Oil & Gas 360º

MARCH 19, 2025

(World Oil) – In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Average annual crude oil production in Alaska peaked at 2.0

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Rigzone

MAY 14, 2025

crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a decade, excluding the 2020 Covid-19 pandemic', an S&P Global analysis piece stated.

Crude Oil 92

Crude Oil Oil 92

Oilfield Technology

JUNE 9, 2025

The US Energy Information Administration has forecast crude oil production in the Federal Offshore Gulf of America [Gulf of Mexico] (henceforth GoA) will average 1.80 million bpd in 2026, compared with 1.77 million bpd in 2025 and 1.81 million bpd in 2024, in its most recent Short-Term Energy Outlook (STEO).

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Natural Gas Crude Oil Oil Offshore 52

Rigzone

MARCH 19, 2025

crude oil production forecast for 2025 and 2026 in its latest short term energy outlook. Energy Information Administration raised its U.S.

Crude Oil 94

Crude Oil Oil Energy Energy 94

Energy Outlook Advisors

APRIL 9, 2025

April 9, 2025 Subscribe now IN DETAIL US crude oil inventories rose by 2.553 mb to 442.3 US crude imports decreased by 277 mb/d to 6.189 mb/d last week. mb last week, per the EIA (Figure 1). Cushing inventories declined by 0.681 mb to 25.759 mb. US Strategic Petroleum Reserves grew by 0.276 mb to 396.7 mb to 236 mb.

Oil 177

Oil Crude Oil Refinery Petroleum 177

Oilfield Technology

MARCH 19, 2025

EIA forecasts that Alaskan crude oil production will grow in 2026, for the first time since 2017.

Crude Oil 64

Crude Oil Oil 64

Oil & Gas 360º

MAY 13, 2025

(World Oil) – Slowing global oil demand amid extreme uncertainty about the future of U.S. oil production growth later this year and could lead to an annual decline in output in 2026, according to a new analysis by S&P Global Commodity Insights. oil production growth this year.

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BOE Report

MARCH 19, 2025

Energy Information Administration on Wednesday forecast that Alaska’s annual crude oil production will increase in 2026, a first since 2017 and, if realized, the largest since 2002.

Crude Oil 59

Crude Oil BBL Oil Barrel 59

Rigzone: News

JANUARY 21, 2025

crude oil production forecasts in its January short term energy outlook. Energy Information Administration revealed its latest U.S.

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Crude Oil Oil Energy Energy 52

Oil & Gas 360º

MAY 14, 2025

Citing an analysis by University of Southern California professor Michael Mische, the letter warns that gas prices could spike 75% by 2026 reaching as high as $8.43 by the end of 2026 after the second. These numbers assume stable crude oil prices. per gallon if two major refineries are allowed to shut down as planned.

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Refinery Gas Crude Oil Oil 237

Oil & Gas 360º

JUNE 13, 2025

[O/R] Goldman Sachs has incorporated a higher geopolitical risk premium into its adjusted summer 2025 oil price outlook, but “we still assume no disruptions to oil supply in the Middle East,” the bank said in a note Friday. shale will reduce Brent and WTI oil prices to $59/55 in 2025Q4 and $56/52 in 2026.”

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Oil & Gas 360º

MAY 29, 2025

Under the OPEC+ agreement, Kazakhstans crude oil production quota is below 1.5 Last week, Akkenzhenov said that Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field. million tons of crude oil and condensate in 2025, or about 2 million bpd, which would be 9.7%

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Oil Crude Oil Condensate Field 130

Oil & Gas 360º

JUNE 23, 2025

Energy Information Administration (EIA) showing domestic crude oil production reached an all-time high of 13.5 Oil production has jumped this year after hitting a record 13.2 Due to market conditions and fluctuations in oil prices, U.S. oil production is forecasted to average 13.4

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Gas Oil Natural Gas Maintenance Technician 130

Rigzone

JUNE 20, 2025

No Member State will be left without energy as a result of this proposal” The proposal bans the import of gas in gaseous (via pipeline) and liquefied state that “originates in or is exported directly or indirectly from the Russian Federation” from January 2026, the official text stated. million tonnes for Slovakia and 6.2

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Gas Oil BCM Pipeline 75

Permian Basin Oil and Gas Magazine

MAY 23, 2025

crude oil production next year. A combination of slowing global oil demand fueled by uncertainty over U.S. oil production later this year and could lead to an annual decline next year. million b/d in 2026 for a decline of 130,000 b/d. million b/d in 2026 for a decline of 130,000 b/d.

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Crude Oil Oil Basin Barrel 45

Oil & Gas 360º

MARCH 11, 2025

The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil. The huge resources discovered offshore Guyana since 2015 have made the country one of the newest crude oil exporters. By Charles Kennedy for Oilprice.com

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Oil & Gas 360º

MAY 21, 2025

Skandi Iguau, one of the biggest AHTS vessels ever built in Brazil with a 350mt+ bollard pull (BP) and large winch storage capacity has been contracted for four years with expected commencement in February 2026 in sequence with its current contract.

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Oil & Gas 360º

JUNE 18, 2025

Talos is targeting approximately $100 million in increased annualized cash flow in 2026 by improving its existing operations through capital efficiency, margin enhancement, commercial opportunities, and general organizational improvements. The three pillars of Talos’s new strategy are: Improve the business every day.

