Oil & Gas 360º

MARCH 25, 2025

Oil reserves Analysts have questions over Shells long-term oil resources, particularly how little output growth the company has locked in beyond 2030. The company in recent monthsspun offits UK North Sea business, sold its onshore Nigeria exploration and production arm and suffered drilling setbacks off Namibia.

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Exploration and Production Natural Gas Oil Upstream 130

Iraq Business News: Oil & Gas

MAY 8, 2025

Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices. Genel Energy has issued a trading and operations update relating to Q1 2025.

Energy 97

Energy Energy Exploration and Production Pipeline 97

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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Exploration and Production Field Upstream Gas 52

Egypt Oil & Gas

APRIL 5, 2025

These pillars involve providing citizens’ need of petroleum products with the lowest costs through boosting oil and gas production via intensified exploration activities, infrastructure optimization, accelerating renewable energy integration to achieve 42% green energy in Egypts mix by 2030, strengthening regional cooperation to leverage Egypts (..)

Gas 66

Gas Exploration and Production Petroleum HSE 66

Oil Review Middle East

MARCH 11, 2025

This breakthrough technology, which manipulates the resident down-hole ecology, offers operators an easy-to-deploy advanced tertiary oil recovery resulting in increased production and the lowering of lifting costs. The technology is currently being evaluated by many blue-chip customers, with the benefits to the operator clear.

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Exploration and Production Field Royalty Operator 45

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.

Exploration and Production 40

Exploration and Production Field Upstream Gas 40

Rextag

APRIL 16, 2025

42.5%), drilled the Far South exploration well in Green Canyon Block 584, located in the western Gulf of America approximately 120 miles off the coast of Louisiana. million barrels of oil equivalent per day globally by 2030, with approximately 1 million barrels expected from the U.S. BP is also targeting 2.32.5 in Q4 2024.

Oil 52

Oil Upstream Exploration Well Exploration and Production 52

Oil Review Middle East

MARCH 14, 2025

By 2030, in the US alone, data centre power demand is expected to triple, accounting for more than 10% of US electricity use. The company plans to ramp up oil and gas investment to US$10 bn a year and grow production to 2.32.5mn bpd in 2030, targeting 10 new major projects to start up by end 2027, and a further 810 by end 2030.

Exploration and Production 40

Exploration and Production Energy Energy Oil 40

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen? Exxon comes next: the U.S.

Oil 52

Oil Royalty Exploration and Production Government 52

Rextag

MARCH 3, 2025

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million barrels per day by 2030.

Gas 40

Gas Oil Energy Energy 40

Rextag

FEBRUARY 17, 2025

trillion in clean energy investments per year by 2030, but this assumption ignores financial realities. What This Means: If past trends continue, the IEAs projected clean energy investment levels will not materialize, meaning fossil fuels will remain dominant far beyond 2030. Jet fuel demand will continue rising well beyond 2030.

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Completion Oil Energy Energy 40

McKinsey

JULY 10, 2025

Including GVA from the manufacture of chemicals and chemical products, the manufacture of basic metals, and the estimated GVA in the cement and lime industry within the other nonmetallic mineral products sector in 2022 for Portugal and Spain. billion tons by 2030. “Gross value added and income by detailed industry (NACE Rev.2),”

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Transportation Exploration and Production Pipeline Offshore 67

Oil & Gas 360º

MARCH 24, 2025

Bloomberg reported the Raymond James figures, noting projects such as the giant Tengiz field in the Kazakh section of the Caspian Seaone of the largest oil discoveries in modern timesand the Bacalhau field in Brazil, which has an estimated potential of 1 billion barrels of oil equivalent. This is why this new supply is being developed.

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Oil Field Exploration and Production Barrel 130

Oil & Gas 360º

MAY 13, 2025

Petrobras is sticking with its plans to expand oil production, along with other international oil majors including Exxon Mobil Corp., up from the year ago period, thanks to higher oil production and a more favorable exchange rate, the company said. Chevron Corp. Net income was above expectations at 35.2 billion reais, 48.6%

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Oil Exploration and Production Drilling rig Offshore 130