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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

Improved fiscals introduced through Nigeria’s Petroleum Industry Act in 2021 further enticed investments by both international and regional players. A marginal field bidding round was launched in 2020 to entice indigenous operators to invest in marginal field opportunities, drawing in 591 companies seeking to develop 57 oilfields.

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EIA report: Imports of energy to U.S. fall to 40-year low in 2024

Permian Basin Oil and Gas Magazine

total energy imports were about 22 quadrillion British thermal units in 2024 and have been relatively flat since 2021. Crude oil and refined petroleum product imports combined accounted for about 84 percent of U.S. total energy imports in 2024 with natural gas accounting for most of the remainder at 15 percent.

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Daily Energy Report

Daily Energy Report

Although they rarely increase in June, they did last month, as shown in Figure 1, which illustrates trends in India’s monthly petroleum product exports since early 2021. Subscribe now EOA’s Main Takeaways Read more

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Middle East Conflict Jolts Energy Markets

Enverus

Strategic Petroleum Reserve is depleted by 200 million barrels to 2021. Israel’s military strikes in Iran have reminded traders that Middle Eastern oil supplies are not risk-free. Global oil stocks are below five-year averages, and the U.S. These factors leave the market more vulnerable to supply shocks.

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Badawi Discusses Natural Gas Investment Plans with bp

Egypt Oil & Gas

The Raven field, the final phase of the WND project, has been in production since early 2021. The WND Gas Development comprises a series of gas condensate fields located offshore Egypt, within the North Alexandria and West Mediterranean Deepwater concessions.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

10 Based on the European Union’s 2021 emissions. billion available for allocation between 2021 and 2027, with about €630.0 The Connecting Europe Facility-Energy (CEF-E) has a budget of approximately €6 billion available between 2021 and 2027 to help the transition toward clean energy. Horizon Europe has made €95.5

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Petronas Brings SMJ Energy Onboard Its Third FLNG Project

Rigzone

Earlier this month, Petronas formalized several key agreements with the state of Sabah through its unit, Malaysia Petroleum Management. These deals are part of the Commercial Collaboration Agreement that Petronas signed with the state government in 2021.

IT