Rigzone

JUNE 30, 2025

“This acquisition brings new resources to the development of our low-cost and low-emission GranMorgu project”, Javier Rielo, senior vice president for Americas exploration and production at TotalEnergies, said. Production start-up is expected in 2028, the company said. miles (150 kilometers) off the Surinamese coast.

Exploration and Production 67

Exploration and Production Field Operator Oil 67

Oil & Gas 360º

MARCH 31, 2025

(Oil Price) –Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one single direction: back to oil and gas, which make money. The important bit, however, is that it will not be reducing this production as it previously intended to do amid its green pivot.

Oil 130

Oil Field Gas Natural Gas 130

Oil Review Middle East

JULY 2, 2025

Liquefied natural gas (LNG) has emerged as a vital component of this shift — not as a competitor to renewables, but as a complementary, lower-emission fuel that supports reliability where intermittent sources fall short. The Qatargas Jetty Boil-Off Gas Recovery Facility exemplifies this approach. million tons per year.

Sustainable 59

Sustainable Sustainability Exploration and Production Natural Gas 59

McKinsey

JUNE 16, 2025

In the initial global MACC, the abatement potential for passenger EVs by 2030 was estimated at 0.05 The initial MACC reported more than three gigatons of potential abatement from CCUS, but the technology has not scaled as expected; only about one-thirtieth of those three gigatons will be captured by 2030. gigatons as of 2024.

Sustainable 103

Sustainable Sustainability Exploration and Production Supply Chain 103

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. million boepd by 2030.

Natural Gas 52

Natural Gas Gas Basin Exploration and Production 52

Oil & Gas 360º

MARCH 25, 2025

Analysts and investors will be looking for plans for growth at the companys crucial liquefied natural gas business and reassurance on oil reserves. Heres what they want to hear: Gas growth Shells profit growth has been largely centered on LNG, a priority that analysts expect to remain amid burgeoning global demand for the fuel.

Exploration and Production 130

Exploration and Production Natural Gas Oil Upstream 130

Rextag

JULY 7, 2025

Canada has officially entered the ranks of global LNG exporting nations with the departure of the first cargo from LNG Canada, the country’s first large-scale liquefied natural gas export terminal. However, experts caution that these claims are complicated. “Will all of our natural gas exports be displacing coal? Absolutely not.

IT 59

IT Energy Energy Exploration and Production 59

Egypt Oil & Gas

APRIL 5, 2025

Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements across Egypt.

Gas 66

Gas Exploration and Production Petroleum HSE 66

Asian Oil & Gas

MARCH 10, 2025

Japan Petroleum Exploration (Japex) is prioritizing investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively expand its renewables businesses

E&P 40

E&P Exploration and Production Gas Oil 40

Enverus

JUNE 2, 2025

With attendees representing more than 350 companies, ranging from oil and gas producers to power generators to cloud providers, the event served as a dynamic forum for exploring the future of energy. Economic growth will rely more on productivity and income increases driven by innovation as opposed to sheer population expansion.

Drivers 130

Drivers Exploration and Production Energy Energy 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 13, 2025

megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. The German power and gas utility said it is proceeding as a sole owner, without co-developer Energiekontor UK Ltd. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Image by Nicholas J.

Exploration and Production 62

Exploration and Production Energy Energy Gas 62

Egypt Oil & Gas

APRIL 16, 2025

In a statement , the company said that it drilled the exploration well in Green Canyon Block 584, located in western Green Canyon, about 120 miles off the coast of Louisiana, in water depths of 4,092. Globally, bp expects to grow its upstream production between 2.32.5 first appeared on Egypt Oil & Gas.

Oil 52

Oil Sidetracking Exploration and Production BBL 52

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.

Exploration and Production 52

Exploration and Production Field Upstream Gas 52

Rigzone

JUNE 24, 2025

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, JOGMEC Pen LNG Cooperation Deal by Jov Onsat | Rigzone Staff | Tuesday, June 24, 2025 | 7:30 AM EST The cooperation could include 'exploring the utilization of LNG storage facilities in Malaysia' to help secure supply for Japan.

Exploration and Production 62

Exploration and Production BCF Utilities Gas 62

Rextag

MARCH 3, 2025

Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. The company aims to boost daily oil and gas production to between 2.3

Gas 40

Gas Oil Energy Energy 40

Rextag

APRIL 3, 2025

The countrys electricity demand is expected to rise 10% to 17% by 2030, compared to 2024 levels. Major Drivers of Power Demand Growth by 2030 Multiple converging trends are reshaping the U.S. Major Drivers of Power Demand Growth by 2030 Multiple converging trends are reshaping the U.S. increasing power requirements.

Utilities 52

Utilities IT Energy Energy 52

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

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.

