OilPrice

MARCH 15, 2025

Five years after an Exxon-led consortium produced the first oil offshore Guyana, the country is pumping more than 600,000 barrels per day (bpd) of crude and has become South Americas fifth-largest oil exporter. Guyana and ExxonMobil expect oil production to jump to 1.3 million bpd by 2030, which would double the current output volumes. With higher production came a surge in Guyanas crude oil exports in recent years.

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Rigzone

MARCH 15, 2025

Last year, Petronas left a venture with YPF to develop a project for liquefying and exporting shale gas.

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OilPrice

MARCH 15, 2025

As Europes energy demand continues to grow, the regions transmission infrastructure is in dire need of an upgrade. There have long been concerns about investment in Europes grid lagging behind renewable energy investment and therefore delaying the deployment of clean power. However, recent assessments have demonstrated just how imminently grid modernisation is needed, if the region hopes to achieve its end-of-decade climate goals.

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Iraq Business News: Oil & Gas

MARCH 15, 2025

By John Lee. Iraq's Ministry of Oil is progressing with the implementation of a dry gas pipeline to support power generation, following directives from Deputy Prime Minister for Energy and Oil Minister Hayan Abdul Ghani. Dr. Ezzat Saber Ismail, Deputy Minister for Gas Affairs, along with Ali Ward Hammoud, Director General of the State Company for Oil Projects (SCOP) , inspected the Khor Al-Zubair terminal in Basra, where the pipeline's receiving arms are under construction.

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OilPrice

MARCH 15, 2025

India has been courting foreign and domestic investment in its clean energy industry in an effort to shore up energy security and meet the nations lofty decarbonization goals. But a new report reveals that while India has offered up record-breaking clean energy tenders, they have been met with weak demand, revealing a number of major obstacles for the sector.

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Oil Gas Leads

MARCH 15, 2025

Patterson Drilling has had an active year in the U.S. so far, with a total of 440 wells drilled across multiple states. Below, we break down key insights from the data, including activity by province, the most active operators, counties with the highest drilling rates, and the top-performing rigs. Total Wells Drilled by State Drilling activity has been concentrated in key oil and gas regions, with New Mexico leading the count at 132 wells , followed closely by Texas at 116 wells.

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OilPrice

MARCH 15, 2025

Nigeria has long been known for being an oil-rich state, as the biggest fossil fuel producer in Africa. In recent years, the government has increasingly focused on expanding the countrys renewable energy capacity to boost its energy security. However, this month, President Donald Trump and Energy Secretary Chris Wright pledged to support fossil fuel development across Africa, which could encourage countries such as Nigeria to continue exploiting their oil and gas resources.

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OilPrice

MARCH 15, 2025

The Renewables MMI (Monthly Metals Index) moved sideways month over month, increasing a slight 1.86%. Meanwhile, renewable energy projects could face some challenges from a combination of tariffs and changing Federal policies. Trump Administrations Energy Policies Reshape the Renewable Sector Since taking power in January, the Trump administration has reshaped the U.S. renewable energy landscape by introducing some significant policy changes.

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Energy Energy 203

CNBC: Energy

MARCH 15, 2025

The officials leading Trump's energy agenda downplayed climate change and called for more energy production to support economic growth and national security.

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