Oil Review Middle East
MAY 12, 2025
Saudi Arabia is home to the Jafurah gas field, the largest liquid-rich shale gas play in the Middle East, estimated to contain more than 200 trillion scf of gas and 75bn bbl of condensates. While Abu Dhabi holds an estimated 220 bbl of unconventional oil and 460 Tcf of unconventional gas in place.
Egypt Oil & Gas
APRIL 16, 2025
We are focused on delivering more affordable and reliable energy from this region, building our capacity to over 400,000 barrels of oil equivalent per day (bbl/d) by the end of the decade, he added. million barrels of oil equivalent (mmboe) in 2030, with further capacity expected by 2035. first appeared on Egypt Oil & Gas.
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Oil & Gas 360º
MAY 15, 2025
billion in 2030 and 2031. All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (mcf) of natural gas to one barrel (bbl) of crude oil. Capital expenditures are expected to average $0.9 $1.0 billion in 2026 and $1.1 $1.2 billion in 2026 and $1.1
Iraq Business News: Oil & Gas
MAY 8, 2025
We addressed the maturity of our bond debt by calling the old bond and issuing a new $100 million bond, thereby increasing available cash and putting in place a capital structure that can provide funding towards delivery on our strategic objectives, regardless of whatever uncertainties may face the business at the macro-economic level.
Oil Gas Leads
MAY 2, 2025
As the company leans into this strategy through 2030, these 10 projects are expected to add $3+ billion in annual earnings by 2026 , reinforcing why advantaged isnt just a buzzword its a blueprint. In ExxonMobil’s framework, a project is “advantaged” if it offers: Low breakeven economics (i.e.,
Oil Gas Leads
MAY 11, 2025
oil production resilience depends on two pillars: An inventory of low-cost projects (sub-$40/bbl) Sustained operational activity to avoid decline and cost inflation Insights from the top oil & gas CEOs reinforce this modelbut they also reveal growing concern about capital discipline and production headwinds.
Oil Gas Leads
MAY 11, 2025
Jim Chapman With a target of $18 billion in structural savings by 2030, Exxon has shown how scale and capital discipline can drive sustainable breakevens, particularly in the Permian Basin. The capex that we’re spending is fairly flat as we continue to grow volumes reflects the continued efficiency that we’re finding.
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