Exploration and Production 45

Exploration and Production Field Royalty Operator 45

Rextag

APRIL 16, 2025

The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. Under the new plan, BP will now: Increase annual oil and gas investment by 20% to $10 billion. 2 billion annually. 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. While bp CEO Murray Auchincloss expanded on the companys strategic reset, which will see it boost oil and gas investment and cut investment in renewables in a bid to maximise returns and value for shareholders.

Exploration and Production 40

Exploration and Production Energy Energy Oil 40

Oil Review Middle East

MAY 27, 2025

They will create more than 3,500 highly skilled private sector jobs and manufacture a wide range of industrial products including pressure vessels, pipe coatings and fasteners. ADNOC announced the award of contracts valued at AED543mn (US$147.8mn) to nine of its suppliers for locally made industrial products to be used across its value chain.

Supply Chain 52

Supply Chain Manufacturing Exploration and Production Pipeline 52

Rextag

FEBRUARY 13, 2025

He prioritizes core oil and gas projects to unlock stronger cash flow and satisfy shareholders. By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. From Looney to Auchincloss: Continuity or Clean Break?

Gas 40

Gas Oil Exploration and Production Operator 40

Rextag

JUNE 2, 2025

Once considered a mature and declining conventional oil play at the start of the 21st century, the Permian has grown into a global energy giant, second only to Saudi Arabia in crude oil and condensate production. million b/d of production before reaching a plateau of 7.7 million b/d. tight oil plays.

Basin 40

Basin Exploration and Production Condensate Upstream 40

Orient Energy Review

MARCH 22, 2023

ENGIE GEMS will then assist ENGIE Energy Access in selling these credits to climate-conscious organisations wanting to offset their greenhouse gas emissions with projects that have a high social and environmental impact. Carbon credits are an important lever to optimize the affordability of our products.

Finance 52

Finance Energy Energy Exploration and Production 52

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

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.

Completion 40

Completion Oil Energy Energy 40

The Energy Law

OCTOBER 5, 2020

By ratifying the 2015 Paris Agreement, [1] nations across the world made a commitment to reducing greenhouse gas emissions by at least 40% by the year 2030. Carbon dioxide is one of the primary greenhouse gases found in the Earth’s atmosphere, accounting for 76% of global greenhouse gas emissions according to published reports.

E&A 40

E&A Exploration and Production Gas Education 40

Oil and Gas Investments

APRIL 22, 2025

HELIOSTAR BUYING WHAT OTHERS ARE THROWING AWAY 12 months ago, Heliostar Mining was years away from production. Source: Heliostar Investor Presentation The costs of production remain high.The midpoint of guidance is that all-in sustaining costs (ASIC) will be $2,025/oz. Today they have two producing mines and a growth profile.

Probable Reserves 52

Probable Reserves Exploration and Production IT Casing 52

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),”

Transportation 65

Transportation Exploration and Production Pipeline Offshore 65

Rextag

JANUARY 6, 2025

While clean technologies achieved record growth, the enduring dominance of oil, gas, and LNG underscored the complexities of balancing energy security, economic stability, and climate ambitions. shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability. Record U.S.

Offshore 40

Offshore Exploration and Production Finance Oil 40

Oil & Gas 360º

MARCH 27, 2025

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. We think that between 2027 and 2030 its likely that the U.S. We think that between 2027 and 2030 its likely that the U.S.

Oil 130

Oil Basin Barrel Hydraulic Fracturing 130

Oil & Gas 360º

MARCH 24, 2025

Production expansions at Saudi fields will also contribute to the fresh wave of oil supply, the investment bank added. There are already signs that the oil industry is not in a position to keep boosting production regardless of prices. There is a need for oil and gas upstream investments, full stop, he added.

Oil 130

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. billion reais, slightly below the 62.2 billion reais, 48.6%

Oil 130

Oil Exploration and Production Drilling rig Offshore 130

Oil & Gas 360º

MAY 19, 2025

oil production despite President Donald Trumps drill, baby, drill slogan. oil production is being accelerated and could be sooner than previously expected. crude oil production in which the slowdown in shale would be partly offset by rising output from the U.S. production overall would peak between 2027 and 2030.

Oil 130

Oil Crude Oil Basin Barrel 130

CNBC: Energy

JUNE 5, 2025

Those aged 65 and older in the United States are expected to make up about 21% of the population by 2030, up from 17% in 2020, according to the Census Bureau. Northern Oil and Gas' first-quarter adjusted earnings and revenue both beat expectations. That percentage is expected to keep growing through 2060. million beat the $178.4

Exploration and Production 52

Exploration and Production Finance Supply Chain IT 52

Valor

JULY 7, 2025

July 7, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Read more Gas prices dropped to near 4-level lows for Fourth of July Summary : U.S. gas prices are near a four-year summer low for the July 4th holiday, with the national average at $3.16 per barrel.

Energy 52

Energy Energy Exploration and Production Barrel 52