OilPrice

JUNE 10, 2025

Russian President Vladimir Putin has extended a ban on the sale of Russian oil and petroleum products to buyers that comply with the Western-imposed price cap, pushing the restriction through the end of 2025. The goal of the Western policy was to keep Russian oil flowing to global…

Oil

Oil & Gas 360º

JULY 18, 2025

(BOE Report) – LONDON, July 18 – The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime assets heats up. producer in October 2023 with its acquisition of U.S. energy sector.

Oil

Oil & Gas 360º

JULY 16, 2025

(BOE Report) – Giant shovels, driverless trucks and a dog-like robot have all helped Canada’s oil sands companies including Imperial Oil and Suncor become some of North America’s lowest-cost oil producers, driving down overheads even as the worst inflation in a generation pushed U.S. shale costs up. tariff threats.

Oil

Oil & Gas 360º

JUNE 19, 2025

(World Oil) – U.S. crude stockpiles declined the most in almost a year last week, signaling a tighter market for American oil just as the Israel-Iran conflict threatens supplies from the Middle East. Oil inventories dropped 11.5 Oil inventories dropped 11.5 oil exports.

Oil

OilPrice

JULY 16, 2025

China’s oil demand growth is not what it used to be. That’s not only because of the pent-up demand back in 2023. Over the past year, consumption of the road transportation fuels – gasoline and diesel – has been trailing the levels from just two years ago, when China was emerging from nearly three years of Covid-related lockdowns.

Oil

Oil & Gas 360º

JULY 21, 2025

oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration. Chevron’s deal, first announced in October 2023, closed on Friday after a drawn-out dispute over Hess’s 30% stake in Guyana’s Stabroek block, the most attractive asset in its portfolio.

Casing

Oil & Gas 360º

JULY 11, 2025

(Investing) – Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 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. sanctions on Venezuela’s energy industry since 2019.

Oil

Rigzone

JULY 21, 2025

Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA EIA Reveals Latest USA Crude Oil Production Forecast by Andreas Exarheas | Rigzone Staff | Monday, July 21, 2025 | 8:27 AM EST The U.S. crude oil production forecast in its July short term energy outlook.

Crude Oil

Oil & Gas 360º

JUNE 23, 2025

(World Oil) – Citing the latest Current Employment Statistics (CES) report from the U.S. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office.

Gas

Oil & Gas Journal

JULY 28, 2025

In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. On a national scale, shale oil accounts for 60% of total output, while tight and shale gas combined make up 65% of Argentina ’ s gas production.

Basin

BOE Report

JULY 16, 2025

The United States withdrew oil from its Strategic Petroleum Reserve for the first time last week since December 2023, data from the Energy Information Administration showed on Wednesday. 300,000 barrels of crude oil were taken out of the reserve last week, the data showed.

Crude Oil

Iraq Business News: Oil & Gas

JULY 18, 2025

The Iraqi Cabinet, headed by Prime Minister Mohammed Shia Al-Sudani, held an emergency session on Thursday and issued a series of binding decisions regarding oil production and financial coordination with the Kurdistan Regional Government (KRG). A joint auditing team will verify and classify non-oil revenues from May 2025 onward.

Oil

Oil & Gas 360º

JULY 16, 2025

(EIA) – In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Natural gas was once considered a waste byproduct of crude oil production but now has become a common energy source for heating and electricity generation.

Energy

OilPrice

JULY 4, 2025

Traders say the discount on Urals oil for August delivery to India has narrowed to just $1.70–$2 per barrel below dated Brent—the tightest spread since Russia invaded Ukraine in 2022. in July, and well below the steep markdowns India enjoyed throughout 2023 and early 2024. That discount is down from $2–$2.50 The reason?

Oil

Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Iraq Agrees on Oil Plan With Kurds by Bloomberg | Khalid Al-Ansary | Thursday, July 17, 2025 | 4:00 PM EST Iraq approved a plan for its semi-autonomous Kurdish region to transfer oil to Baghdad.

Oil

Oil & Gas 360º

JUNE 23, 2025

(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. The facility will play an instrumental part in supporting the country’s crude production goals,” states NJ Ayuk, Executive Chairman of the AEC.

Field

Rigzone

JULY 1, 2025

Their collective seaborne exports were the highest since April 2023. “Amid supply disruption concerns, Middle Eastern oil producers might have looked at additional storage locations around the world,” said Giovanni Staunovo, a commodity analyst UBS Group AG. The three nations loaded 11.9

Oil

McKinsey

JULY 17, 2025

” McKinsey, March 21, 2023. These approaches typically dig deeper and through harder rock than where most oil and gas drilling occurs, so drilling for next-generation geothermal is currently more expensive than for traditional oil and gas. 2 “ What will it take for nuclear power to meet the climate challenge? ,”

IT

Oil & Gas 360º

JUNE 23, 2025

Oil Price) – Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8 At the end of 2023, Eni agreed to sell 9% in Plenitude to Energy Infrastructure Partners (EIP). Register to attend. billion (12 billion euros).

