUARY 21, 2025

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

Crude Oil 52

Crude Oil Oil Energy Energy 52

Rigzone: News

DECEMBER 18, 2024

The EIA noted in its December STEO that a combination of increasing domestic crude oil production and decreasing U.S. refinery runs means reduced net imports of crude oil next year.

Crude Oil 52

Crude Oil Oil Refinery IT 52

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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Crude Oil Oil IT 52

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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Crude Oil Oil Barrel Field 52

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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Crude Oil Oil Government Exploration and Production 52

Oil & Gas 360º

MARCH 6, 2025

government on Canadian crude also pressured the spread as Midwest refiners were seeking WTI-Midland crude to Cushing to replace Canadian light sweet oil, said Energy Aspects analyst Jeremy Irwin. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 crude exports in 2024.

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Refinery Barrel Pipeline Crude Oil 130

Oil & Gas 360º

MARCH 14, 2025

(Oil Price) –Petronas has launched a process to potentially sell its interest in a Vaca Muerta joint venture which would see Malaysias national oil and gas firm exit the Argentinian shale region, sources with knowledge of the matter have told Bloomberg. By Tsvetana Paraskova for Oilprice.com

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Oil Gas Offshore IT 130

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. Thats its lowest in decades, according to Reuters , as the company has admitted it is struggling with crude quality.

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Crude Oil Oil Refinery Condensate 52

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. But for now keep reading, keep it here, keep it 'crude'! More soon from here. To follow The Oilholic on Twitter click here.

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Energy Energy Crude Oil Oil 130

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.

Crude Oil 52

Crude Oil Oil Management IT 52

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.

Crude Oil 130

Crude Oil Oil IT Energy 130

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.

Crude Oil 52

Crude Oil Oil Barrel IT 52

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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Crude Oil Energy Energy Oil 85

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 Energy Energy Crude Oil 52

Rigzone: News

JANUARY 14, 2025

Canadian Natural said it is aiming to drill 361 net wells across its crude oil and liquids-rich natural gas assets.

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Crude Oil Natural Gas Oil Gas 52

Oilholics Synonymous Report

SEPTEMBER 18, 2024

The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer. All at a time when oil prices are currently lurking around 2021 lows. It also served as a curtain raiser for India Energy Week 2025.

Natural Gas 130

Natural Gas Energy Energy Gas 130

Scambio Termico

FEBRUARY 16, 2023

Plate heat exchangers (PHEs) are commonly used in oil and gas refineries for a variety of applications, including heat recovery, preheating of feedstock, cooling of product streams, and intercooling of gases. The plates are typically made of stainless steel or titanium, which are resistant to the corrosive effects of oil and gas.

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Refinery Oil Gas Crude Oil 52

NIOSH Science: Oil & Gas

AUGUST 24, 2018

Background A previous NIOSH report (2016)1 described the death of nine oil and gas extraction workers that occurred during gauging or sampling activities at open thief hatches on crude oil storage tanks. It has been demonstrated that HGVs can build

Oil 52

Oil Crude Oil Gas IT 52

Aresco

JULY 17, 2024

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.

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Royalty Oil Gas Exploration and Production 52

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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Refinery Crude Oil Barrel Oil 52

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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Oil Gas Crude Oil IT 52

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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Oil Gas Exploration and Production E&P 52

Rextag

NOVEMBER 25, 2024

crude oil inventories grew by 545,000 barrels last week to reach 430.3 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 In contrast, crude oil refinery inputs dropped by 281,000 bpd to 16.2

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Oil Barrel Crude Oil Refinery 40

Aresco

FEBRUARY 14, 2024

The depletion allowance is a tax provision in the United States designed to account for the reduction of natural resources, such as oil and gas, as they are extracted and sold. For the oil and gas industry, the depletion allowance functions similarly to depreciation for other types of assets.

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Oil Gas Crude Oil Exploration and Production 52