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Iraq Expands Gas Projects to Curb Flaring

Iraq Business News: Oil & Gas

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. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025.

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100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down

Enverus

the largest source of gas in Canada, as well as select midstreamers, the companies that gather and process the gas and liquids, Rix said. Key takeaways from the report: EIR estimates that non-upgraded Canadian oil sands production will rise by around 100 Mbbl/d annually until 2028.

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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

Non-upgraded Canadian oil sands production is expected to rise by around 100 Mbbl/d annually until 2028. However, this increased demand for condensate will also have implications for AECO hub gas pricing. As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associated gas.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

This move supports the companys growing gas gathering and processing footprint. Total Permian gas processing volumes are projected to reach ~1.6 As Permian associated gas production continues to rise , ONEOK is evaluating additional processing expansions. Higher associated gas production , boosting NGL and gas volumes.

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