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Oil & Gas 360º

APRIL 21, 2025

Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the companys goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. About Chevron Chevron is one of the worlds leading integrated energy companies.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

MAY 5, 2025

The bank now expects Brent crude to average $60 per barrel for the rest of 2025 and $56/bbl in 2026 down by $2 from its previous estimate. It has also cut its forecast for West Texas Intermediate (WTI) crude by $3/bbl, now projecting it to average $56/bbl for the remainder of 2025 and $52/bbl in 2026.

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BBL Oil Barrel Petroleum 130

Oil & Gas 360º

MAY 28, 2025

It said that the tender offer is expected to be filed in the first quarter of 2026. Following the acquisition, North Atlantic would make a mandatory takeover bid for the remaining shares of Esso on the same financial terms as the initial offer, Esso said. Reporting by Alban Kacher; Editing by Jan Harvey and Tomasz Janowski)

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Energy Energy Completion IT 130

BOE Report

MARCH 16, 2025

Goldman Sachs has lowered its December 2025 and average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects and expectations of higher OPEC+ supply, it said in a note dated on Sunday.

Oil 59

Oil Crude Oil Barrel IT 59

Oil & Gas 360º

APRIL 4, 2025

(Oil Price) –BP chair Helge Lund has informed the board that he would be stepping down from the role most likely during 2026, as activist investor Elliott continues to demand more changes at the UK-based supermajor. The announcement is seen as a victory for Elliott Management, the activist investor pushing for changes at BP.

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Oil & Gas 360º

MAY 30, 2025

Chevron is undergoing one of the biggest restructurings in its modern history and announced plans to reduce its global workforce by as much as 20%, or 9,000 people, by the end of 2026.

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Basin Operator Oil Barrel 130

Oil & Gas 360º

MARCH 10, 2025

mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity.

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Oil & Gas 360º

MARCH 26, 2025

Intrinsically, we estimate oil E&Ps reflect ~$60 long-run WTI, ~10% below the 12-month strip while gas stocks are pricing in ~$3.75 Henry Hub, 17% below the 12-month strip and -25% vs 2026 MS forecast of ~$5, Morgan Stanley said. Looking ahead, we retain our defensive bias and preference for gas over oil.

E&P 130

E&P Energy Energy Exploration and Production 130

Oilholics Synonymous Report

SEPTEMBER 18, 2024

The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer. It also has the nation's highest refining capacity by some distance and remains a wind power leader.

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Natural Gas Energy Energy Gas 130

Oil & Gas 360º

APRIL 17, 2025

Lund announced this month he would step down likely in 2026, but a poor turnout from his supporters at Thursdays meeting might expedite his exit. In addition to smaller investors, Legal & General, a top-10 BP shareholder according to LSEG data, has called for a vote against Lund.

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Oil & Gas 360º

MAY 23, 2025

Last month, Valero Energy said it plans to idle, restructure, or cease refining operations at its Benicia Refinery in California by the end of April 2026, as one of the biggest U.S. Phillips 66s LA refinery will not be the only one to cease operations in California soon. The Energy Information Administration (EIA) expects U.S.

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Refinery Terminal Operator Operator Oil 130

Oil & Gas 360º

APRIL 8, 2025

The oil giants chair Helge Lund has informed the board that he would be stepping down from the role most likely during 2026, and the board of directors has initiated a succession process, BP said last week. Another high-profile activist push from Elliott is unfolding at UK-based supermajor BP. By Charles Kennedy for Oilprice.com

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Oil & Gas 360º

APRIL 7, 2025

billion towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis, contributing 75% of project capital expenditure in both 2025 and 2026. Under the deal, Stonepeak will provide $5.7 billion when it completed the deal to buy struggling U.S. firm Tellurian and its U.S.

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Completion Management Oil IT 130

Oil & Gas 360º

JUNE 4, 2025

MMbtu range through 2026, because of high liquified natural gas export demand and growing energy needs from artificial intelligence infrastructure. Banks expect natural gas prices to stay strong, in the $3.50-$3.75/MMbtu After 2027, they expect prices to ease as U.S. production starts to outpace demand growth.

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Natural Gas BBL Barrel Oil 130

Oil & Gas 360º

MAY 15, 2025

The estimate for full-year 2026 demand growth is also close to the 2025 forecast and to last months already slashed projections760,000 bpd. China trade de-escalation from earlier this week, increased trade uncertainty is expected to weigh on the world economy and, by extension, oil demand, the IEA said today. Despite the U.S.-China

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Oil & Gas 360º

MAY 12, 2025

The Barnett Zero Project in North Texas has sequestered over 200,000 tons of CO 2 equivalent since start up in November 2023, and the Eagle Ford Project in South Texas is forecasted to achieve an initial injection in the first half of 2026, subject to receipt of all required permits and execution of necessary definitive agreements.

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Utilities Operator Pipeline Management 130

Oil & Gas 360º

MAY 2, 2025

billion of share repurchases, consistent with its annual $20 billion share-repurchase program through 2026. Exxons shareholder distributions came in at $9.1 billion in the first quarter, including $4.3 billion of dividends and $4.8

Basin 130

Basin Upstream Oil Offshore 130

Oil & Gas 360º

MARCH 10, 2025

times by year end 2026. Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9 times Net Debt to Funds Flow 1 which is expected to continue to further strengthen to 0.8 times net debt/funds flow, which is expected to continue to further strengthen to 0.8

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Energy Transfer

MAY 7, 2025

We also saw strong performance in interstate natural gas transportation volumes (up 3% – a new Partnership record), crude oil transportation volumes (up 10%), NGL transportation volumes (up 4%), NGL and refined products terminal volumes (up 4%), NGL exports (up 5%) and midstream gathered volumes (up more than 2%).

Energy 98

Energy Energy Natural Gas Midstream 98