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Oil Review Middle East - Untitled Article

Oil Review Middle East

Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. bcm of the additional gas flaring.

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Pa.’s First-in-Nation Gas Impact Tax Pumps Millions into Local Communities

Marcellus Shale Coalition

The $165 million generated by Pennsylvania’s natural gas impact tax in 2024 demonstrates yet another way the state’s energy abundance is a win for residents and the Commonwealth. The natural gas impact fee provides critical financial support to communities across Pennsylvania. Williamsport Sun-Gazette: Gas impact fee brings another $6.9

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MidOcean emerges as lead bidder for Petronas’ Canada assets, sources say

Oil & Gas 360º

(World Oil) – MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, has emerged as the frontrunner to buy a minority stake in Petronas’ Canadian business, people familiar with the matter said. billion) in 2012 to boost its shale-gas assets and gas supplies.

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YPF turnover ruling in US casts shadow on Argentina’s shale, FX plans

Oil & Gas 360º

billion court judgment against the country over its 2012 nationalization of the firm. 2 shale gas reserve and No. Vaca Muerta has hit production of over 400,000 barrels per day of oil and some 70 million cubic meters of gas per day. ” The judgment adds uncertainty to Argentina’s plans to turn Vaca Muerta, the world’s No.

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Annual Pa. Natural Gas Impact Tax Revenues Top $164 Million

Marcellus Shale Coalition

communities to date; Consumer savings top $10 billion in 2024 PITTSBURGH, PA – June 23, 2025 – Pennsylvania’s natural gas impact fee, the state’s tax on natural gas development, generated $164.5 Natural gas development remains a key economic driver in Pennsylvania. Nearly $3 billion generated for Pa. PUC data shows.

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Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

Asimismo, cerca del 20% del comercio global de gas natural licuado (GNL) transita por Hormuz, principalmente desde Qatar. Actualmente, México exporta principalmente crudo pesado Maya, mientras que importa grandes volúmenes de gasolinas, diésel y gas LP para satisfacer su consumo interno.

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Citi examines oil supply disruptions and crude prices as Israel-Iran air war rages

Oil & Gas 360º

” However, these previous disruptions, which included events like the First Gulf War in 1990 and sanctions on Iran in 2012 and 2018, do not mean that prices will “go up or stay elevated for a long time,” the brokerage flagged.

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