Oil & Gas 360º

MARCH 31, 2025

In late February, when it made its very unsurprising admission, BP said it would boost spending on oil and gas production by 25% annually while slashing investments in transition-related business by 70%. The important bit, however, is that it will not be reducing this production as it previously intended to do amid its green pivot.

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Rigzone

JUNE 13, 2025

megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. Image by Nicholas J. Klein via iStock Uniper SE has approved the construction of a 46.2-megawatt The German power and gas utility said it is proceeding as a sole owner, without co-developer Energiekontor UK Ltd.

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Oil & Gas 360º

APRIL 28, 2025

(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. per barrel WTI and $4.28

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Oil Review Middle East

MAY 1, 2025

TotalEnergies and OQ Exploration and Production (OQEP) have broken ground on the Marsa LNG plant in the port of Sohar, northern Oman The 1 million ton per year (Mt/y) liquefaction plant is being built by Marsa LNG LLC, a joint company between TotalEnergies (80%) and OQEP (20%).

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Exploration and Production Sustainable Sustainability Project Manager 64

Rigzone

JUNE 6, 2025

“They also include agreements for BP to access to two new exploration and development licenses and introduce a new partner to accelerate exploration on a third,” the company added. billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest.

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Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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Oil Gas Leads

MAY 12, 2025

By 2028, Exxon expects to have its first data center site operational, and fully decarbonized by 2029a sign of how energy production and digital infrastructure are becoming tightly linked. Devon AI + real-time sensors = optimized production and new market access Productivity boost 15% to 30%.

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Rextag

APRIL 15, 2025

Leaders across the energy industry are emphasizing the need for supportive regulations, financial incentives, and improvements in production technologies to close the cost gap between low-carbon hydrogen and conventional fuel sources. Tech Giants Eye Nuclear Power Hydrogen isnt the only low-emission energy source under exploration.

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Exploration and Production Energy Energy Natural Gas 52

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 MMBbl/d production increase in 2024. MMBbl/d , a 0.3

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Basin Oil Gas Exploration and Production 40