IT

Permian Basin Oil and Gas Magazine

JULY 11, 2025

Energy Information Administration reduced its forecast for crude oil production this year. In its Short-Term Energy Outlook released Tuesday, EIA said, “Declining oil prices have contributed to U.S. crude oil production will decline from an all-time high of just over 13.4 production of crude oil was 11.99

Crude Oil

Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Oil Rises on Tight Supply Signals by Bloomberg | Staff | Thursday, July 17, 2025 | 4:03 PM EST Oil rebounded on tighter supply signals and upbeat U.S. Oil Prices WTI for August delivery gained 1.7% demand data. demand data.

Oil

Iraq Business News: Oil & Gas

JULY 7, 2025

The eight OPEC+ countries, including Iraq, have reaffirmed their coordinated approach to oil market stability and announced a collective production adjustment for August 2025. million bpd voluntary cuts initially agreed in April and November 2023, and formally endorsed on 5 December 2024. By John Lee.

Oil

Rigzone

JULY 7, 2025

The Polish energy company said all of its refineries have been supplied with non-Russian oil since March, with the final contract for Russian oil delivery from Rosneft ending June 30. Today, we purchase crude oil from across the globe. Their cooperation has enabled us to bring in oil and gas from alternative sources.

Oil

Oil Gas Leads

JUNE 11, 2025

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Liquids” includes crude oil and NGLs.

Operator

Marcellus Drilling News

JULY 17, 2025

for AI projects; NATIONAL: What’s the state of oil hiring in the USA?; proved reserves fell in 2023 from 2022 record; Gen. REGIONS: California’s climate superfund bills fail again; Let’s hope Kathy Hochul took notes as investors poured $100B into Pa.

Energy

Iraq Business News: Oil & Gas

JUNE 8, 2025

As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. Exports also surged from 250,000 tonnes in 2023 to 1 million tonnes in 2025. By John Lee.

Gas

Permian Basin Oil and Gas Magazine

JULY 4, 2025

COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” COG said it owned the produced water and sued, the trial court agreed with COG, and the court of appeals affirmed.

Upstream

Rigzone

JULY 3, 2025

Image by macky_ch via iStock Russia’s oil revenue in June slumped to a two-year low as global crude prices fell and the ruble strengthened, meaning each barrel brought fewer rubles to the Kremlin. Proceeds from the oil industry shrank by almost 30% to 415.6 That’s the lowest since June 2023. billion rubles ($5.27

Oil

Rigzone

JULY 24, 2025

Image by chaiyapruek2520 via iStock The path of least resistance for oil prices from here is higher. “Our crude oil money-manager positioning index for the main WTI contract indicates a high degree of bearishness at -75.7, percentage points week on week to 39.4 a week on week decline of 35.0. a week on week increase of 6.2,”

Oil

OilPrice

JULY 1, 2025

These two sued in the United States, and in 2023, District Judge Loretta Preska ruled in favor of the plaintiffs, ordering Argentina to pay damages worth… But YPF also had two smaller shareholders, Petersen Energia Inversora and Eton Park Capital, Reuters recalls in a report on the new ruling.

Government

Oil & Gas 360º

JULY 1, 2025

4 for shale oil, into a key global energy-producing region that would help bring in foreign currency needed to prop up the economy. Vaca Muerta has hit production of over 400,000 barrels per day of oil and some 70 million cubic meters of gas per day. In 2023, Preska awarded $14.4 2 shale gas reserve and No.

Government

Oil Gas Leads

JUNE 19, 2025

Oil & Gas Contact Directory Flowback Consultants and Well Testers Contact List Completions Engineer Contact List Completions Consultant Contact List Drilling Engineer Contact List Drilling Consultant Contact List The post ConocoPhillips & PD 868: Robotics Redefining Drilling in the Canada appeared first on Oil Gas Leads.

Derrick Hand

Oil Gas Leads

JUNE 22, 2025

Albert Oil & Gas Operator Directory is a list of Oil & Gas operations in the St. Albert area of Alberta home to some of Canada’s top oil and gas companies in Western Canada, one of the most prolific oil and gas-producing regions in the world. Wells Drilled 2023 – Total wells drilled in 2023.

Gas

Oil Gas Leads

JUNE 28, 2025

The Louisiana Oil Company Directory is a compiled directory of oil & gas companies operating in LA, one of the most prolific oil and gas-producing regions in the world. This is a $30 oil & gas market intel bundle you receive at no extra cost. Wells Drilled US 2023 – Total wells drilled in the US 2023.

Oil

Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Santos Q2 Revenue Slightly Hit by Lower Oil Prices by Jov Onsat | Rigzone Staff | Thursday, July 17, 2025 | 4:13 AM EST Weaker liquids prices offset higher sales volumes. Crude oil sales increased from 1.26 petajoules in Q1 to 51.2

Oil

Oil Gas Leads

JULY 8, 2025

Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. oil production, delivering approximately 1.2–1.3 million barrels of oil per day as of Q1 2025. The post Williston Basin White Paper appeared first on Oil Gas Leads.

Basin

Valor

JUNE 9, 2025

June 9, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices steady ahead of U.S.-China China trade talks Summary : Oil prices held steady as investors awaited U.S.-China per gallon as global oil demand growth slows. and WTI at $64.64 per barrel.

Energy