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Oil Prices Climb After the EU Imposes New Sanctions on Russia

OilPrice

Friday, July 18th, 2025 The constant drumbeat of Russian sanction announcements is keeping Brent futures around $70 per barrel, with the European Union and its concept of a floating price cap taking centre stage this week.

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

In June 2025, the company lifted its first crude cargo from the newly-constructed facility—the first indigenous onshore terminal constructed in the country in five decades—signaling the start of operations at the terminal. By March 2025, the facility began injecting crude, with GEIL’s production averaging 5,000 bpd.

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Navigating the M&A Landscape in 2025: Insights for Small to Mid-Sized Upstream Operators

Enverus

The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. These basins are gaining renewed interest due to rising gas prices and the growing impact of LNG exports, offering a more level playing field for non-majors.

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How Likely is $100 Oil in 2025?

Rigzone

by Andreas Exarheas | Rigzone Staff | Monday, July 14, 2025 | 7:47 AM EST Rigzone talks to Carole Nakhle, the Chief Executive Officer of London based consultancy Crystol Energy. per barrel in 2025. per barrel in the fourth quarter of 2025. per barrel in the fourth quarter of 2025. The Brent spot price averaged $80.56

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Global LNG production will drive supply surge in 2026, says IEA

Oil & Gas 360º

Qatar’s North Field East LNG expansion project is set to start operations in the middle of next year, “although much of its expected upside will spill into 2027,” the IEA said in the report. For the rest of 2025, however, the IEA cautioned that the market remains vulnerable to shocks.

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Valor | Energy Connection – June 16, 2025

Valor

June 16, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3%

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Investor confidence fuels nuclear fusion frenzy

Oil & Gas 360º

This is despite the fact that most of the last half-decade have not been banner years for broader investment in technology fields – affirming fusion’s unique appeal as a secure, scalable, and clean energy solution to the world’s power needs.”