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.

Crude Oil 52

Crude Oil Oil Refinery Condensate 52

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.

Exploration and Production 52

Exploration and Production Field Oil Petroleum 52

Valor

FEBRUARY 24, 2025

Under pressure from activist investor Elliott Management, which holds a 5% stake, BP is shifting focus back to fossil fuels, selling 10 U.S. Refinery inputs averaged 15.4 Total petroleum inventories increased by 0.2 24, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management. GW capacity. Read more U.S.

Barrel 52

Barrel Energy Energy Oil 52

Rextag

FEBRUARY 24, 2025

Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. Cost Management: The company is shifting towards a cash flow-focused approach, ensuring stable returns for shareholders while limiting risk.

Basin 40

Basin Oil Gas Exploration and Production 40

Valor

MARCH 10, 2025

Energy Secretary Chris Wright estimates it will take $20 billion and several years to refill the Strategic Petroleum Reserve (SPR) to near capacity, following the sale of nearly 300 million barrels under the Biden administration, which pushed reserves to a 40-year low of 395 million barrels. Read more U.S. Read more New report shows U.S.A

Energy 52

Energy Energy Barrel Natural Gas 52

Crude Oil Futures

JANUARY 25, 2025

anti-missile defense systems, known as Patriotic Batteries, although Saudi Arabia later managed to borrow these from Greece. When Biden's diplomatic efforts failed, he resorted to releasing oil from the Strategic Petroleum Reserve (SPR), which was at odds with its intended use for emergencies rather than market stabilization.

Oil 52

Oil IT Energy Energy 52