Oil & Gas 360º
JULY 11, 2025
sanctions on Venezuela’s energy industry since 2019. and European refineries. Venezuela has some of the world’s largest reserves of oil, but its crude output remains at a fraction of what it was a decade ago after a lack of investment, mismanagement at PDVSA and U.S. The licenses to U.S.
McKinsey
JULY 10, 2025
The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. 1 âEU Emissions Trading System: Scope of the EU ETS,â European Commission.
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Oil Gas Leads
JULY 16, 2025
ExxonMobil aims to: Double the industry-standard shale recovery rates (currently ~6–8%) Deploy AI-driven monitoring, frac proppant advances, and real-time optimization Reduce drilling/completion costs while boosting EUR per well Look for continued field trials and data-driven refinement of these technologies before 2026. million bpd out of 1.5
Rigzone
JULY 25, 2025
"Investment and innovation in the oil and gas sector has led to the significant reduction in the emissions we have seen since OGEMR was introduced in 2019. The MoU establishes a collaborative framework to explore multiple pipeline and rail corridors, and expansion of processing hubs for critical minerals.
Rigzone
JUNE 23, 2025
TotalEnergies has converted its La Mede and Grandpuits refineries into biorefineries. TotalEnergies launched the La Mede biorefinery in 2019. It will be filtered at Quatra sites and sent to TotalEnergies’ biorefineries for road biofuels and SAF production.
Permian Basin Oil and Gas Magazine
JUNE 5, 2025
Crocker, who has been ExxonMobil’s President/Global Business Solutions since 2023, joined the company in 1995 at the Fawley Refinery in the United Kingdom. from 2012 to 2019. The Board of Directors appointed Matt Crocker president, ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation.
Drillers
MARCH 24, 2020
For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. The government has been fighting the illicit refineries for years. million BPD as of November 2019. Nigeria currently can produce more than 2 million BPD of crude oil.
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